House Prices in the Bahamas
In this article, Foreignconnect.net tries to answer the question by publishing Houses Prices in the Bahamas
Below are Houses Prices in the Bahamas
Ansell’s agency, the average sale price across the Bahamas in 2020 was $359,079, with 3,179 homes listed for sale. In the first six months of 2021, the average price was up to $628,887, with 2,244 homes listed, a spike that reflected the surge of pent-up demand after transactions lagged for so long.
Can a foreigner buy a house in the Bahamas?
Is it possible for a non-Bahamian to purchase property in The Bahamas? Yes. Overseas Investors may acquire residential properties in The Bahamas of up to five acres without prior Government approval. Such acquisitions are required to be registered in accordance with the International Persons Landholding Act.
Can I buy a house in the Bahamas?
Buying, Owning, Or Selling Property In The Bahamas
There are no restrictions on foreigners buying property in the Bahamas. Property purchasers are eligible for an annual Home Owners Resident Card, and those buying a property valued at $500,000 and above are given priority in permanent residence applications.
Is it expensive to buy a house in the Bahamas?
Is real estate expensive in The Bahamas? It depends on where you look. Some Bahamian waterfront properties can range in the tens of millions, while more modest apartments in neighborhoods less popular among tourists can be as low as $100,000.