SOUTH OCEAN ROAD
Available on request
8 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The reason to consider it.
Positioned in one of Nassau’s most sought-after growth corridors, this expansive multifamily lot offers a rare opportunity to create a prestigious development or secure a long-term income-generating asset. Its prime location places you within an easy stroll to the exclusive Albany community and just minutes from Fresh Market, Old Fort Town Centre, fine dining, and other premier amenities. With the area experiencing rapid appreciation, this property combines both lifestyle and investment potential at its finest.
Last confirmed
- Type
- Land
- Land
- 42,248 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
The asking price is not what it costs.
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