Caribbean MLSReal Estate

#76 Dowdeswell St, Property Centrally Located - Mls 624, Downtown, Bahamas

Available on request

The brief

The reason to consider it.

Located on the northern side of Dowdeswell Street, this prime commercial property offers excellent visibility, functionality, and investment potential. Situated on 6,953 square feet of land, the property includes two standalone buildings with a combined interior space of 4,355 square feet, a dedicated asphalt parking area, and a well-planned layout ideal for professional use.
The interior is thoughtfully configured with multiple private offices, a conference room, and 3 bathrooms, making it ready for businesses needing both collaborative and private workspaces.

Last confirmed

Type
Commercial
Land
6,953 ft²
Use
Office
Lettable area
4,349 ft²
Year built
Available on request

What this listing includes

  • Parking
  • Conference room
  • Laundry
  • Home office

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