Caribbean MLSReal Estate

Vacant Land for sale - Derby Canal Lot Unit 1, Lot 4, Block 4

Available on request

The brief

The reason to consider it.

Located just over the Lucaya Bridge, these spacious Derby lots are ideally zoned for multi-family high-rise development and offer convenient access in a well-established area. This 24,174 square foot lot boasts 284 feet of canal frontage in the growing Unit 1 community. Utilities are already in place, with modern homes throughout the neighbourhood, making it an excellent location to build.

Enjoy waterfront living with the option for private dockage, all within a quiet cul-de-sac setting perfect for building your ideal coastal property.

Last confirmed

Type
Land
Land
24,176 ft²
Zoning
multi-family high-rise development
Topography
waterfront
Build ready
Yes
Subdivision approved
Yes
Road frontage
284 m
Water
Yes
Electricity
Yes
Permitted uses
Multi family high rise

What this listing includes

  • Dock or mooring
  • Water storage

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