Caribbean MLSReal Estate

3 bedroom Residence for sale

Available on request

The brief

The reason to consider it.

This estate home is now available for sale. Perched ideally on an 80 foot hill, this property commands incredible view of Nassau and Paradise Island. Situated on over two acres of multi family zoned land, the estate features a 2600 square foot main home, caretakers cottage, pool and gazebo and two car garage. Property is fully enclosed featuring an automatic gate and private driveway. Main home features 3 bedrooms, 3 bathrooms, large kitchen and dining area, living area and bar. With the right vision and some renovations, this property would be an ideal estate home. Alternatively, with 2 acres of multi family zoned property, a savvy investor could create any myriad of options for a fantastic return on their investment. Whether building a collection of townhomes or simply severing the land into attractive parcels, the options create an attractive investment opportunity.

Last confirmed

Type
Villa
Land
85,056 ft²
Year built
Available on request

What this listing includes

  • Pool
  • Garden
  • Terrace
  • BBQ area
  • Ocean view
  • City view
  • On-site security
  • Gated community

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