7 Bedroom Apartment for Sale at 54 RICHMOND AVENUE, Grand Bahama, The Bahamas
Available on request
13 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The brief
The reason to consider it.
Prime Investment Opportunity! This spacious 6plex comprises 5,229 sq. ft. and is located in a quiet neighborhood, ideal for attracting tenants seeking peace and privacy. With some TLC, it offers incredible potential as an income-producing property.
Last confirmed
- Type
- Apartment
- Land
- 26,641 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
Cost of entry
The asking price is not what it costs.
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