Caribbean MLSReal Estate

LEICESTER COUNTY

Available on request

The brief

The reason to consider it.

This large tract of land is centrally located in the Leicester County Subdivision. It would make an ideal investment for future development. Alternatively, it could be used for farming purposes. This property is not currently near installed utilities. Water would have to be supplied via a well on the property, and electrical power will require a generator and/or solar system.

Last confirmed

Type
Land
Land
260,045 ft²
Zoning
residential
Build ready
No
Subdivision approved
Yes
Water
No
Electricity
No
Permitted uses
Farming purposes, Future development

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