Rainbow Bay is a popular subdivision located between Gregory Town and Governor's Harbour airport. There are sparsely developed homes with a very popular beach in the immediate Rainbow Bay area. Rainbow Bay is easily accessible and a good example of a Caribbean beach with clean, clear turquoise water that is calm and warm and always popular for a beach picnic. There is also very good snorkeling along the low cliffs. Rainbow Bay owners are from around the worldsand enjoy their homes full year round or as rental investments.