Caribbean MLSReal Estate

CURRENT CLUB Residence for sale in Eleuthera, The Bahamas

Available on request

The brief

The reason to consider it.

Find your slice of paradise on this beautiful 186 feet of beachfront in the community of Current. The property is an ideal investment and location for a boutique resort or for an Air B & B rental with 1 standalone cottage, (1 bedroom, 1 bath) and 3 attached units that each have 2 bedroom & 1.5 bathrooms with an additional unit that has 1 bedroom 1 bath. All 5 units are partially furnished. This Beachfront property is a diamond in the rough that can be turned into a real showplace with some imagination and skill. Property consists of 4 separate lots all zoned commercial with great space to build additional units. The property is conveniently located near the famous cut for fishing & drift diving and just 8 miles from the North Eleuthera International Airport.

Last confirmed

Type
Villa
Land
52,000 ft²
Year built
Available on request

What this listing includes

  • Beachfront
  • Furnished
  • On-site security
  • Parking
  • Air conditioning
  • Kitchen
  • Wi-Fi

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