Caribbean MLSReal Estate

7 bedroom Apartment for sale in Spanish Wells, Eleuthera, The Bahamas

Available on request

The brief

The reason to consider it.

Situated on the picturesque island of Spanish Wells, Eleuthera, this fourplex on 12th Street is a prime investment. Spanish Wells, known for its pristine beaches, charming restaurants, and family-friendly activities, offers a perfect blend of relaxation and community living. This property features four units: two with two bedrooms, two bathrooms; a two-bedroom, one-bath unit; and a studio apartment. The amenities include a patio, small pool, partial solar power, and two deep water wells. Whether you’re looking for long-term tenants or short-term vacation rentals, this property offers an excellent opportunity to generate income in one of Eleuthera’s most sought-after locations.

Last confirmed

Type
Apartment
Land
17,997 ft²
Interior
Available on request
Year built
Available on request

What this listing includes

  • Pool

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