Caribbean MLSReal Estate

SANTA MARIA AVE.

Available on request

The brief

The reason to consider it.

Located in the highly sought-after Bahamia area on Santa Maria Avenue, this prime parcel of land offers an excellent opportunity to build your dream home. The property is already fully fenced, providing added value and convenience for future development. Surrounded by a lovely, well-established neighborhood, the lot features mature vegetation that enhances its natural beauty and privacy. Its desirable location makes it ideal for a single-family residence, whether for a permanent home or an investment property. Enjoy the peace and charm of one of Grand Bahama’s most popular residential areas, while still being just minutes away from beaches, shopping, and local amenities.

Last confirmed

Type
Land
Land
16,996 ft²
Zoning
R-1
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