Caribbean MLSReal Estate

3-bedroom beachfront residence in Rainbow Bay, Eleuthera

Available on request

The brief

The reason to consider it.

Sayle Point is a beachfront estate on Rainbow Bay, Eleuthera, set on approximately 4.23 acres (about 17 118 m²). The property principal dwelling is a single-storey 3-bedroom house with panoramic ocean views from every window, designed for light and comfort. The estate includes a separate cottage, a tiki bar, approximately 1,000 ft of waterfront, a private beach, a 750 ft driveway and a security system. The property currently operates as a short-term rental and has approved plans for water bungalows that allow for development expansion.

  • Bedrooms: 3
  • Bathrooms: 3.0
  • Building area: 2,000 sq ft (≈185.8 m²)
  • Lot size: 4.23 acres (≈17,118 m²)
  • Year built: 2016
  • Notable features: ~1,000 ft waterfrontage, private beach, approved plans for water bungalows, short-term rental operation

Last confirmed

Year built
2016
Type
Other
Land
184,257 ft²
Media on file
Available on request

What this listing includes

  • Beachfront
  • Beach access
  • Ocean view
  • On-site security

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