Caribbean MLSReal Estate

MOORING CL

Available on request

The brief

The reason to consider it.

Shannon Golf and Country Club is a peaceful and well-established subdivision featuring both interior lots and prime golf-course frontage. As new development plans continue to move east, this area is growing in popularity. With several projects already planned nearby and the anticipated reopening of the golf course in the future, property values are expected to rise. This particular lot offers an excellent opportunity to build your dream home or make a smart investment in one of Grand Bahama’s up-and-coming neighborhoods. The property is just minutes from the beach at Discovery Bay Development, and only 10 minutes from downtown, schools, the airport, and all of the island’s main amenities.

Last confirmed

Type
Land
Land
21,000 ft²
Subdivision approved
Yes

What this listing includes

  • Golf course

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