Nassau Condos for Sale (2026) | Beachfront, Cable Beach, Paradise Island | Glenn Ferguson
Updated February 2026

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.

$300K+Entry-Level Condos
10+Condo Buildings
$1M+EPR Qualifying
4-7%Net Rental Yield
Glenn Ferguson — Licensed Bahamas Real Estate Agent
Glenn Ferguson — Licensed Bahamas Real Estate AgentBREA Licensed · Bahamas MLS · Residency Consultant · 24+ Years in Nassau
BREABREA Licensed
MLSBahamas MLS Member
24+ Years in Nassau
All Islands Coverage
Residency Consultant

Nassau Condo Market

Why Buy a Condo in Nassau?

Nassau condos offer the ideal combination of turnkey living, resort amenities, rental income potential, and low-maintenance ownership for foreign buyers. The condo market accounts for the largest share of Nassau transactions — particularly among international buyers who visit periodically and want their property managed while they're away. Beachfront inventory remains limited, driving prices and rental rates higher year over year.
~$495KNassau Median Price
70%Of All Bahamas SalesNassau & New Providence
$350-$900Peak Night RatesCable Beach branded
0%Rental Income Tax

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.

Glenn
Glenn's Insider Tip"After 24 years selling condos in Nassau, I can tell you the difference between a 'nice condo' and a 'smart buy' is usually hidden in the HOA rules, the reserve fund, and how the unit performs in the real rental market. I review all of this before you make an offer — not after."

Tell Glenn your budget, bedrooms, and goals — he'll send a tailored shortlist with comparable sales, HOA fees, and rental projections.

Get a ShortlistBrowse MLS

Building-by-Building Guide

Where Should You Buy a Condo in Nassau?

Cable Beach dominates the new-construction luxury condo market, while Palm Cay leads the marina-lifestyle segment. Paradise Island commands the highest nightly rates. Western New Providence (Caves Point, Love Beach Walk) offers established oceanfront options. Every building below is a gated community with security — Glenn has access to inventory across all of them, including off-market units not on the portals.
Branded Luxury

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.

$645K-$4.2M+ · Cable Beach · On-site rental program
View Goldwynn on MLS →
Established Oceanfront

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.

$585K-$3M+ · Cable Beach · Next to Baha Mar
View Bayroc on MLS →
Gated Oceanfront

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.

$850K-$1.5M+ · Western NP · Private beach
View Caves Point on MLS →
Marina Lifestyle

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.

$600K-$4.2M+ · East Nassau · Marina + beach club
View Palm Cay on MLS →
Modern Marina

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.

$890K-$2.6M+ · Downtown Nassau · Marina
View One Ocean on MLS →
Premium Location

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.

$700K-$5M+ · Paradise Island · Highest ADR
View Paradise Island on MLS →
Mid-Range Beachfront

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.

$425K-$890K · West Bay Street · Value entry
View Listings on MLS →
Family-Friendly

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.

$400K-$1.5M · West Nassau · Canal-front · Families
View Listings on MLS →
Pre-Construction

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.

$2.6M+ pre-construction · Staged payments
Ask Glenn About New Builds →
Glenn
Glenn's Insider Tip"Every building has a personality — and the portal doesn't capture it. Goldwynn is boutique resort living. Bayroc is established oceanfront steps from Baha Mar. Palm Cay is for marina and boating buyers. Caves Point is quiet, private luxury. I've sold in all of them and I'll honestly tell you which fits your life."

Browse Glenn's live MLS inventory — condos across every Nassau building, updated daily.

View All Nassau Condos on MLSAsk Glenn

Side-by-Side Comparison

How Do Nassau's Top Condo Buildings Compare?

