8 Bedroom Apartment for sale - Canaan Lane, Nassau, The Bahamas
Available on request
7 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The reason to consider it.
2 fully rented 2 story multifamily apartment buildings / complex represented by 8 apartment units: 6 – 2 beds 1 bath, 2 – 1 bed 1 bath. Rents vary. Tenants have resided long term. Rental income generates a return on investment of 8.7% annually. The complex sits on a 6,090 sq ft lot in Canaan Lane just off of Shirley St. Canaan Lane intersects Shirley St on the corner where Nassau Motors displays some of its vehicles for sale.
Last confirmed
- Type
- Apartment
- Land
- 6,082 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
The asking price is not what it costs.
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