Caribbean MLSReal Estate

26 GALLINULE DR. YEOMAN WOOD

Available on request

The brief

The reason to consider it.

This single family property happens to be located in an up and coming area where there is new construction of homes. The location is very convenient for both to the center of the town as well as beaches and entertainment areas and with an annual service charge of only $40.00 per year.

Last confirmed

Type
Land
Land
13,896 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