Our agents are always at work showing off the best Nassau and Paradise Island homes for sale. Whether they come from the U.S., an EU country, or elsewhere, most buyers wish to purchase a conventional standalone home. We are happy to assist them. However, that is not your only option!
Every part of The Bahamas is beautiful, but not everyone has the time to visit every island in the country. You'll want to make the most of every minute if you're on a tight schedule. To help you do this, we've created a list of must-see islands while visiting the Bahamas islands, including our picks for the top attraction.
The playbook for selling high-end luxury Bahamas real estate—or any real estate for that matter—is evolving with time. Just a few years ago, all you needed to sell a luxury home in the Bahamas Islands was proximity to the beach and astronomical square footage. But the demographics of buyers have changed over the years, from affluent retirees to young tech millionaires and millennials looking for a remote working haven.
If you're dreaming of owning a second home in The Bahamas, our agents are always here to advise you. Whether you're focused on the prospect of Nassau and Paradise Island homes for sale, we'll help you find a home that exceeds your expectations.
It's no surprise when foreign buyers fall in love with the beauty of the islands of The Bahamas and want to make our unforgettable sights a permanent part of their lifestyle. Before long, the question arises: Is it better to purchase an existing home or purchase land and build new construction?
Real estate transactions are almost always about the bottom line.
Think of staging as an investment of time that helps maximize the return on the sale of the property. Staging enables you to showcase your home's best assets and impress buyers so you can get the best possible deal on the sale. No matter why you're selling, whether you're looking to downsize or retire to one of our Nassau homes for sale, staging is one of the most lucrative undertakings you can take on.
Still, many sellers make the mistake of believing that staging is actually redecorating and in many other instances, sellers forgo the process altogether. It's really a form of visual merchandising that uses the principles of interior design to make your home look significantly better in photos and evoke a mood that appeals to buyers.
Whether you prefer Nassau homes for sale or Paradise Island homes for sale, buying a new home in The Bahamas is one of the best decisions you can make. When you select the right home with backing from the best Bahamas real estate agents, you will change your lifestyle for the better. It's your own slice of paradise!
Our agents are experienced and can help navigate you through the nuances of buying island real estate. The idea of buying real estate in another country may appear intimidating, but rest assured, there are many similarities. If any differences do arise, an experienced local real estate agent can help you navigate them.
Dreaming of waking up to the soft sounds of sea waves? With a home in The Bahamas, this could be your daily reality. But which of the country's small communities is right for you? We've covered these five Bahamas neighborhoods, as well as three more areas to consider, and we wanted to highlight a few more to set your sights on.
Two of these four neighborhoods below hold some of our finest Nassau and Paradise Island homes for sale while the other two are world reknown gems in our Family Island. Keep reading to learn more about each community and why it's worthy of your consideration.
Life in The Bahamas is paradise no matter where you end up, but choosing a community that aligns with your needs will make your time here all the better. This tiny country is packed with different neighborhoods to suit any lifestyle. Continuing on from our previous coverage, here are three more Bahamian neighborhoods you might want to consider when browsing our Nassau and Paradise Island homes for sale.
During any week in the United States, thousands of homes get sold. But the story is a little bit different here in The Bahamas. While many people wish to relocate at any given time, the right Nassau and Paradise Island homes for sale aren't always available.
If you've decided to sell your property in The Bahamas, you have every reason to expect to get a good deal. However, Bahamas buyers are highly sophisticated and rarely make a snap decision on the first property they see. Our real estate agents can help keep you in the running.
One of the best ways to get to know a culture is to experience its cuisine. This is as true in The Bahamas as anywhere else. Whether visiting The Bahamas for the first time or thinking of making the islands your home, you simply must dine at some of the local restaurants. Here are a few of the top dining destinations our agents recommend.
Nassau, The Bahamas has plenty of open-air markets that are not only fun to visit but also sell a variety of interesting goods. From hand-woven items to fish that's offered for sale straight off the boat that's been used to catch it, you'll find plenty of tempting purchases at these markets.
Our agents suggest making a stop at the following open-air markets in Nassau.
If you have been contemplating life in The Bahamas, it may be time to start thinking about which part of the islands is right for you. Our agents know the area's top neighborhoods intimately, and each has its own unique attractions and atmosphere. Keep reading to find out which of The Bahamas' most popular neighborhoods is the best fit for your lifestyle and needs.
Relocating to The Bahamas can be a great adventure, and it's one our agents will be glad to help with. Having the right advisors on your side is an absolute must, so you can enjoy all the islands offer with plenty of peace of mind along the way. Our experience makes the difference for customers like you.
Many Nassau and Paradise Island homes for sale have lovely backyard gardens. If you purchase one of these homes, of course, you'll want to keep the garden looking fresh and healthy. You may even want to improve the landscaping and add more plants and features to the design. Gardening in The Bahamas does come with a few intricacies, but if you follow the tips below, you'll be off to a good start.
Have you ever realized that "stressed" is "desserts" spelled backward? When our agents need some balance in their lives, they head to these five amazing dessert spots around Nassau and Paradise Island homes for sale.
When it comes to natural beauty, Nassau and Paradise Island homes for sale are ahead of the rest. But our agents know a property needs more than charm to meet your expectations: Every now and then, you may want to renovate your home. And that can be more complex than in the United States.
The rules around who is allowed to perform contracting work are different than you might be used to. Bahamas contractors must be licensed in an area of specialization, such as residential or commercial construction, electrical work, or plumbing. Still, it is possible to be targeted by scams.
