Vacant Lot in Derby Subdivision, Grand Bahama
Available on request
5 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The reason to consider it.
Well priced vacant lot in peaceful community of Derby totalling 15,400 sq. ft. (110’ x 140’). Derby Subdivision is located along the northeast section of Grand Lucayan Waterway and very close to the Grand Bahama Highway. A short 15 minute drive to the airport and downtown Freeport. All utilities are in place. Service charges are $1,280 annually.
Last confirmed
- Type
- Land
- Land
- 15,403 ft²
- Zoning
- residential
- Subdivision approved
- Yes
What this listing includes
- On-site security
- Gated community
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
The asking price is not what it costs.
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