Caribbean MLSReal Estate

CEDAR STREET

Available on request

The brief

The reason to consider it.

Gated community with manned security having a mixture of single and multi-family lots. The roads are paved and the playground has been developed hosting an area for toddlers and juniors, a grassy area and a basketball court. This community is a stone’s throw from a swimming beach and a ten minute drive to supermarket, and other amenities. It is a 15 minute drive to the International Airport. A great income producing investment once developed.

Last confirmed

Type
Land
Land
10,419 ft²
Zoning
mixed-use residential
Topography
flat
Subdivision approved
Yes
Permitted uses
Single family, Multi family

What this listing includes

  • On-site security
  • Gated community
  • Parking

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