Unit 50, Block 9, Lot 1 - MLS 68409
Available on request
6 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The reason to consider it.
Located on the northeastern side of Grand Bahama Island, Lucaya Estates offers an opportunity for buyers looking to invest in land at an attractive price point.
With Grand Bahama continuing to see new development and investment, these properties may offer strong long-term potential for someone willing to take a longer-term view.
It is important to note that the properties currently have no utilities and no established road access directly to the lots. They are located farther back from the main road, and access and infrastructure would need to be addressed in the future.
For the right investor, however, this could be an opportunity to secure land at a very attractive price today and hold it for future development as the area continues to grow.
A property for those who understand that sometimes the best investment opportunities are found in areas with potential that has yet to be fully realized.
Last confirmed
- Type
- Land
- Build ready
- No
- Water
- No
- Electricity
- No
- Mains drainage
- No
- Internet
- No
- Land
- Available on request
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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