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351 Acre Island for Sale, Abaco, Bahamas

Abaco Islands, Bahamas

Property ID: 100506

351 acre island for sale in Abaco Islands of The Bahamas with approval for an airstrip, marina and commercial use for a resort.

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Searching for large private islands for sale in The Bahamas ideal for development?

Located in the exquisite Abaco Islands of The Bahamas, this stunning 351-acre freehold private island comes with unprecedented government approval for a 6,000 foot private airstrip, 30-acre marina and commercial use for a resort with Hotel Encouragement Act benefits.

The Abaco region of The Bahamas is home to calm waters, warm breezes and panoramic beauty, with arguably the best boating, diving, fishing and sailing paradises in the world.

This island is just 122 miles from Palm Beach, 26 miles from Grand Bahama and just 20 miles from Walkers Cay, recently acquired by superyacht owner, Carl Allen.

The island has exposure to the Atlantic Ocean to the East with its cobalt blue waters, as well as the calm and shallow turquoise waters of Grand Bahama Bank to the West.

With over 10 pristine white sandy beaches spread over 5 miles of exquisite coastline, elevations to 50 feet, a large freshwater lake and abundant wildlife, the island is the jewel in the crown of the Abaco region.

The Perfect Development Opportunity

Following the existing owners positive interaction with the Bahamian Government, permission has been approved for:

  • a 6,000 foot private airstrip and helipad (the longest private airstrip in The Caribbean),
  • a 30-acre hurricane proof and landlocked marina,
  • commercial property use for a resort,
  • Hotel Encouragement Act benefits enabling duty free imports for the construction and renewal of all buildings, facilities and even furnishings, as well as zero Real Property Tax for the next ten years and with considerably reduced tax thereafter.
  • Other benefits under the Act also include VAT deferment, work permits for key personnel and no direct taxation against the earnings of the resort for 20 years.

    The island is the perfect development opportunity, enabling the buyer to add their own vision to the island, safe in the knowledge that the key approvals for the airstrip, marina and Hotel Encouragement Act are in place.

    The island has no old, outdated infrastructure and its natural beauty remains intact, enabling the buyer to create an easily accessible private retreat, or a paradise resort with multiple hotels, residential units, beach and yacht clubs, making it a world-renowned destination.

    Find Out More About Buying an Island in The Bahamas

    For more info on the the purchase process, please see our guide to: Buying an Island in The Bahamas.

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