Real Estate Agents in The Bahamas

Call or WhatsApp 1-(242)-395-8495

Discover Luxury Living in Paradise with Experienced Bahamian Realtors 💕

Call or WhatsApp 1-(242)-395-8495 for Real Estate Agents in The Bahamas

 

Are you ready to buy property in the Bahamas? Whether it’s a luxury estate in Nassau & Paradise Island, a beachfront vacation home in Exuma, or an investment property in Albany, working with the right real estate agents in The Bahamas is crucial to getting the best deal. I’m Glenn Ferguson, a Luxury Bahamas Real Estate Agent and Bahamas Residency Consultant with over 20 years of experience helping people find their perfect properties here.

I’ll walk you through why it’s so important to choose the right agent and how to find the best real estate agents in The Bahamas who can make your property search as smooth and successful as possible.

Ready to get started? Ask Glenn about buying real estate in The Bahamas today!

Real Estate Agents in The Bahamas

Unlock the Secrets of Bahamian Real Estate with 2025's Top Real Estate Agents in Bahamas 💕

Call or WhatsApp 1-(242)-395-8495 for Real Estate Agents in The Bahamas with the Best Reviews

the penthouse at Goldwynn by Real Estate Agents in The Bahamas

 

Why You Need the Best Real Estate Agents in The Bahamas

If you're buying property in a foreign country, having the right agent makes all the difference. Here’s why:

1. Local Expertise and Market Knowledge

  • The Bahamas real estate market is unique. From local laws to understanding the different islands and their pricing, an experienced agent will guide you through every step of the process.
  • As a local Real Estate Agent in The Bahamas, I know the best neighborhoods, properties, and trends, and can help you avoid costly mistakes.

2. Negotiation Power

  1. The right agent doesn’t just show you houses—they fight for your best interests. Whether it’s securing a better price or ensuring the terms are right for you, a skilled negotiator can make sure you don’t overpay for your property. I’ve successfully negotiated countless deals and have the expertise to do the same for you.

3. Handling Legalities

  • Real estate transactions in the Bahamas involve specific laws and regulations, especially for foreign buyers. You’ll need a Real Property Tax Number (RPTN), and the paperwork can be confusing.
  • The best agents will take care of all the details, from licensing for non-residents to understanding property taxes, so you don’t have to worry about the legal complexities.

What to Look for in Real Estate Agents in The Bahamas

So, what makes a great real estate agent in the Bahamas? Here’s what you should look for:

1. Experience in the Local Market

  • The Bahamas has a variety of real estate markets, from luxury homes in Nassau to quiet, secluded properties on Abaco.
  • Look for an agent who knows the ins and outs of the area you’re interested in.
  • It helps if they’ve worked with buyers in your price range and property type.

2. A Strong Reputation

  • An agent’s reputation speaks volumes. Ask for client testimonials and references.
  • The best real estate agents in The Bahamas will have a track record of successful sales and happy clients.

3. Strong Communication Skills

  • Communication is key. Your agent should be responsive, able to answer your questions, and keep you updated throughout the process.
  • If your agent is hard to reach, it could cause delays, and you don’t want that when dealing with something as important as buying property.

4. Professional Affiliations

  • Look for agents who are members of reputable organizations like the Bahamas Real Estate Association (BREA) or who have access to the Bahamas Multiple Listing Service (BMLS).
  • These affiliations ensure your agent is professional, ethical, and has access to up-to-date property listings.

Frequently Asked Questions About Real Estate Agents in The Bahamas

Call or WhatsApp 1-(242)-395-8495 to ASK Glenn about Buying Real Estate in The Bahamas

Best Real Estate Agents in the Bahamas

 

When you're buying property in a new country like the Bahamas, it’s normal to have a lot of questions. From understanding the buying process to navigating local laws, making sure you're fully informed is key. To help you get the clarity you need, I’ve answered some of the most common questions I receive from buyers just like you. Let’s dive into the details so you can move forward with confidence!


1. Do I need a real estate agent to buy property in the Bahamas?

  • Yes! Bahamian law requires that you use a real estate agent in the Bahamas for your purchase.
  • Not only is it the law but an experienced agent can help you navigate the local market, negotiate the best deal, and guide you through the legal and transactional aspects of buying property.
  • Whether you're buying a luxury estate or a vacation home, having a Bahamas expert by your side will make the entire process smoother and more transparent.

