Caribbean MLSReal Estate

CURRENT

Available on request

The brief

The reason to consider it.

This rare oversized open zoned lot provides an abundance of space and privacy and is just steps away from the beautiful sand banks beach! & across the street from the proposed little island hotel ‘The Current’. The quaint historical settlement of Current offers the tranquility of island living while allowing you to explore all what Eleuthera has to offer with Spanish Wells and Harbour Island being nearby. Also the North Eleuthera Airport is only 10 minutes away with daily flights to Nassau & the US. Enjoy relaxing ocean breezes, sunrises and sunsets at your perfect island retreat.

Last confirmed

Type
Land
Land
29,999 ft²
Zoning
open zoned
Topography
flat

What this listing includes

  • Beachfront

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