4 bedroom Apartment for sale — OATES LANE in Grand Bahama, The Bahamas
Available on request
40 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The reason to consider it.
Income-producing property in a great location! This centrally located 4-plex in downtown Freeport is minutes from the beach, grocery store, and entertainment — the perfect blend of convenience. The property features: 3 x 1-Bed / 1-Bath Units ($600/mo each) and 1 x 2-Bed / 1-Bath Unit ($650/mo). Current Rental Income: $1,250/mo (2 of 1-bed units + 2-bed unit rented). Full Occupancy Potential: $2,450/mo. Each unit includes: Screened front entry, open-concept layout, private backyard. Shared on-site laundry facility. Investment Highlights: Strong rental history & tenant appeal. One unit vacant — ready to lease or owner-occupy. Excellent location near beach, shops, and downtown. Turnkey opportunity with passive income potential.
Last confirmed
- Type
- Apartment
- Land
- 16,598 ft²
- Year built
- Available on request
What this listing includes
- Kitchen
- Laundry
- Parking
- On-site security
- Beach access
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.
More listings on the same island. Availability is confirmed when you enquire.
