Caribbean MLSReal Estate

30 BREECH DRIVE

Available on request

The brief

The reason to consider it.

Prime Investment Opportunity in Multi-Family Vacant Canal Lot. Discover this exceptional multi-family vacant canal lot, poised for a new owner to capitalize on its potential. Encompassing over half an acre, this property is ideally situated near the Lucaya Waterway, just over the Casuarina Bridge. It is zoned for a multi-family high-rise, presenting a rare opportunity to construct either a single-family residence or an income-generating property. Strategically located on the eastern side of the island amidst numerous forthcoming developments, this site is ideal for savvy investors who recognize the promising future of this burgeoning area. Embrace the chance to secure your foothold in a rapidly evolving market.

Last confirmed

Land
269,098 ft²
Year built
Available on request
Property type
Available on request

What this listing includes

  • Dock or mooring
  • Ocean view

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