Caribbean MLSReal Estate

11 East Beach Drive

Available on request

The brief

The reason to consider it.

This exceptional 10-acre parcel is ideally situated in the center of Freeport’s thriving residential and commercial district. Offering a rare opportunity for housing or mixed-use development, this property provides ample space and flexibility for visionary builders and investors. Conveniently located just minutes from schools, churches, shopping centers, and downtown Freeport business district, the tract also enjoys quick access to both Grand Bahama’s domestic and international airports. With its combination of location, size, and accessibility, this property truly stands out as a one-of-a-kind investment opportunity in one of Freeport’s most desirable areas.

Last confirmed

Type
Land
Land
430,567 ft²
Zoning
mixed-use residential
Permitted uses
Housing, Mixed use development

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