Caribbean MLSReal Estate

1-bedroom apartment in Grand Bahama, turnkey unit

Available on request

The brief

The reason to consider it.

This airy one bedroom apartment is being sold as a full turn key unit which has been recently updated, including new plumbing and electrical, brand new furnishings and full size appliances, installed hurricane shutters and a redesigned kitchen. Perfect for a first time buyer or someone looking for passive income. Sign on the dotted line and just bring your clothes to move in.

There are laundry facilities on each floor of the building and a garbage shoot. This unit is only a 7 minute drive to the beach and less than ten minutes away from the city center, hospitals and local schools. This makes it a great investment as there are no restrictions on Airbnb rentals. Kid and pet friendly.

Type
Apartment
Interior
Available on request
Land
Available on request
Year built
Available on request

What this listing includes

  • Air conditioning
  • Furnished

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

Read what people say, based on 14 sources

Cost of entry

The asking price is not what it costs.

What completing costs

US dollars

Who bears the transfer cost is market practice, not law