Caribbean MLSReal Estate

8 Bedroom Residence for Sale - Lot 10 WEST BAY STREET, Nassau, The Bahamas

Available on request

The brief

The reason to consider it.

This is a rare to market offering of a large 6-bedroom ocean front home on a 21,165sqft. lot. The property also features a 3-port garage with an additional 2-bedroom guest suite above it that has a solid track record of long term rentals. There is also a boat house with direct beach access for storage of water toys. This well-kept home features unobstructed views of the ocean, beach and Bahamar from most rooms. A swimming pool, outdoor covered verandah, second floor lenai, and large terrace make for an incredible seaside oasis.

Last confirmed

Type
Villa
Land
21,162 ft²
Year built
Available on request

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