Caribbean MLSReal Estate

2 bedroom Residence for sale in Abaco Islands, The Bahamas

Available on request

The brief

The reason to consider it.

This is a wonderful opportunity for those looking to own a property in the beautiful seaside community of Cherokee Sound. This charming 1,000 square foot Bahamian home renovated in 2008 is located in the heart of Cherokee Sound offers a good starting point for a young family or anyone for that matter. There is also a small shed with 100 sq. ft. The property boasts ample room for outdoor living, gardens, and even a pool. There is also a boat ramp and public dock nearby. There is a well-stocked grocery store as well as a gas station/convenience store on the Harbour. This is an extraordinary chance for the right person to own a piece of paradise in Cherokee Sound. Do not miss out on this rare chance to make your dream of island living come true.

Last confirmed

Year built
2008
Type
House
Land
6,997 ft²

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