Location : Eleuthera, Caribbean
Property Type: New Construction HomeProperty Terms: For SaleLocal Currency Price: Price in USD: Contact For Price
Buying off-plan developments properties that are sold before they are completed—offers several potential benefits for investors and buyers.
Properties are often priced lower compared to completed properties and buyers can lock in a price before the market value increases, potentially offering significant capital gains by the time the property is completed.
Capital appreciation can be advantageous as the project progresses, where property values in the area may increase, leading to higher market values by the time the property is ready.
New construction developments typically meet the latest building codes and energy efficiency standards, which can lead to lower maintenance costs and improved comfort.
Longer-term payment plans may be offered in installments throughout the construction process, which can ease the financial burden. The final payment is usually due upon completion, allowing time to save for the last portion of the cost.
If buying as an investor, especially with off-plan properties in growing areas can provide a strong rental yield once completed.
Warranty and Guarantees often come with new builds, which provide buyers with peace of mind regarding any defects or issues that may arise in the early years of ownership.
Some regions offer tax incentives, rebates, or other financial benefits for new developments, especially those under certain conditions (e.g., energy-efficient homes).
Why Buy or Invest in New New Real Estate Developments in Bahamas.
The Bahamas has no income tax, no capital gains tax, no inheritance tax, and no wealth tax. This makes it an appealing place for wealthy individuals and investors looking to minimize their tax obligations.
The Bahamas is a world-renowned tourist destination, drawing millions of visitors each year. Real estate investors often benefit from the steady demand for vacation rentals, hotels, and resorts. The government's efforts to attract more international visitors and boost tourism offer long-term growth potential for the real estate sector.
Located just 50 miles off the coast of Florida, the Bahamas offers easy access to the United States. This proximity makes it an ideal location for Americans seeking second homes, vacation properties, or business opportunities.
The Bahamas offers residency opportunities through investment in real estate. By purchasing property, especially off-plan that meets certain value requirements, investors may qualify for permanent residency, providing access to a range of benefits like visa-free travel to multiple countries.