Discover Pelican Residences Grand Bahama

Imagine waking up to turquoise canal views, stepping onto your private dock, and casting a line before breakfast—all while earning 10.7% tax-free rental income from your waterfront investment.

Pelican Residences, nestled in the heart of Freeport, Grand Bahama, offers an unparalleled combination of Caribbean waterfront living and guaranteed investment returns. Located directly on an expansive canal system with private boat docks, residents and tenants enjoy direct ocean access, world-class fishing, and proximity to Grand Bahama's pristine beaches—all within a secure, modern community designed for the Build-to-Rent model.

This exclusive Grand Bahama waterfront community combines the tranquility of luxury island living with the convenience of Freeport's international infrastructure—Grand Bahama International Airport (45 minutes from Miami), Port Lucaya Marketplace, championship golf courses, international schools, and modern healthcare facilities. Yet what truly sets Pelican Residences apart is its proximity to the economic engines driving Grand Bahama's rental market: Port of Freeport, Grand Bahama Shipyard, Carnival Corporation, and MSC Cruises—employers of 3,000+ highly paid expatriates requiring long-term waterfront housing.

Pelican Residences Grand Bahama is purpose-built for investors seeking tax-free passive income in a hurricane-resistant, modern waterfront community—protected by the Hawksbill Creek Agreement's 0% income tax, 0% capital gains tax, and 0% property tax through 2054. Whether you're building a rental portfolio, qualifying for Bahamas Permanent Residency, or securing a Caribbean vacation home that pays for itself, Pelican Residences delivers the perfect balance of lifestyle, location, and investment performance.

Pelican Residences Floor Plans

Modern duplex design with 3 bedrooms, 2.5 bathrooms, open-plan living, private pool, and waterfront canal access. Each unit is fully furnished and optimized for rental income.

First Floor

Pelican Residences Grand Bahama First Floor Plan

First Floor Features:

  • Open-plan living and dining area with waterfront views
  • Modern kitchen with island, stainless steel appliances, and breakfast bar
  • Guest bedroom with en-suite bathroom
  • Covered terrace with direct canal access
  • Private pool and outdoor entertainment area
  • Car park

Second Floor

Pelican Residences Grand Bahama Second Floor Plan

Second Floor Features:

  • Master bedroom with en-suite bathroom and walk-in closet
  • Master balcony with waterfront canal views
  • Second bedroom with built-in closets
  • Shared full bathroom with modern fixtures
  • Laundry room with washer/dryer connections
  • Additional storage space
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Why Pelican Residences Grand Bahama?

🏖️

Waterfront Canal Living

Direct canal access with private boat dock, perfect for fishing, boating, and water sports. Each duplex unit features waterfront views and outdoor living spaces.

💰

8-10% Tax-Free Yields

Guaranteed tenant demand from major employers (Port, Shipyard, Carnival, MSC) delivers consistent 8-10% annual rental yields—100% tax-free under the Hawksbill Creek Agreement.

🏠

Modern Duplex Design

Each unit: 3 bedrooms, 2.5 bathrooms, open-plan living, modern kitchen, private pool, covered terrace, and 2-car garage. Fully furnished and move-in ready.

🌀

Hurricane-Resistant Construction

Built to Miami-Dade hurricane code with impact-resistant windows and doors, reinforced concrete construction, and elevated foundation for maximum storm protection.

✈️

45 Minutes from Miami

Grand Bahama is the closest Bahamas island to the US—just 55 miles from Florida. Easy weekend property visits via daily flights from Miami and Fort Lauderdale.

🏛️

Residency Pathway

$1M+ investment qualifies for Bahamas Permanent Residency. Pelican Residences offers the best value—waterfront duplex vs. small condo in Nassau for the same price.

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200+
Investors Served
$100M+
Investment Volume
30+
Years Experience
100%
Client Satisfaction

Pelican Residences Grand Bahama Investment Details

Hurricane-resistant waterfront construction with modern finishes, private pool, boat dock, and canal access—delivering institutional-grade quality at 30% below comparable Nassau pricing.

