Caribbean MLSReal Estate

Artist Colony, 5-bedroom residence in Gregory Town, Eleuthera

Available on request

The brief

The reason to consider it.

Nestled in Gregory Town, Artist Colony overlooks Pitmann’s Cove and is set within mature gardens and trees. The estate comprises a main building with four spacious bedrooms each with an ensuite, closet, sitting area and patio with sea views, plus a pentagonal artist’s work room with an ensuite and a star-shaped living room that opens to a shaded terrace.

Recently renovated with high-quality materials including a metal alloy roof, restored wood floors and a newly built chef’s kitchen with premium appliances. The property was originally designed by architect Ray Nathaniels in the 1960s and has been offered as either a private estate or for commercial redevelopment.

  • Bedrooms: 5
  • Bathrooms: 5.0
  • Interior: 3,000 sq ft (278.71 m²)
  • Lot: 93,654 sq ft (8,700.74 m²)
  • Architect: Ray Nathaniels
  • Recent high-quality renovations
Type
House
Land
93,657 ft²
Year built
Available on request

What this listing includes

  • Garden
  • Terrace
  • Ocean view
  • Kitchen
  • Furnished

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