Caribbean MLSReal Estate

Vacant Land for sale - Unit 1, Block 2, Lot 34, Yeoman Wood

Available on request

The brief

The reason to consider it.

Located in the developing area of Yeoman Wood, this vacant lot is ready for construction and offers an excellent opportunity at a great price. Conveniently close to shops, schools, and everyday amenities, this property is ideal for building your family home or for future investment potential. A great opportunity to secure land in a growing area of Grand Bahama.

Last confirmed

Type
Land
Build ready
Yes
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

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