Caribbean MLSReal Estate

3 bedroom Residence for sale

Available on request

The brief

The reason to consider it.

Spacious family home with swimming pool located on Russell Island, Spanish Wells, Bahamas. This well-appointed residence offers three bedrooms, three bathrooms, a home office, and a large kitchen and living area—perfect for family living or hosting guests.
The living room and primary bedroom open directly onto a refreshing swimming pool and expansive patio, ideal for outdoor dining and entertaining. The generous grounds are a gardener’s delight, featuring mature fruit trees and ample space for a vegetable garden.
Additional features include a formal dining room, laundry room, two-car garage, hurricane shutters, generator, and a large rainwater cistern. Conveniently located near the bridge to Spanish Wells, parks, and marinas, this beautiful home offers comfort, space, and an excellent island location.

Year built
1985
Type
Villa
Land
34,186 ft²

What this listing includes

  • Pool
  • Home office
  • Kitchen
  • Laundry
  • Parking
  • Backup generator
  • Water storage
  • 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