LOT 16, BLOCK 53, SEC D
Available on request
16 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The reason to consider it.
Perched at an elevation of approximately 35 to 40 feet, this oversized lot in the desirable Rainbow Bay community offers beautiful ocean views and the perfect opportunity to build your island retreat or vacation home. Rainbow Bay is known for its peaceful surroundings, community beaches, park areas, and tennis courts, along with its central location between Governor’s Harbour and Gregory Town. Residents enjoy easy access to the popular Rainbow Bay Beach and local dining options nearby. Conveniently located just a short drive from Governor’s Harbour Airport, this property combines privacy, natural beauty, and accessibility — the ideal spot to enjoy Eleuthera’s relaxed island lifestyle.
Last confirmed
- Type
- Land
- Land
- 10,850 ft²
- Zoning
- residential
- Topography
- hilltop
- Subdivision approved
- Yes
- Elevation
- 12 m
- Permitted uses
- Single family
What this listing includes
- Ocean view
- Tennis court
- Beach access
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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