Caribbean MLSReal Estate

4 bedroom Apartment for sale - 17 MONTROSE PLACE

Available on request

The brief

The reason to consider it.

Introducing an excellent investment opportunity in Bahamia West Replat, one of Grand Bahama’s established residential communities. This incomplete duplex sits on a generous 0.29-acre lot, offering the ideal foundation for a future income-producing property. With its solid structure already in place, this build allows the next owner to customize finishes and layout to their vision—whether completing both units for long-term rental income, short-term stays, or a combination of personal use and investment. This property presents future income potential for the savvy buyer.

Last confirmed

Type
Apartment
Land
12,626 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