Caribbean MLSReal Estate

5-bedroom house in Harbour Island with ocean views

Available on request

The brief

The reason to consider it.

Sea Dream House is an elevated Island House in Harbour Island offering 6,000 sq. ft. of living space with 5 bedrooms and 5 bathrooms. Set on a ¼-acre lot overlooking the island’s famous sand flats, bonefish waters, and stunning sunsets, the home is designed for relaxed luxury living. Multiple wraparound balconies, hammocks, and spacious entertaining areas create seamless indoor-outdoor living. The open-concept gourmet kitchen flows into bright living and dining spaces with panoramic bay and town views. The home comfortably accommodates up to 10 guests, with en-suite bedrooms providing privacy throughout. The upstairs primary suite features a jacuzzi tub, while the third floor offers 2,000 sq. ft. of potential for a custom suite, studio, or entertainment space. Located on the edge of Dunmore Town, Sea Dream House is a 5-minute walk to the famous Pink Sands Beach and close to beaches, restaurants, shops, and everything that makes Harbour Island so special. It can generate over 150,000 annually in short-term rental income with operating costs of approximately 24,000.

Type
House
Land
10,893 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