Caribbean MLSReal Estate

Vacant Land Lots 38-41, Lucaya Estates, Bahamas

Available on request

The brief

The reason to consider it.

Located in the northern area of Lucayan Estates behind the College of The Bahamas, this property offers a great future investment opportunity. Please note that some lots in the area may currently have limited access or utilities; however, the potential for future growth and development makes this an attractive option for investors. This listing includes 4 separate properties being sold together.

Last confirmed

Type
Land
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