Caribbean MLSReal Estate

3 bedroom Residence for sale at 27 MADERIA ROAD in Eleuthera, The Bahamas

Available on request

The brief

The reason to consider it.

Positioned for possibility and brimming with potential, this structurally completed 3-bed, 2 bath residence on a 70-by-110-foot lot presents a rare opportunity to craft your dream home exactly to your specifications. The exterior construction is already in place — including the roof, walls, windows, and all exterior doors — offering a substantial head start for buyers seeking to personalize their living space without starting from scratch. The interior floor tiles, walls, and ceilings have been completed, and plumbing and electrical roughing and conduits are all in place. Other noteworthy features include a spacious two-car garage, a Propane Generator, tie-ins for an above-ground water tank, a septic tank, a poured concrete driveway, mature native trees, and space for a garden. Maderia Road borders the established community of Rock Sound Club, One Eleuthera, and CTI Farm – offering ready and easy access to shops, restaurants, beautiful beaches, and Rock Sound airport. The property is located approximately 3,832 feet along Maderia Road east of the Queens Highway.

Last confirmed

Type
House
Land
7,696 ft²
Year built
Available on request

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