Caribbean MLSReal Estate

WREXHAM DRIVE

Available on request

The brief

The reason to consider it.

This Grasmere Subdivision single family lot is for sale. The adjacent lot 38 is also for sale by the same owner. Located in the city of Freeport, Grand Bahama Island. Grasmere is 9 miles away from the downtown shopping stores, social and business district. It is within minutes to the East Sunrise Highway and driving distance of several churches, schools, and grocery store. Lots like this are sold quickly, so do not hesitate to make an offer.

Last confirmed

Type
Land
Land
16,426 ft²
Zoning
single family
Subdivision approved
Yes
Permitted uses
Single 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