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3 Bedroom Waterfront Home for Sale, Rainbow Bay, Eleuthera, Bahamas

Eleuthera & Harbour Island, Bahamas

Property ID: 35115

3 bedroom waterfront home for sale in The Bahamas located in a prime spot at Paradise Cove in Rainbow Bay, Eleuthera.

Rainbow Bay, Eleuthera, Bahamas – Waterfront Home for Sale

This uniquely located property is set on approximately 1 acre of land with 200 feet of surrounding waterfront and an adjoining beach with sparkling blue waters.

The home offers 2,000 square feet under air with amazing ocean views.

The interior features an open dining and entertaining area, with a wall of sliding glass doors that flow out to a spacious outdoor deck, plunge pool and the stunning coastline and cay.

The well-appointed kitchen includes a breakfast bar and a comfortable lounge area and also enjoys direct access to the pool area.

The home includes 3 bedrooms and 3 bathrooms, 2 of which are located on the ground level.

The master bedroom suite occupies the entire upper level and features a private master bedroom, master bathroom and sliding glass doors to a balcony overlooking the ocean.

Great Rental History

The property comes with a great rental history, making it an investment with huge potential.

Room for Expansion

Additional acreage is available to purchase separately, offering the opportunity to expand and develop the property.

Rainbow Bay, Eleuthera, Bahamas

This property is conveniently situated in Rainbow Bay only a 15-minute drive to the airport and near the main settlement of Governors Harbour, where there are plenty of grocery stores, shops and restaurants.

Rainbow Bay in Eleuthera in The Bahamas offers amenities including tennis courts, boat ramps, beaches and park sites, as well as the popular Rainbow Inn.

A Snapshot of Bahamas

  • Average asking price $3,170,854
  • % + or - average property price +31%
  • Property price range $165,000 - $40,000,000

Top 3 Reasons to Invest in Bahamas

  • 700 jaw-droppingly beautiful beach-fringed islands dotted in the sparkling turquoise Atlantic Ocean.
  • Highly attractive tax incentives, such as freedom from income tax, VAT, inheritance tax and capital gains tax.
  • Sophisticated, stable real estate market with a wide variety of waterfront homes available from affordable to ultra-luxury with the option of applying for permanent residency.