Caribbean MLSReal Estate

3-bedroom apartment in Galleon Bay, Palm Cay

Available on request

The brief

The reason to consider it.

Newly constructed three-bedroom, two-bathroom apartment in Galleon Bay, Palm Cay. Unit 24 is on the second level and is accessed by stairs. The master bedroom and covered patio have partial water views of the marina. The unit is offered furnished.

The sleeping configuration is a king in the master and two queens in the other bedrooms; the queen bedrooms share a bathroom. The kitchen has a breakfast bar seating three and two supporting pantries. Modern appliances include a high-efficiency washer and dryer, refrigerator and dishwasher; ceiling fans and LED lighting are installed.

Automatic backup generator is connected to the unit. On-site resident facilities include communal pools and a dedicated outdoor gym. Other community amenities include a spa and beach access, a putting green and children’s playground, restaurant and Dockside cafe, and a marina with multiple sailing and charter operators. Use of the indoor gym and additional services may require membership or fees. No pets or young children allowed.

Type
Apartment
Land
Available on request
Year built
Available on request

What this listing includes

  • Backup generator
  • Fitness centre
  • Pool
  • Spa
  • Beach access
  • Marina
  • Restaurant or bar
  • 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