Caribbean MLSReal Estate

Lot 45 Commercial Building, Pyfrom Road, Bar 20 Corner

Available on request

The brief

The reason to consider it.

Presenting an exceptional commercial building in a prime location! This two-story property on Bar- 20 Corner, offers security with features like security bars, cameras with motion sensors, and hurricane shutters. It comes with a functional layout, featuring a well-appointed ground floor with an office, reception area, private office, storage, closet, and bathroom. The second floor includes an office, reception, kitchen, storage room, balcony, and an additional bathroom. This property holds the potential to become the perfect space for your business or a lucrative rental opportunity. With ample parking and a versatile layout, seize the opportunity to customize and transform this building to meet your exact needs. The building to the immediate east is also available for sale at a reasonable price. Buy both and capitalize on your investment!

Last confirmed

Type
Commercial
Use
Mixed use
Lettable area
2,530 ft²
Land
Available on request
Year built
Available on request

What this listing includes

  • On-site security
  • Parking
  • Balcony
  • Kitchen
  • Storage

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