Situated south-east of Tortola and Beef Island, between Virgin Gorda to the north-east and Cooper Island to the south-west, this 258 acre private island for sale in the British Virgin Islands (BVI) is one of the only remaining undeveloped islands in the British Virgin Islands.
|258 acre private island for sale in the British Virgin Islands (BVI) - aerial shot|
Although completely uninhabited, the large heart-shaped bay on the southern side of the island is prized for the privacy provided by the steep cliffs along the shoreline by experienced sailors who visit to escape the world and enjoy the magical views of the Caribbean Sea, the Sir Francis Drake Channel and up to fifteen neighbouring islands.
With several popular dive spots teeming with colourful marine life located just off shore (including "Alice in Wonderland" to the south and "Alice's Back Door" to the north), the underwater world offers equally enchanting views and is ideal for diving or snorkelling.
|The bay at the private island for sale in the British Virgin Islands (BVI)|
The island represents a very rare development opportunity with enormous potential that could benefit from the already well-established track record of the British Virgin Islands. With a laid back barefoot chic lifestyle ideal for beach, yacht and diving lovers, the British Virgin Islands has developed an enviable reputation as the ultimate hideaway for the discerning travel connoisseur.
Nearby Peter Island, Necker Island and Guana Island, for example, all count among the world's most exclusive private island resorts, regularly hosting celebrity guests. The archipelago is also renowned as one of the Caribbean's most desirable real estate investment locations, key advantages including no income or capital gains tax and a very high standard of living.
Underwater dredging and blasting would be required to ease access to the bay on the south side of the island and enable an increase in boat traffic and, with airport and ferry connections close by and privacy "built in", this private island is ideal for developing a boutique resort of a similar calibre to those located nearby.
|British Virgin Islands (BVI) on the map|
60 miles east of Puerto Rico, the British Virgin Islands is made up of 50 islands and cays with white sand beaches against a backdrop of lush green mountains, coral reefs and crystal clear blue waters.
The islands offer some of the finest sailing, diving and yachting in the Caribbean, including the world's third largest barrier reef - Anegada.
Annexed by the English in 1672, the BVI remains an internally self-governing British Overseas territory. It benefits from close links to the UK and EU and a judicial system based on English law.
Renowned as a destination of choice of the super wealthy, the BVI offers a very high standard of living and has one of the most prosperous economies in the Caribbean, based on offshore financial services and tourism. The official currency is the US Dollar.
Above and beyond stunning natural beauty, highly attractive tax benefits (no capital gains, value added, sales, inheritance or gift taxes and 0% income tax), have attracted property investors.
As a consequence, property prices have remained largely stable.
Read more about the British Virgin Islands in our Guide to BVI Real Estate or see more property for sale in the BVI on our website.
Labels: British Virgin Islands, BVI property, BVI real estate, commercial real estate, private island, private island for sale