Caribbean MLSReal Estate

LOT A TWIN LAKES ADDITION

Available on request

The brief

The reason to consider it.

Prime Multi-Family Development Lot – Cable Beach Excellent multi-family development opportunity in the highly desirable Cable Beach area. This 16,423 sq. ft. lot is ideally located within walking distance of beaches, shopping, dining, and major resort amenities. The property is minutes from Baha Mar and directly across from Cable Beach Plaza, offering grocery, food, and everyday conveniences. The walkable location and strong rental demand make this site well suited for apartments, townhomes, or short-term rental development, including Airbnb-style accommodations. The lot benefits from existing road access and is positioned in an established neighborhood favored by both residents and tenants due to its central location and proximity to key amenities. Key Features: 16,423 sq. ft. multi-family lot Prime Cable Beach location Strong developer and investment potential Walkable area near beach, shopping, and dining Minutes to Baha Mar resort and amenities Ideal for residential or short-term rental development Road access in place

Last confirmed

Type
Land
Land
16,426 ft²
Zoning
Multi-Family
Topography
flat
Permitted uses
Single family, Duplex, Tourism, Boutique hotel

What this listing includes

  • Beachfront
  • Beach access
  • Parking
  • On-site security

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