Residential land lot in Eleuthera with ocean views
Available on request
16 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The reason to consider it.
Build your island getaway in the desirable Rainbow Bay community of Eleuthera. This 10,111-square-foot elevated lot on Overhill Drive enjoys beautiful ocean views and elevations of approximately 45 to 55 feet, offering cooling sea breezes and an attractive building site.
Rainbow Bay is known for its beautiful beaches and community amenities, including tennis and pickleball courts. Conveniently located near James Cistern, you’ll have easy access to restaurants, shops, and everyday conveniences while enjoying the peace and beauty of island living. Whether you’re looking to build a vacation home, investment property, or full-time residence, this ocean-view lot presents an excellent opportunity to own a piece of Eleuthera.
- Land
- 10,097 ft²
- Zoning
- residential
- Topography
- flat
- Interior
- Available on request
- Year built
- Available on request
- Property type
- Available on request
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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