Caribbean MLSReal Estate

5 bedroom Residence for sale

Available on request

The brief

The reason to consider it.

Introducing Lots 15 & 17 on Spanish Main Drive, a rare and extraordinary opportunity to acquire a true slice of paradise in one of the most prestigious and desirable waterfront communities in The Bahamas. This remarkable double-lot estate offers an unmatched blend of privacy, elegance, and world-class amenities, perfectly positioned between both the sparkling Atlantic Ocean and the tranquil canal waters that define the essence of maritime luxury living. Featuring the stunning Villa Alegria and the elegantly crafted Yacht House, this estate represents the pinnacle of coastal sophistication—where lifestyle, architecture, and nature exist in perfect harmony. Villa Alegria stands as the crown jewel of the oceanfront parcel, boasting an impressive 150 feet of pristine, powder-soft beachfront. The sound of gentle waves, the crisp ocean breeze, and the uninterrupted turquoise horizon set the tone for everyday living. Offering approximately 3,851 square feet of thoughtfully designed living space, the interiors reveal a seamless flow that is both grand and welcoming.

Last confirmed

Type
Villa
Land
71,924 ft²
Year built
Available on request

What this listing includes

  • Beachfront
  • Ocean view
  • Private pool

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