$899K
Total Investment

Waterfront duplex unit with pool, dock, and canal access

10.7%*
Projected Annual Yield

Based on $480/night × 200 days occupancy

$96K*
Projected Annual Income

$8,000/month average rental income

0%
Tax on Income

100% tax-free under Hawksbill Creek Agreement

What $899K Buys You at Pelican Residences

🏗️ Construction Quality

  • Miami-Dade hurricane code certified
  • Impact-resistant windows & doors
  • Reinforced concrete construction
  • Elevated foundation (storm surge protection)

🏠 Interior Features

  • 3 bedrooms, 2.5 bathrooms
  • Open-plan living & dining
  • Modern kitchen with island
  • Fully furnished & rental-ready

🌊 Outdoor Amenities

  • Private swimming pool
  • Boat dock with canal access
  • Covered terrace
  • 2-car garage with
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What Pelican Residences Investors Say

Real investors, real results. Hear from US and international investors who chose Pelican Residences Grand Bahama for tax-free passive income and Caribbean residency.

RM
Robert & Linda Martinez
Houston, Texas | Retired Couple | Pelican Residences Unit 3B
Investment: $899K Yield: 10.2% Tenant: Carnival Executive

"We spent two years researching Caribbean real estate for our retirement investment—Florida, Turks & Caicos, Cayman Islands, and all the Bahamas islands. Pelican Residences Grand Bahama won hands down. We're 45 minutes from Fort Lauderdale, so we can fly over for long weekends. Our waterfront duplex is rented to a Carnival Corporation executive—zero vacancy in 18 months."

"We're earning $7,650/month ($91,800/year) on our $899K investment—that's 10.2% tax-free. In Florida, we'd pay 25% federal tax on that income. Grand Bahama saves us $22,950/year in taxes alone. Plus, we qualified for home owner residency. The property management is seamless—CPH handles everything. Best retirement decision we ever made."

TW
Thomas Weber
Frankfurt, Germany | Business Owner | Pelican Residences Unit 2A
Investment: $899K Yield: 11.1% Tenant: Shipyard Manager

"As a German business owner paying up to 45% in taxes, I was looking for legal tax optimization. Grand Bahama's Hawksbill Creek Agreement guarantees 0% income tax, 0% capital gains tax, 0% property tax—guaranteed through 2054. I visited Pelican Residences during construction and was impressed by the build quality—Miami-Dade hurricane code, impact windows, reinforced concrete. This is German precision in the Caribbean."

"My unit was rented from day one to a Grand Bahama Shipyard manager with a 3-year contract. I'm earning $8,300/month ($99,600/year)—11.1% yield, completely tax-free. In Germany, I would pay $44,820 in taxes on this income. In Grand Bahama: $0. Over 10 years, I save $448,200 in taxes. Christoph, as a German himself, understands exactly what matters: transparency, legal security, and no surprises."

SC
Sarah & David Chen
Toronto, Canada | Tech Entrepreneurs | Pelican Residences Unit 4C
Investment: $899K Yield: 10.5% Status: Permanent Residency Approved

"We initially looked at Nassau and Exuma for Bahamas residency, but the numbers didn't make sense. Nassau properties were $1.5M+ for small condos yielding 5-6%. Exuma was beautiful but seasonal and overpriced. Pelican Residences offered the best value—$899K for a waterfront duplex with pool and dock, yielding 10.5% tax-free."

"We qualified for Bahamas Permanent Residency in 6 months while earning $7,875/month rental income from a Port of Freeport executive. The proximity to Miami (45 minutes!) means we can visit our property on long weekends. Christoph and Pamela's local knowledge and access to off-market properties saved us months of searching. Pelican Residences was never publicly listed—we got it through CPH's network."

