Caribbean MLSReal Estate

11 Harbour Colony II

Available on request

The brief

The reason to consider it.

A rare and extraordinary opportunity awaits at Harbor Colony on Paradise Island, where a prime multifamily land presents an exceptional canvas for visionary development. Overlooking tranquil waters in one of the Bahamas’ most coveted locations, this ready-to-build parcel represents a singular chance to create a prestigious residential enclave in a community where multifamily opportunities are exceedingly scarce. This exceptional parcel at Harbor Colony offers a rare convergence of location, zoning, and potential that distinguishes it as one of Paradise Island’s most compelling development opportunities. The multifamily designation creates unprecedented flexibility for sophisticated investors and developers seeking to establish a distinguished residential presence in this exclusive enclave. The property arrives fully prepared for construction, eliminating preliminary obstacles and expediting the path to realization.

Last confirmed

Type
Land
Land
6,405 ft²
Zoning
multifamily
Topography
flat
Build ready
Yes
Subdivision approved
Yes
Water
Yes
Electricity
Yes
Permitted uses
Multifamily

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