Caribbean MLSReal Estate

7 Bedroom Apartment for Sale in Nassau, The Bahamas

Available on request

The brief

The reason to consider it.

Located in the highly sought-after community of Golden Gates #1, this versatile income-generating property presents an excellent opportunity for investors or homeowners seeking supplemental rental revenue. Golden Gates #1 is a fully developed, centrally located neighborhood known for its affordability and strong rental demand. The area is surrounded by numerous conveniences, including schools, food stores, restaurants and a wide range of businesses, making it an attractive location for tenants and families alike. Its central location also provides easy access to major roadways and allows for quick travel to surrounding, commercial hubs and beaches. The residence has been thoughtfully divided into four self-contained apartment units, maximizing its income-producing potential. Whether you’re an investor seeking steady rental returns or a homeowner looking to live in one unit while generating passive income from the others, this property offers flexibility and strong earning capacity. With its prime central location, you can own in Nassau’s most accessible and populated communities.

Last confirmed

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

What this listing includes

  • Kitchen
  • Parking

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