Caribbean MLSReal Estate

The Reef on Paradise Island 1BR Condo

Available on request

The brief

The reason to consider it.

Discover an exclusive opportunity to own at The Reef, the only residential beachfront property at Atlantis, Paradise Island. Unit 19-909 offers breathtaking views of Paradise Island, combining tranquility with the vibrant energy of one of the world’s premier destinations.

This fully furnished, move-in ready residence features custom details, including crown molding, granite countertops, European kitchen cabinetry, top-of-the-line appliances, and plush wall-to-wall carpeting. Located in a luxury high-rise condo/hotel, The Reef provides a seamless blend of elegance and resort living.

Owners enjoy exclusive access to The Residences amenities, including a private gym, Starbucks café in the lobby, and a dedicated concierge team. Experience unparalleled luxury and convenience at this renowned resort.

Don’t miss the chance to own a piece of paradise at one of the most coveted addresses in the world!

Last confirmed

Year built
2007
Type
Condo
Land
Available on request

What this listing includes

  • Fitness centre
  • Concierge
  • On-site security
  • Gated community
  • Elevator
  • Lobby
  • Air conditioning
  • Furnished

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