Caribbean MLSReal Estate

1 bedroom Residence for sale at 60 RAINHAM PLACE in Grand Bahama, The Bahamas

Available on request

The brief

The reason to consider it.

Escape to this exclusive canal-front retreat in secluded Dover Sound. This 1-bed, 2-bath sanctuary offers stunning views of turquoise waters, ideal for couples or solo travelers seeking serenity. Additionally, there is a queen-size pull-out so it can sleep (4) four to bring friends. Boaters will appreciate private canal access with, water and power access on canal wall, with boat cleats available for vessels up to 40′.

Last confirmed

Type
Villa
Land
12,002 ft²
Year built
Available on request

What this listing includes

  • Ocean view
  • Dock or mooring
  • 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