Exuma, often called "The Exumas" is an area or district of The Bahamas, made up of over 365 islands and cays with the largest being Great Exuma, connected by a bridge to Little Exuma, and the smaller surrounding cays.
The area is about 35 miles southeast of Nassau and is reached via direct international flights in and out of Exuma International Airport (GGT).
To find property for rent by owner in Bahamas (often abbreviated as FRBO), a combination of online platforms, local resources, and direct word-of-mouth can be used.
Websites that are set-up for FRBO, allow filtering for owner-listed rentals, and when searching be sure about what you want such as location, budget, and the type of housing.
Never wire money or send deposits before seeing the property, and ask for a lease and verify ownership if possible by using local property tax records.
Buying a property or house that is then set up as a "for rent by owner" (FRBO), is usually one that is intended to be rented out without the assistance of a property manager.
When a suitable property has been found evaluate the property as an investment, and ask for current rental rates and payment history, maintenance records, property expenses such as taxes, insurance and utilities costs.
You can work directly with the owner or hire a real estate attorney or buyer's agent to help draft an offer, but before making an offer perform due diligence such as hiring a licensed home inspector and ensure there are no liens.
If considering buying an investment property that is currently a rental, there is the option to contact the manager or proprietor of a Exuma Bahamas property for rent by owner, and then use a title company or closing attorney to handle the purchase process.
The Bahamas is famous for its breathtaking beaches with crystal-clear waters, white sand, and ideal weather and owning property here means you get to enjoy these serene landscapes year-round.
