Caribbean MLSReal Estate

BANK’S ROAD BEACHFRONT

Available on request

The brief

The reason to consider it.

Prime beachfront parcel on sought-after Banks Road in North Palmetto Point, Eleuthera, offering 100 ft of rare pink sand frontage on the Atlantic Ocean. Elevated acreage across the road provides an ideal homesite with panoramic ocean and Great Pond views. Lush native coppice and palm trees enhance privacy and natural beauty, while surrounding undeveloped land adds to the serene setting. Utilities including electricity, water, and telephone are already in place. Excellent layout for a main residence with guest house or cottages. Enjoy easy beach access, nearby Double Bay, and vibrant offshore reefs. A unique opportunity to build a private island retreat or investment property in one of Eleuthera’s most desirable coastal locations.

Last confirmed

Type
Land
Land
22,604 ft²

What this listing includes

  • Beachfront
  • Beach access
  • 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