Caribbean MLSReal Estate

Residence for sale - RED BAYS, ABACO

Available on request

The brief

The reason to consider it.

Prime 10-acre investment in Abaco! Just 15 minutes from Marsh Harbour’s Leonard Thompson International Airport, this property sits midway between Marsh Harbour and Treasure Cay. Located about half a mile south of the new Red Bay Ferry Dock, this parcel offers prime positioning for investment or development.

Last confirmed

Type
Land
Land
435,605 ft²

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