Caye Chapel, a small island in Belize, was on the market for several years. It was finally sold in 2011, for $23 million. A bargain if compared to the $65 million asked at first.
The 265-acre island now belongs to a Four Seasons Resort. In 2021, the Caye Chapel will become a luxury destination with several luxury residences.
“We are excited to be a part of the reimagination of Caye Chapel into an exclusive luxury experience, and to do so in a way that protects and reinforces the natural wonders of the island,” says J. Allen Smith, President and CEO, Four Seasons Hotels and Resorts.