How to Buy a Condo in the Bahamas 2026 | Step-by-Step Guide | Glenn Ferguson

Bahamas Condo Buyer Guide - Nassau, Paradise Island, Cable Beach 2026

How to Buy a Condo
in the Bahamas
Step by Step 2026

Eight steps from shortlist to registered deed. The 10% conveyance VAT - customarily split 50/50 with the seller - is the number to understand before you shortlist anything. An attorney is required in practice. Seller pays the agent commission, so buyer representation costs nothing. Remote purchase by power of attorney is available from any country. Glenn Ferguson +1-242-395-8495.

8-Step Verified Process 30-90 Day Closing 10% VAT (split 50/50) Attorney Required Remote Purchase Available EPR from $1M Seller Pays Commission

Start Your Bahamas Condo Search

Tell Glenn your budget, preferred location, and whether EPR residency or rental income is the priority. He responds with current MLS listings and a full cost breakdown.

Glenn Ferguson - Licensed Bahamas Real Estate Agent
+1-242-395-8495 - Nassau, New Providence, Bahamas

Aqualina Cable Beach Nassau Bahamas - luxury beachfront condos for sale

In short - how to buy a condo in the Bahamas

To buy a condo in the Bahamas as a foreigner, shortlist with a licensed BREA agent, engage a Bahamian attorney for the title search and Agreement for Sale, pay a 10% deposit into escrow, then close in about 30 to 90 days. Foreign buyers receive freehold title with the same rights as citizens. The 10% conveyance VAT is customarily split 50/50 with the seller, so buyer-side closing costs run roughly 8% to 9% of the price, and purchases at $1,000,000 or above can support EPR permanent residency.

The 8-step process

How to Buy a Bahamas Condo - Every Step Explained

This is the actual purchase process for a Bahamas condominium from initial research to registered deed. No step is optional. No step requires Nassau travel for remote buyers. For the broader eligibility picture across all property types, see how to buy property in the Bahamas as a foreigner.

1

Define your objective and select your island

Before any shortlist, determine whether the condo is for personal use only, short-term rental income, long-term rental income, EPR residency, or a combination. This determines which island and which development is correct - Nassau for liquidity and EPR, Cable Beach for direct Atlantic frontage, Paradise Island for resort adjacency, Palm Cay for marina and Exuma access. Glenn's first conversation with any buyer covers these three questions: what do you want the property to do, how often will you visit, and does EPR need to apply.

Glenn's input - free island and objective consultation
2

Shortlist condos with current MLS data

Glenn sends current Bahamas MLS listings at the confirmed budget, location, and bedroom count - with a personalised cost breakdown showing the conveyance VAT (10%, customarily split 50/50), your likely buyer-side share, legal fees, and total acquisition cost for each development considered. For investment buyers, the HOA documentation summary and rental programme terms are included before any viewing is arranged. This step is where the real buyer-side cost lands - and where most buyers recalibrate their budget. Glenn ensures this happens before any shortlist is confirmed, not after.

Glenn's input - current MLS data, cost breakdown, HOA summary
3

View the property

In-person viewing in Nassau, or for remote international buyers a video walk-through coordinated by Glenn. Video walk-throughs for Nassau and Paradise Island condos are standard practice for international buyers purchasing remotely. Many buyers at One Ocean, Reef Atlantis, and Palm Cay make offers based on video walk-throughs and MLS floor plans without a Nassau visit.

Flexible - in-person or remote video walk-through
4

Engage a licensed Bahamian attorney

A licensed Bahamian attorney is required in practice for all Bahamas condo purchases - there are no title companies, so the attorney runs the entire legal side. Glenn refers buyers to attorneys with direct experience of the specific development being purchased. The attorney: confirms the condominium title structure (that the unit has a registered title); reviews the HOA documentation for financial health, reserve fund, and rental restrictions; confirms the Investment Board requirement; and prepares the Agreement for Sale. Legal fees are about 2.5% to 3.5% of the purchase price (the Bahamas Bar Association suggested scale is 2.5% plus VAT for acting on one side), plus a further 10% VAT on the fee.

