Caribbean MLSReal Estate

MOUNT PLEASANT BEACH

Available on request

The brief

The reason to consider it.

Located in the peaceful and up-and-coming community of Mount Pleasant, this 12,000 sq. ft. parcel offers an excellent opportunity to own property just steps from one of the island’s most stunning coastlines. Only four lots (approximately 300 feet) from the ocean, you’ll enjoy easy access to a beautiful, uncrowded beach that stretches for miles along the east side of Grand Bahama Island. This property is ideal for: * A private island retreat * Vacation rental development * Long-term investment in a growing area The location offers tranquility, natural beauty, and the charm of Old Bahamas living—while still being within driving distance of Freeport for shopping, dining, and services. Key Highlights: * 12,000 sq. ft. lot * Approx. 300 ft. from the beach * Quiet, low-density area * Expansive, pristine shoreline nearby * Great potential for future development

Last confirmed

Type
Land
Land
12,002 ft²

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