Caribbean MLSReal Estate

GREEN CASTLE 12-ACRE LOT

Available on request

The brief

The reason to consider it.

Green Castle Eleuthera 12-acre commercial lot for sale in the Lockharbour area in the vicinity of Cotton Bay. Seize the chance to own this exceptional parcel of real estate in one of Eleuthera’s most sought after locations. This prime 12 acre parcel with beach front access, features the beautiful captivating sea views and stunning turquoise water. With the island rapidly growing tourism sector and increase demand for quality housing, this property stands out as an enticing investment and endless potential. This property is also opened zoned for diverse development options with breathtaking features ideal for any project. This property is perfect for resorts, luxury villas, or a beautiful subdivision. There is easy access to amenities while ensuring tranquility. This property offers a unique investment for those wanting to tap into Eleuthera’s rising appeal, whether for a luxurious resort or a private retreat, its beauty and location are an investor’s dream. This is your golden opportunity today.

Last confirmed

Type
Land
Land
52,270,012 ft²
Zoning
commercial
Topography
waterfront
Permitted uses
Resorts, Luxury villas, Subdivision, Tourism, Boutique hotel

What this listing includes

  • Beachfront
  • Ocean view
  • On-site security
  • Gated community

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