While Exuma has been the playground of boaters for years, the word is now out that Exuma is also the place to go if you are looking to own your very own private island. Exuma is now attracting wealthy international real estate investors.
Who own private islands in Exuma
Exuma is home to some of the world’s wealthiest business persons and celebrities including Muslim spiritual leader Aga Khan, singers Tim McGraw and Faith Hill, actor Johnny Depp, magician David Copperfield, LVMH Chairman and Chief Executive Bernard Arnault and actor-producer Tyler Perry.
About Exuma Bahamas
Exuma’s a chain of 365 islets and cays is a part of the islands of the Bahamas and is just 35 miles southwest of the capital city of Nassau and 150 miles off the coast of Florida. With two distinct groupings, Great Exuma and the Exuma Cays these islands offer a variety of possibilities from luxury resorts to secluded private islands, white sandy breaches and crystal clear waters.
Home to one of the largest protected marine parks in the world resulting in 90% of the islands being undeveloped. Most of the islands are only accessible by yacht, seaplane or helicopter determined by the remote nature and private life style that wealthy international real estate investors crave.
Cave Cay Bahamas Private Island for Sale
So what would your private island in Exuma cost you?
Well, lets consider what private islands in Exuma are currently on the market:-
- Cave Cay, a 250-acre island with its own harbor and runway priced at $110 million.
- A 681-acre island with an airstrip, a seven-bedroom, six-bathroom timber-frame main house, a gym and staff buildings priced at $55 million.
- Bay Cay, the former vacation playground of Jessica Tandy and Hume Cronyn priced at $37.5 million
- Leaf Cay, formerly owned by Nicolas Cage priced at $8.5 million.
The Aga Khan, purchased the 349-acre Bell Island as his “private family retreat” for $100 Million, Musha Cay the private island of David Copperfield which is spread over 11 island was purchased for $50 million.
The increased interest by wealthy real estate investors for a private island in Exuma has resulted in island prices doubling over the last decade, but the good news for you is that the global real estate downturn has affected prices resulting in a buyers market. Due to this there are private islands that you can obtain below market.
If you are looking for a private island in Exuma, contact Glenn S. Ferguson, Bahamas Luxury Real Estate Private Island Consultant at 1-242-327-2453 or 1-501-588-4621 or email firstname.lastname@example.org