Real Estate in New Providence, Bahamas

By Betsy Burlingame

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," explained one expat living in New Providence, Bahamas.

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William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.
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What is a typical expat home or apartment like in New Providence?

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