Caribbean MLSReal Estate

3-bedroom residence in Eleuthera, The Bahamas

Available on request

The brief

The reason to consider it.

Located in the desirable community of Rainbow Bay, Eleuthera, this beautifully furnished 3‑bedroom, 2‑bathroom oceanview home offers relaxed island living in a peaceful, elevated setting. Positioned on Rainbow Hill Circle, the property enjoys cooling breezes and scenic ocean views, just a five‑minute walk from Rainbow Bay Beach. The home features an open living and dining area, a well‑appointed kitchen with custom wood cabinetry and marble countertops, and comfortable accommodations for family or guests. Sliding doors lead to a spacious covered veranda, offering approximately 500 sq. ft. of additional outdoor living space—perfect for relaxing or entertaining while enjoying the views. Conveniently located approximately 20 minutes from Governor’s Harbour and Gregory Town, this property is ideal as a full‑time residence, vacation home, or investment opportunity.

Type
House
Land
12,605 ft²
Year built
Available on request

What this listing includes

  • Furnished
  • Ocean view

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