Lucaya Real Estate - Homes, Condos and Land in Grand Bahama's Premier Community
Lucaya is Grand Bahama's premier residential and resort community, stretching along the island's southern beachfront and marina corridor with the widest selection of property types on Grand Bahama. From entry-level lots starting from approximately $4,500 and studio condominiums from $58,900 to luxury beachfront homes above $4,000,000, Lucaya serves every buyer profile, first-time Bahamas investors, expat families, vacation home buyers, and serious luxury purchasers alike. With around 54 active listings at any given time and a community median price of approximately $205,000, Lucaya consistently delivers more property value per dollar than comparable Caribbean beach communities. Samia Pitt, born and raised in Grand Bahama, is Pitt Property Group's Lucaya specialist. Contact Samia at (242) 421-1084 or samia@pittpropertygroup.com. Browse all listings through Grand Bahama Freeport real estate.
About Lucaya
Lucaya sits adjacent to Freeport city on the southern coast of Grand Bahama Island, centred around Port Lucaya Marketplace- a waterfront shopping, dining, and marina hub that anchors daily life in the community. The area is characterised by its beach access, the Bell Channel inlet to the east, the Lucayan National Park to the west, and a well-established international ownership community that has made Lucaya the most recognisable address on Grand Bahama for decades. The community offers a genuine resort lifestyle at accessible price points - beachfront living, marina access, dining within walking distance, & the natural beauty of one of the Bahamas' most diverse coastal environments.
Property Types in Lucaya
Lucaya Homes
Lucaya homes range from entry-level two-bedroom houses from approximately $80,000 to $125,000 through to premium oceanfront and canal-front estates reaching $4,495,000. The median Lucaya home price is approximately $259,000. Two-bedroom homes are the most active segment, averaging $95,000 to $250,000. Three and four-bedroom homes range from $235,000 to $600,000 for mid-range properties & from $1,200,000 to $4,495,000 for premium waterfront & resort-adjacent residences. Key Lucaya home developments and streets include Coral Road, Silver Point, Sunset Bay, & the Lucayan Country Club corridor.
Lucaya Condominiums
Lucaya is the most active condominium market on Grand Bahama, with condos from approximately $58,900 for studio and one-bedroom units at developments like Lucayan Towers North and Coral Beach to $575,000 to $599,000 for premium oceanfront residences at The Oceanview and Silver Point. Key condo developments include Coral Beach, Harbour House Towers, Riviera Towers, & The Oceanview. Browse all Grand Bahama condos for sale and Freeport condos for sale for the full Lucaya condo inventory.
Lucaya Land and Lots
Lucaya lots are available from approximately $4,500 - one of the most accessible land entry points in the entire Bahamas - to $394,000 for premium development parcels. The median Lucaya lot price is approximately $58,900. Entry lots from $4,500 to $30,000 are smaller parcels suited to cottage or studio development. Mid-range lots from $42,000 to $120,000 are well-sized for single family home construction. Upper-range parcels from $150,000 to $394,000 offer larger footprints or prime positioning near the beach and marina. Browse all Grand Bahama land for sale and Freeport land for sale.
Lucaya Pricing at a Glance
| Property type | Entry price | Upper range | Median |
|---|---|---|---|
| Vacant lots | From $4,500 | $394,000 | ~$58,900 |
| Studio and 1-bed condos | From $58,900 | $125,000 | ~$89,000 |
| 2-bed condos and homes | From $80,000 | $350,000 | ~$175,000 |
| 3 to 4-bed homes | From $235,000 | $600,000 | ~$400,000 |
| Luxury waterfront homes | From $1,200,000 | $4,495,000 | ~$2,500,000 |
| Community-wide median | From $4,500 | $4,495,000 | ~$205,000 |
All prices BSD at parity with USD. VAT at 10% applies for foreign buyers at closing. Commission is paid by the seller. Properties at or above $1,000,000 qualify buyers for Bahamas Permanent Residency.
Why Buy in Lucaya?
Lucaya offers a combination of lifestyle, accessibility, and value that is difficult to replicate at these price points anywhere in the Caribbean. The community's beach access, marina facilities, dining and retail at Port Lucaya Marketplace, and well-established international ownership base create an ownership environment that functions as a genuine resort community rather than just a residential neighbourhood.
Frequently Asked Questions about Lucaya Real Estate
How much does property cost in Lucaya Grand Bahama?
Lucaya property ranges from approximately $4,500 for entry lots to $4,495,000 for premium waterfront homes. The community-wide median price is approximately $205,000. Studio condos start from $58,900. Two-bedroom homes average $95,000 to $250,000. Three and four-bedroom waterfront homes start from approximately $1,200,000. Contact Samia Pitt at (242) 421-1084 for availability.
What is Lucaya known for on Grand Bahama?
Lucaya is Grand Bahama's premier resort and residential community, known for its beach access, Port Lucaya Marketplace waterfront shopping and dining, marina facilities at Bell Channel, and well-established international ownership community. It is the most active property market on Grand Bahama and the most sought-after address on the island for both owner-occupiers and investors.
Is Lucaya a good place to invest in real estate?
Yes. Lucaya has the strongest rental demand on Grand Bahama driven by beach proximity, marina access, and the Port Lucaya Marketplace resort environment. Property prices in Lucaya are significantly more accessible than comparable beach communities in Nassau or other markets, making the entry cost for a quality investment property genuinely affordable.
Can foreigners buy property in Lucaya Bahamas?
Yes. No restrictions on foreign ownership anywhere in the Bahamas. Properties at $1,000,000 or above qualify buyers for Bahamas Permanent Residency.
Explore Lucaya and Grand Bahama Real Estate
Grand Bahama condos for sale — full island condo inventory including all Lucaya developments.
Freeport condos for sale — condominiums in the Freeport and Lucaya corridor.
Grand Bahama homes for sale — homes across all Grand Bahama communities.
Grand Bahama land for sale — lots from $4,500 across the island.
Bell Channel real estate — marina district homes, condos and lots adjacent to Lucaya.
Bahamia real estate — established residential community west of Lucaya.
West End Grand Bahama real estate — beachside living at the western tip of the island.
Grand Bahama Freeport real estate — browse all property types across the island.
Bahamas Permanent Residency — qualifying purchases at $1,000,000 and above.
Samia Pitt — our Grand Bahama born-and-raised specialist.
The data relating to real estate for sale/lease on this website comes in part from a cooperative data exchange program of the Bahamas Multiple Listing Service (MLS) in which these Brokers participate (BREA). The properties displayed may not be all of the properties in the Bahamas MLS database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker/Agent are marked with the IDX Symbol, indicating an agreement to exchange property information. Detailed information about such properties are noted as Courtesy of: The Bahamas MLS. Information provided is thought to be reliable but is not guaranteed to be accurate. You are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. This information is protected from unlawful duplication by copyright.