Caribbean MLSReal Estate

Lot 16 - Mls 65978, Wemyss Settlement, Bahamas

Available on request

The brief

The reason to consider it.

Residential lot nestled in a quiet neighborhood, just a few minutes walk to the beach—perfect for swimming, fishing, or simply relaxing by the sea. Conveniently located within a short drive of the airport, grocery stores, hardware stores, restaurants, and local bars. Electricity, telephone, and city water are available at the lot. An ideal setting to build your tropical island dream home.

Last confirmed

Type
Land
Zoning
residential
Water
Yes
Electricity
Yes
Permitted uses
Single family
Land
Available on request

What this listing includes

  • Beach access

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