Freeport Homes For Sale - Grand Bahamas

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Although the population of the island of Grand Bahama dates back for centuries, it wasn't until 1955 when Virginia businessman Wallace Groves realized the potential of this beachfront island paradise as a port of entry to the U.S. and a tourist destination. He signed an agreement with the Bahamas Government called the Hawksbill Creek Agreement in which he took barren Grand Bahama real estate and built a city called Freeport around beachfront homes, waterfront condominiums and oceanfront resorts.

Browse Freeport real estate listings or read more about living on Grand Bahama below.

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Mt. Pleasant East End


Type: For Sale

Status: Available

Grand Bahama, Bahamas
30 Acres

Photo of Listing #889053011

Port Of Call Drive 1020


Type: For Sale

Status: Available

Grand Bahama, Bahamas
2 Bed, 2 Bath, 1200 Sqft, 3.2 Acres

Live Your Dream Tropical Lifestyle

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The Freeport Real Estate Market

freeport real estateWithin a few years, the population of Freeport doubled. Wallace Groves was given permission to build airports, ports, roads, utilities, resorts and casinos. His company, The Grand Bahama Port Authority, for which he served as president, was given permission to allow tax-free income and exemption from customs duties—setting the stage for what is now Freeport, the second largest city in the Bahamas. Freeport as the name implies is a port that is exempt from Customs Duties and taxes within the port. Many residents have two cars. One with duty paid and one without duty paid. The "bonded" car cannot leave the port area unless duty is paid. To cross that line means that customs duty has been paid.

Freeport Homes And Condos

If you're going to be in Freeport shop at Port Lucaya Marketplace or let one of our Bahamas real estate agents show you your dream beachfront and Canalfront property. Freeport real estate is a good value. Waterfront property can be found on numerous canal waterways as well as beachfront homes along what is known as "millionaire's row", where Ted Turner and Jane Fonda owned a home at one time, as well as John Travolta and other stars of both sports and screen. Freeport is known as the the second city behind Nassau because of it's infrastructure and its industrial and commercial real estate. Freeport has invested in transforming a certain amount of Freeport property into a cruise port and container terminal.

Freeport Bahamas Commercial Real Estate

The Freeport Container Port is a privately owned and operated port of Hutchison Port Holdings (HPH), the world's leading port investor, real estate developer and operator with interests in 26 countries throughout Asia, the Pacific, the Middle East, Africa, Europe and the Americas. The Freeport Container port has the deepest harbour of any in this hemisphere at 16 m of depth. Freeport Container Port is located 65 miles from Florida, and is strategically located to serve as a major world container transshipment hub between the Eastern Gulf Coast of the United States, the Gulf of Mexico, the Caribbean, South America, and trade lanes to European, Mediterranean, the Far East, and Australian destinations. Freeport real estate is not only accessible by air but by cruise ship. Freeport is serviced by Freeport International Airport which can accommodate aircraft of all sizes.

Does life in Freeport sound appealing to you? Let us put together a list of properties matching your criteria. Contact Dupuch real estate, today.

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The data relating to real estate for sale/lease on this website comes in partfrom a cooperative data exchange program of the Bahamas MultipleListing Service (MLS) in which these Brokers participate (BREA). Theproperties displayed may not be all of the properties in the Bahamas MLSdatabase, or all of the properties listed with Brokers participating in thecooperative data exchange program. Properties listed by Brokers other thanthis Broker/Agent are marked with the IDX Symbol, indicating an agreementto exchange property information. Detailed information about such propertiesare noted as Courtesy of: The Bahamas MLS. Information provided isthought to be reliable but is not guaranteed to be accurate. You are advised toverify 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.