Caribbean MLSReal Estate

3 bedroom Residence for sale — 26 JOHNSON TERRACE in Nassau / New Providence, The Bahamas

Available on request

The brief

The reason to consider it.

Fixer-upper off the Eastern Road for sale! In need of TLC, this quaint home has great potential, featuring a spacious living and dining area, three (3) bedrooms and two (2) bathrooms. The current driveway of this elevated property can accommodate up to two (vehicles), with more front yard space to create additional parking. The poured rear patio provides ample space for outdoor entertainment.

Last confirmed

Type
House
Land
4,273 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