Caribbean MLSReal Estate

GOLDEN GROVE

Available on request

The brief

The reason to consider it.

Escape to your private island retreat! This hurricane-resistant, self-sufficient home is anchored 18 feet into bedrock and has hurricane-proof windows, storm shutters, and a durable metal roof, sustaining no damage from past storms. Located on the east side of Grand Bahama, just 30 minutes from town, it offers 116 feet of pristine beachfront with breathtaking panoramic ocean views. The home features 2 bedrooms, 2.5 baths, plus a downstairs room (with that half bath), perfect for guests or extra storage. The shaded area under the home is great for a workshop, lounge, or alfresco dining. Completely off-grid and self-contained, it runs on solar power, well water, and a generator for backup. Solar panels power all appliances, lights, and the well pump, while the generator runs the water heater. Sitting on a 21,324 sq. ft. lot, the property includes easement access to the road and a low annual property tax of just $504. A true tropical paradise, built to last!

Last confirmed

Type
Villa
Land
19,321 ft²
Year built
Available on request

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