Caribbean MLSReal Estate

Vacant Land for sale - Block J, Lot 22, Bahama Coral Island Subdivision 3

Available on request

The brief

The reason to consider it.

Spacious 12,000 sq. ft. lot offering 80 feet of frontage along an unpaved public road reservation within Bahama Coral Island Subdivision 3, Block J, Lot 22. This property presents an excellent opportunity for residential or investment purposes in an established subdivision.

Last confirmed

Type
Land
Land
12,002 ft²
Zoning
residential
Topography
flat
Subdivision approved
Yes
Road frontage
24 m
Permitted uses
Residential

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