CAREFREE COURT
Available on request
10 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The reason to consider it.
Centrally Located, Great Income Producing 10-Plex Excellent income-producing multi-family property available in centrally located Garden Hills. This well-maintained investment opportunity features two detached two-story apartment buildings, each offering five fully rented units, comprising four two-bedroom and six one-bedroom apartments, for a total of ten income-generating units. Originally built in 2006, the property was acquired by the current owners in 2016 as an unfinished shell and has since undergone a full-scale refurbishment, including complete electrical rewiring, full re-plumbing, and new roofs on both buildings. Each ground floor spans approximately 3,248 square feet and includes spacious living rooms, dining areas, kitchens, bathrooms, and bedrooms, while the second floor also offers generously sized units with functional layouts. The property has enjoyed consistently high occupancy over the past 5 years, producing a reliable and generous return on investment. This is a turnkey opportunity for any investor looking to expand their rental portfolio.
Last confirmed
- Year built
- 2006
- Type
- Apartment
- Land
- 7,998 ft²
What this listing includes
- Kitchen
- Laundry
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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