Attorney required in practice - Glenn refers based on development
5

Submit written offer and pay 10% deposit into escrow

Glenn submits the written offer to the seller or seller's agent on the buyer's behalf. On acceptance, a 10% deposit is wired by international bank transfer to the attorney's client account and held in escrow until closing. The Agreement for Sale, prepared by the attorney, confirms the agreed purchase price, deposit amount, completion date, the conveyance VAT split, and any conditions. The Bahamian dollar is pegged 1:1 to the USD - there is no currency exchange risk for USD buyers wiring the deposit.

Glenn submits offer - deposit wired to attorney escrow
6

Attorney completes due diligence

Your attorney conducts the title search through the Bahamas Registry of Records going back at least 30 years, confirms the unit has clean and marketable title, checks for any liens or encumbrances, reviews the HOA in detail (maintenance fee, reserve fund, rental policy, management contract), and confirms the correct Investment Board requirement for your intended use. For a condo bought to operate as a rental, an Investment Board permit (about $500) is generally obtained before closing at this stage. For personal use, post-closing registration (about $250) applies instead.

Attorney leads - Glenn coordinates timeline
7

Close - execute deed, pay VAT, register title

Your attorney executes the Deed of Conveyance (signed in person or using a notarised power of attorney for remote buyers), remits the conveyance VAT to the Department of Inland Revenue - with the VAT invoice required before the deed can be executed under the Conveyancing Amendment Act 2025 - and registers the title transfer at the Bahamas Registry of Records. The balance of the purchase price is wired by the buyer on closing day. The USD peg means the balance can be wired in USD without conversion. Timeline from accepted offer to closing: typically 30-90 days.

Attorney executes closing - deed registered with Registry of Records
8

Post-closing - Investment Board registration and EPR

After closing, your attorney registers the purchase with the Bahamas Investment Board - the standard post-closing filing for foreign buyers purchasing residential property for personal use (a fee of about $250). For purchases at $1M or above, Glenn can coordinate the EPR residency application to the Department of Immigration alongside the purchase. The EPR application draws on the same documentation as the purchase - title, conveyance VAT payment, and purchase agreement - so the processes can run in parallel. You now own a registered Bahamas condo with freehold title in your name.

Attorney handles Investment Board - Glenn coordinates EPR if applicable
Illustrative Buyer-Side Costs - $750,000 Nassau Condo (50/50 split)
Purchase price$750,000
Conveyance VAT - buyer share (50% of 10%)~$37,500
Legal fees (2.5-3.5% + 10% VAT on fees)$20,625 - $28,875
Title search and disbursements$2,000 - $3,500
Investment Board registration (personal use)~$250
BIA permit (if rental use)~$500
Buyer-side total (~8-9% of price)~$60K - $70K
Annual Costs After Closing
Income tax on rental proceedsNone
Capital gains tax at resaleNone
Inheritance / estate taxNone
RPT (non-owner-occupied)0.75% - 1.5%, no general cap
STR VAT on nightly rates (if renting)10%

The conveyance VAT - who actually pays it

The 10% conveyance VAT is the biggest single line in a condo purchase, but it is customarily split 50/50 between buyer and seller - so the buyer's typical share is about 5% of the price, roughly $37,500 on a $750K condo. The split is negotiable and set in the Agreement for Sale; in a net-to-vendor sale the buyer agrees to pay the full 10%. Glenn puts your real share in the very first cost breakdown - before any shortlist is confirmed.

"The step that surprises buyers most is not the attorney requirement - most people expect that. It is the conveyance VAT. On a $750,000 condo the full VAT is $75,000, but it is customarily split, so plan for roughly $37,500 as your share - or the full amount in a net-to-vendor deal. I tell every buyer this in the first five minutes. The buyers who price it in from the start are in a far better negotiating position than the ones who discover it after they have fallen for a specific unit."
Glenn Ferguson - Licensed Bahamas Real Estate Agent (BREA), Nassau Condo Specialist, Nassau, New Providence, Bahamas

Foreign buyer requirements

What Foreign Buyers Need to Know Before Buying a Bahamas Condo

The International Persons Landholding Act governs foreign condo ownership in the Bahamas. The requirements are straightforward, and full eligibility detail is in the foreign buyer guide.

Foreign nationals purchase Bahamas condos with freehold title - the same ownership rights as Bahamian citizens - including the right to sell, inherit, mortgage, and rent the property. There are no restrictions on the nationality of the buyer, no minimum price for foreign buyers, and no expiry on the title. The Bahamas is one of the most welcoming property markets in the Caribbean for international buyers specifically because freehold ownership rights are not restricted.

