Nassau Condos for Sale
Nassau offers the widest selection of condos in The Bahamas — from $300K entry-level units to $15M+ branded penthouses. Cable Beach, Paradise Island, and Palm Cay lead the market with beachfront living, resort amenities, and strong rental returns. Foreign buyers purchase with the same freehold rights as Bahamian citizens. Condos at $1M+ qualify for Economic Permanent Residency. All gated communities below offer 24/7 security — the western end of New Providence is considered the safest area on the island.
Nassau Condo Market
Why Buy a Condo in Nassau?
Nassau's condo market spans every price point and lifestyle — from entry-level units near downtown starting around $300K to branded penthouses on Cable Beach above $4M. The strongest segments for foreign buyers are Cable Beach (proximity to Baha Mar, 10 minutes from Lynden Pindling International Airport), Paradise Island (highest tourist traffic, Atlantis and Four Seasons), and Palm Cay (marina lifestyle on the eastern shore with strong Airbnb returns).
Unlike many Caribbean markets, The Bahamas offers full freehold ownership — not leasehold. You own the unit outright with no expiration. The BSD is pegged 1:1 to USD, eliminating currency risk for American and Canadian buyers. And there is no income tax, no capital gains tax, no inheritance tax — making Nassau one of the most tax-advantaged condo markets in the Western Hemisphere.
Tell Glenn your budget, bedrooms, and goals — he'll send a tailored shortlist with comparable sales, HOA fees, and rental projections.
Get a ShortlistBrowse MLSBuilding-by-Building Guide
Where Should You Buy a Condo in Nassau?
Goldwynn Residences
Cable Beach's newest boutique resort residences. Studios to 3BR from $645K-$4.2M+. 81 units in Phase 1. Phase 2 penthouses (14-level tower, 40 units) delivering late 2026. On-site rental program, Rhizophora Spa, infinity pool, beachfront dining. Walking distance to Baha Mar.
Bayroc
55-unit oceanfront complex on Cable Beach, directly adjacent to Baha Mar casino and golf course. Four towers, 9-foot ceilings, panoramic balconies. 1BR-penthouse from ~$585K-$3M+. Pool, fitness, 24/7 security, private beach access. 65+ years of developer track record.
Caves Point
Western New Providence, gated oceanfront community in the coveted "Caves" district. 3BR units from ~$850K-$1.5M+. Multiple pools, fitness center, private beach, on-site management. 15 minutes to airport, 10 minutes to Cable Beach. Strong long-term appreciation history.
Palm Cay
Full-service marina village on Nassau's southeastern shore. Condos, townhomes, and single-family from $600K-$4.2M+. Deep-water slips, beach club, One Marina restaurant, pools, fitness. Proven Airbnb market. Proximity to schools and shopping. 20 minutes to airport.
One Ocean
Newer construction at the Nassau waterfront. 1BR-4BR from ~$890K-$2.6M+. Marina access, rooftop amenities, contemporary finishes. Walking distance to downtown Nassau, Bay Street shopping, and cruise port. Strong appeal for boating buyers.
Paradise Island Condos
Atlantis Residences, Ocean Club Four Seasons, and private luxury units. Highest tourist traffic in the country. 2BR from $700K-$800K; luxury $2.5M-$5M+. Four Seasons Private Residences arriving ~2027. 5 minutes from downtown Nassau via bridge.
Love Beach Walk & Concrest
Western New Providence gated communities on Cable Beach corridor. 2-3BR from $425K-$890K. Ocean views, pools, gated security. Lower HOA fees than resort buildings. Good value beachfront entry point for buyers under $900K. 12 minutes to airport.
Sandyport & Treasure Cove
Canal-front gated communities with townhomes and condos. $400K-$1.5M. Family-oriented with marina slips, beach, pool, and proximity to Tambearly School and St. Andrew's. Sandyport has its own town centre with shopping and dining. Steady appreciation.
New Developments
Goldwynn Penthouses Phase 2 (40 units, delivering late 2026, from $2.6M). Four Seasons Paradise Island (~2027). Staged payment plans available. Glenn monitors all pre-construction opportunities and reviews developer track records before recommending.
Browse Glenn's live MLS inventory — condos across every Nassau building, updated daily.
