Caribbean MLSReal Estate

8 Bedroom Commercial Property for Sale in East Street, BS, Bahamas

Available on request

The brief

The reason to consider it.

Located on Exuma Street in Englerston, this two-story apartment building spans 3,162 sq. ft. and sits on a 5,000 sq. ft. lot. The ground floor features 4 bedrooms, 2 bathrooms, a living room, a dining room, and a kitchen, offering comfortable living space. The upper floor includes 4 bedrooms, 1 bathroom, a living room, a kitchen, and a balcony, ideal for relaxation. This property is situated in a central location and offers great potential for rental income or multi-family living.

Last confirmed

Year built
1990
Type
Commercial
Land
5,005 ft²
Use
Mixed use
Lettable area
3,165 ft²

What this listing includes

  • 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