Caribbean MLSReal Estate

RUBY CRESCENT in Nassau

Available on request

The brief

The reason to consider it.

Treasure Cove is a gated, oceanfront community of 282 homesites located in the southeastern area of New Providence, Bahamas. Known for its beach frontage, secure and family-friendly atmosphere, expansive park and playground, and convenient proximity to schools and shopping, it has become one of Nassau’s most sought-after residential neighborhoods. This single-family homesite spans 7,823 sq. ft. and offers the perfect opportunity to build your dream home in a well-established community.

Last confirmed

Type
Land
Land
7,772 ft²

What this listing includes

  • Gated community
  • Beachfront
  • On-site security

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