Discovered by Europeans during Ponce de Leonís quest for the Fountain of Youth in 1513, Grand Bahama Island is part of the island nation known as the Bahamas, located just east of south Florida. From the capital City of Freeport/Lucaya to casinos, resorts and pristine beaches, Grand Bahama Island is the paradise you have been looking for. Nature still has a strong foothold on the island, allowing visitors and residents to bask on secluded beaches or visit tangled mangrove swamps. The Island has three national parks, including Lucayan National Park, where visitors can witness all six of the islandís ecosystems in action. The island is also home to bountiful plants and wildlife, and Freeport/Lucaya is home to several lush gardens. After taking in your fill of natural beauty, head on over to one of the countless beaches and try parasailing, snorkeling, windsurfing or one of the three challenging golf courses. Currently under development is an oasis within the paradise, the master-planned community of Ginn sur Mer. Ginn sur Mer will include an inspired collection of private homes, picturesque beaches, golf courses designed by Jack Nicklaus and Arnold Palmer, a Grand Canal, marina, spa, casino, private airport and a multitude of restaurants. Residents and visitors to Ginn sur Mer will enjoy nothing but the most luxurious and stylish of experiences in Grand Bahama Island. If you have ever envisioned an island escape, this is it. Whether itís the friendly welcome you get in Freeport/Lucaya or the delicious tan you get on the beach, Grand Bahama Island will immediately become your favorite oasis.
Grand Bahama Island real estate options consist of single-family homes in the high $100,000s to well over $1 million. A very limited selection of condominiums and townhouses is also available. Land lots for custom building range from less than $100,000 to $1 million and up.
Grand Bahama Island Real Estate Stats and Trends for the week of July 21st, 2014: homes priced around $136,675 compared to $136,675 the previous week, to remain steady with no change in listing price. For Thursday, July 24th, the current national mortgage rate for a 30 year fixed mortgage is 4.27%; the 15 year fixed rate is at 3.27%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.56%, while the 15 year jumbo rate currently is at 3.70%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Grand Bahama Island FL. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Grand Bahama Island to help you find the best home!