4 bedroom Apartment for sale — GR-119 | THE BALMORAL
Available on request
29 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The reason to consider it.
Located in the exclusive residential community of The Balmoral, situated on 43 scenic acres on Sandford Drive in the Prospect Ridge area, this property has many unique features. The Balmoral is one of the few developments that is fortunate enough to support many silk cotton trees, with their enormous limb-span and cotton-like seed formations. The Development is a 24 hour gated community with 24 hour roving security , which is augmented by additional security provided by the US Embassy for their numerous residents. The unit has been freshly painted throughout, and comes equipped with security bars which have been installed in accordance with the rigid standards of the US Embassy. The master bedroom is adjacent to a large walkout balcony overlooking the private rear yard, which has been recently freshened up with new sod and plantings. Another large deck walks out to the yard from the main living area. This unit would easily lend itself to live-in domestic help, or accommodation for a senior family member, as there is a main floor 4th bedroom with full ensuite.
Last confirmed
- Type
- Apartment
- Land
- Available on request
- Year built
- Available on request
What this listing includes
- On-site security
- Gated community
- Terrace
- Balcony
- Parking
- Air conditioning
- Furnished
- Kitchen
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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