Caribbean MLSReal Estate

Lot 24, Block 6, Thompson Blvd - MLS 64846

Available on request

The brief

The reason to consider it.

Prime 20,000 sq ft commercial parcel with excellent frontage on Thompson Blvd. High visibility, strong traffic, and flexible development potential make this an ideal site for retail, office, or mixed-use projects. A great opportunity in a well-traveled commercial corridor.

Last confirmed

Type
Land
Land
19,999 ft²
Use
Mixed use
Zoning
commercial
Permitted uses
Retail, Office, Mixed use

What this listing includes

  • Parking
  • On-site security
  • Concierge
  • Conference room

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