Lucaya

Freeport's beachfront resort district around Port Lucaya, the island's prime waterfront and best-yielding market.

Updated June 17, 202611 min read

About Lucaya

Lucaya is the tourist and waterfront heart of Grand Bahama, a planned beachfront district built around the Port Lucaya Marketplace, a full-service marina, the long-anticipated Grand Lucayan resort revival and a sweep of fine beaches. It is the most amenity-rich and liquid part of Freeport, lined with canal-front homes, beachfront condos and gated communities, and it benefits most directly from the new cruise port and airport investment reshaping the island. This is Grand Bahama's prime yield market. Lucaya homes range from roughly US$399,000 to US$4.5M with a median near US$1.29M, typically US$350-$700 per square foot, while waterfront homes with pools and docks generate strong 8-9% annual yields. Entry prices well below New Providence, combined with high rental returns and infrastructure-led upside, make Lucaya the standout value-plus-income play in the Bahamas. Move-in-ready waterfront homes are tightening as supply absorbs into 2026, and qualifying purchases clear the US$750,000 residency threshold.

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Location

Lucaya in Freeport, Grand Bahama Island, Bahamas

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Figures are indicative and subject to change. Regulations, taxes and market conditions vary by jurisdiction. Do your own due diligence and seek independent legal and financial advice.

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