Caribbean MLSReal Estate

3BR Single Family Home Lucky Star Hope Town

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 flat that commands $2,500+ a week in income, offering 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. The west-facing commercial space along Front Street is a prime location in the Hope Town Settlement leased as office/retail space. It has a restroom, a large entertaining deck, and a 120 sq. ft. ramp for deliveries and wheelchairs. A generous utility room serves as the owner’s storage, powered by a standby 20kw generator, and has 6000 gallons of water storage split into three areas.

Last confirmed

Year built
2006
Type
House
Land
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