New Providence, Bahamas
Real Estate in New Providence, Bahamas
Last updated on May 07, 2023
Summary: The average cost of a nice 2 bedroom home in New Providence, Bahamas is around $250,000 USD. A nice 3 bedroom home in New Providence is around $400,000 USD. These properties typically include modern amenities such as air conditioning, stainless steel appliances, and granite countertops. Some properties may also include a pool, a patio, and a garden. Foreigners are allowed to purchase property in New Providence. However, they must obtain a permit from the Bahamas Investment Authority before they can purchase a property. An expat looking to buy a home in New Providence should start by researching the different neighborhoods and areas in the city. They should also consider their budget and what type of amenities they are looking for in a home. The most desirable neighborhoods in New Providence include Lyford Cay, Old Fort Bay, Cable Beach, and Paradise Island. These areas are known for their luxury homes, beautiful beaches, and close proximity to amenities.
How do I find a place to live in New Providence?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"The best way to find a place to live in New Providence is to research online for real estate agents and property listings in the area. You can also contact local real estate agencies to learn about available housing options, such as apartment complexes, homes for rent, and other residential properties. Additionally, you can look for classified ads in your local newspaper or online for potential rental properties. Lastly, you can join local social media groups or forums to hear about housing opportunities and ask questions of your peers who currently live in New Providence," said one expat in New Providence.
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What is a typical expat home or apartment like in New Providence?
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About the Author
Betsy Burlingame is one of the founders of Digital Nomad Exchange and the Founder and President of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange and Digital Nomad Exchange, Betsy worked at AT&T in International
and Mass Market Marketing. She graduated from Ohio Wesleyan University
with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
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