2. Can foreigners buy property in the Bahamas?

  • Yes, foreigners can buy property in the Bahamas, and the process is relatively straightforward.
  • The Bahamas real estate market is highly attractive to international buyers.
  • All property purchase must be registered with the foreign investment board , but this is a simple process that I can help you with. 

3. What taxes should I be aware of when buying property in the Bahamas?

  • The Bahamas is known for its tax-friendly environment. Property taxes range from 0.75% to 1.5% of the property's value, depending on the type and location.
  • There are also no capital gains taxes, inheritance taxes, or income taxes, which makes it an attractive destination for investors.
  • However, there are stamp duties that must be paid on the sale of property (typically 7.5% for non-residents).

4. What is the process of buying property in the Bahamas?

The buying process in the Bahamas typically follows these steps:

  1. Find the Property: Work with your real estate agent to find a property that suits your needs.
  2. Sign a Sales Agreement: Once you’ve chosen a property, you’ll sign a sales agreement that outlines the terms of the sale.
  3. Foreign Investment License: If applicable (for properties over $500,000), we’ll assist you in applying for a foreign investment license.
  4. Due Diligence: Conduct necessary inspections and legal checks to ensure the property is in good condition and free of any legal issues.
  5. Closing: Complete the sale, pay the relevant taxes and fees, and register the property in your name.

5. How do I finance property in the Bahamas as a foreigner?

  • Financing is available for foreign buyers in the Bahamas, although it is typically more challenging than financing in other countries.
  • Many local banks offer mortgage loans to foreigners, but the down payment is often higher (usually 50% or more).
  • I can connect you with trusted mortgage brokers and lenders who specialize in working with international buyers, making the process as seamless as possible.

6. What are the additional costs when buying property in the Bahamas?

Aside from the property taxes and stamp duties, there are a few additional costs to consider:

  • Legal Fees: You’ll need to hire a real estate lawyer to handle the legal aspects of the transaction.
  • Property Inspections: If required, inspections will ensure the property is in good condition.
  • Insurance: Property insurance is recommended, especially for beachfront properties prone to hurricanes.
  • Title Insurance: This may also be needed to protect against any legal disputes over property ownership.

7. What is the best time to buy property in the Bahamas?

  • The best time to buy property in the Bahamas depends on your goals.
  • If you’re looking for vacation homes or investment properties, the off-season (May to November) may offer better deals due to fewer buyers in the market.
  • The peak season (December to April) sees the market at its busiest, with more options available but also higher competition.
  • It’s all about finding the right balance for your needs.

8. Can I rent out my property in the Bahamas?

  • Yes, many buyers choose to rent out their property in the Bahamas, especially vacation homes.
  • The Bahamas real estate market offers great potential for rental income, particularly in high-demand areas like Nassau, Paradise Island, and Exuma.
  • If you're considering renting your property, I can connect you with property management companies that will handle all aspects of the rental process for you.

9. Are there restrictions on the type of property non-residents can buy?

  • There are no restrictions on Non-Bahamians buying property in the Bahamas, but there are certain regulations for properties and some may require approval from the government.
  •  The property must also be registrar one purchased with the Foreign Investment Board

10. What is the closing process like for buying property in the Bahamas?

The closing process typically involves a few important steps:

  • Due Diligence: Your lawyer will check that everything is in order with the property’s title and ensure that all taxes are paid.
  • Sign the Purchase Agreement: Once due diligence is complete, you’ll sign the final purchase agreement and transfer the payment.
  • Register the Property: The property is officially registered in your name at the Land Registry.

Ready to Find the Best Real Estate Agent in the Bahamas?

Navigating the real estate process in a foreign country can feel overwhelming, but with the right agent, it’s much easier.

As a Luxury Bahamas Real Estate Agent with over 20 years of experience, I’m here to guide you every step of the way.

If you have more questions or are ready to start your property journey, ask Glenn about buying real estate in the Bahamas today!

 Push Notifications are disabled

hide

Homes for Sale in Nassau Bahamas

 Add to homescreen

hide