Caribbean MLSReal Estate

4 bedroom Residence for sale — PALM BREEZE DRIVE N.P.

Available on request

The brief

The reason to consider it.

In a much desired area of the southwestern Island of New Providence this property offers a generous size parcel of land with a family home thereon consisting of 4 bedrooms 4 bathrooms, kitchen, living room, dining room, family room, work room, utility room and a storage room. The rooms are spacious and the house needs some TLC to bring it back to its former glory. The grounds are enclosed and lushly landscaped with a gazebo that needs repairs. You can enjoy the quietness as the house is situated a good distance from the road thus minimizing the traffic noise. Because of its size this property can accommodate multiple buildings, i.e apartments/houses. Social amenities are nearby and a police station government clinic, schools and restaurants are just minutes away by car. Must see to appreciate.

Last confirmed

Type
Villa
Land
35,004 ft²
Interior
Available on request
Year built
Available on request

What this listing includes

  • Garden
  • Terrace
  • BBQ area
  • Parking
  • Kitchen
  • Storage

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