Caribbean MLSReal Estate

#18 BLACKBEARD TERRACE SUBDIV

Available on request

The brief

The reason to consider it.

Spacious 19,810 sq. ft. single-family lot located in the peaceful and well-established community of Blackbeard Terrace off Eastern Road. The property includes a solid existing foundation, offering a head start for your future home build. This charming suburban neighborhood is known for its well-maintained estates, lush landscaping, and quiet, family-friendly atmosphere. Conveniently situated near schools, grocery stores, restaurants, marinas, and beaches, it provides a perfect balance of comfort and convenience. Ideal for families looking to settle in one of Eastern New Providence’s most desirable areas, this lot presents a rare opportunity to build your dream home in a safe and scenic residential setting.

Last confirmed

Type
Land
Land
19,795 ft²
Zoning
single-family
Subdivision approved
Yes

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