Caribbean MLSReal Estate

Sands of Time Rainbow Bay, 3-bedroom residence in Eleuthera

Available on request

The brief

The reason to consider it.

Escape to Sands of Time, a newly built 3-bedroom, 3-bathroom residence perched above the Atlantic in Rainbow Bay, Eleuthera. The open-plan great room and modern kitchen flow to a wrap-around wooden deck that blurs indoor and outdoor living, capturing sea breezes and ocean views.

The home is constructed with a timber frame and high-end finishes, and is sold with all utilities and high-speed internet. It has an established vacation rental track record, making it suitable as a private island retreat, remote-work base, or investment property.

  • Interior: 114.55 m² (1,233 sq ft)
  • Lot: 928.05 m² (9,990 sq ft)
  • 3 bedrooms, 3 bathrooms
  • Wrap-around wooden deck / terrace, ocean view
  • Modern kitchen, high-speed internet
Type
House
Land
9,989 ft²
Year built
Available on request

What this listing includes

  • Ocean view
  • Terrace
  • Kitchen
  • Wi-Fi

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