Caribbean MLSReal Estate

FORTUNE POINT LOT

Available on request

The brief

The reason to consider it.

This prime multifamily lot is situated in the lovely Fortune Point subdivision. The property is in close proximity to the beach, Lucayan International School, and Port Lucaya, making it an excellent investment for both long-term and immediate development. This lot would be perfect for a multi-unit compound offering either short or long-term rentals to vacationers as it is located in a prime location near where the Six Senses Hotel will be constructed.

Last confirmed

Type
Land
Land
40,042 ft²
Zoning
multifamily
Subdivision approved
Yes
Permitted uses
Multifamily, Short term rentals, Long term rentals

What this listing includes

  • Beach access
  • Concierge
  • On-site security
  • Gated community

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