5 bedroom Residence for sale on ROYAL PALM WAY in Grand Bahama, The Bahamas
Available on request
39 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The reason to consider it.
Golf- course and waterfront at the same time, in the Bahamas, with the best beach footsteps away and income potential? It is possible! This 5 bedroom home offers durability, comfort, and an unbeatable location just a 3-minute walk to Lucayan Beach and 15 minutes to Port Lucaya Marketplace. Constructed with a steel frame, reinforced concrete panels, and a wind-resistant metal roof, impact-rated windows and doors. On the 1st floor enjoy 10-ft ceilings, 4 bedrooms and an office, dual-zone central air conditioning, elevated construction, and a large bright screened-in porch/ Bahama room overlooking the golf course and lake. Upstairs multi purpose 1543 sq ft loft could be made into an apartment with a separate staircase and used for rental income! Property offers a low-maintenance garden with fruit trees, vegetables, a garage/workshop. Peaceful lake views, frequent visits from ducks and turtles you can feed, and fully furnished, this home is move-in ready and ideal for living or investing, with most beautiful beach on the island just steps away. No property tax! Land service fee 154/year.
Last confirmed
- Type
- Villa
- Land
- 16,996 ft²
- Year built
- Available on request
What this listing includes
- Golf course
- Water storage
- Garden
- Furnished
- Air conditioning
- Parking
- On-site security
- Beachfront
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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