Caribbean MLSReal Estate

7 PELICAN STREET

Available on request

The brief

The reason to consider it.

Nice 10,000-square-foot building lot is covered in natural coppice forest and is located in section four of Bahama Palm Shores. This beachfront community has become increasingly popular with both local and international investors. Bahama Palm Shores is situated approximately 18 miles south of Marsh Harbour, about a 20–25 minute drive. Residents enjoy a friendly, close-knit atmosphere, with neighbors gathering at the Firehouse for cookouts, bingo, dances, and potluck dinners. It’s a wonderful place to settle down and enjoy island living.

Last confirmed

Type
Land
Land
10,000 ft²
Zoning
residential
Topography
flat

What this listing includes

  • 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

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