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Real Estate in Andros Island, Bahamas | Digital Nomad Exchange
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Real Estate in Andros Island, Bahamas

By Betsy Burlingame

Last updated on May 08, 2024

Summary: People living in Andros Island, Bahamas offer advice about real estate. How do you find a home in Andros Island? Should you buy or rent? What is the cost of housing?

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Atlantis Bahamas
Atlantis Bahamas

How do I find a place to live in Andros Island?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"Finding a place to live in Andros Island involves several steps. First, you need to determine your budget and what type of accommodation you are looking for. This could range from a small apartment to a large beachfront villa. Next, you should research the different areas of Andros Island to decide where you would like to live. The island is divided into North Andros, Central Andros, and South Andros, each with its own unique characteristics and communities. Once you have a clear idea of what you're looking for, you can start your search. There are several online real estate platforms that list properties for rent or sale in the Bahamas, such as Bahamas Realty, ERA Dupuch Real Estate, and H.G. Christie Ltd. You can filter your search by location, property type, price range, and other criteria. In addition to online listings, you may also want to consider hiring a local real estate agent. They can provide valuable insight into the local market, help you negotiate prices, and guide you through the legal process of renting or buying property in the Bahamas. Before making a decision, it's important to visit the property in person. This will give you a better sense of the property's condition, its proximity to amenities, and the surrounding neighborhood. Finally, once you've found a property you like, you'll need to secure it. This typically involves signing a lease or purchase agreement and paying a deposit or down payment. Remember, moving to a new country can involve additional legal and logistical considerations, so it's important to do your research and seek professional advice if needed," remarked one foreigner who made the move to Andros Island.

What is a typical expat home or apartment like in Andros Island?

"Expat homes or apartments in Andros Island, are typically designed to embrace the island's tropical environment. They often feature open floor plans to allow for natural light and air circulation, with large windows and doors that offer stunning views of the ocean or lush greenery. The homes are usually built with high ceilings and ceiling fans to help keep the space cool in the warm climate. The architecture often reflects the island's colonial history, with elements of British colonial style, such as wrap-around verandas, wooden shutters, and pitched roofs. The interiors are typically furnished with comfortable, casual furniture, often made from local materials like rattan or bamboo. Many expat homes also have outdoor living spaces, such as patios, decks, or gardens, where residents can enjoy the island's beautiful weather. Some homes may even have private docks or beach access, allowing residents to easily enjoy water activities like boating or swimming. In terms of amenities, expat homes on Andros Island often come equipped with modern conveniences like air conditioning, Wi-Fi, and fully equipped kitchens. Some may also have access to community amenities like swimming pools, tennis courts, or fitness centers. Despite the luxurious features, these homes often blend seamlessly into the island's natural landscape, with landscaping that features native plants and trees. This allows expats to enjoy a comfortable lifestyle while also experiencing the unique beauty and tranquility of Andros Island," remarked one foreigner who made the move to Andros Island.

What is the average cost of housing in Andros Island?

If you are thinking about moving to Andros Island, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The average cost of housing in Andros Island can vary greatly depending on the location and size of the property. For a modest home, prices can start in the low hundreds of thousands of dollars. However, for larger, luxury homes or beachfront properties, prices can easily reach into the millions. It's also worth noting that the cost of living on Andros Island is generally lower than in more populated areas of the Bahamas, such as Nassau," explained one person living in Andros Island, Bahamas.

Should I buy or rent a home in Andros Island?

If you have not spent a lot of time in Andros Island, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:

"The decision to buy or rent a home in Andros Island, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay on the island for a long period or frequently visit, buying a home could be a good investment. Owning a property allows you to build equity over time and could provide a potential source of income if you decide to rent it out when you're not using it. On the other hand, renting a home might be a better option if you're not sure about your long-term plans or if you're not ready for the financial commitment of buying a property. Renting offers more flexibility, as you can easily move if your circumstances change. It also means you won't have to worry about property maintenance or other homeowner responsibilities. It's also important to consider the local real estate market. If property prices are high and continue to rise, buying a home could be a good investment. However, if prices are low or stagnant, renting might be a more cost-effective option. Lastly, consider the lifestyle you want to lead. If you value stability and the ability to customize your living space, buying a home could be the right choice. But if you prefer the freedom to move around and not be tied down, renting might be a better fit. In conclusion, both buying and renting have their pros and cons, and the best choice depends on your individual circumstances and goals. It's recommended to consult with a real estate professional or financial advisor to help make the best decision," remarked one member in Andros Island.

About the Author

Betsy Burlingame Betsy Burlingame is one of the founders of Digital Nomad Exchange and the Founder and President of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange and Digital Nomad Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.

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