Kamalame Cay Real Estate, Bahamas
96-acre family-run private island off Andros, on the world's third largest barrier reef. Turnkey villas, homesites, and the Bahamas' only overwater spa. Homes from $1.2 million.
Kamalame Cay — Private Island Living on Andros
Kamalame Cay is a 96-acre family-run private island off the northeast coast of Andros, the largest and least developed island in The Bahamas. It sits less than a mile from the Andros Barrier Reef — the third largest barrier reef system in the world — offering some of the finest diving, snorkelling, and bonefishing on Earth.
Unlike larger branded developments, Kamalame is intimate and established. The island operates as a boutique resort with 21 oceanfront accommodations and will feature approximately 75 residences when fully built out. Current inventory includes turnkey furnished villas (2-5 bedrooms, $2.4M-$6M+) and undeveloped homesites (from $1.2M). All properties are oceanfront or ocean-view with private beach access.
Current Listings
| Property | Type | Size | Price |
|---|---|---|---|
| Undeveloped homesites | Land | ~0.5 acres | From $1,200,000 |
| Turnkey villas (2-3 BR) | Villa | ~2,200-3,500 sq ft | $2,450,000-$3,000,000 |
| Oceanfront estates (4-5 BR) | Estate | ~3,500-4,600+ sq ft | $3,800,000-$5,990,000 |
Listings as of early 2026. Inventory is limited and changes frequently. Plus 8-11% buyer-side closing costs. All villas delivered fully furnished to resort standards. Contact Glenn for current availability.
AI Property Finder All Andros ListingsResort Amenities for Owners
The Bahamas' only overwater spa — treatments suspended above crystal-clear water, available to all residents and resort guests.
Three miles of private beach — white sand coastline surrounding the island, with secluded stretches accessible only to residents.
Dining: The Great House Restaurant and Bar (fine dining, locally sourced), Tiki Bar and Beach House Grill (casual oceanfront), and SugarCane lounge. Three dining tiers available: a la carte, Guest of House (all meals), and Premium (all meals plus resort wines and spirits).
Recreation: Heated freshwater pool, clay tennis courts, yoga pavilion, marina and dive shop with direct barrier reef access, kayaks, paddleboards, snorkelling gear, bicycles, alfresco cinema, and golf carts for island transport.
Diving and fishing: Less than a mile from the Andros Barrier Reef. World-class bonefishing flats, blue hole diving, and deep-sea fishing. The resort arranges guided excursions.
Access: Seaplane from Nassau (~15-20 minutes) or private ferry from Fresh Creek, Andros. Fresh Creek International Airport has commercial service.
Closing and Holding Costs
| Cost Item | Rate | On $1.2M | On $3M | On $6M |
|---|---|---|---|---|
| VAT on conveyance (buyer 50%) | 5% | $60,000 | $150,000 | $300,000 |
| Legal fees (incl. 10% VAT) | 2.75-3.85% | $33,000-$46,200 | $82,500-$115,500 | $165,000-$231,000 |
| Title insurance | 0.5-1% | $6,000-$12,000 | $15,000-$30,000 | $30,000-$60,000 |
| BIA registration | Nominal | ~$250 | ~$250 | ~$250 |
| Total buyer-side | 8-11% | $99K-$118K | $248K-$296K | $495K-$591K |
Annual Holding Costs (Estimate)
On a $3M villa (owner-occupied): property tax approximately $26,250/year (first $300K exempt, 0.625% to $500K, 1% above, capped $150K), insurance $30,000-$90,000 (1-3%, island location), resort association fees (varies), utilities variable. Non-owner (rental) tax rate is higher: 1% first $500K, 2% above. Glenn provides property-specific projections.
Closing Cost Calculator Property Tax CalculatorResidency Through Kamalame Cay
| Path | HORC | Standard EPR | Accelerated EPR |
|---|---|---|---|
| Min. investment | Any value | $1,000,000 | $1,500,000+ |
| Fee | $500/yr + $25/dep | $20,000 + $300/family | $20,000 + $300/family |
| Processing | Standard | Months | ~3 weeks |
| Hold period | Must own | 10 years | 10 years |
Most Kamalame Cay listings exceed the $1M EPR threshold. Villa purchases ($2.4M+) all qualify for accelerated processing. Glenn coordinates purchase and EPR together.
