Caribbean MLSReal Estate

52 Room Motel, Restaurant and Bar for Sale

Available on request

The brief

The reason to consider it.

Welcome to the ultimate opportunity in hospitality and entrepreneurship! Presenting a prime investment: a 52-room motel, complete with a restaurant and bar, nestled on a generous 1.5-acre corner lot at the intersection of Carmichael and Faith Ave. This meticulously maintained property offers a perfect blend of convenience, comfort, and profitability. Whether you’re seeking a lucrative business venture or an expansion opportunity, this establishment promises endless potential. Don’t miss out on your chance to own a piece of hospitality excellence in a coveted location!

Last confirmed

Year built
1995
Type
Commercial
Land
65,337 ft²
Use
Hospitality

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