Caribbean MLSReal Estate

LOT5

Available on request

The brief

The reason to consider it.

This 1.041-acre parcel is located along Queens Highway in the vicinity of Holmes Bay, within the Tranquility Bay area-a peaceful and scenic stretch of Eleuthera known for its natural charm and relaxed lifestyle. Perfectly positioned for a private residence or vacation home, the acreage is just a 5-minute drive from Receiver’s Beach, one of Eleuthera’s most beautiful and swimmable coastlines. You’ll also be within close reach of Governor’s Harbour, which offers all the essentials for comfortable living—restaurants, grocery stores, banks, and more. Governor’s Harbour International Airport is conveniently nearby, providing air access for both local and international travel. With direct road access and nearby utilities, this acreage is ready for development in one of Eleuthera’s most desirable coastal areas.

Last confirmed

Type
Land
Land
448,435 ft²
Zoning
residential
Topography
flat
Build ready
Yes
Water
Yes
Electricity
Yes
Internet
Yes
Permitted uses
Single family, Tourism, Boutique hotel

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