Bahamas Property For Sale
If you’re interested in buying Bahamas property, you’ll want to speak with a real estate agent. In the Harbour Island area, there are several real estate offices, including Coldwell Banker Lightbourn Realty, located on Crown & Dunmore Sts. This office specializes in Island properties, including Bahamas condos.
The Bahamas is an incredible investment opportunity. The country has an investor-friendly tax structure and a mature real estate market. The transaction process is secure and transparent. When buying a property, the buyer’s attorney will verify the validity of the title to the property. Any missing abstracts or documents will reduce the property’s marketability. The vendor must also be certain that the property’s history is accurate.
Eleuthera is one of the most exclusive islands in the Bahamas. Its white sand beaches and rolling countryside have attracted the rich and famous. As a result, real estate prices in Harbour Island and the surrounding area have risen dramatically. If you’d like to purchase property in the Bahamas, contact Lightbourn Realty, which has offices on both mainland Eleuthera and the satellite cays.
For those who have an eye for luxury and beauty, Harbour Island is a great place to purchase property. harbour island bahamas real estate It’s an inviting place to live and attracts affluent buyers from all over the world. This idyllic destination is known for warm weather, hospitable people, festive traditions, and a laid-back lifestyle. The Bahamas are made up of two islands, Harbour Island and Eleuthera. Both islands offer real estate for sale, including single family homes, condos, and vacant land.
The Bahamas Property Fund is managed by Larry Roberts, a veteran of the real estate industry for more than 50 years. He is a licensed broker and a past president of The Bahamas Real Estate Association. He has a diverse background in luxury real estate and has held numerous executive positions in the Bahamas and the United States.
The Bahamas property market has been hit by the outbreak of the coronavirus. According to the Engel & Volkers 2019 Real Estate Market Report, residential property sales in the Bahamas were down nearly 20% in 2019. The government of The Bahamas closed its international borders in March 2020 due to concerns over the spread of the virus. Tourism figures have also fallen significantly since the outbreak. Air and sea travel fell by 28% and 10.5% respectively. The figures are expected to drop further in Q2 2020.
If you’re looking for luxury Bahamas property, you might want to consider Grand Bahama. With a wide range of resorts and other amenities, Grand Bahama property is among the most opulent. The capital city of Nassau is situated on the 21-mile-long New Providence island. It is linked to neighboring Paradise Island via a bridge.
The transactional costs involved in buying Bahamas property are typically around 15 percent of the net price of the property. These costs include legal fees, recording fees, and government stamp duty. In addition, the buyer has to pay a commission to a real estate agent.