Grand Bahama is the second largest island in the Bahamas and one of the most accessible Caribbean real estate markets for international buyers, sitting just 55 miles off the coast of South Florida with direct ferry connections from Fort Lauderdale and regular flights from Florida and Nassau. Freeport, the island's commercial and residential hub, is the second largest city in the Bahamas and home to one of the most diverse property markets in the archipelago from affordable residential homes and condominiums in established communities like Lucaya and Lincoln Green to waterfront development land and resort sites at West End that represent some of the most compelling large-scale investment opportunities in the entire Caribbean.
Grand Bahama real estate offers a combination of value, accessibility, and natural beauty that few Caribbean markets can match. The island is in an active period of recovery and reinvestment following recent hurricane impacts, with infrastructure improvements and new development activity creating genuine opportunities for buyers who understand the market's trajectory. Property prices across Grand Bahama and Freeport are meaningfully more accessible than comparable Nassau properties, with residential homes available from approximately $150,000, condominiums from approximately $80,000, and vacant lots from under $50,000 in established residential areas. At the top of the market, waterfront estate homes, marina properties, and resort development sites offer significant value relative to comparable assets in Nassau or other Caribbean markets.
The Bahamas offers zero income tax, no capital gains tax, no inheritance tax, and no restrictions on foreign ownership. Grand Bahama's free trade zone status adds an additional layer of economic advantage for commercial and investment buyers. VAT at a flat 10% applies for foreign buyers at closing and commission is paid by the seller, meaning buyers working with Pitt Property Group pay no agent fees. Properties at or above $1,000,000 USD qualify buyers for Bahamas Permanent Residency.
Samia Pitt, residential and commercial specialist at Pitt Property Group, was born and raised in Grand Bahama and brings genuine on-the-ground knowledge of every community on the island from the established residential corridors of Lucaya and Bahamia to the waterfront opportunities at Bell Channel and the development potential of West End. This is not knowledge from a listing database. It is knowledge from a lifetime of living in the community. Contact Samia at (242) 421-1084 or samia@pittpropertygroup.com to discuss Grand Bahama real estate.
Lucaya real estate — Grand Bahama's premier beachfront and marina community.
Bell Channel real estate — marina district homes, condos and waterfront land.
Bahamia real estate — Grand Bahama's most established residential community with lots from $24,000.
West End Grand Bahama real estate — beachside living and development land at the western tip of the island.
Bahama Reef Yacht and Country Club real estate — marina-adjacent club community with homes from $100,000.
Fortune Bay real estate — premium waterfront homes and marina-front development land.
Emerald Bay real estate — residential lots from $20,000 in Grand Bahama's eastern corridor.
Dover Sound real estate — affordable residential lots from $25,000 in a quiet eastern setting.
Grand Bahama East real estate — beachfront homes and remote land at the eastern tip of the island.
Grand Bahama condos for sale — full island condo inventory from $30,000 across all communities.
Freeport condos for sale — condominiums in the Freeport and Lucaya corridor.
Grand Bahama homes for sale — houses and residential properties across all Grand Bahama communities.
Freeport homes for sale — houses and family homes in the Freeport and Lucaya corridor.
Grand Bahama land for sale — lots and development parcels from $4,500 across the island.
Freeport land for sale — residential and commercial lots within the Freeport city corridor.
Grand Bahama resorts and hotels for sale — marina properties, boutique hotels and waterfront development sites.
Grand Bahama duplexes for sale — income properties and multi-family buildings across the island.
Grand Bahama triplexes for sale — three-unit income properties in the Freeport residential corridor.
Grand Bahama multi-family for sale — duplexes, triplexes and income-generating buildings across Grand Bahama.
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.