Caribbean MLSReal Estate

3 bedroom Residence for sale in San Salvador, The Bahamas

Available on request

The brief

The reason to consider it.

This fabulous island home rests on a hilltop site, perched 35 to 40 ft above sea level, stretching to the waterfront. The home was rebuilt in 2006 to 2007 and features 3 bedrooms and 1 and a half baths, living room and dining area, a tiled kitchen and bathrooms, and an attached garage. Also included are an outdoor shower and laundry room. Situated across the street, just 300 ft away, from spectacular Grotto Bay and the Grotto Bay gazebo. Property is zoned multi-family and allows for additional building. In addition, there is great rental potential. The house is watertight and hurricane damage to the roof has been repaired. The property is offered at a discount due to hurricane damage to the front deck. Repair of any damage will be the buyer’s responsibility.

Last confirmed

Year built
2006
Type
Villa
Land
17,804 ft²

What this listing includes

  • Kitchen
  • Laundry
  • Parking
  • On-site security
  • Ocean view

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