KOOL ACRES 1.1 ACRE TRACT
Available on request
6 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The reason to consider it.
Prime Development Opportunity Large Tract of Land in Eastern New Providence An exceptional investment opportunity awaits with this tract of land strategically located in the highly sought-after eastern district of New Providence. Ideally suited for a multi-family residential development, this property offers both scale and location for investors or developers seeking a project with strong potential returns. Boasting convenient access to all essential infrastructure, including water, electricity, paved roads, and telecommunications, the land is development-ready. Its location places it within close proximity to schools, shopping centers, public transportation, beaches, and other key amenities, making it a desirable site for future residents. Whether you’re planning a townhouse community, apartment complex, or mixed-use development, this property presents a rare chance to create something significant in one of the island’s most established and growing areas.
Last confirmed
- Type
- Land
- Land
- 523,266 ft²
- Zoning
- residential
- Topography
- flat
- Build ready
- Yes
- Water
- Yes
- Electricity
- Yes
- Internet
- Yes
- Permitted uses
- Single family, Multi family, Townhouse, Apartment, Mixed use
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
The asking price is not what it costs.
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