Caribbean MLSReal Estate

Bahama Sound 21 Parcel

Available on request

The brief

The reason to consider it.

Presenting a unique development opportunity in Exuma: a generous 40,000 sq ft parcel, ideally positioned just 9 minutes past February Point and near the Old Airport. This expansive lot offers flexible zoning potential, perfect for constructing a private estate or a high-demand rental village. Exuma is currently experiencing a shortage of rental accommodations, creating strong income potential for a savvy developer or investor. With close proximity to George Town, top-tier beaches, and local marinas, this location offers both seclusion and accessibility—ideal for long- or short-term tenants seeking the Exuma lifestyle.

Last confirmed

Type
Land
Land
39,999 ft²
Zoning
flexible
Permitted uses
Private estate, Rental village

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