Caribbean MLSReal Estate

BANKS ROAD LOT D

Available on request

The brief

The reason to consider it.

This 22,517 sq. ft. elevated lot sits just off the highly sought-after Banks Road in Governor’s Harbour, known for its stunning beaches and beautiful luxury homes. With beach access just steps away, it’s an ideal spot to build your dream getaway or create an income-generating vacation property, especially with Eleuthera’s booming tourism. With plenty of space to bring your vision to life, you’ll also love the convenience of being just minutes from great restaurants, some of the most breathtaking beaches in The Bahamas, and only a 12-minute drive from Governor’s Harbour Airport.

Type
Land
Land
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