50 50 Ocean Drive
Available on request
10 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The brief
The reason to consider it.
Beautiful elevated building lot located in Long Beach South Abaco. This area is starting to thrive with lots of new construction going on. The beach is absolutely one of the best beaches in Abaco. Electricity and water hookup available at the boundary. There is a $15,000 fee for the initial water hookup.
Last confirmed
- Type
- Land
- Land
- 82,365 ft²
- Topography
- hilltop
- Water
- Yes
- Electricity
- Yes
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
Cost of entry
The asking price is not what it costs.
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