Land for Sale in the Bahamas: Island Lots, Beachfront and Acreage

The Bahamas allows foreigners to own freehold property. Purchases of larger parcels generally require approval from the Bahamas Investment Authority, and the transaction should be recorded with the Central Bank for exchange-control purposes if you want to repatriate funds later. Stamp duty and other fees are significant and often shared between the parties. A Bahamian attorney must handle the title search; see our Bahamas buying guide.

• Title. Out Island land can have generational (family) title with many heirs. A full title search and title insurance are advisable.
• Survey and boundaries. Insist on a current survey.
• Access. Confirm road and, on some islands, water access.
• Utilities. Power, water and internet can be limited off New Providence.
• Hurricane and storm surge exposure. Check elevation and setbacks.
• Building rules. Some islands have strict building codes and covenants.

Shipping materials to an Out Island adds time and expense, and skilled labour can be scarce. Get a contractor's quote before buying, and allow a contingency of at least a fifth of the construction budget. Compare the total with ready-built houses before committing.