Condos and Apartments for Sale in the Bahamas

• Management and fees. Monthly fees cover insurance, security and maintenance; ask for audited accounts.
• Rental programme. Resorts often offer rental pools with fee splits.
• Hurricane insurance. The building's master policy and your contents cover.
• Reserves. Check the sinking fund and planned repairs.
• Title. Confirm strata or condo titling with an attorney.
• Resale. Waterfront units sell better than those inland.

The Bahamas allows foreign ownership of freehold property. Stamp duty, legal fees and registration add to the price, and purchases may need Central Bank registration. Our Bahamas buying guide outlines the steps.

Many buyers treat a condo as a part-time home that earns rent for the rest of the year. Resort complexes can place your unit in a rental pool, which handles bookings and housekeeping in exchange for a share of income. Independent short-term letting is possible too, but you will need to check licensing and tax obligations. Electricity and air conditioning are expensive in the islands, so ask for twelve months of utility bills before you budget. Monthly association fees, insurance and property tax should all be included in your yield calculation, not just the headline rent.

Gross yields quoted in brochures often ignore vacancy during the summer and hurricane season. Treat them cautiously, and compare the claim with the building's actual occupancy history.

Typical buyers are North American winter residents, second-home owners from the UK and Europe, and local professionals in Nassau. First-time overseas buyers often prefer condos over houses because the association handles roofs, grounds and storm shutters.