Caribbean MLSReal Estate

section

Available on request

The brief

The reason to consider it.

This vacant lot is situated in Bahama Harbour Subdivision in Mastic Point, Andros. The land is 10,000 square ft. The island is approximately 2300 square miles and is composed of three major islands: North Andros, Mangrove Cay, and South Andros. The island boasts the world’s third largest barrier reef, extending over 140 miles.

Last confirmed

Type
Land
Land
10,000 ft²

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