Caribbean MLSReal Estate

Lot 53, Fairway Close in Nassau, The Bahamas

Available on request

The brief

The reason to consider it.

Discover the perfect opportunity for investment at Fairway Close, an exclusive community nestled in the heart of Coral Harbour. These prime single family lots are ideally situated within walking distance to pristine beaches, offering a tranquil lifestyle combined with convenience. Lot 53 is 7,977 square feet. Enjoy easy access to essential amenities, including schools, shopping centers, and the airport, all just a short drive away. Each lot is equipped with essential utilities, ensuring a seamless building experience. Safety and privacy are paramount, as the community is gated and secure, providing peace of mind for residents and investors alike. Phase 1 and Phase 2 have already sold out and we are introducing Phase 3! Whether you re looking to build a new home or create a vibrant community, Fairway Close is the ideal location to turn your vision into reality. Don t miss this opportunity to invest in a desirable area where lifestyle meets convenience!

Last confirmed

Type
Land
Land
7,782 ft²
Zoning
single family
Build ready
No
Subdivision approved
Yes
Water
Yes
Electricity
Yes
Permitted uses
Single family

What this listing includes

  • On-site security
  • Gated community

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