Thursday, December 4th, 2008
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Nassau Vacation Packages

Nassau Bahamas Real Estate

by Kate Satorius

If you've visited Nassau and fallen in love with it, you might be considering purchasing a permanent place to stay in the area. House-hunters in Nassau have a range of options. The best residences for you will vary depending upon your income, lifestyle, and availability for travel.

Time-shares tend to be the least expensive and most flexible choice, and are good for those who love the area but aren't ready to make a full, year-round commitment. If you're retired or are seeking a second home, a condo might be a better option. Many resorts in and around Nassau reserve units to sell as condominiums, which the owner may either live in full-time or rent out to vacationers.

Single-family homes are available as well, with the ones closest to the beach being the most desirable and most expensive. You can expect to pay well upwards of $500,000 for a well-kept four-bedroom house (or condo) in a good location. A luxurious estate can run far into the millions.

Investment properties are popular in the Bahamas, and can be quite lucrative. You can purchase a parcel of vacant land on which to build your own development, or you can buy a condo, apartment, or beach house to resell or rent to vacationers. Buying property around Nassau is considered a relatively sound investment, as the market there has been strong for several years.


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