Pricing, HOA fees, rental rules, and amenities vary significantly across Nassau condo buildings. The table below compares the key factors that matter most to foreign buyers. Glenn provides building-specific HOA budgets, reserve studies, and rental performance data before you make an offer.
BuildingPrice RangeHOA/Mo.RentalBest For
Goldwynn$645K-$4.2M+$1,500-$2,500+On-site programBranded resort living
Bayroc$585K-$3M+$800-$1,500PermittedEstablished, Baha Mar
Caves Point$850K-$1.5M+$800-$1,200Long-termQuiet oceanfront
Palm Cay$600K-$4.2M+$600-$1,800Airbnb strongMarina lifestyle
One Ocean$890K-$2.6M+$800-$1,500PermittedModern, marina
Paradise Island$700K-$5M+$1,000-$2,500+Highest ADRPremium location
Love Beach Walk$425K-$890K$400-$700VariesValue beachfront
Sandyport$400K-$1.5M$500-$1,000PermittedFamilies, 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 Listings

Get 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?

Well-located Nassau condos generate net yields of 4-7% annually after management fees and HOA costs. Peak season (December-April) drives 65-75% occupancy at premium nightly rates. Cable Beach branded condos achieve $350-$900/night. Paradise Island commands $400-$1,200/night. Rental income is not taxed by the Bahamian government.
$350-$900Cable Beach / NightPeak season
$400-$1,200Paradise Island / NightPeak season
65-75%Peak OccupancyDec-Apr
4-7%Net YieldAfter fees & HOA

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.

Glenn
Glenn's Insider Tip"I build property-specific pro-formas for every buyer considering rental income — with actual nightly rates from comparable units, seasonal occupancy data, management fees, HOA costs, and insurance. Not generic island averages. After 24 years, I know which units in which buildings actually perform."

Looking for rental income condos? Browse Glenn's live MLS listings — filter by location, price, and rental program.

View Rental Condos on MLS

What Buyers Need to Know

What Does It Actually Cost to Live in a Nassau Condo?

Beyond the purchase price, condo owners should budget for electricity ($250-$500/month), water ($30-$60), internet ($80-$150), HOA fees ($400-$2,500+), property insurance (1.5-3% of insured value), and property tax (owner-occupied under $300K exempt). Electricity is the most commonly underestimated cost — Bahamas Power and Light (BPL) charges $0.28-$0.36/kWh, roughly double North American residential rates.
Monthly CostTypical RangeNotes
Electricity (BPL)$250-$500$0.28-$0.36/kWh; AC is the main driver
Water (WSC)$30-$60Water & Sewerage Corp.
Internet (fiber)$80-$150REV, 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.

Glenn
Glenn's Insider Tip"I give every buyer a complete monthly cost breakdown before they commit — not just the purchase price. HOA, electricity, water, internet, insurance, property tax, and management fees. No surprises after closing."
⚠ Mistake to Avoid

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?

Yes — gated condo communities in Nassau's western district and established marina communities offer 24/7 security, controlled access, and on-site management. The western end of New Providence (Cable Beach, Caves, Lyford Cay, Old Fort Bay) is widely considered the safest area for expats and foreign buyers. Every condo building in this guide is a gated or managed community with security.

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).

Glenn
Glenn's Insider Tip"I live in Nassau. I don't just sell here — I raise my life here. I'll tell you honestly which neighborhoods feel safe at any hour, which buildings have the best security infrastructure, and where I'd buy if I were in your position. That's the value of working with someone on the ground."

Costs & HOA Fees

What Does It Cost to Buy a Condo in Nassau?

Closing costs total approximately 7-8% of purchase price. The largest component is the 5% buyer share of VAT on conveyance. Ongoing costs include HOA fees ($400-$2,500+/month), property tax, insurance, and utilities. Owner-occupied condos under $300K are exempt from annual property tax.
Cost ItemBuyer PaysNotes
VAT on Conveyance5%10% total; typically split 50/50 (negotiable)
Legal Fees1-2.5%Title search, conveyance, closing
VAT on Professional Services10% of feesApplied to legal fees
Title Insurance (optional)0.5-1%Recommended for foreign buyers
Total Closing Costs~7-8%Of purchase price
~$50KClosing on $700K Condo
~$112KClosing on $1.5M Condo
~$225KClosing on $3M Condo

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.

⚠ Mistake to Avoid

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 MLS

How to Buy

How Does a Foreign Buyer Purchase a Condo in Nassau?