The most important distinction is the use of the condo. For personal residential use: no government approval is needed before closing - only a post-closing registration with the Bahamas Investment Board (about $250). For rental use (a condo bought to operate as a rental business): an Investment Board permit (about $500) is generally obtained before the transaction closes. Your attorney confirms which applies and manages the filing.

All foreign condo owners, regardless of purchase price, are eligible to apply for a Home Owners Resident Card after closing. This eases entry for the owner, spouse, and minor children. It is renewable annually and does not require a minimum number of days in the Bahamas.

For purchases at $1,000,000 or above (the EPR minimum effective January 1, 2025, raised from $750,000), the condo owner can apply for Economic Permanent Residency - indefinite right of residence with no income tax and no minimum-days requirement, spouses and dependent children included. The standard government fee is $20,000. Processing times are not officially published; independent advisers cite roughly 6 to 18 months, and a priority-review tier commonly cited at $1.5M and above should be confirmed with immigration counsel rather than treated as a guaranteed timeline. Glenn can coordinate the application alongside the purchase.

Intended use Requirement Timing Fee
Personal residential use Investment Board registration After closing ~$250
Short-term rental (Airbnb etc.) Investment Board permit Before closing ~$500
Long-term rental Investment Board permit Before closing ~$500
Commercial use Investment Board permit Before closing ~$500

Home Owners Card

Available to all non-Bahamian condo owners regardless of purchase price. Eases multiple entries for owner, spouse, and minor children. Renewable annually. No minimum days required.

EPR Residency

Available for purchases at $1M+. Indefinite right of residence. No income tax. No minimum days. Priority review commonly cited at $1.5M+ (confirm with counsel). Glenn coordinates with the purchase.

Freehold Title

Foreign condo buyers hold freehold title - the same ownership rights as Bahamian citizens. No expiry. No restrictions on resale to any buyer nationality. USD-pegged currency.

Attorney Required

A licensed Bahamian attorney handles every condo transaction. Title search, Agreement for Sale, Deed of Conveyance, conveyance VAT remittance, and Registry filing are all performed by the attorney.

Beachfront condos for sale in the Bahamas - Nassau and Paradise Island

Current listings

Nassau and Paradise Island Condos Available Now

Every development below is accessible with current MLS pricing from Glenn. Seller pays commission - buyer representation and cost breakdown at no additional charge.

Reef Atlantis

From ~$350,000

The only residential ownership within Atlantis on Paradise Island. 22 restaurants, 11 pools, 141-acre Aquaventure. Optional managed rental programme (Atlantis takes ~55% of gross). 90-day personal use cap for programme participants.

Full Reef Atlantis guide

One Ocean Paradise Island

2-bed from $875,000

Tallest residential building on Paradise Island, built 2009. Between Atlantis and Ocean Club Estates. No hotel rental pool - fully owner-controlled. 9-10 ft ceilings, Italian cabinetry.

Full One Ocean guide

Aqualina Cable Beach

From $2.65M

27-unit ultra-exclusive building on Cable Beach adjacent to Baha Mar. 3 and 4-bedroom units only. Wolf and Sub-Zero appliances, private elevator access. Optional rental programme, no blackout periods.

Full Aqualina guide

One Cable Beach Residences

Enquiry

74 exclusive residences on Cable Beach, 7 stories, adjacent to Baha Mar (~5 min walk). Custom German kitchens, European finishes. Optional rental programme - owner controls participation.

Full One Cable Beach guide

Palm Cay One Marina

2-bed from $800,000

Directly on the marina waterfront within Palm Cay - the Bahamas #1 rated marina (194 slips). Gateway to Exuma 28 miles away. Owner-controlled rental, no managed pool. 69-acre gated community, 1,200 ft private beach.

Full Palm Cay guide

Four Seasons Residences (Pre-Sale)

67 units - opening 2027

67 residences on Paradise Island, opening 2027. SB Architects, Champalimaud Design. 3,124-7,459 sq ft. Penthouse with private pool ~5,300 sq ft. 12th-century Augustinian cloister. Tom Weiskopf golf. Pre-sale access via Glenn.

