Caribbean MLSReal Estate

GEORGE STREET

Available on request

The brief

The reason to consider it.

Just steps from the beach, this open-zoned property offers exceptional flexibility in the heart of Tarpum Bay. Situated on a 6,096 sq. ft. lot, the newly renovated building provides approximately 1,619 sq. ft. of total space, inclusive of a covered porch. With residential and commercial potential, the property is ideal for a private residence, boutique shop, office, rental units, or mixed-use investment. Located on George Street near the shoreline, the property also enjoys water views and strong visibility. An exceptional opportunity to own a versatile, move-in-ready property in one of Eleuthera’s most charming and walkable coastal communities.

Last confirmed

Year built
2015
Type
House
Land
6,092 ft²

What this listing includes

  • Beachfront
  • Ocean view
  • On-site security
  • Air conditioning
  • Furnished
  • Kitchen

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