Caribbean MLSReal Estate

Four Unit Apartment Complex In Boatswain Hill Subdivisi

Available on request

The brief

The reason to consider it.

Wonderful income property for sale! This Western Four Unit Apartment Complex comprises four - 2 bed, 1 bath 922 sq ft units. Apartments are average size and provide adequate size rooms for you and your family. Units include an entry porch, open living and dining rooms, kitchen, linen closet, burglar bars, ceiling fans, and tile flooring throughout. The property provides on-site parking, landscaped grounds, and a shared laundry room. A great location, near Western beaches, restaurants, and amenities. Boatswain Hill is located off the popular Carmichael Road area near the Coral Harbour Roundabout.

Year built
2015
Type
Apartment
Land
3,692 ft²
Use
Mixed use
Lettable area
3,692 ft²

What this listing includes

  • Parking
  • Garden
  • 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

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