Caribbean MLSReal Estate

LEICESTER COUNTY

Available on request

The brief

The reason to consider it.

Located in Lucaya Estates, this lot would be an investment for years to come. There is no service directly to the property, however, power is very close. Close The Grand Bahama Highway and the eastern area of the island. Minutes away from COB campus sites and the airport.

Last confirmed

Type
Land
Land
43,583 ft²
Zoning
R1
Build ready
No
Water
No
Electricity
No
Mains drainage
No
Internet
No

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