Caribbean MLSReal Estate

WESTRIDGE MULTI FAMILY LO

Available on request

The brief

The reason to consider it.

Multi-Family Residential Lot – Westridge Estates Rare opportunity to own a 24,171 sq. ft. multi-family residential lot in the highly sought-after Westridge Estates. Located in a safe, family-friendly neighborhood, this spacious lot offers the ideal setting for building a multi-unit complex with strong rental income potential. Just minutes away from the vibrant Caves Village, pristine beaches, and top-tier amenities, this location is perfect for long-term tenants or vacation rentals. The area is close to hospitals, food stores, restaurants, and the popular Plantation Bar & Grill—making it convenient and desirable for residents and guests alike. Whether you’re a developer or investor, this is a prime piece of real estate in one of Nassau’s most desirable western communities. Capitalize on the high demand for rentals in the area and build your next income-generating property in Westridge Estates!

Last confirmed

Type
Land
Land
24,176 ft²
Zoning
multi-family residential
Topography
flat
Subdivision approved
Yes
Permitted uses
Multi family

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