Multifamily lot in Colony Bay, Freeport
Available on request
9 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The brief
The reason to consider it.
This high-rise, multifamily lot is located in the quiet, prestigious neighborhood of Colony Bay. This area is a well-kepted, elevated, with all the necessary infrastructure. This vacant lot may be utilized as a single-family or an income producing property.
- Land
- 34,412 ft²
- Zoning
- multifamily
- Topography
- flat
- Permitted uses
- Single family, Income producing
- Interior
- Available on request
- Year built
- Available on request
- Property type
- Available on request
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
Cost of entry
The asking price is not what it costs.
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