The process takes 60-90 days from accepted offer to closing. Foreign buyers purchase with the same freehold rights as Bahamian citizens. Owner-occupied condo purchases require no government permit. Central Bank approval takes 2-3 weeks if financing through a Bahamian bank. Glenn manages every step.

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.

Glenn
Glenn's Insider Tip"I give every buyer a detailed closing cost estimate and timeline before they make an offer. No surprises at closing. I also negotiate VAT on conveyance splits — not every deal has to be 50/50. On a $2M condo, saving even 1% on the VAT split is $20,000."

Ready to start? Browse Glenn's live MLS inventory, then request a shortlist with cost estimates.

Browse MLS ListingsRequest a Shortlist

New Developments

Should You Buy a Pre-Construction Condo in Nassau?

Pre-construction offers newer product, staged payments, and potential appreciation before completion — but carries real risks that require careful diligence. Goldwynn Penthouses Phase 2 (40 units, from $2.6M, delivering late 2026) is the most active pre-construction project on Cable Beach. Four Seasons Private Residences on Paradise Island is anticipated ~2027.

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.

⚠ Mistake to Avoid

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-Construction

Condo + Residency

Which Nassau Condos Qualify for Permanent Residency?

Any residential condo valued at $1,000,000+ qualifies for Economic Permanent Residency (EPR) since January 2025. This includes units at Goldwynn, Bayroc penthouses, premium Palm Cay units, Paradise Island condos, Caves Point, and One Ocean. Glenn handles both the property purchase and EPR application.
$1MStandard EPRSince Jan 2025
$1.5MAccelerated EPRFaster processing
10 YrMandatory Hold
0%Income TaxAs Bahamas resident

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.

Read the complete Bahamas Residency by Investment guide.

⚠ Mistake to Avoid

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 MLS
Glenn Ferguson — Licensed Bahamas Real Estate Agent
BREA Licensed Agent
Bahamas MLS Member
Residency Consultant
24+ Years in Nassau
All Islands Coverage
BREAMLS

Your Nassau Condo Expert

Why Glenn Ferguson for Your Condo Purchase

Glenn provides what portals cannot — building-specific intelligence, off-market access, HOA analysis, rental pro-formas, and residency filing that drive smart condo purchases.

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?

Entry-level condos start around $300K-$425K (Love Beach Walk, Concrest). Cable Beach buildings like Bayroc range $585K-$3M+. Goldwynn residences run $645K-$4.2M+. Palm Cay spans $600K-$4.2M+. Paradise Island two-bedrooms start $700K-$800K with luxury units reaching $5M+. Browse current listings on Glenn's MLS page.

Can a foreigner buy a condo in Nassau?

Yes. Same freehold ownership rights as Bahamian citizens. Owner-occupied purchases need no government permit. BSD pegged 1:1 to USD. Process takes 60-90 days. $1M+ qualifies for Economic Permanent Residency. Read the foreign buyer guide.

What are HOA fees for Nassau condos?

$400-$800/month for basic communities, $800-$1,500 for mid-tier luxury (Bayroc, Caves Point), $1,500-$2,500+ for branded residences (Goldwynn, Ocean Club). Fees cover security, pools, building insurance, landscaping, and maintenance. Glenn obtains exact budgets and reserve fund statements before any offer.

Can I rent a Nassau condo on Airbnb?

Many buildings allow short-term rentals, but HOA rules vary. Goldwynn and Palm Cay have established rental programs. Some buildings restrict to long-term only or cap simultaneous rentals. Rental income is not taxed. Glenn reviews rental rules and provides property-specific pro-formas before you commit.

Which condo buildings are best for investment?

For rental income: Goldwynn (branded program), Palm Cay (Airbnb market), Paradise Island (highest tourist traffic). For appreciation: Bayroc (next to Baha Mar), Caves Point (established oceanfront). For residency: any unit at $1M+ qualifies. Glenn provides building-specific ROI analysis with actual closed data. View investment condos on MLS.

What are closing costs on a Nassau condo?

