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Figuring out where to purchase real estate in the Bahamas could be overwhelming with 20 main islands. This quick review will make it easier to determine the island that will best suit your needs as well as your financial situation. The Exumas and Abaco are considered to be the most well-liked yachting areas in the Bahamas, and the islands offer stunning coastline. Therefore real estate prices there are quite high. One-acre beachfront lots on Great Exuma Island range from $1 to $2 million. Rates in Abaco are in this range as well. The cities of Freeport in Grand Bahama and Nassau in New Providence Island are options for purchasers who like urban or suburban areas and the facilities those offer. Attractions of these areas include a wide selection of cultural opportunities, extensive shopping, numerous golf courses, hospitals, and the availability of nonstop flights to several major airports. Anticipate spending $1.5 million for classic canal-front quarters in one of the popular gated communities in these areas. One-acre beachfront lots will cost a minimum of $3 million. After Freeport, the next major city in Bahamas is Marsh Harbour, as most of the settlements in the Bahamas are even smaller. It is considered to be part of the Out Islands with large areas of natural landscape and special houses. With 60 miles of beaches and just a small number of hotel rooms, Eleuthera Island is a blissful place for beach-lovers who take pleasure in privacy and the perfect natural setting. Eleuthera is less luxurious than the Exumas and Abaco, but offers one-acre beachfront lots at around $500,000. Bimini is well-known for its subterranean-sea fishing. It also boasts one of the chief resorts in the area called the Bimini Bay Resort as well as a casino. The Bimini Bay also offers condominiums with boat access. One beachfront lot that is listed on Bimini is a 2.7-acre lot selling for $1.7 million. For true pioneers Crooked Island, San Salvador, Acklins Island, Inagua and Mayaguana will be attractive. These islands are further south, more isolated, and less settled. However, the lot prices are attractive. A four-acre beachfront lot located on Crooked Island runs about $525,000, 95 percent less than for a lot you would find in Nassau. Whether you are seeking an investment property or purchasing a vacation residence, the Bahamas have much to offer! All you have to do is investigate your options and determine which property is best for you.
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