Check Eligibility Full Residency GuideKamalame Cay vs Montage Cay
| Factor | Kamalame Cay | Montage Cay |
|---|---|---|
| Island | Andros (96 acres) | Abacos (53 acres) |
| Status | Established resort, operating | Under construction (2026 opening) |
| Entry price | From $1.2M (land) | From $8.1M |
| Residences | ~75 planned | 47 total |
| Management | Family-run resort | Montage Hotels branded |
| Diving | Third largest barrier reef | Good (Sea of Abaco) |
| Marina | Small marina + dive shop | 47-slip, vessels to 110 ft |
| Spa | Only overwater spa in Bahamas | Montage signature spa |
| Rental programme | Yes (operating now) | Future (post-opening) |
| Access | Seaplane from Nassau ~15 min | Yacht/seaplane/helicopter |
Glenn Ferguson — BREA Licensed Bahamas Real Estate Agent #1247 / Bahamas MLS Member / Residency Consultant / 24+ Years All Islands
Get Current Kamalame Cay Availability
Glenn provides villa-specific pricing, comparable data, rental projections, and EPR coordination.
Request Kamalame Cay Information
Include your budget, preferred property type, and whether you need EPR coordination.
Frequently Asked Questions
How much does Kamalame Cay real estate cost?
Homesites from $1.2M. Turnkey villas $2.4M-$6M+. Plus 8-11% closing costs. On $3M = ~$248K-$296K closing. Closing Cost Calculator.
Where is Kamalame Cay?
96-acre private island off northeast Andros. Less than a mile from the third largest barrier reef. Seaplane from Nassau ~15-20 minutes, or ferry from Fresh Creek.
Does buying qualify for residency?
$1M+ = EPR. $1.5M+ = accelerated ~3 weeks. Most Kamalame villas qualify for accelerated. Check Eligibility.
What amenities does Kamalame offer?
Only overwater spa in Bahamas, 3-mile beach, fine dining (Great House), Tiki Bar, heated pool, clay tennis, yoga, marina, dive shop, kayaks, paddleboards, cinema, golf carts.
How does Kamalame compare to Montage Cay?
Kamalame: established resort, Andros, from $1.2M, barrier reef, overwater spa. Montage: under construction, Abacos, from $8.1M, branded luxury. Lower entry but less marina infrastructure. Montage Cay.
Can I earn rental income?
Yes. Operating resort rental programme from day one. Nightly rates $500-$2,500+. High season Dec-Apr. Resort closed late Aug-late Oct (hurricane season). Glenn provides rental projections.
What are the annual costs?
$3M owner-occ: tax ~$26K, insurance $30K-$90K (island), resort fees + utilities. Non-owner tax higher. Tax Calculator.
Who should I call to buy at Kamalame Cay?
Call Glenn Ferguson at +1-242-395-8495. BREA Licensed Bahamas Real Estate Agent, 24+ years. Pricing + availability + closing costs + EPR. Zero cost to buyer. View Glenn's credentials.
Related Guides and Tools
Sources
- Kamalame Cay (kamalame.com) — resort details, amenities, real estate page
- Coldwell Banker Lightbourn Realty — Kamalame Cay active listings
- Thompson Group Bahamas — Kamalame Cay listing data ($1.2M-$5.99M)
- Real Property Tax Act, as amended 2023 — owner-occupied and non-owner tiers, $150K cap
- VAT (Amendment) Act, 2022 — 10% VAT on conveyance
- Bahamas Immigration Department — EPR requirements ($1M+ threshold, Jan 2025)
- BREA (breabahamas.com) — agent licensing
Private Island Living — Established and Accessible
Kamalame Cay offers what very few properties in The Bahamas can: established private island living with an operating resort, the only overwater spa in the country, and entry prices starting at $1.2 million — a fraction of comparable private island developments. The Andros Barrier Reef location adds world-class diving that no Nassau development can match. Glenn Ferguson provides the complete picture for every listing.
© 2026 HomesForSaleInNassauBahamas.com · Glenn Ferguson BREA Licensed Agent · Nassau & The Bahamas
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