View All Nassau Condos on MLSAsk GlennSide-by-Side Comparison
How Do Nassau's Top Condo Buildings Compare?
| Building | Price Range | HOA/Mo. | Rental | Best For |
|---|---|---|---|---|
| Goldwynn | $645K-$4.2M+ | $1,500-$2,500+ | On-site program | Branded resort living |
| Bayroc | $585K-$3M+ | $800-$1,500 | Permitted | Established, Baha Mar |
| Caves Point | $850K-$1.5M+ | $800-$1,200 | Long-term | Quiet oceanfront |
| Palm Cay | $600K-$4.2M+ | $600-$1,800 | Airbnb strong | Marina lifestyle |
| One Ocean | $890K-$2.6M+ | $800-$1,500 | Permitted | Modern, marina |
| Paradise Island | $700K-$5M+ | $1,000-$2,500+ | Highest ADR | Premium location |
| Love Beach Walk | $425K-$890K | $400-$700 | Varies | Value beachfront |
| Sandyport | $400K-$1.5M | $500-$1,000 | Permitted | Families, canal-front |
*HOA fees are approximate and vary by unit size, floor, and building. Glenn obtains exact current HOA budgets and reserve fund statements before any offer.
Want a side-by-side of HOA fees, rental rules, and historical ADR? Request Glenn's Building Comparison Matrix with actual closed prices per sq. ft.
Request the MatrixView MLS ListingsGet Your Shortlist
Tell Glenn What You're Looking For — He'll Do the Rest
Fill this out once and Glenn will send verified MLS options matching your budget, location, and timeline — plus HOA fees, rental projections, and closing cost estimates. No browsing required.
Prefer WhatsApp? Message your criteria directly: WhatsApp Glenn · Or call 1-242-395-8495
Rental Income Potential
What Rental Returns Can You Expect from a Nassau Condo?
Management fees typically run 20-30% of gross rental income. Buildings with on-site rental programs (Goldwynn, select Palm Cay units) handle everything from guest booking to housekeeping. Independent management firms serve buildings without built-in programs.
Off-season reality: May through November occupancy drops to 25-30%. Serious rental investors underwrite conservatively using 45-50% blended annual occupancy, not peak-season numbers alone. I build every pro-forma this way — no inflated projections.
What to verify before buying for rental: (1) Does the HOA permit short-term rentals? (2) Is there a minimum stay requirement? (3) Are there blackout dates? (4) Does the building cap the number of units renting simultaneously? (5) What management company operates the program? I get answers to all five before recommending any rental investment.
Looking for rental income condos? Browse Glenn's live MLS listings — filter by location, price, and rental program.
View Rental Condos on MLSWhat Buyers Need to Know
What Does It Actually Cost to Live in a Nassau Condo?
| Monthly Cost | Typical Range | Notes |
|---|---|---|
| Electricity (BPL) | $250-$500 | $0.28-$0.36/kWh; AC is the main driver |
| Water (WSC) | $30-$60 | Water & Sewerage Corp. |
| Internet (fiber) | $80-$150 | REV, BTC; fiber available in most condo buildings |
| HOA / Condo Fees | $400-$2,500+ | Varies by building — see comparison table |
| Property Insurance | $500-$2,000+ | 1.5-3% of value annually; hurricane included |
| Property Tax | $0-$800+ | Owner-occupied: first $300K exempt |
Electricity is expensive. Every expat and condo owner confirms this. Air conditioning is the primary driver — budget $300-$500/month for a 2-3BR unit running AC regularly. Some newer buildings (Goldwynn, Palm Cay newer phases) have better-insulated construction and energy-efficient systems that reduce this cost significantly.
Internet is reliable in gated communities. Fiber is available in most Cable Beach, Palm Cay, and Paradise Island buildings. REV and BTC are the primary providers. Speeds of 100-500 Mbps are available — suitable for remote work, which has driven the post-pandemic buyer shift toward Nassau condos as primary residences.
Groceries and dining: expect 30-50% higher than U.S. mainland prices due to import duties. Super Value, Solomon's, and Fresh Market are the main grocery chains. Every condo building listed above is within 10-15 minutes of grocery shopping.
Budgeting for North American electricity rates. BPL charges $0.28-$0.36/kWh — roughly double the U.S. average. A 2BR condo running AC regularly will cost $300-$500/month in electricity alone. Factor this into your monthly carrying cost calculation.
Safety & Neighborhoods
Are Nassau Condos Safe for Foreign Buyers?
Western New Providence (Cable Beach → Lyford Cay) is where the majority of foreign condo buyers purchase. This corridor runs along West Bay Street from downtown Nassau to the western tip of the island. It includes Goldwynn, Bayroc, Caves Point, Love Beach Walk, Sandyport, Old Fort Bay, and Lyford Cay. Crime rates in these gated communities are extremely low.
