Caribbean MLSReal Estate

5 bedroom Residence for sale in Abaco Islands, The Bahamas

Available on request

The brief

The reason to consider it.

Complete your dream home in the gated waterfront community of Leisure Lee. This property is set between a deep-water canal and pristine beachfront with direct access. Built on an extremely strong, elevated concrete block foundation, the approved design features 5 bedrooms, 5 bathrooms, and an open-concept main living space. The ground floor is thoughtfully planned to include a 2-bed, 2-bath suite ideal for Airbnb/rental income. Conveniently located near airports, golf, and marina facilities, this property combines lifestyle appeal with excellent investment potential.

Last confirmed

Type
Villa
Land
10,441 ft²
Year built
Available on request

What this listing includes

  • Beachfront
  • Beach access
  • Gated community
  • On-site security
  • Ocean view

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