Caribbean MLSReal Estate

GONE BANANAS Residence for sale in Abaco Islands, The Bahamas

Available on request

The brief

The reason to consider it.

A refined island retreat on Lubbers Quarters, offering a rare opportunity within the exclusive Abaco Ocean Club. This two-story residence blends Bahamian charm with modern comfort and sits on a 20,000 sq. ft. double lot with excellent potential for a pool, guest cottage, or expanded outdoor living. The bright open layout features island-inspired furnishings, a fully equipped kitchen with new appliances, and two ensuite bedrooms. Outdoor living shines with a spacious wrap-around porch and an elevated lookout tower capturing panoramic views of the Sea of Abaco. With a durable Bermuda roof, lush landscaping, and access to a peaceful boating community, Gone Bananas is an exceptional property for those seeking a private island home or investment in Bahamas luxury real estate.

Last confirmed

Type
Villa
Land
19,999 ft²
Year built
Available on request

What this listing includes

  • Pool
  • Kitchen

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