Caribbean MLSReal Estate

THATCH TREE HOUSE

Available on request

The brief

The reason to consider it.

Charming vintage Bahamian concrete cottage on an elevated, landscaped lot in Rock Sound, Eleuthera. The main house features open-concept living with screened porches overlooking lush gardens and a private freshwater pool. Renovated in 2012 with ongoing updates. Includes city water, cistern, washer/dryer, and one-car garage with storage. Detached 1-bed, 1-bath guest cottage requires renovation. Surrounded by mature palms, fruit trees, and a spectacular banyan tree. Minutes to groceries, dining, medical services, and the iconic Ocean Hole. Ideal for a serene family home, vacation rental, or smart investment in growing South Eleuthera.

Last confirmed

Type
Villa
Land
1,594,178 ft²
Year built
Available on request

What this listing includes

  • Garden
  • Pool
  • Private pool
  • Parking
  • Kitchen
  • Laundry

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