Caribbean MLSReal Estate

LUDFORD ROAD

Available on request

The brief

The reason to consider it.

Excellent investment opportunity in Lincoln Green! This duplex lot located on Ludford Road offers generous dimensions of 115 ft x 120 ft, totaling approximately 13,800 square feet. Ideally suited for duplex development, the property provides ample space for thoughtful design, parking, and outdoor areas. Situated in an established and growing neighborhood, this lot is perfect for investors or developers looking to capitalize on strong rental demand or build a custom income-producing property. With its size, location, and development potential, this lot presents a solid opportunity in one of the area’s sought-after communities.

Last confirmed

Type
Land
Land
13,552 ft²
Zoning
duplex
Permitted uses
Duplex

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