Caribbean MLSReal Estate

5 bedroom Residence for sale in Abaco Islands, The Bahamas

Available on request

The brief

The reason to consider it.

Discover the endless possibilities with this multi-family fixer-upper, ideally located in a prime residential neighborhood within a thriving commercial area. This split-level property features two separate units: a spacious 3-bedroom, 2-bath main home and an additional 2-bedroom, 1-bath unit, offering flexibility for both living and investment opportunities. Set on a 15,796 sq ft corner lot at Forrest Drive and Crockett Drive, the property provides ample space for creative renovations, expansion, or future development. With 1,444 sq ft of interior space, this home is ready for a visionary touch to unlock its full potential. Positioned in a dynamic and convenient location, this offering of lot 42 & 43 Dundas Town is perfect for those seeking to invest or build in a sought-after area. Don’t miss the chance to shape your future here—schedule a viewing today!

Last confirmed

Type
House
Land
15,844 ft²
Year built
Available on request

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