Caribbean MLSReal Estate

Lot #3 West Place Bahamas

Available on request

The brief

The reason to consider it.

This expansive elevated lot, situated on a private cul-de-sac, offers a unique setting.

Nestled away from the main road, the property boasts breathtaking views of both the serene lake and the vast ocean from its elevated position. With its multi-family zoning, this lot presents a wealth of possibilities for investment and income generation through the development of townhouses. Boasting approximately 23,375 square feet of prime real estate, this parcel is a developer’s dream. Don’t miss out on the endless potential and remarkable location that this property has to offer!

Last confirmed

Type
Land
Land
251,606 ft²
Zoning
multi-family
Topography
hilltop
Permitted uses
Townhouses

What this listing includes

  • Ocean view

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