Caribbean MLSReal Estate

35 ACRES BANNERMAN TOWN

Available on request

The brief

The reason to consider it.

An exceptional opportunity to acquire a 35-acre beachfront parcel in one of Eleuthera’s most desirable coastal locations. Offering nearly 600 linear feet of powder-white sand beach and crystal-clear turquoise waters, this expansive property delivers rare scale, privacy, and flexibility—ideal for luxury development or a private legacy estate. Ideally positioned less than two miles from Disney’s Lookout Cay at Lighthouse Point and near Princess Cays, the property sits within a thriving luxury tourism corridor. Proximity to the Cotton Bay Golf Club, with plans underway for a new course, and the renowned Jack’s Bay Golf Course further enhances its appeal. With open zoning, the parcel supports a wide range of possibilities, including luxury resort development, private residential subdivision, boutique villas, or a mixed-use destination. Eleuthera’s strong demand for luxury vacation rentals and limited beachfront inventory position this offering for long-term growth.

Last confirmed

Type
Land
Land
1,524,600 ft²
Zoning
open zoning
Topography
waterfront
Road frontage
600 m
Permitted uses
Luxury resort development, Private residential subdivision, Boutique villas, Mixed use destination

What this listing includes

  • Beachfront
  • 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