Caribbean MLSReal Estate

5 bedroom Residence for sale — COMMONWEALTH ROAD BLAIR in Nassau / New Providence, The Bahamas

Available on request

The brief

The reason to consider it.

Situated in the coveted Blair Estates on Commonwealth Road, this elegantly furnished residence offers three distinct living spaces, rented together to create an exceptional opportunity for multigenerational living, entertaining guests. Main Residence: A beautifully appointed 3-bedroom, 2-bathroom home featuring expansive living and dining areas, a fully equipped gourmet kitchen, and the convenience of an in-house washer and dryer. Charming Cottage: A private 1-bedroom, 1-bathroom retreat complete with a well-appointed kitchen and its own entrance. Pool House Studio: A stylish 1-bedroom, 1-bathroom suite with a dedicated seating area, ideal for relaxing poolside. With its prime location, elegant finishes, and potential for both luxurious living and steady rental income, this residence offers the perfect balance of comfort, privacy, and investment value in one of Nassau’s most desirable communities.

Last confirmed

Type
Villa
Land
13,832 ft²
Year built
Available on request

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