Eastern Nassau (Palm Cay, Treasure Cove) — Palm Cay and Treasure Cove are gated communities on the eastern shore with their own security. While the broader eastern area of Nassau has higher crime than the west, these specific gated developments are secure and popular with both expats and Bahamian families.
Paradise Island is connected to Nassau via two bridges and functions as a self-contained resort zone. Security is managed by the Atlantis/One&Only resort infrastructure and private community guards.
Glenn's practical advice: as a 24-year resident, I guide every buyer to the right neighborhood for their lifestyle and comfort level. For buyers new to Nassau who want maximum peace of mind, the Cable Beach corridor offers the strongest combination of security, convenience, and proximity to amenities (Baha Mar, airport, grocery, medical).
Costs & HOA Fees
What Does It Cost to Buy a Condo in Nassau?
| Cost Item | Buyer Pays | Notes |
|---|---|---|
| VAT on Conveyance | 5% | 10% total; typically split 50/50 (negotiable) |
| Legal Fees | 1-2.5% | Title search, conveyance, closing |
| VAT on Professional Services | 10% of fees | Applied to legal fees |
| Title Insurance (optional) | 0.5-1% | Recommended for foreign buyers |
| Total Closing Costs | ~7-8% | Of purchase price |
Property tax (annual): owner-occupied — first $300K exempt, 0.625% on $300K-$500K, 1% above $500K. Non-owner-occupied — 0.75% on first $500K, 1% above $500K, 2% above $5M.
Hurricane insurance: essential in Nassau. Building master policies are funded through HOA fees. Individual unit insurance (HO-6 policies) typically costs 1.5-3% of insured value annually. Buildings constructed to post-2018 code (Goldwynn, Palm Cay newer phases) receive better insurance rates.
Mortgage option (foreign buyers): RBC, CIBC FirstCaribbean, and Scotiabank offer mortgages. Expect 30-50% down, 6-8% interest, 15-25 year terms. Approximately 75% of foreign condo purchases in Nassau are cash transactions.
Budgeting 2-3% for closing costs (North American habit). In The Bahamas, total buyer-side costs are 7-8%. On a $1M condo, that's $70K-$80K above the purchase price. Also: review the HOA reserve fund — a low reserve means special assessments are likely.
Get a complete cost breakdown for any condo. Glenn provides closing costs, HOA fees, tax projections, insurance, and utility estimates.
Get a Cost EstimateBrowse Condos on MLSHow to Buy
How Does a Foreign Buyer Purchase a Condo in Nassau?
Step 1 — Define your goals. Lifestyle, rental income, residency, or a combination. Glenn matches you to buildings that align with your strategy — not just your budget.
Step 2 — Review Glenn's shortlist. Building-specific comparisons with HOA fees, rental rules, comparable closed prices per sq. ft., and reserve fund status. Off-market units included where available.
Step 3 — Make an offer. Written offer with 10% deposit held in escrow by the seller's attorney. Glenn negotiates using actual closed sale data and market intelligence — not portal asking prices.
Step 4 — Due diligence (30 days). Bahamian attorney conducts title search (30+ years), reviews HOA documents, reserve fund, pending special assessments, and rental rules. Glenn recommends experienced attorneys and coordinates the process.
Step 5 — Close and take ownership. Pay VAT on conveyance, legal fees, and purchase balance. Title transfers to you as the freehold owner. Glenn coordinates key handoff, utility setup, and rental program enrollment if applicable.
Step 6 — Residency filing (if $1M+). Glenn files your Economic Permanent Residency application simultaneously. Documentation includes KYC, police report, medical tests, and proof of funds. No separate immigration firm needed.
Ready to start? Browse Glenn's live MLS inventory, then request a shortlist with cost estimates.
Browse MLS ListingsRequest a ShortlistNew Developments
Should You Buy a Pre-Construction Condo in Nassau?
Benefits: newest construction and finishes, staged payment plans (typically 25% at contract, 15% at milestones, balance at completion), potential price appreciation before delivery, and the ability to customize selections in some developments.
Risks to evaluate: construction delays (common in island markets), developer financial stability, escrow vs. non-escrow deposit structures, changes in materials or specifications, and the gap between renderings and finished product. The Bahamas does not have the same developer regulation framework as Florida or Ontario — buyer diligence is critical.
What Glenn verifies before recommending any pre-construction: (1) Developer track record and financial backing. (2) Escrow arrangement for deposits. (3) Completion guarantee or bond. (4) Construction insurance. (5) Realistic delivery timeline. (6) Comparable pricing to resale alternatives.
