Caribbean MLSReal Estate

PALM BREEZE DR

Available on request

The brief

The reason to consider it.

This large multi-family lot is ideally located in a quiet subdivision off Carmichael Road, perfect for a duplex or triplex. This growing community has significant potential, and all amenities are in place. AWESOME INVESTMENT!

Last confirmed

Type
Land
Land
15,134 ft²
Zoning
multi-family residential
Topography
flat
Subdivision approved
Yes
Water
Yes
Electricity
Yes
Permitted uses
Duplex, Triplex

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