Caribbean MLSReal Estate

Wally's Place, Black Sound - MLS 66478

Available on request

The brief

The reason to consider it.

Rare opportunity. Protected harbour building site in which to build a waterfront home with a dock. Easy access, walking distance to New Plymouth’s amenities. The property offers 11,300 square feet or 0.259 acres. 100 feet of direct Black Sound frontage in which to build a boat dock.

The property is densely wooded with Bahamian hardwoods. The parcel will require the removal of the post-Dorian home. The water cistern and pool may be usable.

Type
Land
Land
12,303 ft²
Zoning
residential
Topography
waterfront
Build ready
Yes
Road frontage
100 m
Water
Yes
Permitted uses
Single family

What this listing includes

  • Dock or mooring
  • Pool

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