Full Four Seasons guide

All pricing sourced from current Bahamas MLS data at time of research. Prices change as listings are added, reduced, and sold. Contact Glenn Ferguson at +1-242-395-8495 for live pricing on any specific unit or development. See the full Nassau condos guide for all available developments.


HOA and rental due diligence

The HOA Review - What Every Condo Buyer Must Check

HOA documentation determines whether your condo investment delivers the income you expect. Glenn obtains and reviews these documents before any offer is prepared.

The HOA (Homeowners Association) documentation review is the most important due diligence step that generic buying guides leave out. For investment buyers, these documents determine the actual net income position of the condo - not the gross rental rates advertised by the developer.

Monthly HOA maintenance fee - what does it cover and what does it not cover? In some Nassau condo developments, the maintenance fee covers building insurance, amenity maintenance, and security. In others, the fee is low but building insurance and repairs are billed separately. Glenn confirms the full cost structure before the shortlist is finalised.

Reserve fund position - a healthy HOA reserve fund indicates a well-managed building. A depleted reserve fund indicates deferred maintenance and potential special assessments. Glenn requests the most recent financial statements from the HOA before any offer on any Nassau condo.

Short-term rental policy - some Nassau condo buildings restrict STR to minimum 30-night stays or prohibit it entirely. Buildings with a managed rental programme (Reef Atlantis, some One Cable Beach units) have specific participation terms. Buildings without a rental programme (One Ocean, Palm Cay One Marina) allow owner-controlled renting on any platform. This policy is confirmed before any offer - not after.

The difference between a managed pool condo and an owner-controlled condo is material for investment buyers. At The Reef at Atlantis, the managed programme takes approximately 55% of gross rental revenue - leaving the owner approximately 40% after operational deductions. At Palm Cay One Marina or One Ocean, the owner retains 100% of rental income minus any independent property management fee they choose to engage.

HOA checklist - Glenn obtains all of these before any offer

Current monthly HOA maintenance fee and what it includes
Most recent HOA financial statements - reserve fund position
STR policy - whether short-term rental is permitted and minimum stay requirements
Rental programme terms and management agreement if a pool exists
Revenue split and personal use provisions for managed pool condos
Any pending special assessments or known major building repairs
Condominium title structure - that the specific unit has individual registered title
Building insurance policy coverage and any gap insurance requirements

Managed pool vs owner-controlled - the income difference

Managed pool condo (Reef Atlantis model): Atlantis takes approximately 55% of gross rental revenue. Owner receives approximately 40% after operational deductions. 90-day personal use cap for programme participants. Condo-hotel tax treatment may apply for participants.

Owner-controlled condo (Palm Cay, One Ocean model): Owner retains 100% of rental income minus any independent property management fee chosen. No personal use cap. Owner sets rates and chooses platforms. Full flexibility.

Why buy a Bahamas condo in 2026

The Bahamas Condo Market - 2026 Data

The structural case for buying a Bahamas condo has not been stronger in the post-pandemic cycle. Verified data, not projections.

12.5M
Visitors to Bahamas
Ministry of Tourism, Jan 2026
$510
Nassau STR daily rate
AirDNA / CBOB, Aug 2025
+68%
Nassau luxury sales 2025
homesforsaleinnassaubahamas.com
0%
Capital gains and income tax
Bahamas tax law - all owners

Key data points verified (2025-2026)

Nassau inventory vs prior year20% below
GDP growth (IMF, Feb 2026)2.8%
Nassau STR ADR (Aug 2025)$510.80
Out Island ADRs exceeding $500Exuma, Hope Town, Eleuthera
Murders 2025 (RBPF, Jan 2026)Down 31% to 83
Food VAT removedApril 1, 2026

Nassau luxury condo sales surged 68% in 2025 while inventory ran 20% below the prior year - a market where well-priced units are selling in weeks. The Bahamas received 12.5 million visitors in the 12 months to January 2026 (Ministry of Tourism), sustaining the rental demand that underpins STR income across Nassau and the Out Islands. Nassau's STR average daily rate was $510.80 as of August 2025 (AirDNA, Central Bank of the Bahamas).

The Bahamas' structural tax advantage remains unmatched among Caribbean jurisdictions competing for the same buyer pool. Zero income tax on rental proceeds, zero capital gains tax at resale, zero inheritance tax for all property owners including non-residents. The Bahamian dollar is pegged 1:1 to the USD - there is no currency exchange risk for USD buyers at any stage of the purchase, the rental income period, or the eventual sale.

