Buy A House In Nassau Bahamas __EXCLUSIVE__
Whether you are thinking of purchasing property in The Bahamas primarily as a full-time or vacation home for personal use or as an investment with the potential to generate extra income, this guide is designed to cover all aspects of acquiring a house from finding homes for sale in The Bahamas through to the details of the purchase process.
buy a house in nassau bahamas
Thinking of living in The Bahamas? Buying a house also provides a route to obtaining residency for individuals looking to move overseas or retire in The Bahamas. Buyers investing over US $750,000 in Bahamas real estate are eligible to apply for permanent residency while those investing over $1,500,000 qualify for Accelerated Consideration for a Permanent Residence certificate.
Prices range from approximately US 150,000 to $200,000 for a smaller villa or cottage in the quieter Out Islands such as Eleuthera, Exuma and Bimini up to US $20 to $40 million dollars for the most luxurious houses in highly exclusive communities in Lyford Cay, Paradise Island and Old Fort Bay.
The property consists of two plots, which add up to almost half an acre, with 200 feet of ocean frontage. The lighthouse was originally separate, but the current owner bought it and connected it to the main house, adding a stone bridge between them. British architect Alireza Sagharchi supervised the renovation of both house and lighthouse, as well as the outdoor living spaces, adding a waterfront terrace with travertine tile and a wooden deck with ladder to the ocean, perfect for snorkeling.
The lighthouse boasts a completely new lantern at the top, plus an original 1950s kitchen, two ensuite bedrooms, basement storage and both stairs and an elevator. It would work well as a guest house or home office.
Built in a traditional British colonial style, the main house measures about 7,000 square feet with six bedrooms and four full bathrooms. Wooden balconies run along with waterfront side of the house. The west wing, built in the 1950s, includes a family room and a separate two-bedroom staff apartment; three bedrooms are upstairs, including one ensuite and two that share a bath. The 1990s east wing offers a formal living room, kitchen, dining, and master bedroom. The master suite is adjacent to a lofted sitting room with glass doors that open to a balcony.
During this time, the existing Governor's Mansion, where they lived, was not up to the couple's standards. And so the house went under extensive renovations. While the Duke and Duchess waited, they moved somewhere a bit more comfortable: Sigrist House. They were offered to stay in the home by Sir Frederick Sigrist, a British aviation pioneer, millionaire and the original owner of the property, who made his fortune designing aircraft for the First World War. The Windsors moved on to a mansion owned by industrialist Sir Harry Oakes, before finally moving into the Government House.
Patrisse Khan-Cullors, 37, also eyed property in the Bahamas at an ultra-exclusive resort where Justin Timberlake and Tiger Woods both have homes, The Post has learned. Luxury apartments and townhouses at the beachfront Albany resort outside Nassau are priced between $5 million and $20 million, according to a local agent.
Mary Elizabeth Andriotis is House Beautiful's Associate Editor, where she covers historic homes, entertainment, culture, and design. She has written for publications including House Beautiful, Vogue, Architectural Digest, Teen Vogue, NYLON, and Town & Country. She enjoys visiting historic house museums in her free time.
The Island House offers a range of dining choices for locals and guests, including Shima, located on the top floor of The Island house and featuring both indoor and al fresco dining on the rooftop decks with views of the Lyford Cay Marina. Shima features fresh, vibrant flavors of Southeast Asia under the direction of Executive Chef, David Rodgers.
The Island House is located at Mahogany Hill, Western Road PO Box N-7776-78, Nassau, Bahamas. The Island House rates start at US$345/night for double occupancy. For more information on The Island House, or to request a reservation, www.the-island-house.com or call 1-242-698-6300.
The estate consists of a main residence, which is approx. 15,000 sq feet, as well as two guest houses. It is a gated estate set amidst 4 acres of lush tropical gardens, and includes a swimming pool and jacuzzi all with views over the manicured grounds, saltwater canals, and distant Atlantic.
The location and type of home you choose will impact the cost of living in the Bahamas. Nassau, for example, has a range of affordable apartments and single-family houses, but luxury homes in the capital can be quite pricey. There are many large beachfront villas in the outer islands, which can range from reasonable to extravagant. 041b061a72