RUSSEL ISLAND
Available on request
15 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The reason to consider it.
RARE BEACHFRONT MULTI-FAMILY DEVELOPMENT OPPORTUNITY. An extraordinary canvas awaits, set along the pristine shoreline of Russell with over 200’ of powder beach frontage and encompassing over 3 acres of land, this beachfront parcel offers a unique chance to secure a large, development site in one of The Bahamas’ most desirable locations. Perfectly zoned for multi-family development, the property represents a once in a lifetime opportunity for investors and developers seeking location, exclusivity and long-term value. Positioned on the north side of Russell Island, just southwest of the bridge to Spanish Wells, this site combines accessibility with an asphalt paved private entrance, a gentle sloping elevation and is ideal for luxury residences, income-producing apartments or a boutique coastal community. Beachfront acreage of this size, zoning, and infrastructure is exceptionally scarce, call today to arrange a consultation.
Last confirmed
- Type
- Land
- Land
- 133,193 ft²
What this listing includes
- Beachfront
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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