Comparative Islands Worldwide
|On the Market
Northern Two Cayes in Context of the Private Island Market World-wide
Many very good looking islands with good elevation, good reefs, and pretty
waters, but all are very far from the U.S. mainland and also far from any kind of civilization.
- Thailand - by and large very expensive per acre from $200K to over $1M per acre. Good beaches and
level land. Close to wealthy markets.
- Fiji - very low prices per acre, but very rocky and steep land and very far from civilization. Beautiful waters
and reefs and palm trees. Many have unprotected harbors. Fr from wealthy markets.
- Philippines - very low prices per acre, but very rocky and steep land. Beautiful waters and reefs and palm
trees. Far from wealthy markets.
- French Polynesia - most similar to Lighthouse Reef with atolls and flat islands with palm trees and reefs
and beautiful waters. Also very expensive per acre at $400K plus, and very remote with difficult access
(4000 miles from the U.S. Mainland.
Lots and lots of little islands and cayes with some sandy beaches and rocky
shores - beautiful waters and some good reefs.
- Prices per acre vary wildly from lows of around $65K per acre to as high as $650K per acre.
- Proximity to the U.S. Mainland is a great positive for the Bahamas but where Belize and Lighthouse Reef
beat the Bahamas is:
- There are few palm trees in the Bahamas.
- The winters can get quite cold in the Bahamas - it’s not tropical year round.
- The reefs are not as large and prolific and diveable in the Bahamas.
- The Atoll atmosphere at Lighthouse Reef is not duplicated in the Bahamas.
Wonderful atolls and beautiful waters and reefs exist in the Maldives. They
are roughly 350 miles off the coast of India and 1500 miles from the Persian Gulf and other
wealthy areas where travelers might come in from. They are about 4500 to 5000 miles away
- Prices are very high for the atoll island properties in the Maldives, running from $400K per acre on up to
$640 per acre, and this is only for long period leases, not freehold title.
- Long distances from any mainland for supplies and from any wealthy tourist markets make for difficulties
in getting there and for keeping well supplied.
Conclusions about Northern Two Cayes
- The price of $20M (or $90K per acre) is reasonable and actually low compared to world
prices for similar quality and proximity to wealthy markets.
- They have quality approaching French Polynesian islands, Maldives islands, and Fijian islands,
but are in much better proximity to wealthy markets.
- Their proximity to the States is not as good as Bahamas, but their quality are much better.
For Comparables Summary Click here
For Belize Comparables Click here
For Islands Magazine Feature Click here