Visit The Bahamas, and you might just decide to become a lifelong resident. Nassau alone is home to so many fascinating historical sites, which shed light on the community's past and make for great places to visit in the present day. Some of these sites are even still in use today, serving as centers of public life in Nassau. Our agents have the details on six Nassau destinations where you can step into the past and learn more about local history.
Fort Fincastle – Bennet's Hill
One of three historic forts found near Nassau and Paradise Island homes for sale with stunning views of Nassau, Fort Fincastle was constructed in 1793 atop Bennet's Hill by Lord Dunmore, a British captain looking to protect the area from pirates. You can still see the many cannons that were never once fired. Guided tours are offered daily from 8 a.m. to 4 p.m.
There are so many things to love about The Bahamas that it should come as no surprise that Nassau and Paradise Island homes for sale have always been extremely popular. One thing that you can't escape is the lost list of tropical drinks available throughout the islands. To give you an idea of what to expect, we've put together six of our favorite places to grab a drink, enjoy a meal, and have fun.
The balmy shores and overgrown tropical foliage of The Bahamas' out islands are some of the most exquisite landscapes in the world. While their populations are low, the select few who live in these paradises wouldn't trade the experience for anything.
With long sandy beaches, lively communities, and a warm, tropical climate, The Bahamas has it all. Now all you have to do is pick the right house among Nassau and Paradise Island homes for sale and settle down. Moving to The Bahamas allows you to experience the natural beauty of the tropics and explore a whole new way of living. It's a perfect place to call home for nature enthusiasts and those looking to live a more laidback lifestyle.
The Bahamas is an excellent place to vacation, but if you're looking to slow down and enjoy life's little pleasures, you'll find this island chain has much more to offer. There's a large expatriate community in The Bahamas, from meandering travelers to the rich and famous.
It's no secret that when people visit The Bahamas, they're usually struck by how beautiful the islands really are. When clients look at Nassau and Paradise Island homes for sale, they're always impressed by the natural beauty. The sunrises and sunsets are particularly breathtaking, especially when you take the time to enjoy them at one of the following resorts.
Restaurants throughout The Bahamas offer more than just seafood. If you're looking for some authentic Caribbean cuisine, amazing dining experiences, and, of course, a wide menu selection, you won't have trouble finding an option around Nassau and Paradise Island. In fact, there are several within a short distance of these beautiful Nassau and Paradise Island homes for sale.
With so many great options, it can be hard to choose one, so here are some recommendations from our agents.
There are several places around the world that are often called a paradise, but few come close to The Bahamas. Its amazing chain of islands is filled with sandy beaches, beautiful water, delicious cuisine, and wonderful people. Of course, there are probably many things you don't know about The Bahamas, so our agents have put together some of their favorite tidbits.
Our agents have helped simplify the process of buying real estate in The Bahamas for thousands of people. Whether you choose Nassau and Paradise Island homes for sale or buy elsewhere on the islands, the process is very worthwhile.
And it is much easier than it may first seem!
It might surprise you to learn that real estate transactions in The Bahamas aren't that different from what you might be used to. Transactions take about three to six months to complete and require the assistance of a qualified real estate agent and local real estate attorney.
Want to know more about living in The Bahamas? Our agents are here to help.
In a previous post, we discussed how you can take advantage of unique government programs to relocate to The Bahamas. People from the United States and all over the world have already leveraged these welcoming laws to make their long-term – or permanent – move.
There's no secret about the many reasons to move to a tropical paradise like The Bahamas. Beautiful beaches and mild weather are only the beginning. The cost of living is attractive, and tax obligations are straightforward, especially compared to the United States.
Whether living on the islands or not, many homebuyers decide to rent their properties to help them with the carrying costs of ownership. The Bahamas benefits from a robust short-term vacation rental market. You'll find many different options sure to be suitable for your needs.
With the right real estate agent on your side, the process is easy and convenient.
Nassau and Paradise Island homes for sale are always in demand, but some property owners prefer to cater to international clientele desiring a short-term stay. Enthusiastic new visitors arrive every day – thanks to year-round warm weather, September has become the peak of the season.
Some of the best places to look for Bahamas short-term vacation rentals include:
The Bahamas has no restriction on foreign real property purchases, and some 80% of all buyers come from the United States. Generally, transactions are approved quickly and without issue, if the parcel is less than 5 acres.
Property acquisition costs can be significant. They include a transfer tax when property changes hands and legal fees pertaining to the transaction. The buyer's share of soft costs usually amounts to about 7.5% of the purchase price. This does not count the real estate agent's fee.
Bahamas residents don't pay taxes on income, inheritance, gifts, or capital gains. The principal form of tax revenue is Value Added Tax (VAT). That said, annual property taxes are assessed based on assessed value, just as in the United States.
Contact us to discover more about real estate in The Bahamas.
Our agents know that the beauty of the Bahamas is becoming attractive to more Americans who no longer need to worry about commuting to work. Working remotely saves the average person thousands of dollars each year to reinvest for a better life.
Many remote workers now have the opportunity to become fully location-independent. Freed from the shackles of an office, they can do whatever they do from a world away. It's no surprise that the blue skies and sun-drenched beaches of the Bahamas are getting more attention.
Nassau and Paradise Island homes for sale are getting a closer look. However, not everyone realizes that a home in the Caribbean really is attainable. They worry that they will not be able to buy property in the Caribbean or that it will be a very different process than they're used to.
