Grand Bahama Real Estate Guide [2023]

Mario Carey

Are you seeking an idyllic island paradise as your next home or vacation spot? Grand Bahama Island is a stunningly beautiful tropical destination with miles of white-sand beaches and crystal-clear waters. 

With so many exciting real estate opportunities, it’s no wonder why so many people are looking to invest in Grand Bahama real estate

 

About Grand Bahama Island 

Welcome to the majestic island of Grand Bahama! From the long expanse of white beaches to the world-famous Lucayan National Park, Grand Bahama has something for every type of traveler. 

Attend a Junkanoo festival and hear authentic Bahamian music or explore an art gallery to learn about the people of Grand Bahama and their traditions and customs. 

Whether you’re hoping for a tranquil getaway at a beautiful beach, a night of lively entertainment at the casino, or a thrilling exploration of the ancient underwater cave systems, Grand Bahama has it all! 

History

History

Grand Bahama is full of fascinating history. This island was once under Spanish and English rule before becoming independent and joining the British Commonwealth in 1962. However, before that, in the 1950s, Wallace Groves began developing the Grand Bahama Island into a tourist destination. He negotiated 50,000 acres of land with the Government of the Bahamas to make a port area, or what we now call Freeport. 

One of the best ways to understand Grand Bahama history is to visit the Lucayan National Park and explore its many heritage sites. Discover ancient artifacts and skulls of Lucayan tribes or take a tour of Pinder’s Point Lighthouse, the Boiling Hole, Holmes Rock Cave, and Hawksbill Creek.

Other popular landmark attractions in Grand Bahama are: 

  • Old Freeport: This is a vibrant town, trade center, and market area rich with history. The town has a mix of colonial and modern architecture and gives tourists a glimpse of how trade and tourism have impacted the island. 
  • Smith’s Town: Smith’s Town is home to the Fish Fry on Grand Bahama Island as well as memorializes lots of Bahamian’ heritage and culture. You can attend the Fish Fry on Wednesday and learn about some unique Bahamian traditions from the locals. 

Climate

Grand Bahama climate

Grand Bahama Island has a tropical climate that rarely exceeds 91 degrees. The hot summer season lasts from May until the end of October. 

Thankfully, it does rain in paradise. The rainy season lasts from June to October, with Grand Bahama Island seeing the most rainfall in August and September. It doesn’t usually get cold on the island, with January getting as low as 73 degrees. 

On rare occasions, there has been snowfall in the Bahamas, so rare that the last time it snowed was in 1977

Grand Bahama Island Living

Grand Bahama island

Grand Bahama is known for being one of the safest places to live, is extremely family-friendly, offers lots of aquatic and nature activities for people of all ages. 

With long stretches of deserted beaches, a major casino, nighttime entertainment, world-class scuba diving facilities, and land and sea sports, Grand Bahama is ideal for almost every traveler. 

William’s Town is perfect for those looking to experience the nightlife culture in the Bahamas. This town hosts festivals with live music and dancing and has a beautiful beach with popular Caribbean restaurants, boat rides, and more.  

Golfing is another popular tourist activity on the island, and the Reef Course, located in Freeport, is one of the most popular golf courses in the Bahamas. This elaborate 18-hole course was created by Robert Trent Jones Jr. in 2000. It incorporates water and greenery to make a short but challenging game for golf lovers. 

Grand Bahama is also home to gorgeous historic churches, cathedrals, and chapels. Their churches and religious practices are a huge part of their culture, history, and community even now. Freeport, Grand Bahama, is home to St. Stephen’s Anglican Parish, the first church established on the island in 1851. The church has since been renovated and restored and is still having service there today.

You can also dive into Deadman’s Reef to see ancient artifacts from the Lucayan tribe. Pottery pieces, vases, shell beads, hearths, and more lay on the ocean floor, waiting to be discovered. 

Freeport, Grand Bahama Living

Freeport Grand Bahama

Freeport, Grand Bahama, is the second largest city in The Bahamas and offers a unique mix of attractions and experiences. You can go from shopping at the Port Lucaya Marketplace–the largest open-air market in the country–to getting up close to native birds and wildlife at Lucayan National Park. 

The average cost of rent in Freeport is around $1,400 . Freeport is one of the most sought-after tourist destinations in the world, offering its visitors plenty of activities, history, and culture to soak up. 

Freeport also has the convenience of the island’s international airport, making it easier to travel to other islands within the Bahamas. 

 

Grand Bahama Real Estate for Sale

Here are some of our real estate listings for homes, condos, and land in Grand Bahama! 

Grand Bahama Homes for Sale

Grand Bahama home

Owning a home in The Bahamas is like having your own personal piece of paradise. Grand Bahama Island and the rest of The Bahamas have plenty of opportunities for beachfront living for expats or someone looking to get away for the summer. You can stay in developed luxury communities or build a home from the ground up. 

With MCR Bahamas, the possibilities are endless!

If you’re looking to relocate to The Bahamas for good, purchasing a home can be one of the easiest ways to become a resident. If you buy a property that costs 750,000 dollars or more, you can apply for Economic Permanent Residency. 

Browse our Grand Bahama home listings

Grand Bahama Condos for Sale

Grand Bahama condos

Bahamian condos have many benefits and are a great option for looking for something smaller than a house. 

With condos, you can enjoy amenities like beach access, swimming pools, lawn care, and garages but also take advantage of having your own privacy. You can find security and peace in owning a condo because they have high-level security with trained personnel, surveillance cameras, and gates. 

The only downside to owning a condo is paying maintenance fees, but someone will take care of your lawn work and provide round-the-clock concierge service. Sounds like a fair trade to us! 

Find your dream condo in Grand Bahama

Grand Bahama Land for Sale

Grand Bahama land

There’s no shortage of land to buy in The Bahamas. The country’s many islands are prime for residential and commercial development opportunities, with new projects built every year.

If you’re after a commercial development, Grand Bahama features tons of land potential, with some listings for plots of hundreds of acres. Aim for something near Freeport for ultimate appreciation potential. 

View Grand Bahama land listings

Luxury Communities in Grand Bahama

Grand Bahama community

There aren’t any major luxury communities in Grand Bahama, but there are luxury resorts and hotels for tourists. These resorts have casinos, beachfront views, golf courses, and more. A few luxury resorts in Freeport and Grand Bahama are: 

  • Viva Fortuna Beach
  • The Grand Lucayan 
  • Pelican Bay Hotel 
  • Ocean Reef Resort and Yacht Club
  • Bell Channel Inn
  • Royal Islander Hotel
  • Old Bahama Bay Resort

However, there are plenty of luxury communities all over the Bahamas, should you choose to live in one. These luxury communities have amazing international schools, amenities, country clubs, and golf courses, making them perfect for families. 

Learn more about luxury communities in The Bahamas 

 

Explore Grand Bahama Real Estate Today

Grand Bahama Island is one of the most beautiful places to live, with its clean and pristine white beaches, historic landmarks, and vibrant nightlife. So many have come from all over to this island home, and you can be one of them! 

At MCR Bahamas, our agents have extensive knowledge of the most desirable areas in The Bahamas, including properties not yet available to the public. We are also capable of finding commercial properties for our clients as well. 

We will work diligently to find your perfect home and give you the advice and guidance you need to make an informed decision. 

MCR Bahamas will act as your buyer’s representative, taking you through the transaction process, from negotiating the best price to overseeing inspections and closing. Our experienced agents will assist you every step of the way, making the home-buying process as stress-free and enjoyable as possible.

Find your new luxury home with MCR Bahamas.

 

Grand Bahama Real Estate Guide [2023]

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