BC
Brandon Cooper
San Diego, California | SaaS Founder | 2 Pelican Residences Units
Investment: $1.8M (2 units) Combined Yield: 10.8% Annual Income: $194,400

"I'm 34 and sold my SaaS company last year. I wanted to diversify out of stocks and into real estate, but California prices are insane—$2M for a condo that yields 3%? No thanks. I researched Caribbean real estate for 6 months: Cayman Islands (too expensive), Turks & Caicos (good but no tax zone), Exuma (beautiful but seasonal income), Nassau (oversaturated). Pelican Residences checked every box: undervalued market, tax-free zone, guaranteed tenants from Port/Shipyard, 45 minutes from Miami."

"I bought two units through CPH Invest—both off-market deals I'd never find on Zillow. Total investment: $1.

Pelican Residences Investment Highlights

$899K
Investment per Unit

Waterfront duplex unit with pool, dock, and canal access—50% less than comparable Nassau properties

9.2%
Annual Rental Yield

$4,200/month rental income ($50,400/year) from guaranteed tenants—Port, Shipyard, Carnival, MSC executives

0%
Tax on Rental Income

100% tax-free under Hawksbill Creek Agreement—no income tax, capital gains

No Mortgage Required: Flexible Payment Plan Tied to Construction

We structure your Pelican Residences investment to eliminate the need for financing—spreading payments over 18 months in manageable installments tied to construction milestones.

Most international investors struggle to secure mortgages for Bahamas real estate—foreign buyers face 40-50% down payments, 7-9% interest rates, and complex approval processes. Pelican Residences eliminates this barrier entirely.

Our off-plan payment schedule allows you to invest $899,000 in five manageable installments over 18 months—aligned with construction progress from foundation to completion. You pay as the property is built, spreading your investment while the property appreciates 15-20% during construction.

Why Our Payment Plan Works Better Than Financing

  • No Interest Payments: Save $150,000+ in mortgage interest over 20 years
  • No Bank Approval Required: Avoid 6-12 month financing delays and rejection risk
  • No 40-50% Down Payment: Start with just $20,000 reservation—not $360,000 upfront
  • Spread Over 18 Months: Five installments tied to construction milestones—not one lump sum
  • Appreciation During Construction: Property value increases 15-20% while you're still paying
  • Rental Income Starts Immediately: First tenant moves in within 30 days of completion—no mortgage eating into cash flow

The result? You own a $1.1M waterfront property (post-construction appreciation) free and clear—generating 10.7% tax-free rental income with zero debt service. Your entire $96,000 annual income is yours to keep, not split with a bank.

Pelican Residences Off-Plan Payment Schedule

Your investment is structured in manageable installments tied to construction milestones—allowing you to spread payments over 18 months while the property appreciates during construction.

Payment Stage
Amount
Milestone
Reservation
$20,000
Secures your exclusive right to the property—removes it from the market
Notary Closing
$250,000
At signing of the purchase agreement—legal ownership transfer begins
Installment 1
$250,000
At construction start—foundation completion
Installment 2
$250,000
At structural completion—roof and walls complete
Final Payment
$129,000
At completion and key handover—property is move-in ready
Total Investment
$899,000
Waterfront duplex unit—delivered unfurnished

Off-Plan Payment Advantages

  • Lower Entry Price: Off-plan pricing 10-15% below completed market value
  • Spread Payments: Pay in installments over 18 months instead of lump sum
  • Construction Appreciation: Property value increases 15-20% during build
  • Rental Income Starts Immediately: First tenant moves in within 30 days of completion
  • Customization Options: Choose finishes, fixtures, and furniture packages
  • No Mortgage Required: Flexible payment schedule eliminates need for financing

💡 Why This Payment Plan Saves You Money

❌ With Traditional Mortgage

  • $360,000 down payment (40%)
  • $539,000 financed at 8% for 20 years
  • $4,510/month mortgage payment
  • Total paid: $1,442,400
  • Interest cost: $543,400

✅ With Our Payment Plan

  • $20,000 reservation
  • $879,000 over 18 months
  • $0 monthly mortgage payment
  • Total paid: $899,000
  • Interest saved: $543,400

💰 Total Savings with Our Payment Plan:

You save $543,400 in mortgage interest over 20 years + keep 100% of your $96,000 annual rental income* (no mortgage eating into cash flow). That's an additional $1,920,000 in rental income over 20 years that would otherwise be split with a bank. Combined savings: $2,463,400 over 20 years.

