---
title: Waterfront Villa Project in Freeport, Grand Bahama | CPH Investment Group
description: "Villa Pelagua: waterfront villa project in Freeport, Grand Bahama — 60 miles from Florida. Zero tax. Presented off-market by CPH Investment Group."
image: https://cphinvestmentgroup.com/hubfs/Villa_Pelauga.jpeg
---
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Freeport, Grand Bahama · 60 Miles from Florida
# Villa Pelagua. Private Beach. Private Dock. Zero Tax.
---
This is the kind of property that Florida used to offer — before the crowds, the insurance premiums, and the prices that no longer make sense. Waterfront. Private beach. Private dock. Direct water access. And zero income tax, zero capital gains tax, zero inheritance tax.
Grand Bahama is 60 miles from Florida. A direct flight from Miami takes under 45 minutes. Pamela and Christoph live and work here — on the ground, every day. When a property like Villa Pelagua becomes available, we know about it before anyone else does.
This is not a listing. It is a personal introduction to a property we know well, in a market we know better.
The Property
## Villa Pelagua — Bahama Reef & Country Club
---
Located in the Bahama Reef & Country Club — directly across from the Ocean Reef Yacht Club & Resort — Villa Pelagua sits at the intersection of exclusivity and practical luxury. It is a residence designed for people who do not compromise: on privacy, on water access, or on quality of construction.
Property at a Glance
| SALES PRICE | $2,990,000 USD |
| --- | --- |
| BEDROOMS | 4 |
| BATHROOMS | 4+ |
| LIVING AREA | 3,121 sqft |
| TOTAL AREA | 3,721 sqft |
| WATER ACCESS | Private beach · Private dock · Seawall |
| OUTDOOR | Private pool · Covered terraces (600 sqft) · Landscaped gardens |
| LOCATION | Bahama Reef & Country Club, Freeport · opp. Ocean Reef Yacht Club |
| DISTANCE TO FLORIDA | ~60 miles · ~45 min direct flight from Miami |
The Standout Feature
Private Beach — Rare. Real. Yours.
A private beach is not just a luxury in Grand Bahama — it is a scarcity. Combined with the private dock and seawall, Villa Pelagua offers the kind of direct water access that comparable Florida properties stopped offering years ago. And at a fraction of the price.
Architecture & Finish
Modern Luxury. No Compromises.
Open floor plans, generous ceiling heights, premium built-in kitchen, smart home system, impact glass, and high-end finishes throughout. The covered terraces open directly to the waterway. The living and dining areas flow seamlessly to the outside — the way Caribbean living should work.
The Opportunity
## What Florida Used to Be. Still Available Here.
---
A comparable waterfront property in South Florida costs 40–60% more — and comes with rising insurance premiums, state and federal income tax on rental earnings, and capital gains tax on appreciation. In Grand Bahama, none of that applies.
0%
Income Tax on Rental Earnings
0%
Capital Gains Tax
0%
Inheritance Tax
Grand Bahama is also a residency pathway. An investment at this level qualifies for expedited consideration for Bahamas permanent residency — typically around 6 months for a provisional permit. No minimum stay requirements. Your Caribbean home becomes your legal residence, with all the tax efficiency that comes with it.
Why Through CPH
## We Live Here. We Work Here.
---
Christoph lives in Freeport, Grand Bahama. Pamela runs our hospitality operations on the island. We are not managing this from a distance — we are here, every day. That gives us access to properties, relationships, and market intelligence that no remote buyer or external advisor can replicate.
When you buy through CPH, you are not buying a listing. You are buying access to people who know every corner of this market — and who will still be here long after the transaction closes.
Next Step
Schedule a Private Introduction.
We will share the full property package — floor plans, detailed specifications, financial projections, and residency pathway details — and arrange a personal viewing with Christoph on the ground in Freeport. No paperwork upfront. Just a conversation.
[Schedule a Viewing →](https://meetings.hubspot.com/calbeck) [Send an Inquiry →](https://cphinvestmentgroup.com/investment-contact-form)
This property is presented exclusively through CPH Investment Group. All information is provided for informational purposes only and is subject to verification. Tax benefits described apply under current Bahamas law and may vary based on individual circumstances. We recommend consulting your own tax and legal advisors.
Frequently Asked Questions
## What Buyers Ask Us About Villa Pelagua.
---
### Where exactly is Villa Pelagua?
In the Bahama Reef & Country Club in Freeport, Grand Bahama — directly across from the Ocean Reef Yacht Club & Resort. Grand Bahama is approximately 60 miles from Florida, with direct flights to Miami in under 45 minutes. It is the closest Bahamian island to the US mainland. Christoph is there. We know the neighborhood well.
### Is the private beach genuinely private?
Yes. A private beach is one of the most genuinely scarce features in Grand Bahama. Combined with the private dock and seawall, Villa Pelagua offers direct water access for boats, water sports, and completely uninterrupted water views. It is not a shared amenity. It belongs to this property.
### What are the actual tax benefits?
The Bahamas levies zero income tax on rental earnings, zero capital gains tax, and zero inheritance tax. For a property generating $150,000–$200,000 in annual rental income, the difference compared to a comparable Florida property is substantial — over a 10-year period we are talking about hundreds of thousands of dollars that stay with you rather than going to the IRS. We recommend consulting your own tax advisor on your specific situation.
### Does this qualify me for Bahamas residency?
Yes. An investment at this level qualifies for expedited consideration for Bahamas permanent residency — typically around 6 months for a provisional permit. There is no minimum stay requirement. Your Caribbean property becomes your legal residence, with all the lifestyle and tax advantages that brings. CPH can guide you through the process — we have done it before, and Pamela manages our hospitality operations here full-time.
### Can I rent it out when I am not using it?
Yes. Grand Bahama is a year-round tourism destination experiencing renewed interest from high-end travelers. Demand for premium waterfront properties is strong, and all rental income is tax-free. Pamela leads our hospitality management arm on the island — we can discuss rental management as part of your ownership structure.
### How does buying through CPH work?
We start with a conversation — no paperwork, no commitment. We share the full property package, discuss your goals, and if it makes sense on both sides, we arrange a personal viewing with Christoph in Freeport. We introduce you to our trusted local attorneys and advisors. We stay involved through closing and beyond. That is how we work.
### Why is this not listed publicly?
Because the right buyer for a property like this does not browse real estate portals. They come through relationships, through people they trust, through introductions. That is our network. If you are reading this, someone brought you here for a reason.
Ready to See It?
Christoph will show you around personally.
[Schedule Your Private Viewing →](https://meetings.hubspot.com/calbeck)
CPH Investment Group · Freeport, Grand Bahama · Miami, FL · Since 2001
All information subject to verification. Tax benefits vary by individual circumstances. Consult your own legal and tax advisors.
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## © 2026 CPH Investment Group Ltd. All Rights Reserved. The information on this website is for informational purposes only and does not constitute an offer to sell, a solicitation of an offer to buy, or investment, legal, tax or financial advice. Real estate investments involve substantial risks, including the possible loss of principal. Past performance is not indicative of future results. This site is intended solely for accredited investors in jurisdictions where such communications are permitted. Please consult your own qualified advisors before making any investment decision. Full legal notices: \[[Imprint](https://cphinvestmentgroup.com/en/imprint)\]
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[](https://almabahamas.com/)
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