ELYSIUM, SIGNAL LIGHT RD
Available on request
31 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The reason to consider it.
Perched on a scenic hilltop with sweeping Atlantic views, this solidly built 2-bed, 2-bath home on Signal Light Road in Rainbow Bay offers the perfect blend of comfort, privacy, and island charm. Set on a beautifully landscaped lot with mature fruit trees and flowering plants, the 1,096 sq. ft. residence and utility room also comprises an additional 450 sq. ft., two-car garage, and adjoining laundry room. Enjoy 802 sq. ft. of expansive patio space ideal for entertaining or relaxing, accessible via double sliding screen doors from the main living area. Take in breathtaking sunrises and panoramic ocean views, with a direct line of sight to James Point. HOA fees are $250 for developed residential properties. Restrictive covenants apply. This home has no short-term rental history but is in an established neighborhood well-suited for either an investment property, retirement residence, or second home. Other noteworthy features include split A/C units in every room, an office area with plenty of storage, a fireplace, an open-plan great room with high ceilings, spectacular ocean views
Last confirmed
- Type
- Villa
- Land
- 10,796 ft²
- Year built
- Available on request
What this listing includes
- Ocean view
- Fireplace
- Air conditioning
- Parking
- Garden
- Terrace
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
The asking price is not what it costs.
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