Caribbean MLSReal Estate

PARCEL B CORAL HARBOR

Available on request

The brief

The reason to consider it.

Nestled within Coral Harbor, Western New Providence, this vacant lot presents a unique opportunity to build your dream multifamily residences – whether you envision luxurious townhomes, upscale condominiums, or chic apartments, this is your chance to bring your vision to life. Situated in a prime location, residents will enjoy easy access to shopping, dining, entertainment, and major transportation arteries, ensuring a convenient lifestyle for tenants. The possibilities are endless.

Last confirmed

Type
Land
Land
85,121 ft²
Zoning
multifamily
Permitted uses
Multifamily, Townhomes, Condominiums, Apartments

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