The Bahamas is a beautiful country with a unique culture and a different lifestyle than one you may experience in the United States. It is not too far from the States, as a 45 minute flight from Miami will get you to the capital city Nassau. However, the pace of life is different in the Bahamas, and is unlike anywhere else in the world. There is a reason why millions travel there every year to get a break from their regular life. Purchasing a home and actually living in the Bahamas year-round can legitimately improve the quality of your life for many reasons.
The Bahamas is located in the sub-tropical climate zone, which means that it is warm and sunny all year. Each day in the Bahamas, a short-sleeved shirt and shorts is acceptable attire. The wet season lasts from May to October, and the dry season usually occurs during the November to April time frame. Winters can be quite brutal in other parts of the world, causing you to stay inside just to keep warm. There is no such thing as a cold, sad day in the Bahamas.
The perfect weather makes swimming, hiking, eating outdoors at restaurants, and a plethora of other activities possible every day. Staying active and getting outside are factors that can only improve your quality of life.
The world can be a stressful place; everyone is in a rush, deadlines have to be met, and responsibilities have to be taken care of immediately. This can wear down a person and decrease his or her quality of life. In the Bahamas, the pace of life is considerably slower than anywhere else. Bahamians and tourists alike love being in the Bahamas because it gives them a chance to step back, breathe, and move at the pace they want to move.
The lifestyle is less demanding than modern lifestyles in other countries. It is very natural to feel mentally relaxed in the Bahamas. The presence of many spas and resorts in the country also allow for physical decompression. A laid-back lifestyle with less stress and more time to chill is great for life quality.
The Bahamas is known for having very low taxes for its citizens. In fact, there is no income or corporate tax existent in the Bahamas, making it a fine place to seek employment. Capital gains and inheritance taxes are also not required by the Bahamian government. Taxes on goods and services are also relatively low compared to other countries like the United States.
There is an abundance of beaches, cays, and nature trails all over the Bahamian islands. This promotes an active lifestyle with plenty of exploring and adventures to be had. You can swim with stingrays, visit underground caves, stroll through amazing flower beds, and take long relaxing walks on the beach. The irresistible nature helps maintain peace of mind while also keeping you active and fit.
Whether you are just visiting or planning on moving to the Bahamas, the living arrangements in this nation are rather grand. There are many resorts and homes located near beaches and trails. They are very affordable but modern and stylish. You can find a very upscale home in the Bahamas with super-advanced appliances and amenities.
Morley Realty will find the right place for you in the Bahamas as soon as today. Living in a unique tropical environment offers undeniable mental and physical health benefits, and the Bahamas real estate market is booming. If you are seeking a stress-free, Bahamian lifestyle and want to know about the properties for sale in the Bahamas, contact Morley Realty today.
There is always an adventure to be had in the Bahamas. From white sand beaches to cool marketplaces to relaxing spas and resorts, there is something for everybody. The Bahamas has over 700 islands, each with beautiful, sparkling seas of blue and pristine weather. In addition to the beaches, there are a large number of marketplaces, restaurants, shops, and entertainment centers all over the Bahamas. It is nearly impossible to ever be bored in this tropical escape.
The Bahamas brings in millions of tourists every year. There are popular tourist attractions, and then there are must-see attractions that the locals flock to. Some of these venues may overlap because even Bahamians cannot get enough of the tropical paradise they dwell in. Below is a list of attractions that locals love.
Both tourists and locals love travelling to the Atlantis Resort, which is located on Paradise Island. There are a variety of activities that you can enjoy at this resort. If you are looking to relax and decompress, you can visit the spa. If you're looking for some thrills, you can check out the gigantic water park, which has some of the most impressive waterslides in the world. Along with those activities, you can browse boutique shops, eat at award-winning restaurants, and even swim with dolphins. This is a place that you absolutely cannot miss in the Bahamas.
All the locals know about the grand fish fry that goes down at Arawak Cay in the capital city of Nassau. There is a whole strip of road filled with vendors creating some of the finest fish dishes in the Caribbean. The hand-painted colorful shacks and stands offer tourists and locals alike some can't-miss Bahamian cuisine.
The Queen's Staircase, also referred to as the 66 steps by locals, is a legendary landmark of the Bahamas. This wonder of architecture was carved out of solid limestone rock between 1793 and 1794. These exotic stairs were named after Queen Victoria of Great Britain.
The staircase leads to another historically significant spot. Fort Fincastle is located at the top of Queen's Staircase. It is also made of limestone and was constructed at the same time as the staircase. The fort offers an extraordinary view of Nassau and Paradise Island.
The acclaimed Straw Market is located on Bay Street in the heart of downtown Nassau. Bay Street is famous for its unique shops that sell fashionable items and crafts. There are tourist shops at the market, but there are also shops that sell special Bahamian crafts that you cannot find anywhere else. From straw handbags to hand-carved wood, you can find anything you could ever want or need at the market. The experience is unmatched, as you are sure to meet some brilliant craft makers and memorable salesmen.
Parliament Square in Nassau is where the House of Parliament is located in the Bahamas. These are not your average government buildings: they are painted salmon pink to honor the vibrant and playful culture of the country. Loyalists from the United States constructed these buildings back in the early 1800s. This area is significant to locals because this is where the Bahamian Parliament meets to consider, debate, and change laws in the country. The Supreme Court and Senate buildings are in the Square, along with the House of Assembly.
As you can tell, living in the Bahamas is fairly ideal. The beautiful landscape, paired with new sights to discover every day, promotes an exciting and active lifestyle. If you have considered investing in a move to the Bahamas, you should speak with associates at Morley. There are many homes for sale in the Bahamas and Morley has all the tools and experience to turn your Bahamian dream into a reality.
