Caribbean MLSReal Estate

THE ISLAND RETREAT

Available on request

The brief

The reason to consider it.

The Island Retreat offers a rare opportunity to own an income-producing beachfront property with exceptional flexibility. The South Lot spans 33,073 sq.ft. With 171’ of ocean beachfront, featuring expansive decks overlooking an uninterrupted stretch of pristine sandy shoreline. Currently operating as a boutique hotel, the property includes a pool, hot tub, fitness center, bar, commercial kitchen, backup generator and is a sought after venue for weddings and special events. Guests rave about the breathtaking beach views and the rare design where every room enjoys ocean views and sunrise awakenings. The Property is approved under the Hotel Encouragement Act, holds a hotel licensing and includes approvals for five additional guest cottages, offering significant expansion potential. It can also be easily converted back into a private beachfront residence, creating an exceptional family retreat or private oasis. Optional: May be purchased with the North Lot, including an additional 2 bed/ 2 bath cottage, bringing the total to approximately 1.3 Acres and 225’ of beachfront.

Last confirmed

Type
Villa
Land
33,077 ft²
Year built
Available on request

What this listing includes

  • Pool
  • Beachfront
  • Ocean view
  • Fitness centre
  • Backup generator
  • Hotel-managed
  • Kitchen

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