NORTH PALMETTO POINT
Available on request
5 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The reason to consider it.
Amazing investment opportunity, this multi-family/commercially zoned parcel is 1.134 acres in size, with 121+ feet of frontage on the main Queen’s Highway in Eleuthera, the Jewel of The Bahamas. Located in the settlement of North Palmetto Point and 10 minutes south of Governor’s Harbour – close to all amenities such as hardware stores, grocery stores, bank, restaurants, pharmacy, clinic and more. Endless potential for businesses, restaurants, offices, apartments, or mixed use.
Last confirmed
- Type
- Land
- Land
- 44,541 ft²
- Zoning
- multi-family/commercially zoned
- Road frontage
- 36 m
- Permitted uses
- Single family, Duplex, 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
The asking price is not what it costs.
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