
Because the Bahamas Government wants to encourage condo-hotels, many Bahamas developments, one example being parts of The Reef at Atlantis, currently have NO PROPERTY TAXES as we know them.
In addition, THE BAHAMAS GOVERNMENT MAY BE ABLE TO GIVE YOU A 100% PROPERTY TAX EXEMPTION IF YOUR BAHAMAS HOME OR CONDO IS FOR YOUR PERSONAL USE AND IS ASSESSED FOR LESS THAN $250,000, no matter where it's located within this entire island archipelago. There are even provisions to keep this exemption even if you decide to rent the property out. This may change in the future- but this massive benefit to you pretty darn popular with locals and expats too.
And if that weren't enough, the Bahamas Government has extended the "No Property Tax" provisions of the Hawksbill Creek Agreement, and deemed the "Bonded Area" to continue to be governed under the subsovereignty of the private Grand Bahama Port Authority.
You read it right: Within the bonded area of Grand Bahama, including of course all of Freeport, there is, generally speaking, Lord willin' and the creek don't rise, NO PROPERTY TAX now and far into the future.
CONSULT A BAHAMAS-LICENSED ATTORNEY OR BAHAMAS-LICENSED REALTOR TO DETERMINE HOW MUCH THESE PROPERTY TAX EXEMPTIONS APPLY, IF THEY APPLY AT ALL, TO YOU AND YOUR EXISTING OR PROPOSED BAHAMAS REAL PROPERTY.
Price US$14,900,000.00
Name"Nandana", West End, Grand Bahama
Rep*George Damianos with Damianos Sotheby's Real Estate
Price US$3,510,000.00
Name"Gunport Road Beach Mansion" at Fortune Cay, Grand Bahama's Bonded Area
RepJames Sarles with Coldwell Banker James Sarles Realty
Price US$2,500,000.00
NameBOUTIQUE GATED CANALFRONT, DEVELOPMENT-READY
Rep*James Sarles with Coldwell Banker James Sarles Realty, Bahamas
Price US$1,250,000.00
Name"Midshipman Road 20-Unit Apartment Building", Freeport
Rep*Helena Parotti-Burrows with Coldwell Banker Sarles Realty, Freeport, Grand Bahama
Price US$9,500,000.00
Name"Castaways Resort and Suites", Grand Bahama
RepJames Sarles with Coldwell Banker Realty, Grand Bahama Island
Price US$171,000.00
NameLucayan Towers South
RepColdwell Banker Sarles Realty
Price US$2,550,000.00
RepJames Sarles with Coldwell Banker Realty
Listing #61388
Price US$30,700,000.00
RepJames Sarles with Coldwell Banker Realty
Listing #61349
Price US$1,650,000.00
Rep*Gavin Christie with CA Christie Real Estate, Bahamas
Listing #61869
Price US$10,000,000.00
RepJames Sarles with Coldwell Banker Realty
Listing #61933
Price US$25,000,000.00
Name"New Grand Bahama 113-Acre Beach Tract", Central Grand Bahama Island
RepRobert Stuart with Land Watch Realty
Price US$155,000.00
Name"Tucked Away" at Spanish Wells
Rep*Darrin Sands with Damianos Sotheby's International
Price US$25,000,000.00
Name"Deep Water Cay", Grand Bahama Island, Northern Bahamas
Rep*George Damianos with Bahamas Sotheby's
Price US$120,000.00
Rep*Charles Beede with Bahamas Best Real Estate
Listing #54839
Price US$212,000.00
NameMatthew Town Home, Great Inagua Island
RepHazel Fox with HG Christie, Limited, Bahamas Real Estate Brokers.
