Caribbean MLSReal Estate

Vacant Land for sale - Lots 51 And 52, Multifamily Highrise Lot

Available on request

The brief

The reason to consider it.

What an opportunity, 2 lots combined with over 518 feet of waterfront with approximately 1 acre of land, or buy one at $105,000, either 256 feet or 262 feet. Multi-family high-rise lots. 235 feet deep in the centre of the two lots, approximately 22,000 sqft each or a little over 1 acre.

Last confirmed

Type
Land
Land
43,562 ft²
Zoning
Multifamily Highrise Lot
Topography
waterfront
Road frontage
518 m
Permitted uses
Multifamily

What this listing includes

  • 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