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Plots and Land in Rainbow Bay, Eleuthera, Bahamas - Ref: Eleuthera beach front plots
6,950,000 EUR
Country
Bahamas
Region
Eleuthera
Town
Rainbow Bay
Bedrooms
0
Bathrooms
0
Construction (m2)
0
Plot (m2)
100000
Pool
Description
Approximately 20 acres of beachfront land, with 2,000 feet of beachfrontage, and with outline planning permission for a resort, or other similar development. This aeriel photograph shows the land and Rainbow Bay. This land is located at Rainbow Bay, Eleuthera and is 10 minutes drive from Governors Harbour Airport and 30 minutes from North Eleuthera Airport.
This property is one of the largest parcels of land on the Caribbean side of Eleuthera, with almost 2,000 feet of beachfrontage.
The land is presently undeveloped.
The asking price is for the outright purchase of the land; however the present owner is willing to enter into a joint venture with the new owner to fully develop the property, as suggested below.
Outline planning permission has been granted for a resort or similar project for the land, which has lovely panoramic views over the sea. Conceptual plans for a 40 villa resort with a restaurant and clubhouse located on a raised portion of the land, providing a 360 degree view.
The conceptual plans also include a 40 guest room boutique hotel, swimming pool, tennis courts and private beach area etc. There is also provision for dockage space for yachts and motors boats.
Eleuthera is approx. 1 mile wide and 112 miles long The island which has some of the finest beaches in the Bahamas and is frequented by the Royal Family, is about 20 minutes by air from Nassau, Bahamas. The Rainbow Bay land, which is one of the few remaining substantial pieces of beachfront land available in this area, is a wonderful investment opportunity.
Price : US$ 10,000,000 . The purchase will be made in US$. Any prices we quote in Euros are for guidance only and reflect the exchange rate on the day that the property was listed.
Property Plans and Additional Photos
Eluthera island,Rainbow Bay,Bahamas
Eluthera island,Bahamas
Eluthera island,Rainbow Bay,Bahamas
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