The Bahamas is known for its tropical lifestyle, sunny beaches and unique culture. It is time to include "amazing properties" on that list as well. The Bahamas has a variety of properties that you can call your own. There are family homes, vacation homes, luxury properties, and even private islands that are available right now. The real estate market is truly booming down here, and it is critical that you act soon if you are seeking a move to the lush paradise of the the Bahamas.
Those searching for real estate in the Bahamas will need a little help to do so. A reliable real estate agent is a good asset to have if you are looking to make your Bahamas move fast and successful. It is important to have an organized, trustworthy real estate agent that will get you to right place at the right price. Check out the list below to find out how to separate a legitimate real estate agent and agency from the rest.
It is a good idea to talk with at least a couple real estate agents before making a decision. Each person and property is different, and the interview process can help narrow down which agent is perfect for you. You should evaluate the proposals that each agent has and determine which fits your lifestyle the best.
The interview process is beneficial because it gives you an idea of how communicative the agent is. It is important to notice what methods your agent uses to contact you, and how frequently they do so. You could also get a feel for their hours of availability during this interview. All of these factors play a role in how much you can trust your agent.
If you are looking for a move to the Bahamas, it is best that you have assistance from somebody that has sold homes there for a period of time. They should have a gauge on the Bahamian real estate processes and know where to find the best properties in town. Experienced agents will understand the trends of the market that unseasoned agents may overlook.
Real estate agents in the Bahamas have been very active recently. You should ask about the properties they have sold in the past year and how you can reach out to them. The houses they have listed in the past and the satisfaction level of past clients will showcase how effective and trustworthy they are as a real estate agent.
A trustworthy real estate agent stationed in the Bahamas should be licensed by the Bahamas Real Estate Association. Only licensed agents are allowed to practice real estate in the Bahamas. If you discover that a potential Bahamian real estate agent you have been considering is not licensed you should immediately move on. The Bahamas Real Estate Association gives licenses out to agents that have passed rigorous Bahamian real estate courses.
Once you have made a decision, it is time to trust that you have hired a reliable, punctual, and intelligent agent. You will know if you have chemistry with your agent. You will also know how qualified and successful they are in their duties. You should also feel comfortable with your agent. There will be many conversations with this person and it is paramount that they are both approachable and knowledgeable.
Morley employs only the most experienced and knowledgeable real estate agents in the Bahamas. They have served satisfied residents for three generations and understand how Bahamas real estate works. Come experience the Morley difference.
If you are considering living in the Bahamas, this post is for you. Composed of 30 inhabited islands and with nearly 400,000 residents, the Bahamas can be an absolute paradise for those looking for a slower-paced life with an emphasis on nature and the beauty of the outdoors. If this sounds like the haven you are seeking, consider the Bahamas for your next move.
While it would be wonderful to just pick up and move, unfortunately, that's not a realistic possibility for most people. Your job and monthly income is an important factor in deciding whether an international move is feasible and affordable, so let's examine some economic and financial data in the Bahamas to help you make an informed decision.
Jobs in the Bahamas vary in salary just as they do anywhere in the world. Occupation, experience, and location can also greatly impact the salary residents earn per year.
The average base salary in the Bahamas is $45,591.
Professionals with more than five years of experience tend to earn on average 36% more than those with five years or less of work experience.
More than half of Bahamian jobs are in tourism and financial services. These sectors help to develop and stimulate the economy most significantly.
Because of this, the demand for workers in these two industries is higher than in others, and wages can be better.
The standard workweek in the Bahamas is an eight-hour workday, five days a week.
When trying to determine if you can make a proper living while working in the Bahamas and keep your preferred lifestyle, these factors are important to consider in your calculations.
Housing in the Bahamas can be more expensive than average, depending on location and what type of housing you prefer.
Nassau is a popular city for affordable apartments and single-family homes and offers a taste of the exciting city life many ex-pats still crave when moving to an island.
Utilities are typically around 80% higher in the Bahamas than in other countries. Depending on your living situation and location, these may fluctuate as well.
Food does run more expensive than on the mainland because nearly everything has to be imported. Residents looking to save money on food can do so by shopping at local markets for fish, fresh fruit and vegetables, herbs, and more.
Most domestic goods and services are taxable at the standard rate of 12 percent in the Bahamas. This tax was introduced in 2015 as part of the efforts to reform the tax system here. VAT was implemented because most goods must be imported from other places, which can get expensive for the government.
You can find more information on the prices of the common goods in the Bahamas that we covered in this post.
While the cost of living in the Bahamas may be pricier than what you're used to, many other factors balance out the cost of living. Tax rates, for one, are a great way to save money in other areas and apply it to your lifestyle accordingly.
Be sure to visit Morley Realty as a valuable resource for all things real estate and life in the Bahamas. Our team has years of practical experience and knowledge in the various areas of the islands, and we can advise you on what will best suit you and the lifestyle you're looking for.
We can help with the coordination of financing, inspection setup, home insurance, and more. We are here for you every step of the way!
For some, island life may seem too far out of reach and is more of a lofty goal that has to wait until retirement, or at least the kids are shipped off to college. However, in reality, living on an island with kids is totally doable!
Thanks to high-speed internet, homeschooling capabilities, and the digital nomad nature of many adapting industries, living in the Bahamas and raising a family can be a reality in your life if you want it to be.
Raising a family doesn't have to be the cookie-cutter picture that many societies paint as the norm. We can all step out of our comfort zones and challenge ourselves to do things differently as we raise our children. It makes us better parents and helps us raise well-rounded children who are accepting of people from all walks of life.
