TROPICAL GARDENS
Available on request
5 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The reason to consider it.
Located in the heart of Tropical Gardens, this 7,823 sq. ft. lot offers exceptional potential for a triplex townhome development. Just minutes from the airport, pristine beaches, and a variety of restaurants, this property combines convenience, lifestyle, and investment appeal. Perfectly suited for investors looking to capitalize on high-demand rental or vacation markets, the lot provides ample space for thoughtfully designed residences with private outdoor areas. Its strategic location ensures easy access to the best the Bahamas has to offer, while still maintaining a peaceful, tropical neighborhood feel. Whether developing for rental income or resale, this property is a rare chance to build a modern, upscale townhome complex in one of the most sought-after areas of New Providence.
Last confirmed
- Type
- Land
- Land
- 7,782 ft²
- Zoning
- residential
- Permitted uses
- Single family, Triplex townhome development
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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