Real Estate in Nassau, Bahamas

"We use a real estate agent. We choose the western side of the island, no traffic! But of course it depends where your office is located," explained one expat living in Nassau, Bahamas.

"One of the best ways to find a place to live in Nassau is to search online for rental listings. There are many websites that offer listings for apartments, houses, and other types of rental properties in the area. Additionally, you can contact local real estate agents who specialize in the Nassau area to help you find a place to live. You can also look for rental postings in local newspapers and on bulletin boards in the area. Finally, you can ask friends and family who live in Nassau for recommendations," said one person in Nassau.

"I live in a gated community with a pool. It's a townhouse style condo and the complex of 20 units is made up almost entirely of expats," said one expat in Nassau.

"Expat homes and apartments in Nassau are typically luxurious and spacious, with modern amenities and plenty of outdoor space. Many of the homes and apartments have stunning views of the ocean, and many feature private pools and outdoor patios. Expats can also find homes and apartments with access to private beaches, marinas, and golf courses. The interiors of these homes and apartments are often decorated with bright colors and tropical accents, and feature high-end appliances and fixtures," remarked one member in Nassau.

"The cost of housing in Nassau varies depending on the type of property and its location. Generally, the average cost of a single-family home in Nassau is around $400,000, while the average cost of a condo or apartment is around $200,000. Prices can be higher or lower depending on the size and condition of the property," remarked one foreigner who made the move to Nassau.

"Much much much higher. It varies. USD 3,000 per month will get you a decent apartment. USD 7,000 per month will get you a big house," explained one person living in Nassau, Bahamas.

"Buying a home in Nassau can be a great investment. The cost of living is relatively low, and the area is known for its beautiful beaches and warm climate. However, it is important to consider the cost of purchasing a home in the area, as well as the cost of upkeep and maintenance. Renting a home in Nassau can be a great option for those who are not ready to commit to buying a home, or who are looking for a more flexible living situation. Renting can also be a great way to explore the area and get to know the local culture before making a long-term commitment," explained one person living in Nassau, Bahamas.

"We rented at first to make sure we were happy here. We later bought a home and both options work well. For the residency documents you can use either a rental lease or a property deed but the minimum value has changed over the years," said one expat in Coral Harbour.

"When buying property in Nassau, it is important to research the area and the local market to ensure you are making a sound investment. It is also important to understand the local laws and regulations regarding property ownership, as well as any taxes or fees associated with the purchase. It is also important to work with a qualified real estate agent or lawyer to ensure the transaction is handled properly. Additionally, it is important to consider the cost of living in the area, as well as any potential risks associated with owning property in the Bahamas," said one in Nassau.

"Above all I suggest renting when you first arrive and take the time to learn the island and make contacts before buying into anything. You will discover that some areas are much more desirable than others. The maintenance cost can also be drastically different depending on where you are located, remember that Nassau is subject to hurricanes and hurricane insurance is quite expensive," explained one expat in Nassau.

"Yes, foreigners are allowed to own property in Nassau. The government of the Bahamas encourages foreign investment in real estate, and there are no restrictions on foreign nationals owning property in the country. However, non-Bahamians must obtain a permit from the Bahamas Investment Authority if they wish to purchase more than two acres of land or if the property is to be used for commercial purposes. Additionally, foreign buyers must register their property with the Foreign Investments Board and the Central Bank of the Bahamas," explained one foreigner living in Nassau, Bahamas.

"Rental properties in Nassau typically include a refrigerator, stove, oven, dishwasher, washer, and dryer. Other common appliances may include a microwave, toaster, and coffee maker. Depending on the property, air conditioning units may also be included," said one foreigner living in Nassau, Bahamas.

"Most rentals are completely furnished with all the main appliances necessary to live. It was hard to find a rental property where we could put our children's room set. Many of the properties are set up for vacationers so much of the furniture is whicker and cheap. A well furnished home is out there, but must be looked for," explained one expat living in Nassau, Bahamas.

"Expats searching for homes in Nassau often begin by browsing online real estate websites and local classifieds to get an idea of the housing market. They may also join expat forums and social media groups to seek advice and recommendations from fellow expats who have already gone through the process. Additionally, expats can reach out to local real estate agents who have experience working with foreigners and can help navigate the local housing market. Visiting Nassau in person to explore different neighborhoods and attend open houses can also be beneficial in finding the perfect home. Finally, networking with locals and other expats can lead to potential housing opportunities that may not be advertised online," wrote one expat who made the move to Nassau.

" Thre are a lot of real estate companies here. Some of the better ones I have dealt with are: Adam Duncombe of ERA Dupuch Real Estate Marilyn Ayearst-Hartley of Bahamas Islands Realty Gavin Christie of C.A. Christie Real Estate and Claire Thackray of Mccarroll Real Estate Of course that is not to say the rest are all no good but I have come across some shady ones and so prefer to stick with the ones I know are honest and helpful. If you are looking to rent, you probably better off just asking around. Everyone knows people with homes for rent to expats and you will get a better deal not going through a real estate agent, just make sure you have a qualified person look over the lease agreement. If you want to build, speak directly with the builders, ask around to get the names of good ones. If you plan on building in a gated community the association can normally help you with finding a good builder as they don't want poorly developed homes in their community. ," explained one foreigner living in Nassau, Bahamas.