Wiring a deposit to a pre-construction developer without verifying that funds are held in escrow. In some jurisdictions, deposits go directly to the developer's operating account — meaning they're at risk if the project stalls. Glenn verifies escrow structure before recommending any pre-construction purchase.
Interested in pre-construction? Glenn monitors all upcoming developments and advises on developer credibility and deal structure.
Ask Glenn About Pre-ConstructionCondo + Residency
Which Nassau Condos Qualify for Permanent Residency?
For EPR-focused condo buyers: property selection matters. Glenn identifies condos that meet the $1M threshold with strong appreciation over the mandatory 10-year hold and rental income potential when you're not in residence. If you sell before year 10, you must reinvest into another qualifying property or risk losing EPR status.
Annual presence requirement: 90 cumulative days per year (not continuous). Many condo buyers use their unit as a seasonal residence (December-April) and rent it the remainder of the year, satisfying both the presence requirement and generating income.
Relying on outdated guides citing the $750K EPR threshold. That figure expired January 1, 2025. The current minimum is $1,000,000. Accelerated processing is available at $1,500,000.
Targeting residency through a condo purchase? Glenn identifies EPR-qualifying condos and handles the full application.
Ask Glenn About EPR CondosView $1M+ Condos on MLSYour Nassau Condo Expert
Why Glenn Ferguson for Your Condo Purchase
HOA deep-dives. Glenn requests current HOA budgets, reserve fund statements, pending special assessments, insurance master policies, and rental rule documentation for every condo before you make an offer. In 24 years, he's seen buildings with beautiful units and terrible financials — the HOA review prevents costly surprises.
Off-market access. Many condos sell before hitting the MLS — especially in buildings like Goldwynn, Caves Point, and Palm Cay where owners prefer discreet sales. Glenn's network surfaces these before the portals do.
Comparable closed prices. Portals show asking prices. Glenn provides actual closed prices per square foot, days-on-market, and price trends by building and floor level — the data that actually matters for negotiation.
Rental pro-formas. Property-specific projections with actual nightly rates from comparable units, seasonal occupancy data, management fees, and net yield calculations. Not generic island averages.
Full-service to residency. Property search, HOA review, cost estimates, attorney coordination, closing management, utility setup, rental program enrollment, and EPR filing if applicable. No handoffs to other firms.
Also a WPIC-certified wedding planner. Planning a destination wedding? Glenn also operates BahamasPackageWedding.com — a unique combination that helps clients buying both property and planning celebrations in Nassau.
Frequently Asked Questions
Nassau Condos FAQ
How much do condos cost in Nassau Bahamas?
Can a foreigner buy a condo in Nassau?
What are HOA fees for Nassau condos?
Can I rent a Nassau condo on Airbnb?
Which condo buildings are best for investment?
What are closing costs on a Nassau condo?
Are Nassau condos safe for foreign buyers?
How much is electricity for a condo in Nassau?
Can I get a mortgage as a foreigner to buy a Nassau condo?
What is hurricane insurance for a Nassau condo?
Should I buy pre-construction or resale?
How do I manage my condo when I'm not in Nassau?
What are special assessments and how do I avoid surprises?
Is it better to buy a condo or house in Nassau?
Which condos qualify for Bahamas residency?
Is the internet reliable enough to work remotely from Nassau?
Who should I call to buy a condo in Nassau?
Keep Reading
Related Bahamas Guides
Can a Foreigner Buy Property?
Complete guide to foreign ownership rights, 7-step process, costs, and residency pathway.
Read the Guide →2026 Market Report
12.5M visitors, $7B revenue, island-by-island pricing, and Glenn's 5-year forecast.
Read the Report →Residency by Investment
$1M EPR threshold, 10-year hold, 90-day presence, and tax advantages explained.
Read the Guide →Beachfront Condos
All-island beachfront condo guide with pricing, ADR, and building comparisons.
Browse Beachfront →Glenn's MLS Listings
Live Bahamas MLS listings plus off-market inventory. Filter by island, type, and price.
Browse MLS Listings ↗Request a Shortlist
Fill out Glenn's form with your budget, bedrooms, and goals. Verified MLS options sent directly to you.
Get Your Shortlist →Ready to Buy a Condo in Nassau?
Glenn Ferguson — 24+ years in Nassau, full MLS access, off-market condos, building-by-building intelligence, rental pro-formas, and residency filing. One call starts everything.
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