Real Estate in Long Island, Bahamas
Last updated on May 02, 2024
Summary: People living in Long Island, Bahamas offer advice about real estate. How do you find a home in Long Island? Should you buy or rent? What is the cost of housing?
How do I find a place to live in Long Island?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"Finding a place to live in Long Island involves several steps. First, you need to determine your budget and the type of accommodation you're looking for. This could range from a beachfront villa to a modest apartment. Next, you should research the different areas of Long Island to find a location that suits your lifestyle and preferences. Some people might prefer a quiet, secluded area, while others might want to be close to amenities like shops, restaurants, and schools. 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 sale or rent in the Bahamas. Websites like Bahamas Realty, H.G. Christie Ltd., and Coldwell Banker Lightbourn Realty can be useful resources. You can also reach out to local real estate agents who specialize in Long Island properties. They can provide valuable insights about the local market and help you find properties that meet your criteria. Once you've found a few potential options, you should arrange to visit the properties in person. This will give you a better sense of the property's condition, the neighborhood, and whether it meets your needs. Before finalizing any agreement, make sure to read the contract carefully and understand all the terms and conditions. If you're not familiar with Bahamian real estate laws, it might be a good idea to consult with a local attorney. Finally, once you've found your ideal home and all the paperwork is in order, you can make your move to Long Island, Bahamas," explained one expat living in Long Island, Bahamas.
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What is a typical expat home or apartment like in Long Island?
"Expat homes in Long Island, are typically designed to embrace the island's tropical climate and stunning views. They often feature open floor plans to allow for natural light and air circulation. The homes are usually built with high-quality materials to withstand the island's weather conditions, including hurricanes. They often have large windows and doors that open onto spacious patios or balconies, providing panoramic views of the ocean or lush landscapes. The interior design of these homes often reflects the island's laid-back lifestyle and natural beauty. They are typically furnished with comfortable, casual furniture and decorated with tropical colors and local artwork. The kitchens are usually modern and well-equipped, and the bedrooms often have en-suite bathrooms. Many expat homes in Long Island also come with amenities such as swimming pools, outdoor dining areas, and private docks for boats. Some are located within gated communities, offering additional security and access to shared facilities like tennis courts or golf courses. Despite their luxurious features, these homes often blend seamlessly into the island's natural environment. They are typically surrounded by tropical gardens, palm trees, and other native plants, providing a sense of privacy and tranquility. In terms of location, expat homes can be found all over Long Island, from the bustling settlements to the more secluded areas. Some are located close to the island's amenities and attractions, while others are tucked away in more remote, peaceful locations. Regardless of where they are situated, these homes offer a unique blend of comfort, luxury, and natural beauty, making them ideal for those looking to embrace the island lifestyle," said one person in Long Island.
What is the average cost of housing in Long Island?
If you are thinking about moving to Long Island, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in Long Island can vary greatly depending on the location and size of the property. However, it is generally considered to be quite high, with many homes and properties costing several hundred thousand dollars. Luxury properties and beachfront homes can cost well into the millions. It's important to note that these prices can fluctuate based on the real estate market and other economic factors," said one expat in Long Island.
Should I buy or rent a home in Long Island?
If you have not spent a lot of time in Long 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 Long Island depends on several factors. If you plan on staying for a long period, buying might be a good investment. Owning a home allows you to build equity and could provide a return on investment if property values increase. It also gives you stability and the freedom to customize your home as you wish. On the other hand, renting might be a better option if you're not planning to stay long-term or if you prefer flexibility. Renting doesn't require a large upfront investment and it's generally easier to move from a rental than it is to sell a home. It also saves you from the responsibilities and costs of home maintenance. Consider your financial situation, lifestyle, and future plans before making a decision. It's also advisable to consult with a real estate professional or financial advisor to help guide your decision," said one person in Long Island.
About the Author
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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