Caribbean MLSReal Estate

5 bedroom Apartment for sale — JOHNSON ROAD ESTATES in Nassau / New Providence, The Bahamas

Available on request

The brief

The reason to consider it.

Looking for a centrally located income property in Nassau? This turnkey triplex offers immediate rental income with existing tenants already in place, ideal for investors or first-time buyers entering the real estate market in the Bahamas.

The property features three well-designed units:

  • One 1-bedroom, 1.5-bath unit
  • Two 2-bedroom, 1-bath units

Each unit includes its own private carport and a well sized yard, adding value for tenants and long-term rental appeal. Conveniently located near Eastern Road and Prince Charles Drive, this property offers easy access to key areas of Nassau while being tucked away in a quiet residential neighborhood. Whether you’re looking to expand your investment portfolio or live in one unit while generating rental income, this property presents a smart opportunity. Owner-occupiers may also benefit from property tax exemptions, adding to its financial appeal. Opportunities like this; an income-producing triplex under $500K in Nassau are rare and in high demand.

Last confirmed

Land
8,999 ft²
Year built
Available on request
Property type
Available on request

What this listing includes

  • Parking
  • Garden
  • On-site security
  • Gated community
  • Air conditioning
  • Kitchen

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