Caribbean MLSReal Estate

2-3 Nina Circle

Available on request

The brief

The reason to consider it.

This exceptional investment opportunity features two side-by-side canal lots in the prestigious Fortune Bay subdivision of Freeport, totaling approximately 36,000 square feet. Zoned Multi-Family High-Rise, these lots offer incredible versatility for developers or those seeking a private estate. The property boasts 290 feet of canal frontage at the end of the system, ensuring maximum privacy and no through-traffic. Meticulously prepared for construction, the land is fully cleared, surveyed, and fenced. The grounds are thoughtfully landscaped with over 50 coconut trees and 70 Eureka palms, supported by an installed drip irrigation system. These lots sit at a distinct elevation advantage compared to neighboring parcels, offering both aesthetic appeal and peace of mind. Boaters will appreciate the deep-water access directly off the canal wall. Perfectly situated near top-rated schools, shopping, and white-sand beaches, this location is ideal for high-density residential living or a luxury waterfront oasis.

Last confirmed

Type
Land
Land
36,005 ft²
Zoning
Multi-Family High-Rise
Topography
flat
Build ready
Yes
Subdivision approved
Yes
Water
Yes
Electricity
Yes
Mains drainage
Yes
Permitted uses
Multi family, High rise

What this listing includes

  • Water storage
  • Backup generator
  • 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