Caribbean MLSReal Estate

Vacant lot in Twynam Heights, Nassau

Available on request

The brief

The reason to consider it.

Unlock the exceptional potential of this expansive 17,281 multi-family vacant lot located in the highly sought after community of Twynam Heights.

Offering outstanding value for money, this oversized parcel provides the perfect opportunity for developers, investors, or homeowners looking to create a multi-unit residential development in one of Nassau’s most desirable neighborhoods. With ample space for multifamily development, townhomes, duplexes, or a custom multifamily project, this property presents an excellent opportunity to generate rental income while benefiting from long-term capital appreciation.

Whether you’re seeking to build an income producing investment property, create a residence with additional rental units, or develop housing to meet growing demand, the possibilities are endless. Ideally situated near schools, shopping, restaurants, and everyday conveniences, Twynam Heights continues to attract residents seeking a well-established, centrally located community. The combination of size, location, and development potential makes this lot a rare offering.

Land
186,011 ft²
Zoning
residential
Interior
Available on request
Year built
Available on request
Property type
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