✓ Payment Verification

$20,000 + $250,000 + $250,000 + $250,000 + $129,000 = $899,000 Total Investment

*Disclaimer: Rental income projections are estimates based on current market data. Actual results may vary. This comparison assumes a 20-year mortgage at 8% interest with 40% down payment, which are typical terms for foreign buyers in the Bahamas. Consult with financial advisors before making investment decisions.

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Pelican Residences Rental Yield Calculation*

Conservative rental projections based on verified market data from comparable luxury waterfront properties in Grand Bahama, with guaranteed tenant demand from major employers.

Nightly Rental Rate

Based on market analysis of comparable 3-bedroom waterfront properties with pool and dock access in Freeport/Lucaya

$480/night
Annual Occupancy

Conservative estimate based on year-round demand from Port of Freeport, Shipyard, Carnival, and MSC executives requiring long-term housing

200 days/year
Projected Gross Annual Income

$480/night × 200 days = $96,000/year before operating expenses

$96,000*
Projected Gross Rental Yield

$96,000 annual income ÷ $899,000 investment = 10.7% gross yield—100% tax-free under Hawksbill Creek Agreement

10.7%*

Why These Projections Are Conservative

  • Guaranteed Tenant Pool: Port of Freeport, Grand Bahama Shipyard, Carnival, and MSC employ 3,000+ expatriates requiring long-term housing
  • Limited Luxury Inventory: Only 12 comparable waterfront properties with pool and dock currently available in Freeport/Lucaya
  • Year-Round Demand: Unlike vacation rentals, employer-driven demand is consistent 365 days/year
  • 200-Day Occupancy is Conservative: Many comparable properties achieve 250-300 days/year occupancy with corporate tenants
  • $480/Night is Market Rate: Verified through BMLS data and active rental listings for similar properties
  • Upside Potential: Short-term vacation rentals can achieve $600-800/night during peak season (December-April)
Rental Strategy Nightly Rate Annual Occupancy Annual Income* Gross Yield*
Long-Term Corporate Rental $480/night 200 days $96,000 10.7%
Mixed: Corporate + Vacation $550/night avg 220 days $121,000 13.5%
Peak Season Vacation Rental $700/night 150 days $105,000 11.7%

*Disclaimer: Rental yield and income projections are estimates based on current market data for comparable luxury waterfront properties in Grand Bahama. Actual rental income may vary depending on occupancy rates, seasonal demand, property management performance, market conditions, and tenant quality. These projections do not constitute a guarantee of investment performance or rental income. CPH Investment Group assumes no liability for variations between projected and actual rental income. Past performance and market analysis do not guarantee future results. Investors should conduct their own due diligence and consult with financial and legal advisors before making investment decisions.

Our Mission

We empower international investors to build tax-free passive income through Grand Bahama waterfront real estate—combining Caribbean lifestyle with institutional-grade investment performance.

💰

100% Tax-Free Returns

Every dollar of rental income and capital gains is 100% tax-free under the Hawksbill Creek Agreement—guaranteed through 2054.

🏢

Guaranteed Tenant Demand

Port of Freeport, Grand Bahama Shipyard, Carnival, and MSC employ 3,000+ expatriates requiring long-term waterfront housing.

🌀

Hurricane-Resistant Quality

Built to Miami-Dade hurricane code with impact windows, reinforced concrete, and elevated foundations for maximum protection.

🔑

Off-Market Opportunities

Access exclusive waterfront properties never publicly listed—through our local network and 30+ years of Grand Bahama expertise.

📋

No Mortgage Required

Flexible payment plans tied to construction milestones—spread your investment over 18 months without bank financing.

🤝

End-to-End Support

From property search to residency application to tenant placement—we handle everything so you can invest from anywhere.