Caribbean MLSReal Estate

Lot 9 and 10, Ocean Drive, Nassau/New Providence

Available on request

The brief

The reason to consider it.

Located in the gated community of Venice Bay, this 29,631 sq.ft. lot offers 212.16 ft of waterfrontage and comes with approvals for a private boat dock. The community is just a short drive or boat ride from Albany. With a new marina underway and continued investment in this fast-growing area, this property presents an ideal opportunity for those seeking value and future potential.

Type
Land
Land
29,633 ft²
Topography
waterfront
Road frontage
64 m
Permitted uses
Single family

What this listing includes

  • Gated community
  • Dock or mooring
  • Beachfront

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