Caribbean MLSReal Estate

4 bedroom Apartment for sale — BUNCHES, SIMMS SETTLEMENT in Long Island, The Bahamas

Available on request

The brief

The reason to consider it.

Spanning an impressive 1.5 acres, this generous parcel provides ample space to bring your vision to life. With open zoning, the possibilities are endless. From private get away boutique resort to charming bed and breakfasts, this property holds the key to your entrepreneurial aspirations. Situated North of Simms Settlement, this property consists of 2 single family dwellings as well as a partially completed Restaurant & Bar. The property’s crown jewel is its close proximity to Simms Beach, ensuring breathtaking views and easy access to the shimmering waters. Whether you envision building your private sanctuary or launching a thriving hospitality venture, this property awaits your artistic touch. Discover the allure of Long Island renowned for its natural beauty, welcoming atmosphere, and gorgeous beaches. Picture yourself basking in the warm tropical breeze, strolling along pristine shorelines, and exploring the vibrant local culture. Explore the endless possibilities that await you.

Last confirmed

Type
Apartment
Land
10,323 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