4-bedroom apartment in Palm Cay with boat slip
Available on request
The brief
The reason to consider it.
Two-story turnkey condo at 20 Galleon Bay, Palm Cay. The unit offers four bedrooms and three bathrooms across approximately 1,775 sq ft (about 164.9 m²) of interior living space, built in 2023. Turnkey, newly built 2023. The sale includes Boat Slip 8 at Pier 1 (50’ x 17.6’); the slip is freehold.
- Interior: 1,775 sq ft (approx. 164.9 m²)
- Lot / development grounds: 2.00 acres (approx. 8,093.72 m²)
- Boat slip: Slip 8, Pier 1 — 50’ x 17.6’ (freehold)
- Resort amenities: 24-hour security, white-sand beach and beach club, marina with restaurant and full-service marina store, spa and wellness center, tennis courts, concierge services
Ownership at Palm Cay grants the right to purchase a membership that provides access to the community amenities listed above.
- Year built
- 2023
- Type
- Apartment
- Land
- 87,123 ft²
- Media on file
- Available on request
What this listing includes
- Marina
- Dock or mooring
- Spa
- Tennis court
- Concierge
- On-site security
- Restaurant or bar
- Furnished
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
Cost of entry
The asking price is not what it costs.
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