If you’re daydreaming about sky-high ceilings and blossoming courtyards, sun-soaked living rooms, and contemporary architecture, renting or buying a luxury home in The Bahamas might be the perfect fit for you.
At Better Home & Gardens MCR Bahamas, we are passionate about finding the right luxury Bahamas real estate for our clients, from homes in Nassau private communities to the private islands with the best beaches in The Bahamas.
Buying Mansions in The Bahamas
You’re not the only one craving luxury in The Bahamas. History shows upticks in luxury home sales in the Bahamas after recessions, and post-pandemic is no exception. Of course, luxury comes at a cost. The average luxury Bahamas home price is around $3.5 million, and you can expect to pay up to or over ten times that for the most luxurious homes.
Imagine the possibilities of living in a luxurious mansion in The Bahamas–you’d live life at a scale and pace no other place in the world could offer.
Here’s what a Bahamian luxury mansion can offer you:
Land & privacy
Just one of the luxury real estate listings at MCR Bahamas includes a mansion on a private island in Exuma that comes with 220 acres of land, a 10,000 sq ft. interior, 20 bedrooms, and 20 full bathrooms.
The island is completely self-sufficient, with all utilities underground, including water, sewage, and power supply. You can enjoy privacy or host hundreds in this luxury Bahamas mansion–and many more.
Luxury mansion in The Bahamas often offer extensive land and square footage. Of course, depending on if you’re choosing a private island or living in a luxury community, the level of privacy will vary.
Bahamian mansions offer endless possibilities for customization. You can live life your way, whether in a Brazilian dolomite-marble kitchen with gothic interior design or a minimalist living room with tons of open space.
Whether you purchase a mansion with a beautiful interior you’d just like to decorate, or choose one that might need some changes but has a perfect location, there are always opportunities to personalize your new home.
The Bahama’s sun, sky, and sea is often one of the main reasons people move to the islands. Mansions on the water designed to protect from the elements while also provide a vista to nature are therefore one of the most popular picks when it comes to luxury Bahamas real estate.
Where to Buy Bahamas Mansions
Purchasing real estate is always about location. The neighborhood, its character, amenities, and the communities that breathe life into it all play a role in your luxury home purchase.
Let’s look at some of the more sought-after neighborhoods in The Bahamas. There’s something for everyone, whether you prefer busier, more bustling areas with an international feel, or more intimate settings, with quiet waterfronts. And know that these are just a few options–there is a perfect place for everyone in The Bahamas!
Population: Under 1,000
Location: North-West of Nassau
Known as the “Fish Bowl of The Bahamas”, the Berry Islands are a cluster of 30 islands and 100 cays (small islands), totaling 12 square miles of landmass. With a population of under 1,000 and few (but popular) hotels throughout, the islands are perfect if you desire an intimate environment for your luxury abode.
Ready to embrace complete tranquility on the Berry Islands? Explore Berry Islands listings.
Eleuthera & Harbour Island
Population: Under 2,000
Location: North-East of Nassau
Lined with pink sand beaches, these two islands sit just five minutes apart (via ferry). Among their flower-filled streets, you’ll marvel at the homes’ beautiful, signature New England-style architecture.
Are you dreaming of romance, privacy, and vivid flowers? Browse Eleuthera listings.
Old Fort Bay
Location: West Coast of New Providence island
Home to Shania Twain and Shakira, Old Fort Bay is a clubhouse based in an 18th-century fort. If you want to join a private and gated community, living life at the highest of echelons, you’ll have to look no further.
The Old Fort Bay provides just that and more for those seeking a highly exclusive and lavish living experience.
Does elite living and exclusivity sound appealing? Check out Old Fort Bay listings:
How to Buy a Mansion in The Bahamas
Here’s what you need to know about purchasing a mansion in The Bahamas:
Luckily, purchasing a luxury home in The Bahamas does not require citizenship or residency. In fact, buying and owning a Bahamian home could actually lead to citizenship or residency. Read our Bahamian Citizenship Guide for more.
Luxury Bahamas mansions cost an average of $2.5 million, but can range from half a million to over $100 million. It’s best to contact different banks and compare mortgage rates and terms. For example, non-residents–including expatriates living in The Bahamas under a work permit– can access cash from First Caribbean under the bank’s International Mortgage service.
Homes valued above $2.5 million will have a mortgage rate of 60%. Here are some of the best banks in The Bahamas for mortgages.
Get your documentation for the mortgage application ready. This includes:
- Valid passport
- NIB Smartcard for identification
- Telephone, water, or electricity bill to confirm your residential address
- Letter from your employer and your most recent salary slip
- Copies of recent bank statements or a bank reference from your banker (if you are a self-employed customer)
- Agreement for sale: if you are buying a property; this would be a letter from the person selling the property
- Approved construction plans along with a construction estimate if you plan to build. The mortgage issuer also requires an appraisal of the property, whether you are buying or building a home.
Finding the right real estate agent is one of the most important parts of your luxury Bahamas search. Luckily for you, Better MCR Bahamas offers experienced, enthusiastic professionals who can’t wait to help you find your luxury home. Explore our real estate team or get in touch with us today!
Mansions in The Bahamas for Rent
The Bahamas is a beautiful country, and the crystal clear waters are enticing, but maybe you aren’t looking for a long-term commitment. Perhaps you only need to visit–and renting a Bahamas mansion is the solution.
Renting poses many benefits. Costs aside, it’s enticing to be able to try rentals all across the islands before making a purchasing decision. Or, you might only have a few weeks–or a summer–to spend.
At MCR Bahamas, we can help you find properties across The Bahamas for less than $2,000 monthly…or upwards of $20,000. So let’s take more of a look at renting luxury mansion in The Bahamas.
Where to Rent Mansions in The Bahamas
The beauty of renting is that you can be mobile. With no-strings-attached, you can switch from one part of the islands to the next. Our rentals are primarily located in Nassau and New Providence, but we have offerings all throughout the islands.
So, with the freedom to decide where you’d like to crash each month, the choice is all yours! Pick from our luxury rental listings.
How to Rent a Mansion in The Bahamas
With minimal hassle, you could stay at different luxury Bahamian homes each month if you wish.
Are you wondering what you need to do before renting? Make sure you ask your landlord about pets, parking, and everything else on our list of Bahamian rental questions.
If you’re having trouble picking a place or can’t make it to a viewing, book a 3-D virtual tour upon request for any of our luxury rental listings.
And of course, if you have any further questions about renting and cannot find the answer online, do not hesitate to call, email, or visit our office today. You’ll also find all our contact information online.
FAQs on Mansions in The Bahamas
Are houses expensive in The Bahamas? How much does property in The Bahamas cost?
Generally, homes in The Bahamas can be expensive. While the average cost of luxury Bahamas real estate is around $2.5 million, you can find homes for an upward of $100,000,000–but also at around half a million.
Are Bahamas Mansions on Airbnb?
Yes, luxury Bahamas mansions are available on Airbnb. But the best luxury home rentals come with stellar real estate representation–like MCR Bahamas–who know about the best Bahamas luxury mansion rental options, including those not listed on vacation rental platforms.
Conclusion: Find a Mansion for Sale in The Bahamas
You want to experience paradise–and we want to help you with that. At MCR Bahamas, we work with people relocating to our beautiful islands from all over the world. We assist them in the transaction from start to finish, with a focus on people, relationships, and our community.
Call one of our agents and take the leap toward securing your Bahamas mansion.