Caribbean MLSReal Estate

CORNISH HOME - 7 Bedroom Residence in Abaco Islands

Available on request

The brief

The reason to consider it.

Cornish Home is an elevated two-story estate located in the peaceful coastal community of Leisure Lee on the South Side of mainland Abaco. The property captures panoramic views of the Sea of Abaco and is situated near a quiet, serene beach. Designed for both personal use and income potential, the estate includes a main residence and three self-contained apartments, offering a flexible multi-unit layout suited to a variety of living or rental options. The main residence features spacious living and dining areas, a well-appointed kitchen, a private office, and three bedrooms with three and a half bathrooms arranged across two levels. Separate from the main home are three self-contained apartments. One offers two bedrooms and one bathroom, while two additional units each include one bedroom and one bathroom, all well suited for guest use or rental income. With sweeping sea views, beach proximity, and a versatile layout, Cornish Home presents an excellent opportunity for island living with strong investment appeal.

Last confirmed

Type
Villa
Land
21,000 ft²
Year built
Available on request

What this listing includes

  • Ocean view
  • Beach access
  • Kitchen
  • Home office
  • Parking
  • On-site security

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