22 Bedroom Apartment for Sale in Nassau, The Bahamas
Available on request
6 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The reason to consider it.
This property is ideally located in the medical and insurance districts of Nassau, Bahamas, specifically on 3rd Terrace East in the Centreville Subdivision. A rare opportunity to invest in a prime location with such properties being in scarce supply and in high demand. The apartments are comprised of two, (2) story buildings containing a total of 14 units on lots 3 and 4 of block 10. They are situate on lot 3, and lot 4 is vacant, which allows for expansion of additional units or commercial activity in the form of professional offices or a medical facility. The preference is to sell both lots as a package but may be sold individually. The complex is being sold “as is”. All units are fully furnished. Each lot approximates 23,100 sq ft (1/2 an acre or 2,146 m^2) or 46,200 sq ft (4,292 m^2) combined or 1.1 acres of land.
Last confirmed
- Type
- Apartment
- Land
- 46,199 ft²
- Year built
- Available on request
What this listing includes
- Furnished
- On-site security
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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