Caribbean MLSReal Estate

2 bedroom Residence for sale in Eleuthera, The Bahamas

Available on request

The brief

The reason to consider it.

Latitude Adjustment is a beautifully crafted island retreat in the heart of Rainbow Bay, one of Eleuthera’s most desirable coastal communities. Perched above the Atlantic, the home enjoys cooling sea breezes, ocean views, and seamless indoor-outdoor living. The main level offers a bright one-bedroom, one-bath layout with an open-concept living, dining, and kitchen area that flows onto an elevated veranda. The ground level features a separate efficiency apartment, ideal as a second bedroom and bath for guests or rental income. Each level has dedicated laundry facilities for added convenience. Thoughtful craftsmanship is evident throughout, with handcrafted cabinetry by a master builder and poured in place concrete countertops that bring a refined, organic feel to the kitchens and baths. All windows and doors are storm rated with high impact glass, providing both peace of mind and durability. Additional features include an attached garage, a large rainwater cistern for backup supply, and solid concrete-and-frame construction.

Last confirmed

Type
Villa
Land
13,896 ft²
Year built
Available on request

What this listing includes

  • Ocean view
  • Kitchen
  • Laundry
  • Water storage
  • Parking

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