There are many benefits children will gain while growing up in the Bahamas, and we've listed just a few of them here.
Living in the Bahamas will be a cultural education in itself for children. From locals who have grown up here, residents who have seen the islands change through the decades, and ex-pats who sold it all to start over here and build a life — there are truly people from all corners of the globe, all with a story to tell.
The islands are rich in historic culture, incredible foods, activities, and experiences that will shape your children and teach them about the world.
Many people relocate to the islands for the change of pace, casual lifestyle, and to readjust the time they spend indoors to a nature-filled daily routine. Families will get all of this in the Bahamas.
Many schools on the islands spend various classes outdoors studying marine life, the ocean, and weather patterns.
With a weather forecast rarely dipping below the 60s or above the high 90s, spending time outdoors is possible nearly all year long. You can exercise, share meals, study, and work while enjoying stunning views, interacting with nature, and discovering what island life is all about.
When considering a move to the Bahamas, whether you have children or plan to start a family, research the school systems and learn what is offered in the area you are considering.
The Bahamas offer many elite private schools on the islands. These schools are primarily located in New Providence and most are K through 12. If this is the route you want to take for your children, you have that option.
You can also look into homeschooling, which many families find fits better into their routines and schedule. Some families find that balancing work, deadlines, homework, meals, chores, all while getting kids to school in the morning can be difficult, so some parents opt to home-school their children so they can have a more hands-on approach and be actively involved in their child's education.
There is so much to learn and discover together on the islands, so this can be a beneficial decision for you as much as for your child.
If you are looking into real estate in the Bahamas and need a helping hand, don't hesitate to contact us at Morley. Our team of experts can assist you with finding the perfect place to put down roots with your family.
It can be overwhelming to shop for homes for sale in the Bahamas, so trusting one of our local agents who know the market will help you get the home that suits your family's needs and will keep you happy for years to come.
For those on the verge of retirement who are looking to settle down internationally, the Bahamas is a wonderful option. The islands boast white sandy beaches, sparkling blue water, welcoming residents, and enough outdoor activities to keep you entertained long-term.
Moving to the Bahamas can be quite an undertaking because there are a lot of moving parts to consider. Moving here is not just downsizing and moving to a smaller home or relocating to another city; an international move requires extensive planning, financial security, and help along the way.
But once you're here, all that planning is well worth it! You've worked hard your entire life and now is the time to kick up your feet, relax on the beach, and have a cocktail with your partner and loved ones. Here are five reasons why the Bahamas is ideal for retirement.
Real estate in the Bahamas is competitive in price: properties currently for sale on the islands are listed from anywhere in the range of $200,000 and upwards of $5,000,000.
Depending on your financial situation, investing in a home in the Bahamas means you can gain residency here. Ex-pats can obtain an annual residency permit for $100 that must be renewed every year if they've purchased property valued at over $250,000.
In order to obtain a Permanent Residency, international buyers must purchase a property valued at $750,000 before they can apply.
Just buying property in the Bahamas means you are on your way to becoming a resident and putting down roots in your new home.
It's very easy and efficient to travel from the Bahamas to the United States and onward. With international airports in New Providence, Grand Bahama, and Abaco, you can get almost anywhere you need to go stress-free. These airports offer direct flights to the US, Canada, and Europe. If you retire here but have family and friends in the US or other countries, traveling by plane to visit them will be a breeze.
The wide range of activities offered in the Bahamas often surprise ex-pats who retire here. You can enjoy water activities such as sailing, swimming, diving, snorkeling, fishing, kayaking, windsurfing, and kite surging.
On land, residents love to participate in tennis, golf, bicycling, and birdwatching. Whether you love the land or sea (or both!), there is truly something for everyone here; living in the Bahamas means you will never be bored, and you will discover some new hobbies that you love!
Retirees will be thrilled with the tax benefits they receive as residents of the Bahamas. These breaks include no income tax, capital gains tax, wealth tax, inheritance tax, sales tax, and corporate tax.
While properties for sale in the Bahamas may seem pricier than in the United States, the balance you gain from tax breaks is well worth it.
Regardless of where you live in the world, knowing your coverage when it comes to health care insurance is essential. We can't plan for everything; accidents do happen and issues come up when we don't expect them to.
There are private health care options available as well, and we recommend doing your research and making a plan before arriving on the island so you know what your coverage and options are.
If you are thinking about the Bahamas as a potential location to put down roots and enjoy your retirement, contact the experts at Morley. Our agents have decades of experience with buying and selling property in the Bahamas, and we can make your international move a smooth and enjoyable one.
It happens whenever you relocate somewhere you aren't entirely familiar with— the feelings of stress, fear, and panic, along with the "What are we thinking?!" moments. We're here to help avoid these scenarios, so we put together a list of the different and best (in our humble opinion!) areas to buy property in the Bahamas.
It's also important to determine what you are looking for when you begin house hunting. What are your hobbies? What do you need in terms of amenities within your home? Are you moving with your family, or a spouse, or solo? Do you prefer city life, or are you looking for something more laid back and casual?
Knowing the answers to these questions can help your agent determine which island is best for your needs and lifestyle.
New Providence is where 70% of the population lives, and where the country's capital, Nassau, is located.
If you're looking for a place where you can settle and also be in the middle of all the excitement that city life provides, Nassau is probably a great fit for you. From the city center to the glitzy nightlife, restaurants, and bars, Nassau offers the hustle and bustle of a busy city with lots of activity.
