Caribbean MLSReal Estate

PETTY’S WATERFRONT HOME - 3 Bedroom Residence for Sale in Long Island, The Bahamas

Available on request

The brief

The reason to consider it.

This property features a Main house with 3 bedrooms and 2 bathrooms. It also includes a 1 bedroom studio with bathroom. The homes both have covered tiled patios. Just a few steps from the Main house and cottage is the waterfront which overlooks the inland waterways. Popular for bone fish. Great location for water activities like kayaking, sailing and easy access to the deeper water. Large open lot with lots of room for expansion, backyard gardening, etc. City water is available at the roadfront. Home has rainwater cistern. Enjoy beautiful sunset evenings from this property.

Last confirmed

Type
Villa
Land
43,066 ft²
Year built
Available on request

What this listing includes

  • Terrace
  • Water storage
  • Pet friendly

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