1 Bedroom Apartment for Sale - ISLAND BAY CONDOMINIUMS, Grand Bahama
Available on request
23 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The reason to consider it.
113 Island Bay is a ground-floor corner unit offering 1 bedroom, direct water views, and a fully equipped interior. The sparkling blue waterway creates a beautiful backdrop from the living room, giving the unit a bright and relaxing waterfront feel. The condo features a spacious kitchen, full-size washer and dryer, and an additional seating area that can easily be used as a home office. Located in the gated Island Bay community in South Bahamia, residents enjoy access to a swimming pool. This unit is already income-producing with a great tenant in place, making it an attractive option for investors or buyers seeking a low-maintenance waterfront property. Monthly HOA fees are $220.
Last confirmed
- Type
- Apartment
- Land
- 137,509 ft²
- Year built
- Available on request
What this listing includes
- Pool
- Gated community
- Ocean view
- Furnished
- Kitchen
- Laundry
- Home office
What people say about Bahamas
Sources agree that foreigners can own Bahamian property outright and that an ordinary home purchase needs a registration filing through a Bahamian lawyer, not a discretionary permit.
- Positive Foreign buyers mostly register rather than seek a permit; permit applies to large or commercial land
- Mixed Closing costs are dominated by a 10% transfer VAT for foreign buyers, usually split with the seller, plus legal fees
- Mixed Annual property tax is being reshaped in 2026 (new foreign owner-occupied category), and Bahamian realtors dispute fairness
- Concern Vacant land owned by foreigners carries a notably heavier tax until built on
The asking price is not what it costs.
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