Because it's downtown center is a cruise port, most residents live on the outskirts of the urban center. There are some gorgeous home options in Western New Providence, and the Eastern coastal areas of New Providence which are worth exploring if you're looking to be out of the city center.
Because so many locals and ex-pats work and live here, you will find modernized buildings and infrastructure, great healthcare options, and premiere schooling options for children.
Nassau is a popular place to work and live.
Making up about 80% of the country's landmass, Out Islands or Family Islands are touted by locals as the place to get the 'true Bahamas experience.' Because so much of the Bahamas landmass is here, it's a great place for families to purchase property and settle down. There's plenty of room for kids to explore, families to grow, all with less tourist activity than on other islands.
Housing options vary between the three islands mentioned above, but most consist of beach houses, cottages, and even gated communities. If you are moving to the Bahamas with your family, or plan on starting one when you get here, Out Islands could be a great fit for your loved ones.
Mostly known for its outdoor sports and other activities, Grand Bahama Island is the perfect fit for someone who wants some of the city life experience, while also having the luxury of enjoying a less populated area.
This island is located the closest to Miami, FL. If you are looking for quick travel back and forth to the United States, this island may be your best bet.
Freeport is located on Grand Bahama Island and offers a unique environment to settle. It has both private island homes and gorgeous urban apartments. For those wanting some city bustle and some relaxed beach life, Freeport will successfully give you both.
When it comes to real estate shopping, even doing so in your hometown can be stressful. It's another added layer of stress to be looking somewhere you've never lived before.
Our team of agents are experts in not only finding beautiful Bahama houses for sale but aligning the homes we find with your wants and needs. Contact us today and we'll be happy to help you close the Bahama property sale you've only dreamt about. It's out there, and we will help you find it!
For international home buyers who are in the market for a piece of real estate in the Bahamas, there is a lot to consider before taking the plunge. If you're relocating for work, you'll have to ensure it's an affordable option for you and your family. We've broken down some of the major costs you will face upon moving here, and some other expenses that you'll encounter in your daily life.
Home prices in the Bahamas can vary drastically, depending on your individual or family needs. This includes square feet, number of bedrooms, location, amenities, and more. To give you perspective, we have homes listed for less than $200,000 and upwards of $5,000,000 on our site.
The islands are a melting pot of culture and people from all walks of life, and the real estate in the Bahamas reflects that. There truly is something for everyone; whether you want to rent a condo on the beach or purchase an island of your own — the option is yours!
On average, the monthly rent for a 900 square foot apartment or condominium in the Bahamas is $1697, but it could be higher depending on the location.
Apartments typically come furnished, which most ex-pats find to be very convenient as it alleviates the headache of coordinating shipping furniture and other belongings ahead of a move.
Electricity and other standard utilities average around 80% higher here than in the United States. For example, one month of utilities (electricity, water ) for two people in a 900 square foot apartment is around $355. Costs go higher when you include cable/internet, or you are using your air conditioning 24/7.
The tax breaks and advantages in the Bahamas can rectify the cost of living. There is no income tax, capital gains tax, or corporate taxes.
There are a few fees involved in purchasing a property here, which are all important to know when shopping for real estate in the Bahamas.
For more information on these fees and how they work when purchasing a home, visit our FAQ page.
Ex-pats can obtain an annual residency permit for $100 that must be renewed every year if they've purchased property valued at over $250,000. In order to obtain Permanent Residency, international buyers must purchase a property valued at $750,000, and then they can apply.
If you have a car at your current location, you can ship it to the Bahamas so it arrives once you're here. You can also buy a used one on the island, or have one imported (but you will pay duty on it).
Public transportation includes buses (or jitneys) and taxis. Many locals ride bikes.
Food costs in the Bahamas are comparable to in the United States. A few common items include:
While the cost of living may be generally higher, the real estate in the Bahamas is truly one of a kind. There aren't many places in the world that offer everything that our islands do. Bahamas real estate is a worthy investment to make, especially if your future goals include living here or vacationing here. We'd love to have you, regardless!
Calling all Bahamas homeowners! Whether you're thinking about selling your current home, or have plans down the line, this is a guide to help you throughout the selling process. Bahamas real estate can be a roller coaster, just like in any other country, and we find that the more informed our clients are, the more confident and optimistic they feel when it's time to sell.
Being well versed in the current market and real estate in the Bahamas, we want nothing more than for sellers to feel well-equipped for the process of selling their homes here. Listing a home and going through the entire process in any country can be stressful and overwhelming, and we hope this post will help to ease any stress you have about selling your home in the Bahamas.
The most important step you'll take in selling your home is selecting an agent. You'll need an agent with extensive market knowledge and practical experience, a network of connections and referrals, and up-to-date knowledge on pricing.
Without the valuable insight and knowledge you gain from having a seasoned agent representing you, your home could sit on the market for an extended period of time, or you could get offers much less than you're hoping for.
Agents offer a lot of value to sellers — They leverage an extended network of agents, colleagues, and residents to make sure their clients' property gets as many views and as much foot traffic as possible. They will also launch marketing campaigns for your home — including a digital listing, social media promotions, print ads, and more. All of these will factor in to ensure your home gets the proper exposure to find interested buyers.
It's simply not worth the risk to embark on the journey of selling in the Bahamas without an experienced, knowledgeable license BREA agent in your corner. Trust the experts, you won't regret it!
Knowing firsthand what features and amenities make your property desirable is the first step in making a successful sale in the Bahamas. These can include any updates you've made to the property that enhance the value, so be sure to mention these to your agent so they can make sure they're included on the listing. Living in the Bahamas is something buyers already know they want if they're shopping for a home, so make sure yours stands out!