For buyers whose Bahamas condo purchase will qualify for EPR residency at $1M or above, the Bahamas is also one of the few zero-income-tax Caribbean jurisdictions offering both freehold ownership rights and permanent residency through property investment. Knight Frank's 2025 Global Wealth Report found that half of high-net-worth expats in the Bahamas are now permanent residents, up from approximately 20% before the pandemic - a figure that reflects both the attractiveness of the programme and the ease with which it can be arranged alongside a property purchase.

Who to call

Glenn Ferguson - Nassau Condo Specialist

Every step of the condo purchase process above is one Glenn has managed personally for international buyers across every Nassau and Paradise Island development.

Glenn Ferguson - Licensed Bahamas Real Estate Agent, Nassau condo specialist

Glenn Ferguson

Licensed Bahamas Real Estate Agent (BREA)
Nassau and Paradise Island Condo Specialist
Bahamas MLS Member
EPR Residency Consultant - 24+ Years Nassau

BREA - Bahamas Real Estate Association Bahamas MLS

Glenn provides current MLS listings across all Nassau and Paradise Island condo developments, personalised closing cost breakdowns showing your true buyer-side share of the conveyance VAT, HOA documentation review before any offer, attorney referrals matched to the specific development, and EPR application coordination for qualifying purchases at $1M or above. For buyers comparing condos against Nassau homes and gated estates, Glenn covers both from a single contact. Seller pays commission - buyer representation costs nothing extra.

New to the market? Start with the foreign buyer guide for eligibility and the broad process, the property taxes guide for annual costs, and the closing costs calculator to model your buyer-side total before you offer.

Read Glenn's Full Profile

What Glenn provides for condo buyers - at no cost

Current MLS listings across all Nassau and Paradise Island developments
Personalised closing cost breakdown - your buyer-side VAT share, legal fees, total acquisition cost
HOA documentation review before any offer - maintenance fee, reserve fund, rental policy
Video walk-throughs of shortlisted units for remote buyers
Attorney referrals with condo and development-specific experience
EPR residency assessment and application coordination for purchases at $1M+
Remote purchase coordination - full process without Nassau travel
Start Your Condo Search Now

Buyer questions answered

How to Buy a Bahamas Condo - FAQ

Every specific question buyers ask about the Bahamas condo purchase process - answered directly.

How do you buy a condo in the Bahamas as a foreigner?

Foreign nationals buy Bahamas condos with freehold title - the same ownership rights as Bahamian citizens - under the International Persons Landholding Act. The 8-step process: (1) define objective and island; (2) shortlist with Glenn and review the cost breakdown; (3) view in person or by video; (4) engage a licensed Bahamian attorney; (5) submit written offer and pay 10% deposit into escrow; (6) attorney conducts the title search and HOA review; (7) close - attorney executes the deed, remits the conveyance VAT, registers title; (8) post-closing Investment Board registration (about $250 for personal use) and EPR application if applicable. Timeline: 30-90 days from accepted offer. Full remote purchase by power of attorney is available - no Nassau travel required. Contact Glenn at +1-242-395-8495 for current listings and a personalised cost breakdown.

How much does it cost to buy a condo in the Bahamas?

In a standard 50/50 split, buyer-side closing costs run about 8% to 9% of the price. Nassau and Paradise Island condo prices range from roughly $350,000 at The Reef Atlantis to $2.65M and above at Aqualina Cable Beach. The buyer-side components: (1) your share of the 10% conveyance VAT - about 5% of the price in a standard split, negotiable, and the full 10% only if you absorb it in a net-to-vendor deal; (2) legal fees of 2.5% to 3.5% plus 10% VAT on the fee; (3) title search and disbursements of $2,000 to $4,000. On a $750,000 condo that is roughly $60,000 to $70,000 of buyer-side cost (total acquisition about $810K to $820K). Annual holding costs: no income tax, no capital gains tax, no inheritance tax. Real Property Tax for a non-owner-occupied condo is 0.75% / 1% / 1.5% with no general cap - full detail at the property tax guide and the closing costs calculator.

Do you need a lawyer to buy a condo in the Bahamas?