Price US$1,600,000.00
RepJames Sarles with Coldwell Banker Realty
Listing #61421
Price US$1,600,000.00
Name"Bahamia Drive at Pearl Bay Pool Home", Freeport, Grand Bahama
RepColdwell Banker James Sarles
Price US$112,000.00
Name"Fortune Hills Resort Estates Starter Apartment", Grand Bahama
RepColdwell Banker James Sarles
Price US$410,000.00
Name'Bell Channel Road Commercial Lots Selection', Bell Channel Bay, Grand Bahama
Rep*Helena Parotti with Coldwell Banker Commercial
Price US$530,000.00
RepHelena Parotti with Coldwell Banker Commercial
Listing #54300
Price US$505,000.00
Rep*James Sarles with Coldwell Banker Commercial
Listing #54523
Price US$1,100,000.00
Name'Indian Lane Townhouses'
RepNikolai Sarles with Coldwell Banker Sarles Realty
Price US$575,000.00
Name"Commercial Vacant Acreage on Coral Road", Park Royal, Grand Bahama
RepHelena Parotti-Burrows with Coldwell Banker Commercial
Price US$420,000.00
Name"Canary Avenue Rooms-To-Let House" at Royal Bahamian Estates
RepColdwell Banker James Sarles Realty
Price US$1,400,000.00
Name"The Captain's Charthouse", Grand Bahama
RepColdwell Banker James Sarles
Price US$995,000.00
RepColdwell Banker James Sarles
Listing #33240
Price US$800,000.00
NameFortune Bay, Tract One
RepColdwell Banker James Sarles
Price US$700,000.00
NameFortune Bay House, Grand Bahama
Rep*Nikolai Sarles with Coldwell Banker James Sarles
Price US$610,000.00
NameBayview Court at Bahamia Canalfront House
Rep*James Sarles with Coldwell Banker James Sarles
Price US$284,000.00
NameInagua Avenue Ranch, Lucaya
Rep*James Sarles with Coldwell Banker James Sarles
Price US$260,000.00
NameCaravel Beach Commercial Land, Freeport, Grand Bahama
RepColdwell Banker James Sarles Realty
Price US$220,000.00
NameFreeport Commercial Property
Rep*James Sarles with Coldwell Banker James Sarles, Grand Bahama
Price US$325,000.00
Name"Shearwater Drive Five Bedroom House" at Lucayan Knoll, Grand Bahama
RepColdwell Banker James Sarles Realty
Price US$1,900,000.00
Name'Spanish Main Beachfront Parcel', Grand Bahama
Rep*James Sarles with Coldwell Banker Sarles
Price US$250,000.00
Name'Port Place Condos. Unit One', GB
Rep*Catherine Macleay with HG Christie, Limited
Price US$415,000.00
RepColdwell Banker James Sarles
Listing #54509
Price US$510,000.00
Name'Rum Cay Drive Rancher', South Bahamia
RepColdwell Banker James Sarles Realty
Price US$235,000.00
NameCanal Lot, Crossing Court at Sentinel Bay, Lucaya: Zoned for Houses or Apartments
RepColdwell Banker James Sarles Realty
Price US$100,000.00
Name'Barbary Beach Multifamily Lot'
RepColdwell Banker James Sarles
Price US$1,650,000.00
Rep*Ina Simmons with Coldwell Banker James Sarles
Listing #61558
Price US$990,000.00
Rep*Michael Mosko with Mosko Realty, Freeport, GB
Listing #61567
Price US$379,000.00
NameCanal Front House at Fortune Bay
Rep*Ina Simmons with Coldwell Banker Sarles
Price US$80,000.00
NameFortune Point By Fortune Beach
RepColdwell Banker Sarles Realty
Price US$435,000.00
Rep*Helena Parotti-Burrows with Coldwell Banker James Sarles, Commercial Division
Listing #54860
Price US$1,680,000.00
Rep*Donna Laing-Jones with H.G Christie International Real Estate
Listing #79666
Price US$2,900,000.00
Name'Old Bahama Bay #6', West End, Grand Bahama
RepColdwell Banker Sarles Realty
Price US$5,030,000.00
RepJames Sarles with Coldwell Banker Realty, Grand Bahama
Listing #61363
Price US$240,000.00
Name"Defender Avenue Ranch House", Chesapeake, Lucaya, GBI
Rep*James Sarles with Coldwell Banker Sarles Realty of GBI
Price US$366,000.00
RepColdwell Banker Sarles Realty
Listing #33057
Price US$375,000.00
Name"Princess Isle Beachfront Parcel", Bahamia, Freeport
Rep*Nikolai Sarles with Coldwell Banker James Sarles Realty