RELO® Home Search is your direct link to real estate experts, local information, and property listings from Leading Real Estate Companies of the World® members.
Refine your search by selecting a city from the list below or by clicking an area on the map. You can scroll through the listing previews below to find the homes that interest you. They are sorted by price from low to high. You can find out more about a property by clicking on its image.
The Bahamas enjoys an attractive tax-free status. There are no income, capital gains or inheritance taxes. There are other forms of taxation by way of customs duties on imported goods as well as a transfer tax on the conveyance of real estate.
A non-Bahamian citizen may acquire property in the Bahamas without restriction or prior approvals as long as the property being acquired does not exceed 2-acres in size. The purchaser need only register the acquisition with the Secretary to the Investments Board and with the Central Bank of The Bahamas. If the size of the property exceeds 2 acres or if the property being acquired is not for use as a residence and/or will be used for commercial purposes the purchaser must apply to the Secretary to the Foreign Investments Board for approval to acquire the property.
Real Estate Practices
The real estate profession in The Bahamas is regulated by The Bahamas Real Estate Association (BREA). All persons who wish to work in any field of the real estate profession such as sales, leasing, appraising, managing or developing of real property must obtain a license from BREA. Only Bahamian citizens and permanent residents of The Bahamas with the right to work are eligible to be licensed.
The rates of commission on the sale of real estate by a licensed agent are set by BREA. The rate of commission on the sale of unimproved property is 10% and the rate on improved property is 6%.
All properties listed for sale by licensed members of BREA are listed as a Gross price. A Gross price indicates that the Seller is responsible for the following fees: payment of the agents commission, if an agent is involved in the sale, the Sellers attorneys fee and 50% of the Government Stamp Tax. The Stamp Tax is a graduated tax based on the sales price and varies from 2% - 10% depending on the value. The sale of property over $250,000 is charged at the rate of 10%. The Purchaser is responsible for the payment of his/her attorney’s fees as well as 50% of the Government Stamp Tax.
The Bahamas has a Multiple Listing Service, The Bahamas MLS. Only those properties that are listed for sale or lease exclusively with a member of the Bahamas MLS may be posted on the MLS. Property owners are encouraged to list their properties for sale or lease with members of the MLS as it ensures that the information on the property will be disseminated to other members and receives the widest possible exposure.
Mortgage facilities are available in the local market for non-Bahamian buyers. These facilities are available in US Dollars rather than the local currency. Rates are typically 2 – 2-½ % above LIBOR and down payment requirements typically range from 60% - 70%.
There are various factors that can delay closing or settlement. One of these factors is whether or not the purchaser is required to apply to the Investments Board for approval to purchase as mentioned previously. The purchasers’ attorney handles this procedure and the entire process typically takes between 60 - 90 days.
Located 185 miles East Southeast of Miami, the island of New Providence is home to more than half of the nation’s residents. Occasionally visitor... Read more
Occasionally visitors to The Islands of the Bahamas like to take a day off from the beach and explore our Islands. With so many activities availabl... Read more
The Commonwealth of The Bahamas comprises a total of 700 islands covering an area of approximately 100,000 square miles extending from 50 miles of... Read more
The Islands of the Bahamas are home to over 305,000 people. Some of the benefits of living in the Bahamas are the tropical paradise setting an... Read more
The Islands of the Bahamas are comprised of 2,000 cays and 700 islands, located in the Atlantic Ocean, southeast of the U.S. State of Florida an... Read more
The Abaco Islands, located in the northern Bahamas archipelago, are just 160 miles east of Florida. With protected turquoise waters and dozens o... Read more
Both Eleuthera and Harbour Island are noted for miles of powder pink and white sand beaches and quaint colonial style villages. The islands wer... Read more
Lying just 50 miles off of the east coast of Florida the Bimini Islands are the closest of The Islands Of The Bahamas to the US mainland makin... Read more
The Islands of the Exuma's are located in the central Bahamas yet remain mostly undisturbed. These Islands are a collection of some 365 small cay... Read more
The following company is available to assist you in searching for property listings in Bahamas
