PARCEL 1 TROPICAL GARDENS - Development Land
Available on request
6 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The brief
The reason to consider it.
With direct access from West Bay Street, this 3 acre parcel of land is in a prime location for further development. The land can be split into multiple lots with individual houses or blocks of condominiums can be constructed. A rare opportunity to find a parcel of this size with this unique development potential within West Nassau.
Last confirmed
- Type
- Land
- Land
- 131,546 ft²
- Zoning
- residential
- Topography
- flat
- Permitted uses
- Single family, Duplex, Tourism, Boutique hotel
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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