Set amid lush mature trees and vibrant foliage, Chelsea Place is a private sanctuary in the heart of exclusive Lyford Cay. The two‑storey residence combines timeless elegance with modern comfort, featuring nine bedrooms, seven full bathrooms, and a self‑contained guest cottage overlooking the pool.

Initially built in the 1990s and fully renovated in 2012, the home underwent a transformative expansion that added a whole second floor with soaring tray ceilings and exquisite cherry wood floors. The property now showcases 7,760 m² of living space on a 2,104 m² lot.

The lower facade is elegantly clad in Corallina stone, while the rear evokes classic Caribbean colonial charm with sweeping verandas on both levels, draped in flowering vines. Inside, a majestic entryway with a grand staircase and 20‑foot ceilings creates a dramatic first impression, with spacious living and entertaining areas, a formal dining room, travertine tile flooring, and a well‑equipped kitchen with built‑in cabinetry and a wine cooler.

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

9-bedroom house in Lyford Cay

The reason to consider it.

What people say about Bahamas

The asking price is not what it costs.

What completing costs

The reason to consider it.

What people say about Bahamas

The asking price is not what it costs.

What completing costs

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