Caribbean MLSReal Estate

3-bedroom house in Pinewood Gardens, Nassau

Available on request

The brief

The reason to consider it.

Property is not available for the next six months and there is no access to the interior; viewings are by drive-by only.

  • 3 bedrooms, 1 bathroom
  • Interior: 5,000 sq ft (464.52 m²)
  • Lot size: 5,000 sq ft (464.52 m²)
  • Quiet residential neighbourhood close to shopping, public transportation and schools
Type
House
Land
5,005 ft²
Year built
Available on request

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