Grand Bahama Real Estate News

Guidelines for Real Estate in the Bahamas

Guidelines for Real Estate in the Bahamas

Here are some general guidelines and considerations for real estate in the Bahamas, based on common practices and information available up to 2024: Bahamas Real Estate Property Types Residential: Includes single-family homes, condos, townhouses, and villas. Luxury...

Economics of Grand Bahama Island

Economics of Grand Bahama Island

The economic situation of Freeport, Grand Bahama, as of my last update, presents a complex picture influenced by historical agreements, tourism, industrial activities, and recent calls for economic revitalization: Freeport was developed under the Hawksbill Creek...

Legal Fees in the Bahamas

Legal Fees in the Bahamas

When considering real estate transactions in the Bahamas, several fees and taxes come into play: VAT (Value Added Tax) on Property Conveyances This tax varies based on the type of property: For unimproved property or vacant land, it's 10% of the sales price. For...