It's also of vital importance that your home and surrounding property are looking their absolute best — from landscaping, fresh paint, a deep clean (inside and out) and staging are all ways to get your home to shine when listed online, and more importantly, when buyers come to see for themselves.
While your agent plays a role in this as well, it's important to be aware of the current market and how homes similar to yours are selling. Do your due diligence and research the current climate so you know how it may affect your sale.
Your real estate agent should provide you with a comparative market analysis, which will help when determining an appropriate price for your property, and give you detailed insight into what homes similar to yours are selling for.
As the islands continue to attract international buyers and investors to its idyllic shores, the demand for real estate in the Bahamas skyrockets. The search for a laidback lifestyle is in high demand for many people around the world. If you own a home in the Bahamas and are interested in selling, now is an ideal time to do so.
If you have questions or need advice on how to go about making your home buyer-ready, please reach out to us! Our multi-generations of experience and market knowledge can assist you with preparing your home, finding the right buyer, and closing at a price you're happy with.
If you're thinking about making an international move and the Bahamas is on your list, we highly encourage you to seriously consider this tropical paradise for your future home. From warm beaches to the gorgeous water and picturesque resorts, to the occasional celebrity sighting… the Bahamas has something for everyone.
With that said, if you are looking at properties for sale in the Bahamas, we highly recommend carefully researching an agent to help you with your search. Real estate in the Bahamas can be tricky, and you need someone in your corner who knows the lay of the land and can help you find the perfect abode for you and your family.
While moving here may seem like the easiest decision you'll ever make, we put together a list of positive and practical reasons why relocating here is worth the money.
The Bahamas Government maintains an investor-friendly outlook on real estate and welcomes international investors to buy property in the Bahamas in order to stimulate tourism and boost the local economy.
Because of this, Bahamas real estate is a smart place to invest. The opportunities here are plentiful — Whether you want to relocate and purchase a long-term home, buy an investment property and treat it as a vacation home, or create an AirBNB property; these investment options aren't as readily possible for many families living in other countries.
Maybe you (or your spouse) travel for work, and you need to be able to get back to the US easily. Maybe you have family or other responsibilities in the states, but still want to enjoy all that the Bahamas has to offer. The good news is that traveling from the Bahamas is quick and easy; we're located just off the coast of Florida.
If you're looking for a country where you can get impressive tax breaks, the Bahamas is a great option. There is virtually no income tax here. There are no taxes on capital gains, individual income, personal inheritances, or dividends.
Property taxes for owner-occupied residences are as follows:
Tax breaks can be a huge advantage for families, business owners, and investors. The tax advantages listed above are worth considering when you make your move!
If you're looking for a spot to put down roots for your family, and instill important values in your children like culture, curiosity, and the beauty of the great outdoors— look no further! The Bahamas has it all, from sandy beaches with plenty of water sports and activities, premiere private schools, and an ex-pat and local community that will make you feel right at home.
If your life is high-stress, chaotic, or you don't feel like you get to spend enough time with your family, a move to the Bahamas could change all of that. Local residents and ex-pats alike have adopted the laidback lifestyle, which can be a healthy, positive change for many people. If this is the reason you are considering relocating, you'll find exactly what you're looking for here.
If you are looking at homes for sale in the Bahamas, we understand it can be overwhelming to know where to begin. If you need guidance or advice on navigating the home buying process in the Bahamas, don't hesitate to reach out to us. We'd be more than happy to help you find the perfect home for you and your family.
One of the first choices people looking to purchase real estate are faced with is whether to invest in a townhouse or single-family property. So how do you arrive at the right decision? We've compiled a few ideas for you to consider when making the all-important decision.
You must first understand the difference between the two.
A single-family home is a detached or stand-alone home that does not share any common areas or walls with another property. Typically, this term refers to a single property. In some instances, the property may be located within a development that has a HOA (homeowners' association) that manages some or all of the community's common areas, however, a single-family home is always a stand-alone property. Investing in a single-family home will have some definite advantages. First and foremost, the buyer makes all the decisions concerning any upgrades, repairs, maintenance and remodeling. While a HOA can place restrictions on a townhouse owner and limit your tenant pool, as an owner of a single-family home you have the freedom and flexibility to screen and select potential tenants.
An example of a multi-family property is a townhouse development, as there are multiple "homes" on the property. You must be sure to consider the ramifications of owning a "home" that is not detached but is part of a group of development of other "homes". While you may be able to landscape around your townhouse, the property management and upkeep of the property is undertaken by the HOA. One of the main upsides of buying a townhouse is financial, in that the maintenance and upkeep costs are shared across all the townhouses and therefore are typically lower than a single-family property. Townhouses are also typically smaller in size, and the tenant pool is usually larger as they are looking to rent small to moderately sized units.
With any investment, you want long-term profitability through appreciation in value. A property's appreciation is the value added to the investment over time through a combination of your property improvements and with any luck, benefits from market changes.
When purchasing a property, it is vital to first consider several key factors. You need to satisfy your highest needs. Location, of course, matters a great deal. As the investor, you need to be aware of the state of the housing market and decide which kind of property will best suit your family's needs. Only a trusted professional can provide you this insight. Our team here at Morley is always ready and happy to assist.
