Property for Sale Bahamas – Homes For Sale Bahamas
Explore property for sale and homes for sale throughout the Bahamas by searching real estate listings from owners, agents, developers, and hotel owners. Whether you’re looking for land to build a new home or an investment opportunity, the Bahamas offers a variety of options.
Selling Property in the Bahamas
Homesgofast.com provides exposure to international buyers seeking holiday homes, relocation properties, second homes overseas, or investment opportunities. Consequently, our platform attracts visitors from the UK, USA, Europe, and beyond, allowing you to advertise your Bahamian property listings effectively.
Land for Sale in the Bahamas
Use Homesgofast.com to find land for development in desirable locations such as Nassau, Paradise Island, and Grand Bahama. You can enjoy stunning coastal views, proximity to cultural landmarks, and vibrant communities. Moreover, you can find land for sale near popular tourist attractions and dynamic cityscapes.
Investing in Bahamian Real Estate
Rental Income
If you are a nonresident earning rental income in the Bahamas, you are taxed at a flat rate on the gross rental income. Unfortunately, deductions are not allowed.
Investment Property Bahamas
Capital Gains
Capital gains from property sales are subject to local regulations. However, exemptions and deductions may apply, reducing the effective tax rate.
Inheritance
Inheritance tax is imposed at varying rates depending on the value of the estate and the relationship of the beneficiary to the deceased.
Residents
Bahamian residents are taxed on their worldwide income, including income from property investments abroad.
For more information, the Department of Statistics provides independent statistics on various economic indicators.
Bahamian Properties for Sale
Recent sales in the Bahamas include:
- A luxury villa in Nassau
- A seaside estate on Paradise Island
- Charming apartments in Grand Bahama
- Modern penthouses in Abaco Islands
Living in the Bahamas
The rental market in major Bahamian areas and popular tourist regions can be competitive. Rental prices vary, but you should expect to pay a premium for central and scenic locations. The demand for rental properties is high due to the influx of tourists, expatriates, and investors.
Buying a House in the Bahamas
Property transaction costs in the Bahamas typically range from 6% to 10% of the property price. Buyers are responsible for these costs, which include real estate agent fees, notary fees, and registration fees. Real estate agent commissions are usually between 3% and 6% of the sales price, plus VAT. Notary fees and other closing costs vary but are often significant.
Nassau Property
Nassau, the capital, is known for its vibrant culture, historic architecture, and diverse real estate market. Therefore, property prices are highest in central districts like Cable Beach and Paradise Island.
Paradise Island
Paradise Island, known for its luxury resorts and beautiful beaches, is a
More advice here:
https://www.gov.uk/guidance/guidance-for-buying-property-abroad
Typical buying costs
http://www.globalpropertyguide.com/Caribbean/Bahamas/Buying-Guide
Where to find more out about The Bahamas
Bahamas Guide Bahamas Online
