Caribbean MLSReal Estate

SANDALWOOD ROAD,

Available on request

The brief

The reason to consider it.

Centrally located lot with great opportunity for residential development. It is near Queen’s Highway and shopping. Power lines are very nearby. It is about 5 minutes from the site of the two biggest hotels on the island. Approximately 10 minutes from the international airport that has daily domestic and international flights. George Town is approximately 11 miles away.

Last confirmed

Type
Land
Land
10,000 ft²
Zoning
residential
Electricity
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

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