BLACK PEARL CLOSE, PEARL
Available on request
8 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The reason to consider it.
Located in a prestigious area of high-end homes, this prime canal-front property boasts 124 feet of water frontage. The multi-family zoning offers incredible flexibility: you can design a private luxury estate, or develop an income-generating project like condos or apartments. With Grand Bahama’s market on the rise, this is also a solid buy-and-hold investment. The lot is development-ready with paved roads and all utilities already in place.
Last confirmed
- Type
- Land
- Land
- 25,005 ft²
What this listing includes
- Beachfront
- Water storage
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
The asking price is not what it costs.
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