Caribbean MLSReal Estate

Eleuthera Vacant 0.44 Acre Opportunity

Available on request

The brief

The reason to consider it.

Discover your slice of paradise with this well-priced ocean-view lot in Rainbow Bay, Eleuthera. Spanning 19,200 square feet on a quiet cul-de-sac, this generously sized lot offers slight elevation, granting breathtaking views of the turquoise waters on the southwest side of the island.

The charming community in Central Eleuthera is renowned for its stunning beaches, tranquil atmosphere, and convenient accessibility. Lot 40, Block 38 is ideally situated to take advantage of the area’s natural beauty and amenities, making it the perfect location to build your dream island retreat.

Enjoy the best of island living with several pristine beaches just moments away, along with nearby grocery stores, restaurants, and liquor stores for your convenience. Eleuthera boasts over 100 magnificent beaches to explore and is serviced by three airports, ensuring easy travel to and from the island.

Don’t miss this opportunity to own a piece of paradise in one of the Bahamas’ most sought-after locations!

Last confirmed

Type
Land
Land
19,192 ft²
Topography
hilltop

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