Caribbean MLSReal Estate

Lot # 289 CIGATOO ESTATES

Available on request

The brief

The reason to consider it.

Lot 289 in Cigatoo Estates is an ideal 12,000 sq. ft. property to build your dream home, just blocks from famous Twin Coves pink sand beach. Located in bustling Governor’s Harbour, this lot offers the ideal balance of beachside living, convenience and tranquility. Governor’s Harbour is the vibrant heart of Eleuthera, known for its prisitne beaches, boutique resorts, world-class dining and relaxed seaside atmosphere. With shopping, recreation, and the airport nearby, it offers the perfect balance of authentic island living and modern amenities.

Last confirmed

Type
Land
Land
12,002 ft²
Topography
flat
Subdivision approved
Yes
Permitted uses
Single family

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