Caribbean MLSReal Estate

4 bedroom Residence for sale - 15 OAKES FIELD, Nassau / New Providence, The Bahamas

Available on request

The brief

The reason to consider it.

This Oakes Field commercial & residential property is 14,833 square feet & the owner is ready to sell!! It is opposite C.C. Sweeting. The plot plan is inserted among the photos. The appraisal is also available. The 4-bed 1-bath house with 980 square feet of floor space on the property needs lots of repairs, but the real value is in the 14,833 square foot lot. This property can be a great location for a business in Oakes Field. The property is in the center of everything: COB, fast foods, banks, movies, across the road from C.C. Sweeting, auto repair shops, the sports center, and much more!

Last confirmed

Type
House
Land
14,833 ft²
Year built
Available on request

What this listing includes

  • Parking
  • Air conditioning
  • 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