Caribbean MLSReal Estate

82 DEBDEN CLOSE

Available on request

The brief

The reason to consider it.

Discover an exceptional investment opportunity in the exclusive Caravelle Bay Subdivision, ideally positioned on Debden Close. This expansive 37,096 sq. ft. lot boasts an impressive 237 feet of canal frontage directly on the Grand Lucayan Waterway, offering breathtaking views and endless potential for luxury waterfront living or development. With 123 feet of street frontage and zoning for Multifamily High-Rise, this property is perfectly suited for an upscale condominium, townhouse complex, or private residential estate. The serene canal access provides convenient boating to the ocean while maintaining a peaceful neighborhood atmosphere. Whether you’re an investor seeking a high-potential development site or an individual envisioning an elegant canal-front retreat, this property offers space, location & versatility.

Last confirmed

Type
Land
Land
37,092 ft²

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