Caribbean MLSReal Estate

4 Bronze Drive

Available on request

The brief

The reason to consider it.

This multi-family vacant lot in Fortune Point Unit 2 offers a fantastic opportunity for anyone wanting to build a home or develop an income-producing property. It’s conveniently located near beautiful beaches and local attractions like Gardens of the Groves and Port Lucaya. It’s also ideal for those who want to be close to exciting upcoming projects like the Six Senses Resort or to invest in potential rentals for Carnival’s Celebration Key.

Last confirmed

Type
Land
Land
40,494 ft²
Zoning
multi-family

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