Caribbean MLSReal Estate

1 bedroom Residence for sale

Available on request

The brief

The reason to consider it.

This prime waterfront lot has a partially completed cottage positioned on the highly desirable Fringe Close. This rare 0.81-acre (35,429 sq ft) lot offers 298 feet of direct waterfront on the scenic Grand Lucayan Waterway—with direct access to the ocean and concrete seawall which is seperated into 3 angles so there is lots of space for boat docking for large boats. There is no boat wake because it is located at the end of the canal. This property is private and quite. Zoned multi-family high-rise, this property presents an exceptional opportunity for developers or investors seeking to build another cottage and main house, apartments, or an upscale residential complex. Utilities are already in place, streamlining your development timeline. With its unbeatable location, zoning flexibility, and expansive water frontage, this is one of the most attractive investment-ready parcels available on the island for your ideal vision to add villas, cottages or whatever you desire.

Last confirmed

Type
Land
Land
34,423 ft²

What this listing includes

  • Dock or mooring
  • Ocean view
  • Parking
  • On-site security

What people say about Bahamas

Sources agree that foreigners can own Bahamian property outright and that an ordinary home purchase needs a registration filing through a Bahamian lawyer, not a discretionary permit.

  • Positive Foreign buyers mostly register rather than seek a permit; permit applies to large or commercial land
  • Mixed Closing costs are dominated by a 10% transfer VAT for foreign buyers, usually split with the seller, plus legal fees
  • Mixed Annual property tax is being reshaped in 2026 (new foreign owner-occupied category), and Bahamian realtors dispute fairness
  • Concern Vacant land owned by foreigners carries a notably heavier tax until built on

Read what people say, based on 14 sources

Cost of entry

The asking price is not what it costs.

What completing costs

US dollars

Who bears the transfer cost is market practice, not law