7-8% of purchase price. VAT on conveyance 5% (buyer share; split is negotiable). Legal fees 1-2.5%. Title insurance optional 0.5-1%. On a $1M condo, budget ~$70K-$80K in closing costs. Get a cost estimate from Glenn.

Are Nassau condos safe for foreign buyers?

Yes. Every building in this guide is a gated or managed community with 24/7 security. The western end of New Providence (Cable Beach corridor through Lyford Cay) is widely considered the safest area for expats. Palm Cay and Treasure Cove on the east are also secure gated communities. Glenn lives in Nassau and guides buyers to the right neighborhood.

How much is electricity for a condo in Nassau?

Electricity is expensive in Nassau — $0.28-$0.36/kWh from BPL (roughly double the U.S. average). A 2BR condo runs $250-$500/month depending on AC usage. Newer buildings (Goldwynn, Palm Cay) have better insulation and energy-efficient systems. Budget for electricity separately from HOA fees.

Can I get a mortgage as a foreigner to buy a Nassau condo?

Yes. RBC, CIBC FirstCaribbean, and Scotiabank offer mortgages to foreign nationals. Expect 30-50% down payment, 6-8% interest, 15-25 year terms. Central Bank approval takes 2-3 weeks. About 75% of foreign condo purchases in Nassau are cash. Glenn points buyers to realistic financing options based on their profile.

What is hurricane insurance for a Nassau condo?

Building master policies are funded through HOA fees. Individual unit insurance (HO-6) costs 1.5-3% of insured value annually and includes windstorm coverage. Post-2018 code buildings get better rates. Named-storm deductibles are typically 2-5% of insured value. Glenn provides insurance cost estimates for every condo.

Should I buy pre-construction or resale?

Pre-construction offers newer product and staged payments but carries delay and developer risks. Resale gives immediate use, real operating history (actual HOA fees, rental performance, building condition), and no construction uncertainty. Glenn reviews developer track records and escrow structures for pre-construction, and comparable closed data for resale.

How do I manage my condo when I'm not in Nassau?

Buildings with on-site programs (Goldwynn, select Palm Cay) handle everything. Independent firms serve other buildings at 20-30% of gross rental income — covering guest check-in, cleaning, maintenance, bill payment, and hurricane preparation. Glenn recommends vetted management companies based on building and rental strategy.

What are special assessments and how do I avoid surprises?

Special assessments are additional HOA charges for major repairs (roof, elevator, hurricane damage) not covered by the reserve fund. Well-managed buildings maintain adequate reserves to minimize surprises. Glenn reviews reserve fund balances and recent assessment history before recommending any condo.

Is it better to buy a condo or house in Nassau?

Condos: lower entry, turnkey, resort amenities, easier rental management, 24/7 security, no exterior maintenance. Houses: more space, privacy, land ownership, no HOA, potential for pool/dock. For foreign buyers visiting periodically and wanting rental income, condos are typically the better fit. For full-time residents wanting privacy and space, houses may win. Glenn advises based on your specific goals.

Which condos qualify for Bahamas residency?

Any condo at $1M+ qualifies for EPR (standard) since January 2025. Accelerated processing at $1.5M+. Must hold 10 years. 90 cumulative days annual presence. Qualifying buildings include Goldwynn, Bayroc penthouses, Palm Cay premium, Paradise Island, Caves Point, One Ocean. Glenn handles purchase and EPR filing. Residency guide.

Is the internet reliable enough to work remotely from Nassau?

Yes. Fiber internet (100-500 Mbps) is available in most gated condo communities through REV and BTC. Cable Beach, Palm Cay, and Paradise Island all have reliable fiber. Budget $80-$150/month. Many post-pandemic buyers now use Nassau condos as primary remote-work bases — the infrastructure supports it.

Who should I call to buy a condo in Nassau?

Call Glenn Ferguson at 1-242-395-8495 or WhatsApp him. BREA Licensed, Bahamas MLS, residency consultant, 24+ years in Nassau. Building comparisons, HOA analysis, rental pro-formas, and EPR filing — one call starts everything. Browse Glenn's MLS listings.

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.