Caribbean MLSReal Estate

5 Bedroom Residence for Sale in Nassau, The Bahamas

Available on request

The brief

The reason to consider it.

Located in the quiet community of Garden Hills, the main house features 3 spacious bedrooms and 2 full bathrooms, ideal for families seeking a cozy and functional living space. At the rear of the property is a separate 2-bedroom efficiency unit — perfect for generating rental income, hosting guests, or accommodating extended family. This bonus space offers privacy and flexibility while adding value to the property. The lot is fully enclosed with ample yard space, ideal for gardening, outdoor gatherings, or future expansion. Garden Hills is centrally located and just minutes away from schools, shopping centers, public transportation, and other essential amenities.

Last confirmed

Type
Villa
Land
5,995 ft²
Year built
Available on request

What this listing includes

  • Garden
  • Parking
  • On-site security

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