PURCHASE COSTS

Bahamas Property Purchase Calculator

Understand the costs of purchasing real estate in The Bahamas. Enter a property price to calculate your estimated closing costs and total investment.

Property Details

Purchase price

Property type

Purchaser type

Closing Costs

Buyer's share of conveyance VAT50%Customarily shared equally between buyer and seller, but negotiable.

Legal fees (of price)1.50%

Additional expenses

Real estate commission6%Standard 6% for this property type. Adjust for a negotiated rate.

Buyer responsible for commission

Commission is typically paid by the seller.

Additional Options

Appraised / assessed value (optional)

Conveyance VAT is assessed on the taxable value, which can exceed the price if the government assessment is higher.

Financing

PRIVATE GUIDANCE

Considering a Property in The Bahamas?

Whether you're purchasing your first home, an investment property, or a private island, I'd be happy to help you navigate the process.

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This calculator provides estimates for informational purposes only. Actual closing costs, government taxes, legal fees, exemptions, and other charges may vary depending on the transaction. All figures should be confirmed with a qualified Bahamian attorney and the relevant government authorities.