Every detail at Paradise Landing has been thoughtfully designed with captains, crew, and guests in mind. Home to Hurricane Hole Superyacht Marina, dining, premium provisioning, wellness, and everyday essentials, it offers the convenience of having everything close at hand on Paradise Island.
Beautiful Caribbean islands like Saint Martin, Saint Barths, and The Bahamas have always been popular tourist destinations. The islands of The Bahamas are home to much more than beautiful beaches and luxurious homes. Many well-known celebrities own Bahamas real estate. As one of the most sought-after destinations in the Caribbean, there are several celebrity homes in The Bahamas, including in Grand Bahama, Nassau, Bahamas, Harbor Island, and Paradise Island. Thanks to the International Persons Landholding Act of 1884, anyone can buy Bahamas real estate. There are a number of luxurious homes and private islands where celebrities and others can sail, golf, fish, swim, and enjoy the laid-back Bahamian lifestyle.
8 Famous People with Properties in the Bahamas
1. Eddie Murphy
Eddie Murphy owns a private island, Rooster Cay, located just outside Nassau Bahamas. It’s a secluded island paradise that’s spread over 15 acres. Murphy bought the property in 2007 for $15 million.
2. Beyonce and Jay Z
Beyonce’s father is Bahamian and Beyonce and Jay Z own not just one, but two private islands in The Bahamas. Rumor has it that Jay Z bought the second island for Beyonce in 2010 after enjoying his own 360-acre island called Strangers Cay. The couple constructed a luxury mansion for private getaways. It’s also rumored that they got engaged in the wine cellar at Graycliff, a historic Nassau hotel.
3. Faith Hill and Tim McGraw
Faith Hill and Tim McGraw, the country music singers/producers bought an idyllic 20-acre island in 2003. It sits on L’ile d’Anges in The Exumas.
4. Mariah Carey
Mariah Carey purchased a beautiful Bahamas home in 2008. The oceanfront property is 4,000 square feet and includes three bedrooms and 3 bathrooms. It’s located on the prestigious Windermere Island which is only accessible by private helicopter or authorized boats.
5. Oprah Winfrey
Oprah Winfrey has several oceanfront homes, including one in The Bahamas. The home is located on Paradise Island and was constructed in 1912. It has undergone numerous exterior and interior renovations over the years. Oprah has also been a regular at the Ocean Club, a luxury resort that’s a popular celebrity vacation spot.
6. Johnny Depp
Actor Johnny Depp bought a beautiful island off Exuma in 2004 after filming Pirates of the Caribbean. The 45-acre island has six beautiful beaches and cost $3.6 million. The island is named Little Hall’s Pond Cap.
7. Tiger Woods
Golf Pro Tiger Wood is one of the creators of Albany Resort Community which features residences, a marina, a swimming pool, and, of course, an 18-hole championship golf course.
8. Lenny Kravitz
Singer Lenny Kravitz owns a recording studio and home in Eleuthra. He visited The Bahamas each summer as a child, a tradition that continued into his adulthood. He has family from the Bahamas on his Mother’s side, which presumably made it easy for Kravitz to call the archipelago home.
Sir Sean Connery
Before his death in 2020, the James Bond star lived in the Bahamas for about 30 years. Sir Sean Connery filmed the 1960s movie Thunderball in The Bahamas and decided to call it home. He resided on Lyford Cay which is one of the world’s wealthiest and most exclusive neighborhoods. Lyford Cay is about 1.4 km long and features around 450 luxurious homes.
Luxury Living in The Bahamas Paradise Island
The Bahamas’ lifestyle and beauty aren’t just for celebrities. The Residences at Paradise Landing on Paradise Island offer island living without sacrificing any of the perks of city life. Conveniences like a gourmet grocery store, restaurants, entertainment, and retail. You will also have access to a private beach and can play golf at the Ocean Club Golf Course.
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Frequently Asked Questions
The Bahamas has long attracted figures who prize privacy, natural beauty, and financial efficiency in equal measure. Oprah Winfrey holds oceanfront property on Paradise Island, while Bill Gates, Tiger Woods, and Lenny Kravitz have each been associated with Bahamian holdings. Established enclaves at Lyford Cay, Albany, and Ocean Club Estates have drawn entrepreneurs, entertainers, and athletes for decades, drawn by the same combination of seclusion and proximity to the United States that defines the islands' appeal.
The Bahamas offers something rare: a jurisdiction with no personal income tax, no capital gains tax, no inheritance tax, and no wealth tax, sitting less than an hour's flight from Miami. For high-net-worth buyers, this is not simply a lifestyle choice but a financially considered one. A stable democratic framework, freehold property rights available to foreign nationals, and year-round warmth make the case without needing embellishment.
Paradise Island concentrates its most sought-after addresses in gated, security-managed communities. Ocean Club Estates has long been the established choice, and the residences at Paradise Landing represent the island's most recent addition to that tier. What distinguishes Paradise Landing is the completeness of what sits alongside the residences: the Hurricane Hole Superyacht Marina, on-site provisioning, dining, and a developer that has made its own headquarters part of the development.
A qualifying real estate purchase provides the foundation for a permanent residency application in The Bahamas. Investments at higher thresholds are generally prioritised for faster processing, though the approval itself remains subject to the Department of Immigration's review. Residency confers the right to live in the country but does not by itself permit local employment.
Paradise Landing is a master-planned, mixed-use community on Paradise Island built around the Hurricane Hole Superyacht Marina. The development integrates luxury residences with a gourmet grocery, a specialty butcher, a flagship liquor store, a pharmacy and wellness centre, two restaurants, and a medical clinic, all on a single site 120 steps from Atlantis. Sterling Global Financial Limited, the developer, maintains its own headquarters within the community.
Paradise Island delivers a combination that very few addresses can match: gated seclusion, a private beach, direct marina access, and resort-level amenities within the same development, set in a jurisdiction with no wealth or income tax and a short flight to the United States. For buyers who have the range of the world's best addresses to choose from, the specificity of what Paradise Landing offers is the point.
The Bahamas has a long-established tradition of welcoming foreign property ownership within a democratic, English-speaking legal framework. The country operates under a common law system, freehold title is available to non-nationals, and the political environment has been stable for decades. These are foundational considerations for buyers committing to a significant overseas investment.
Albany on New Providence is an established ultra-luxury enclave with a strong international profile. Paradise Landing on Paradise Island differs in the completeness of its on-site community: the marina, the provisioning retail, the restaurants, the medical facilities, and the on-site developer headquarters create a self-contained environment that Albany, for all its credentials, does not replicate.
The residential enclaves on Paradise Island and across New Providence are gated and private by design. What is visible and accessible is the quality of the address itself: the beaches, the marina, the proximity to Atlantis and the Ocean Club Golf Course, and the standard of the surrounding community.
For buyers seeking a second home that holds value and earns yield when not in use, Paradise Island offers credible fundamentals: sustained demand from a global audience, a tax-neutral holding environment, no capital gains or inheritance tax on the asset, and at Paradise Landing, a 65/35 marina rental programme for slip owners that reflects the same thinking applied to the residential component.
June 14, 2023
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