Caribbean MLSReal Estate

Residential development land for sale at 2 DUNTON LANE, Grand Bahama

Available on request

The brief

The reason to consider it.

This spacious lot is well-suited for residential development, with zoning that permits multi-unit construction, making it ideal for investors or homeowners seeking income-generating potential. The property provides ample space for a thoughtfully designed build, while ensuring long-term value in an established and expanding community. With its affordable price point, manageable service charges, and versatile use potential, this lot presents an attractive investment opportunity.

Last confirmed

Type
Land
Land
Available on request

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