When you're selling your home it can be tempting to try and go it alone. Maybe you don't want to work with a real estate agent to try and save some money, or you just think it won't make much of a difference. Although there are people who decide to go it alone with some degree of success, there is much to consider to guarantee the very best outcome for you and your family. The truth is there's a lot that goes into selling a house you may not have considered. Depending on your level of experience with buying and selling homes you may not know even the basics of how things work. Agents do more than just bring in potential buyers and show up to have documents signed. They know all the ins and outs of both buying and selling a house.
If you're trying to sell your home you really do need to consider all your options to make your sale a success and that includes using a real estate agent. The reasons you need an agent to sell your home are the same no matter where you are. Having a good agent to sell your home is invaluable. Here are some important things you should take into consideration when deciding whether to get a real estate agent to sell your home.
Real Estate Agents Have More Experience
Unless you're selling houses every day along with your normal day job, you won't have as much experience as an agent. Experience can make a huge difference in getting your house sold quickly or having to drop the price because it has remained on the market for an extended period. Real estate agents are trained to know how to navigate the market.
They've prepared for this, taken and passed exams, they have done this before. This experience is valuable and worth the costs involved. Your end goal is the sale of your house sold and in a timely manner, and not lose money in the process. The agent's goal is the same as yours, they just know how to do it faster and better. They are equipped with information on all aspects of the sale from regulatory law to the best place to look for buyers.
Real Estate Agents are Professional Negotiators
Selling your house can be emotional. It's somewhere you've lived your day-to-day life as a family or maybe even grown into as a family. If you've put a lot of work into it, you can have an extra attachment because you know the amount of sweat equity involved in that work.
An agent is removed from all of that. Their main goal is to get your house sold and, if negotiations are involved, without the emotional ties that can prevent the making of a good deal. They aren't going to make a deal without your approval but are better able to guide and advise objectively.
Real Estate Agents Understand Contracts
Closing paperwork can be complicated. A buyer may have an agent with them during the closing, but, of course, that agent is there only to look after the buyer's best interests. You will need someone on your side, too. Sometimes last-minute issues surface right as someone is about to sign on that dotted line. For someone that doesn't deal with closings often these can be dealbreaker situations. The agent will be well versed with the language and structure of contracts, disclosures, and the proper closing process, start to finish. They will know what needs to be disclosed and what to do if something comes up as paperwork is being signed.
Real Estate Agents Can Give You Pricing Advice
Much like negotiating, pricing your home can be hard to separate emotion from. You know how hard you worked to get your home ready for sale, or the work you've put in over your years of ownership. It's difficult to keep that out of your mind entirely while settling on a price to list your home. Agents can help with this, as they know the neighborhoods, they know the market, and they know comparable housing prices. All these things factor into making sure you're pricing your home effectively. This is an invaluable resource to have when trying to make a sale.
Selling your house is not as easy as you might initially think it will be. There are many reasons you'll want to have a real estate agent on your side. From negotiation to fielding interested buyers there is much to consider. Hiring an agent to assist with the sale of your home is likely to take a lot of stress off of your shoulders, and may very well be the best decision you make during the entire process.
Located on the eastern shores of New Providence, Palm Cay spans over 69 acres, including 1200 ft of white sand beaches. It is home to more than 300 exquisite and expertly-designed stand-alone homes and condos. A host of amenities cater to their community of "ocean-loving adventurers," as they proudly say, and it's one of the aspects we love most about this community. Here's a closer look at what you can expect to find at Palm Cay.
A boater's paradise, Palm Cay offers everything any boating enthusiast could want - including a full-service, deep water marina, and the best location for accessing Rose Island and the Exumas - only 28 miles away! The 194-slip marina is considered world-class and has a fuel dock, Starbucks cafe, and concierge service. The marina partnered with NavTours, who specialize in sailboat charters in some of the most beautiful destinations in the world, including our beautiful Bahamian islands. The Palm Cay marina is now home-base for the company's fleet of sailboat and catamaran charter boats.
Adding to the allure of this seaside community is the Pink Octopus Restaurant, the beachside Ink Bar and Palm Cay Club, which offers both an adult and family pool, as well as the Member's Beach Club. "Palm Cay's Members Beach Club recently underwent a $2 million transformation. This included the construction of a stunning beach bar, an opulent 80 ft. lap pool and a private section of luxury cabanas, as well as ample dining and entertainment space. Surrounded by white powder beaches and crystal-clear ocean, the members beach club is an embodiment of serenity and sophistication," states the developer.
A Dermalogica Spa is one of the newest additions to the seemingly endless list of amenities. Health and fitness enthusiasts enjoy a full complement of health and fitness options, with the gymnasium, tennis courts, water sports, and children's playground.
With an array of awards and achievements, including "Developer of the Year," by the Bahamian Contractor Association, and "#1 Marina" by FirstChoice Marina, over the years, Palm Cay continues to expand. The One Marina project is now complete, and development continues, with new opportunities coming soon.
Whether you're looking for a vibrant neighborhood to relocate your family to, or you're looking to purchase an investment property that you can put on the vacation rental market, this is the place. Bahamian tourism is on the rise again - a welcome update for us all. As we've seen already for the month of March, our tourism numbers exceeded most expectations, and it's true when they say our islands are a hot destination(but we already knew that). There continues to be growing interest in VRBO and Airbnb properties these days, and the Palm Cay community is thriving, making this both a great place you can escape from it all AND somewhere you can look to for strong investment opportunities.
But don't take our word for it! Discover for yourself the excitement that lies along the shores of this neighborhood. Check out our video tour with Melissa here, and explore this Anchorage condo, now available for rent!
If you're interested in building in this great community, here's a property that's perfectly placed close to the community tennis courts and playground!