Caribbean MLSReal Estate

DERBY, BLOCK 3, LOT 11

Available on request

The brief

The reason to consider it.

Located just over the Lucaya Bridge, this spacious Derby lot is ideally zoned for multi-family high-rise development and offers convenient access in a well-established area. This 21,445-square-foot lot boasts 220 feet of canal frontage in the growing Unit 1 community. Utilities are already in place, with modern homes throughout the neighbourhood, making it an excellent location to build. This canal-front lot on Heybridge Drive features two sides on the water and boasts beautiful sunset views and a quiet end-of-canal location. Ideal for boating, with the ability to dock your boat directly in your backyard.

Last confirmed

Type
Land
Land
230,832 ft²
Zoning
multi-family high-rise development
Topography
waterfront
Water
Yes
Electricity
Yes
Permitted uses
Multi family high rise development

What this listing includes

  • Dock or mooring
  • 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

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