Caribbean MLSReal Estate

Greenwood Beach Resort - MLS 67912

Available on request

The brief

The reason to consider it.

Splendid, Out Island resort with 188 ft. of virgin Atlantic beachfront. This fully operational turnkey hotel features 20 air-conditioned guest rooms, including one family-sized room, restaurant and bar, covered outdoor dining, and dive center.
Greenwood Beach Resort is located near Port Howe, Cat Island. The Club House and rooms nestled behind it are literally 80 feet away from a breathtaking 8-mile-long beach.
Features include a fireplace, a pool, a lounge area, a commercial kitchen, and a laundry. Excellent investment opportunity with a good return rate. This quaint, remote, and tranquil resort is the perfect place to help vacationers find themselves.
Recent improvements to the resort include:

  1. New Doors and Windows in the Restaurant, Club
  2. New Furniture in the Restaurant
  3. New Patio Furniture for the Club
  4. Refurbished Pool
  5. New Pool Equipment
  6. New Commercial Dive Air Compressor for Dive Shop
  7. Remodeled Dive and Kite Surf Shop
  8. New Dive Equipment
  9. Some New Kitchen Equipment
  10. New Ice Machines (2)
  11. New Air Conditioning in the Rooms
  12. Upgraded Landscaping
  13. Newer all property Diesel Generator
  14. New Rust resistant Hot Water Heaters
  15. New Water Pumps
  16. New Easy-to-Replace Drinking Water Filters
  17. Star Link Internet
  18. New Website Components
  19. Redecorated Gift Shop
    This is a great opportunity to own a boutique resort in The Bahamas at a great price!

Last confirmed

Year built
1970
Type
Guesthouse
Use
Hospitality
Lettable area
13,993 ft²
Land
Available on request

What this listing includes

  • Pool
  • Fireplace
  • Laundry

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