5 bedroom Apartment for sale in LUCAYAN GLENN
Available on request
25 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The reason to consider it.
This multi-unit investment property, located less than a mile from Celebration Key, sits on a half-acre lot and offers strong income potential. The development includes three two-bedroom, two-bathroom apartments, three one-bedroom, one-bathroom townhouses, and a 15’ x 20’ incomplete pool. The structure is unfinished but comes with completed plans. With annual service charges of only $100, this property presents an excellent opportunity for both long-term and short-term rental investment. As part of the sale, the seller is also including an additional one-acre parcel of land located just a few miles away.
Last confirmed
- Type
- Apartment
- Land
- 21,431 ft²
- Year built
- Available on request
What this listing includes
- Pool
- Parking
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
The asking price is not what it costs.
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