Caribbean MLSReal Estate

The Island Beach Club Subdivision

Available on request

The brief

The reason to consider it.

This fully approved subdivision is set on just under 15 acres of land off one of the best beaches in Eleuthera. The subdivision was created and approved in the 1960s, allowing for immediate sale of lots and construction of homes.

Currently, three out of the 34 lots have been sold. The main road provides access to the beach, but the second road is no longer passable. There are no utilities currently pulled to the properties; new buyers will need to arrange for power and water.

For developers and builders seeking a project with minimal red tape on Eleuthera, The Island Beach Club offers a prime opportunity.

Last confirmed

Type
Land
Land
6,915,920 ft²
Zoning
residential
Topography
hilltop
Build ready
No
Subdivision approved
Yes
Water
No
Electricity
No
Permitted uses
Single family

What this listing includes

  • Beachfront
  • Ocean view

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