Caribbean MLSReal Estate

CASTAWAY COTTAGE

Available on request

The brief

The reason to consider it.

Escape the hustle and bustle and unwind in this charming three-bedroom island retreat, ideally located just steps from the beach. Newly constructed and thoughtfully decorated by the owners, this inviting cottage offers an authentic island feel paired with modern comforts and appliances. Designed for easy living, the home features split A/C units in each bedroom, ceiling fans throughout, a washer and dryer, and two outdoor decks perfect for relaxing or entertaining. The lush yard is dotted with native fruit trees, creating a peaceful outdoor setting where guests and residents can enjoy the natural beauty of the islands. Located on Russell Island, just off Spanish Wells, this vibrant island community offers the perfect balance of tranquility and convenience. A short ferry ride provides access to mainland Eleuthera and North Eleuthera International Airport, which offers daily flights to Nassau, the United States, and beyond. With effortless beach access and a shared boat ramp nearby, this island escape beautifully blends relaxation, adventure, and authentic Bahamian charm.

Last confirmed

Type
Villa
Land
12,099 ft²
Year built
Available on request

What this listing includes

  • Air conditioning
  • Beachfront
  • Beach access
  • Garden
  • Wi-Fi
  • Parking
  • Laundry

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