Caribbean MLSReal Estate

Canal front lot in Freeport, Grand Bahama

Available on request

The brief

The reason to consider it.

Lovely corner canal front lot located in an upscale neighbourhood across from Spanish Main and is in walking distance (4 min) to one of the most beautiful beaches on the island. There are also a few restaurants on the same beach, and more beachfront restaurants in the vicinity. This single-family lot has 40ft on the canal, but the homes around in the neighborhood are quite substantial which always helps real estate values once you have built a home. The lot offers beautiful sparkling views! NO PROPERTY TAX NO SERVICE CHARGES - PAID FOR LIFE

Land
16,103 ft²
Interior
Available on request
Year built
Available on request
Property type
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