Caribbean MLSReal Estate

PETTY’S

Available on request

The brief

The reason to consider it.

This 1.26-acre roadfront property is centrally located in Petty’s Settlement, Queens’s Highway and the corner of a side road just minutes from grocery stores, gas stations, liquor stores, schools, churches, and more. Utilities are already in place with electricity and water at the property. Beautiful beaches and public boat ramps are only a short drive away, perfect for enjoying days on the water. Clarence Town, the island’s capital, is just 15 minutes south, offering popular restaurants, nightlife, and the government dock where weekly freighters arrive. A well-positioned parcel ideal for your island home or investment.

Last confirmed

Type
Land
Land
55,886 ft²
Zoning
residential
Topography
flat
Water
Yes
Electricity
Yes
Permitted uses
Single family, Tourism

What this listing includes

  • Beach access
  • Ocean view
  • Parking
  • On-site security
  • Water storage
  • Pet friendly
  • Wi-Fi

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