Caribbean MLSReal Estate

3 bedroom Residence for sale — Lucky Star Hope Town – MLS 60039 in Abaco Islands, The Bahamas

Available on request

The brief

The reason to consider it.

Situated on a double lot in the heart of Hope Town’s Historic Settlement, this commercial/residential building is a rare opportunity with three rental income opportunities. Moonlight penthouse is a two-bedroom, two-bath, second-story flat that commands $2,500+ a week in income. It offers views of both the harbor and the Atlantic Ocean. Downstairs, Nooky-Nook, an open floorplan studio commanding $1000/week, features a deck overlooking Lovers’ Lane (steps away from Vernon’s grocery, beach access, and the Lower Public Dock). The west-facing commercial space along Front Street is a prime location in the Hope Town Settlement and is currently leased as office/retail space. In addition, it has a restroom, a large entertaining deck, and a 120 sq. ft. ramp, useful for deliveries, strollers, and wheelchairs. A generous utility room services the rental units and functions as the owner’s storage area. A standby 20kw Perkins generator powers the entire building, and approximately 6000 gallons of water storage are split into three separate areas.

Last confirmed

Year built
2006
Type
Villa
Land
5,748 ft²
Media on file
Available on request

What this listing includes

  • Ocean view
  • On-site security
  • Backup generator
  • Water storage
  • Storage
  • Kitchen

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