Hi all, I'm planning to invest in an apartment in either Grand bahamas or Nassau areas for now before moving there in person. Have been checking with some real estate agents. However, the prices which have been quoted seems high and most of the agents are not licensed. Does all the licensed real estate agent/ broker there should have a license or legal ID no. to be provided?
Also, how much roughly per sqm for a studio/ 1 bedroom unit for sale in city downtown areas?
How much will be the monthly rent for this size as well in case if it's too expensive, then might think to rent for a unit at the beginning when I will be there.
As heard that there is no income tax there for non resident foreign buyer even though the purchased property will be rented out with income, is that true?
In the investment side, after using the yearly rent income and remove the HOA, divide by the property cost, what should be the expected Net ROI/ rental yield to be considered as a good investment there? Any suggestion? Or, better Nassau/ grand bahamas for having a good long term tenant. Which areas will be suggested?
Also if there's any honest, reputable real estate company/ agent who can be introduced? Also, for the real estate attorney, any good one to recommend too in the city?
Thanks much!!
Also, how much roughly per sqm for a studio/ 1 bedroom unit for sale in city downtown areas?
How much will be the monthly rent for this size as well in case if it's too expensive, then might think to rent for a unit at the beginning when I will be there.
As heard that there is no income tax there for non resident foreign buyer even though the purchased property will be rented out with income, is that true?
In the investment side, after using the yearly rent income and remove the HOA, divide by the property cost, what should be the expected Net ROI/ rental yield to be considered as a good investment there? Any suggestion? Or, better Nassau/ grand bahamas for having a good long term tenant. Which areas will be suggested?
Also if there's any honest, reputable real estate company/ agent who can be introduced? Also, for the real estate attorney, any good one to recommend too in the city?
Thanks much!!
