If you’re interested in purchasing a piece of paradise in the Bahamas, Exuma is a great choice. This island nation boasts a thriving economy and business-friendly laws, making it a great place to own real estate. With its sunny days, clear water, and friendly people, Exuma is a beautiful place to live. If you’re interested in buying real estate in this island nation, check exuma bahamas real estate out these tips for buying real estate in the Exuma Cays.
In order to purchase Exuma Bahamas real estate, you will need to first find out the legal fees involved in the transaction. These fees can vary, but are typically around 2.5 percent of the first $500,000, and one percent for each additional $4 million. In addition, you will need to pay stamp duty, which is a sales tax split between the vendor and the buyer. Stamp duty can vary between 4% and 12% of the value of the property.
Depending on your needs, Exuma real estate can range from a beach house to a luxurious private island. You’ll have plenty of choice. You can purchase an oceanfront property in February Point or a hilltop luxury property in Oceania Heights. You can also find a condo in the Cays, which are located 210 miles southeast of Nassau. However, there are a lot of restrictions and fees that apply.
In order to find real estate in Exuma, you’ll need to visit the island’s Multiple Listing Service (MLS). The Bahamas MLS database contains all properties listed by participating brokers and has the most accurate information. You can also search for properties by examining their photos and virtual tours. The IDX logo indicates that the listings are listed by other brokerage firms other than the office owner. However, the information is not guaranteed to be accurate. Therefore, you should research the real estate market in the Exuma islands carefully before buying a piece of Bahamas property.
Exuma Cays are a chain of islands located in the Bahamas. Exuma’s beaches have received international recognition as some of the finest in the world. In fact, Coastal Living and Flight Network have both rated Pig Beach in the Exuma Cays as the best beach in the world. This beautiful island features untouched sand and turquoise water. You may even encounter wild pigs while strolling on the beach.
A beautiful island with pristine waters, the exumas are perfect for family vacations. Famous faces have vacationed here in the past. Exuma also boasts a low Bahamian tax regime for non-locals, making it an ideal place to buy a piece of paradise. Celebrities include Faith Hill, David Copperfield, and Johnny Depp. The Chinese president recently signed a deal with the Bahamas to allow Chinese citizens to trade in the Chinese Reninbi currency. The Bahamas Agriculture & Marine Science Institute also has a partnership with China Ocean University.