Caribbean MLSReal Estate

7 bedroom Residence for sale — WEST BAY STREET in Nassau / New Providence, The Bahamas

Available on request

The brief

The reason to consider it.

Located just steps from the pristine shores of Cable Beach, this estate property presents a rare opportunity for buyers seeking space, character, and upside in one of Nassau’s most desirable areas. Set on an expansive nearly 25,000 sq. ft. lot, the property offers significant potential for restoration or multifamily redevelopment. The main residence features classic Bahamian architecture, generous room sizes, and large windows that allow for abundant natural light. While the home does require updating and care, it provides a solid canvas for a thoughtful renovation that can restore and elevate its original charm. Outdoors, mature tropical landscaping surrounds a beautiful yard and pool area, creating a private oasis ideal for relaxation or entertaining. Just a short walk from the sea, the property enjoys close proximity to the ocean for added relaxation and some coastal living. Adding further value, the estate includes four self-contained apartments, offering immediate income potential while plans for the main house are realized.

Last confirmed

Type
Villa
Land
25,005 ft²
Year built
Available on request

What this listing includes

  • Pool
  • Garden
  • Terrace
  • Ocean view
  • On-site security
  • Parking
  • Kitchen
  • Staff quarters

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