Lakefront Acreage, Munnings Road
Available on request
31 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The reason to consider it.
This lakefront property is prime for development. Plans are for a multi-use subdivision with Single-Family lots in the front and multi-family multi-story buildings in the back. With the growth of Nassau, this property is a prime opportunity for a developer to fulfill the need for housing in New Providence by creating a wonderful development or land banking the property for future investment. The seller is motivated.
- Type
- Land
- Land
- 16,926,421 ft²
- Zoning
- multi-use subdivision
- Topography
- waterfront
- Subdivision approved
- Yes
- Permitted uses
- Single family, Multi family
What this listing includes
- 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
The asking price is not what it costs.
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