"...an exclusive retreat similar to Richard Branson’s Necker Island, or the millionaires’ paradise Mustique."
The Owner has undertaken extensive development planning of the Property considering 2 to 3 luxury boutique resorts each with villas for sale, located in discrete and contained 100 to 150 acre development parcels, across the island. The Property, based on comparative market peer set selling prices for the villas and current development costs can yield significant real estate revenue, development, and operating profit from approximately 300 luxury 4 and 5 bedroom resort villas and three luxury boutique hotels. For reference, lot prices alone at Bakers Bay in the Bahamas currently range from $4,000,000 to $10,000,000 per acre and at Christophe Harbor in St Kitts ranging from $6,000,000 to $17,000,000 per acre.
Great Whale Cay is one of the largest, fee simple, contiguous island properties in the entire Caribbean.
Copyright WHALE CAY GROUP, LIMITED 2016