Residential Land for Sale on Ringwood Drive, Grand Bahama
Available on request
5 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The brief
The reason to consider it.
This is a single-family vacant lot located in the Grasmere Subdivision, Freeport, Grand Bahama. The lot is perfect for a first-time home builder. It is centrally located and very close to grocery stores, Port Lucaya Market Place, clinics, schools, and the airport.
Last confirmed
- Type
- Land
- Land
- 13,498 ft²
- Zoning
- Single family
- Subdivision approved
- Yes
- Permitted uses
- Single family
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
Cost of entry
The asking price is not what it costs.
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