Caribbean MLSReal Estate

4 bedroom Apartment for sale — PINEWOOD SUBDIVISION

Available on request

The brief

The reason to consider it.

Discover the perfect blend of comfort and opportunity with this well-positioned property in the non-flood area of Pinewood Gardens. The main home features 2 bedrooms and 1 bathroom, along with a kitchen just off the open living and dining area, creating an inviting space for everyday living. One of the standout features of this property is the addition of two attached 1-bedroom units, ideal for generating consistent rental income. With a little TLC, these units can become a reliable source of revenue while you enjoy the privacy and comfort of the main home. Situated on an elevated lot, this property offers peace of mind and excellent long-term value. Whether you’re a first-time buyer, an investor, or someone looking to offset living expenses, this versatile home is a fantastic opportunity.

Last confirmed

Type
Apartment
Land
5,005 ft²
Year built
Available on request

What this listing includes

  • 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

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