26 SECTION B, RAINBOW BAY
Available on request
17 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The reason to consider it.
Lot 7, Block 26 – Rainbow Bay, Eleuthera Perched in the sought-after community of Rainbow Bay, this 9,800 sq. ft. vacant lot offers a rare opportunity to build your dream island retreat or a high-performing vacation rental. Elevated up to 80 feet, the property enjoys breathtaking dual views of both the Caribbean Sea and the Atlantic Ocean—capturing sunrise and sunset vistas in one spectacular location. Just minutes away lies the beautiful Rainbow Beach, known for its powdery white sand and calm, crystal-clear waters. Residents of Rainbow Bay benefit from a well-established community featuring access to multiple beaches, a boat ramp, tennis courts, and a cozy local restaurant, all designed to complement a relaxed island lifestyle. Conveniently located, the property is a short drive to grocery stores and only 15 minutes from Governor’s Harbour Airport, offering easy accessibility for homeowners and guests alike. With Eleuthera continuing to grow in popularity as a premier destination for luxury and boutique tourism, this lot represents an exceptional investment opportunity.
Last confirmed
- Type
- Land
- Land
- 105,486 ft²
- Zoning
- residential
- Topography
- hilltop
- Subdivision approved
- Yes
- Elevation
- 80 m
- Permitted uses
- Single family, Tourism, Vacation rental
What this listing includes
- Tennis court
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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