Sea Blue Rentals is currently offering two stunning beach rentals on the picturesque island of Spanish Wells, Bahamas. Please view both of the rentals below as they both offer something different and unique. In the midst of the beautiful turquoise waters that surround the 700 islands of the Bahamas , there lies a unique island that plays a very important role in Bahamian history. This island is called Spanish Wells and is located off the northern tip of Eleuthera. Most of the people living on Spanish Wells are decendants of the Eleutherian Adventurers, who came to the Bahamas seeking religious freedom. The name Spanish Wells comes from the history of the Spanish sea captains. These captains sank two-foot wells in the sand to replenish their water supply before crossing the Atlantic . However, the real history of Spanish Wells dates back to the mid.