There is no real estate category more mythologized — or more misunderstood — than the private island. The listings are scarce. The mechanics are unusual. And the spread between the cheapest and most expensive offerings is wider than in any other segment of Caribbean luxury real estate: a freehold 12-acre cay in the Bahamas can be had for less than the price of a one-bedroom in Grand Cayman, while the most expensive listing in the region, the Bahamas’ Blue Island, is asking $125 million.

Caribbean Journal Invest has surveyed the current market across four buyer-budget tiers. Every listing referenced below is live at publication, with a named brokerage. What follows is a realistic snapshot of who can buy what, where, and why.

To access this content, subscribe now.

Caribbean Journal Invest is the leading authority on hotel, real estate and investment news in the Caribbean. Subscribe today to unlock this article and receive our newsletter, or Log In to read now.