Caribbean MLSReal Estate

2 Bedroom Apartment for Sale - 14 Collins Avenue, Nassau

Available on request

The brief

The reason to consider it.

Move-in ready and offered fully furnished, this charming two-storey residence in Second Terrace, Nassau, Bahamas is an ideal turnkey opportunity for first-time buyers or investors. The home features 2 bedrooms and 1.5 baths, with a bright open-concept living/dining area and tile flooring leading to a functional galley kitchen with ample cabinetry, generous counter space, double sink, and electric range. The main level also includes a convenient powder room and in-unit stacked washer & dryer. Upstairs offers two comfortable bedrooms with wood flooring and ceiling fans, plus a full bathroom with a tub & shower combination. Well maintained and ready for immediate occupancy.

Last confirmed

Type
Apartment
Land
1,001 ft²
Year built
Available on request

What this listing includes

  • Furnished
  • Kitchen
  • Laundry
  • Air conditioning

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