Caribbean MLSReal Estate

CHANCERY LANE OFF EASTERN

Available on request

The brief

The reason to consider it.

Nestled in a tranquil residential area, this elevated lot offers a unique opportunity to build your dream home surrounded by lush, mature trees.

Last confirmed

Type
Land
Land
126,896 ft²
Zoning
residential
Topography
hilltop
Permitted uses
Single family

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