Caribbean MLSReal Estate

141.3 ACRES BURNS POND

Available on request

The brief

The reason to consider it.

Discover 141.3 acres of prime land on the southern end of Burns Pond, Palmetto Point, Eleuthera. This expansive property offers wide-open space, natural beauty, and close access to Eleuthera’s turquoise waters. With its peaceful setting and convenient reach to Governor’s Harbour, the land is ideal for a private estate, resort development, or future subdivision into smaller lots. Also available nearby: 160 acres offered at $4,400,000 (MLS #63829), creating a unique opportunity to secure over 300 acres in one of Eleuthera’s most sought-after areas.

Last confirmed

Type
Land
Land
6,155,030 ft²
Zoning
residential
Topography
flat
Permitted uses
Private estate, Resort development, Subdivision

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