Old Fort Bay

Old Fort Bay sits on New Providence's western shore beside the 18th-century Charlotte's Fort that gives it its name. It is a fully gated community of large lots, private canals and beach frontage, with its own clubhouse, restaurant and beach club. Quieter and slightly more family-oriented than Lyford Cay, it attracts established expatriate families and successful entrepreneurs who want security and water access without the intensity of a members' club. Many homes have private docks giving direct ocean access for boaters. Properties generally start around US$1.5M and rise to US$8M+ for waterfront estates, typically US$700-$1,400 per square foot. As with the other gated enclaves, resale supply is tight and pricing has proven resilient, supporting double-digit appreciation in the 2025 cycle. Long-term yields sit around 4-5%, so the appeal is capital security, lifestyle and the residency-by-investment qualification rather than rental cash flow. Proximity to Lyford Cay International School reinforces its family draw.

Old Fort Bay in Nassau, New Providence Island, Bahamas