Caribbean MLSReal Estate

Gregory Town Land Lot

Available on request

The brief

The reason to consider it.

Located in the peaceful and charming community of Gregory Town, this 11,000 square foot vacant lot offers an excellent opportunity to build a private island retreat or long-term investment property. The lot is generously sized, level, and easily accessible, making it ideal for residential construction. Surrounded by natural greenery and established homes, the property provides a sense of privacy while remaining close to the area’s most desirable amenities. Gregory Town is known for its relaxed atmosphere, friendly community, and proximity to stunning beaches, dramatic Atlantic cliffs, and natural attractions such as the Glass Window Bridge. Utilities are nearby, and the location allows for convenient access to Governor’s Harbour, beaches, and everyday essentials. Whether you’re looking to build a vacation home, rental property, or permanent residence, this lot presents a rare opportunity to own land in one of Eleuthera’s most sought-after central locations.

Last confirmed

Type
Land
Land
11,001 ft²
Zoning
residential
Topography
flat
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