Caribbean MLSReal Estate

8 bedroom Apartment for sale — Lot 4 LEEWARD DRIVE in Nassau / New Providence, The Bahamas

Available on request

The brief

The reason to consider it.

Located within the quiet and established Leeward East community on Leeward Drive, this well-positioned multi-family property presents an excellent investment opportunity in eastern New Providence. Situated on an expansive 22,693 sq. ft. lot with approximately 100 feet of frontage along a paved road, the property offers convenient access and strong long-term potential for rental income or multi-generational living. The development comprises four thoughtfully designed townhouse units along with a detached common laundry facility. The complex offers approximately 4,320 sq. ft. of enclosed living space in addition to balcony, patio, and porch areas that enhance the overall functionality and comfort of the property. Each townhouse features an open-concept ground floor layout with living, dining, and kitchen areas designed for practical everyday living. The upper level accommodates two bedrooms and one bathroom, providing a comfortable residential arrangement for tenants or occupants. The Inestor is able to use this specious Property and be able to add another 8 units on. Don’t miss out!

Last confirmed

Type
Apartment
Land
22,271 ft²
Year built
Available on request

What this listing includes

  • Balcony
  • Kitchen
  • Laundry

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