Yes - a licensed Bahamian attorney is required in practice for all Bahamas condo purchases, because there are no title companies. The attorney conducts the title search through the Bahamas Registry of Records going back at least 30 years, confirms the condominium title of the specific unit, reviews the HOA documentation, prepares the Agreement for Sale, drafts the Deed of Conveyance, remits the conveyance VAT to the government (the VAT invoice is required before the deed is executed under the Conveyancing Amendment Act 2025), and registers the title transfer. Legal fees are about 2.5% to 3.5% of the purchase price (the Bahamas Bar Association suggested scale is 2.5% plus VAT for acting on one side), plus a further 10% VAT on the fee. Glenn refers buyers to attorneys with direct experience of the specific condo development.

Can I buy a Bahamas condo without travelling to Nassau?

Yes - you can buy a Bahamas condo entirely remotely: a notarised power of attorney lets your Bahamian attorney sign the Agreement for Sale, Deed of Conveyance, and Investment Board registration on your behalf, so no Nassau visit is needed at any stage. The power of attorney should carry an apostille under the Hague Convention. Glenn manages the full remote condo purchase process: current MLS listings and cost breakdown by email or WhatsApp, video walk-throughs of shortlisted units, attorney referrals, deposit guidance, and closing timeline management. The Bahamian dollar is pegged 1:1 to the US dollar, so US buyers face no currency conversion. Full detail at the remote purchase guide.

What HOA due diligence should I do before buying a Bahamas condo?

Before making any offer, review the HOA documentation: the maintenance fee and what it covers, the reserve fund balance, the short-term rental policy and any minimum-stay rules, any pending special assessments, and confirmation the unit has individual registered condominium title. In detail, Glenn obtains and reviews: (1) the current HOA maintenance fee and full itemisation of what it covers; (2) the most recent HOA financial statements and reserve fund balance; (3) the short-term rental policy - whether STR is permitted and any minimum stay requirements; (4) rental programme terms and revenue split if a managed rental pool exists; (5) any pending special assessments or known major building repairs; (6) the condominium title documentation confirming the specific unit has individual registered title. For managed pool condos such as Reef Atlantis, the programme takes approximately 55% of gross rental revenue. For owner-controlled condos such as Palm Cay One Marina and One Ocean, the owner retains 100% of rental income minus any chosen management fee.

Does buying a Bahamas condo qualify for permanent residency?

Yes for qualifying purchases - condo purchases at $1,000,000 or above (the EPR minimum effective January 1, 2025) can support an Economic Permanent Residency application. The EPR is available on any Bahamas island - Nassau, Paradise Island, Cable Beach, Palm Cay, Eleuthera, Exuma, Abaco. The standard government fee is $20,000 (a higher fee applies if the right to work is included), plus about $300 per dependent. Processing times are not officially published; independent advisers cite roughly 6 to 18 months. A priority-review tier is commonly cited at $1.5M and above but is not a guaranteed timeline and should be confirmed with immigration counsel. EPR grants indefinite right of residence, no income tax on worldwide income, no minimum-days requirement, and spouses and dependent children included. Glenn can coordinate the EPR application alongside the condo purchase. Full detail at the EPR residency guide.

What is the difference between buying a condo for personal use vs rental in the Bahamas?

The main difference is the government filing: a condo for personal use needs only a post-closing Investment Board registration (about $250, no prior approval), while a condo bought to operate as a rental generally needs an Investment Board permit (about $500) before closing. The rental income tax position is the same for both: no Bahamian income tax on rental proceeds for non-resident owners. Annual Real Property Tax for a non-owner-occupied condo is 0.75% on the first $500,000, 1% on $500K to $2M, and 1.5% above $2M, with no general cap. Short-term rental owners also register and remit 10% VAT on nightly rates. The HOA rental policy also determines whether a specific condo can actually be rented - Glenn confirms this before any shortlist is prepared.

Who should I call to buy a condo in the Bahamas?

Call Glenn Ferguson directly at +1-242-395-8495. Glenn is a licensed Bahamas Real Estate Association (BREA) agent with 24+ years of Nassau and Paradise Island condo experience. He provides current MLS listings across all Nassau and Paradise Island developments, personalised closing cost breakdowns showing your true buyer-side VAT share, HOA documentation review before any offer, Bahamian attorney referrals matched to the development, EPR residency assessment and application coordination for qualifying purchases at $1M or above, and full remote purchase coordination. Seller pays commission in all Bahamas transactions so buyer representation costs nothing. Read Glenn's full agent profile here.

