Caribbean MLSReal Estate

3 bedroom Residence for sale — ELBOW CAY CLUB

Available on request

The brief

The reason to consider it.

Considered to be the largest single property offering on the cay in at least 60 years, it is the perfect choice for those searching for the seclusion of a private island but still wanting the convenience of amenities nearby. The offering includes a 2800 sq. ft., 4b/2.5b home (2009), complete with swimming pool and a 10-slip marina. A stunning natural backdrop with sandy beach on the leeside, and beautiful sunset views offers endless inspiration. The property is secluded by its natural foliage and offers extreme privacy with a 500-foot laneway that was created in 1964 by cutting through 36-foot-high elevations of limestone. An excellent opportunity to build a private estate or commercial development. Approval in principle was granted in 2021 for an upscale boutique hotel with plans for a 40-slip marina, restaurants, pool bar, clubhouse, fitness center, spa, tennis court, retail shops and private homes. Design work is included with purchase.

Last confirmed

Year built
2009
Type
Villa
Land
1,218,884 ft²

What this listing includes

  • Marina

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