© 2008-2010 by Carutti Consulting, LLC, all Rights reserved
A wide selection of
residential lots in or near Stella Maris are for sale by owner.
You can build your own dream home at the shores of the Caribbean, the Atlantic or on top of a hill near the Stella Maris Resort Club.
The exclusive Port St. George development:
A luxury boutique hotel, full-service marina, marina village and a challenging 18-hole golf course stretching from the rocky Atlantic shores to the calm Caribbean lee-side of Long Island.
The Stella Maris International Airport has its own immigration and custom facilities thus allowing direct flights from the Unites States and other countries.
The 4 bedroom / 2 bath residence built
in 1981 and completely renovated in 2008 is a two-story concrete block single
family home with an extraordinary view.
The residence is in walking distance from the renowned Stella Maris Resort Club and the Atlantic Coast.
The Hilltop Project, four
attractive homes located on a high slope near the Stella Maris Resort Club, with
breath-taking views of the Atlantic Ocean and the
incredible beaches of the Caribbean.
The 3 bedroom / 2 bath homes have additional space for a guest apartment in the basement.
The Kingdom Project is a planned unique project on four exclusive lots located on a peninsula near the Columbus Monument and just adjacent to the World famous three miles long Cape Santa Maria Beach. Four exclusive single family residences - or one mansion only, a true Kingdom - at the north end of Long Island.
Homes exclusively designed by a Swiss artist and architect in a typical Bahamian-Caribbean style have very attractive floorplans and can be built by local contractors to your desire.
Buying Property in The Bahamas
Real Estate Transactions
Real Estate Taxes
All information stated above is subject to changes without further notice. Please refer to the official Bahamian Government website for the current status on stamp taxes, real property taxes and fees and regulations pertaining the International Persons Landhold Act.
thrills of deep sea fishing with a guided tour by the Stella Maris Resort Club.
Or hire Docky, one of the best bonefish guides in The Bahamas.
Are you Interested in scuba diving? The Stella Maris Resort Club is offering exiting dives for all experience levels.
You will receive training, instructions and your first dive; all supervised by a certified dive master of the Stella Maris Resort Club.
Real Estate Transactions:
All real estate transactions are subject to government
stamp tax which is due and payable on the date of the property conveyance or
realty transfer in order to have the new ownership registered. The calculation
of the stamp tax is based on the value of the property which is not always the
Stamp duty is 2% on the transfer value up to $20,000, 4% thereafter up to $50,000, 6% thereafter up to $100,000, 8% thereafter up to $250,000 and 10% on values higher than $250,000.
Usually, seller and buyer each pay half of the stamp duty while the recording is covered by the buyer. Law firms preparing the paperwork for the transaction are charging a fee of approximatively 2½% of the sales price to each the buyer and the seller. Sales commissions to real estate agents are usually paid by the seller unless otherwise agreed upon
Real Property Taxes:
Real property taxes are charged annually based on the
assessed property value. The current status of the property (owner-occupied,
rentals and commercial or unimproved land) determines the rate. Owner-occupied
properties up to a value of $250,000 are exempt of taxes. Thereafter, ¾% are
charged up to a property value of $500,000 and 1% on properties
valued higher than $500,000.
Unimproved land is taxed at an annual rate of 1%, respectively 1½% of a value above $100,000. Any other property is taxed at 1% increasing to 2% for property values higher than $500,000.