Caribbean MLSReal Estate

4 bedroom Residence for sale — OCEANFRONT OASIS in Eleuthera, The Bahamas

Available on request

The brief

The reason to consider it.

Discover true island living at this oceanfront oasis on Russell Island. This 4-bed, 2-bath retreat offers 2,000 sq. ft. of relaxed coastal comfort on a generous 0.6-acre lot with sweeping ocean views, steady island breezes, and a lush coconut-filled landscape. Located in a peaceful, private area, the home features direct waterfront access and an expansive yard ideal for lounging, entertaining, or future enhancements. Just a short walk to stunning beaches known for crystal-clear waters, soft sands, and excellent snorkeling, this property captures the best of Russell Island. Inside, a bright and inviting layout suits families or groups, and its strong rental history makes it an exceptional investment. With its prime oceanfront setting and tranquil surroundings, this is a rare opportunity to own a true island sanctuary.

Last confirmed

Type
Villa
Land
267,257 ft²
Year built
Available on request

What this listing includes

  • Beachfront
  • Ocean view
  • On-site security
  • Furnished
  • Kitchen
  • Garden
  • Terrace

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