Read Glenn's full profile WhatsApp Glenn to start your search

Start your search today

Buy a Bahamas Condo - Talk to Glenn First

Glenn Ferguson - Licensed Bahamas Real Estate Agent (BREA)
Nassau and Paradise Island Condo Specialist
EPR Residency Consultant - Nassau, New Providence, Bahamas

Tell Glenn your budget, preferred Nassau location - Paradise Island, Cable Beach, Palm Cay marina, or Nassau city - bedroom count, and whether you plan to rent the condo or use it personally. He responds with current MLS listings, a full personalised closing cost breakdown showing every line item including your buyer-side share of the conveyance VAT, an HOA documentation summary, and an EPR residency assessment if the purchase qualifies. All enquiries handled personally - no team, no assistant.

Seller pays commission - buyer representation, HOA review, island comparison, and EPR consultation cost you nothing extra. New to the process? The foreign buyer guide and the Ask Glenn Q&A page cover every aspect of buying. For buyers who know what they want, call +1-242-395-8495 directly.

"I start every condo buyer conversation the same way: what do you want this condo to do for you? If it is EPR residency, the budget minimum is $1M. If it is rental income, the HOA rental policy is the first document I pull. If it is a personal retreat, the managed pool question does not apply. Three questions, thirty minutes, and the buyer understands exactly which condo in which building is correct for their objective - before any viewing."
Glenn Ferguson - Licensed Bahamas Real Estate Agent (BREA), Nassau Condo Specialist, Nassau, Bahamas
BREA - Bahamas Real Estate Association Bahamas MLS

Start Your Condo Search Now

Budget, location, and objective. Glenn responds with current MLS listings and a full cost breakdown including your buyer-side VAT share.

Glenn Ferguson - Licensed Bahamas Real Estate Agent
+1-242-395-8495 - Nassau, New Providence, Bahamas

Sources and references

Foreign ownership and post-closing registration: International Persons Landholding Act, administered through the Government of The Bahamas Investments Board. Conveyance VAT, real property tax, and the Economic Permanent Residency minimum ($1,000,000 effective January 1, 2025) reflect Government of The Bahamas policy; the Bahamian dollar is pegged 1:1 to the US dollar. HOA fees and rental rules vary by building; confirm the specific condo's documents and current figures with a licensed Bahamian attorney.

This guide is provided for general informational purposes only and does not constitute legal, tax, immigration, or financial advice. All buyers should engage a licensed Bahamian attorney for every Bahamas condo purchase. Closing cost estimates are illustrative and must be confirmed by a licensed attorney at the specific purchase price. VAT on conveyance is 10% for foreign buyers and graduated for Bahamian citizens; it is customarily shared 50/50 between buyer and seller, the allocation is negotiable and set out in the Agreement for Sale, and the VAT invoice requirement before deed execution is per the Conveyancing Amendment Act 2025. Legal fees follow the Bahamas Bar Association suggested scale of 2.5% plus VAT for acting on one side. Investment Board registration and permit fees (cited here as about $250 and $500) should be confirmed as current. HOA fees, reserve fund positions, and rental policies vary by development and must be confirmed in current HOA documentation before any offer. The Reef Atlantis rental programme revenue split (~55% Atlantis / ~40% owner) is sourced from owner forum data and must be confirmed in the current management agreement. Real Property Tax per the Real Property Tax Act, as amended: owner-occupied first $300,000 exempt then 0.625% to 1% (capped $150,000); non-owner-occupied 0.75% / 1% / 1.5% with no general cap. EPR minimum $1,000,000 effective January 1, 2025; the government fee, processing time, and any priority-review tier should be confirmed with immigration counsel - independent advisers cite processing of roughly 6 to 18 months and there is no officially published timeline. STR data from AirDNA and Central Bank of the Bahamas, August and October 2025. Visitor data from Ministry of Tourism, January 2026. GDP per IMF, February 2026. Crime data per Royal Bahamas Police Force, January 2026. Luxury sales and inventory data from homesforsaleinnassaubahamas.com. Knight Frank 2025 EPR data is a third-party estimate. All prices in United States Dollars.