10.14-Acre Oceanfront Development Opportunity
Available on request
38 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The reason to consider it.
This prime 10.14-acre oceanfront parcel is located on the southern side of Queens Highway, approximately 2.5 miles northwest of Governors Harbour, Eleuthera.
Architectural and Engineering plans are available for the development if desired. Existing structure on site for future development use. The proposed layout includes 31 residential lots, a residents’ park, and a 1-acre commercial lot along Queens Highway, offering an excellent investment opportunity !
- Type
- Land
- Land
- 430,556 ft²
- Zoning
- residential
- Topography
- waterfront
- Subdivision approved
- Yes
- Permitted uses
- Single family, Tourism, Boutique hotel
What this listing includes
- Beachfront
- Ocean view
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
The asking price is not what it costs.
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