FAITH AVE NORTH-40,650 SF
Available on request
7 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The brief
The reason to consider it.
Captivating, Impeccable & Wonderful residential 40,560 square feet property on Faith Avenue North. Lot #4 can be yours! It is very hard to find commercial properties on Faith Avenue. This…
- Type
- Villa
- Land
- 40,655 ft²
- Year built
- Available on request
What this listing includes
- Pool
- Garden
- Terrace
- Balcony
- BBQ area
- Ocean view
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
Cost of entry
The asking price is not what it costs.
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