Caribbean MLSReal Estate

Lot 35 OLEANDA DRIVE, CIGATOO ES

Available on request

The brief

The reason to consider it.

Elevated Caribbean Sea View Lot in Cigatoo Estates Discover this stunning elevated lot offering breathtaking views of the turquoise Caribbean Sea! Enjoy a constant gentle breeze from any direction, making this property a rare gem. Located in Cigatoo Estates, in Governors Harbour. A quick 5 minute drive to restaurants, famous beaches and grocery stores. Come and enjoy the island of Eleuthera, a picturesque island renowned for its crystal-clear waters, pink sand beaches, laid back vibes and lush tropical landscapes. Features: – Elevated lot with panoramic sea views – Abundant fruit trees – Paved road access for easy entry – Utilities ready to be connected, city water is already connected- Prime location for building your dream home or vacation retreat – Unbeatable views of the Caribbean Sea – Constant breeze from any direction, ideal for outdoor living Imagine waking up to breathtaking sunrises and enjoying stunning sunsets from your private terrace. This lot offers the perfect canvas to build your tropical haven, with ample space for a pool, outdoor kitchen, and lush gardens.

Last confirmed

Type
Land
Land
19,203 ft²
Topography
hilltop
Water
Yes

What this listing includes

  • Ocean view

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