The enchanting Isle de Caille is a private island situated approximately four miles (seven kilometres) off the northern end of the Caribbean island of Grenada and on the market for US$18,000,000. This desirable island presents plenty of opportunities for development, adventure, and unique escapes. It was recently featured on JamesEdition, a leading online luxury marketplace and in Prestige, Berkshire Hathaway HomeServices’ exclusive magazine showcasing its Luxury Collection and resort listings from around the world.
Luxury at your Doorstep
Caille is derived from the French word ‘Caillou’, meaning pebble – home to three alluring beaches, lush greenery, crystal clear waters, delicious fruit trees, and coconut palms. The island is steeped in natural beauty, perfect for a visionary investment being 155± acres.
Nestled amidst nature, this island boasts quaint trails, a freshwater cistern ready for restoration, and a charming old pier. The island is remote yet extends the opportunity for enjoying modern and sustainable amenities like high-speed internet, solar energy and the romance of rainwater harvesting – an idyllic blend of serenity and connection.
Experiences and Activities
Isle de Caille offers both land and sea-based activities – and gives you the very best of both worlds. The trails around the island are ideal for hiking, all-terrain vehicle rides, and nature spotting. Meanwhile, the secluded bays are perfect for relaxing by the lapping shore, scuba diving, snorkelling, paddle boarding, and jet skiing. Surrounded by the Caribbean Sea and the Atlantic Ocean, the island is also a prime destination for offshore fishing and sailing.
Getting to the Island
A serene escape awaits you, just 15 minutes from Grenada’s bustling shores. The island is a haven of tranquillity that is conveniently accessible for travellers. Direct and frequent flights from the United States land at Maurice Bishop International Airport in Grenada. From Miami, it’s a mere 3.75-hour journey, while the journey from New York to Grenada takes roughly 5.25 hours. Even from the West Coast, Los Angeles is a manageable 7.5-hour flight away. For those journeying from Europe, London offers direct flights that will have you basking in the Caribbean sun in just over 11 hours. Your paradise is just a plane ride away!
With warm weather all year-round, Isle de Caille is a desirable place to escape and relax. Temperatures range from 75°F to 85°F (24°C to 30°C). Like other locations in the region, the island experiences a dry season from January until May and a rainy season from June to December.
With three private beaches, Isle de Caille is the pinnacle of exclusivity. Clear waters lap the unspoiled sandy and pebble beaches, while trees on North and South Beach provide the perfect shade.
Near the base of the old pier lies a little history. Here, a volcanic building block structure reveals the remnants of the first floor of a regional whaling station. Frederic A. Fenger mentions this in his book Alone in the Caribbean, which devotes an entire chapter to the spectacular island in 1917.
From North Beach, you can see 2,000-acre Ronde Island. In 2007, Ronde Island was offered at $100 million, making it the most expensive private island for sale in the world at that time.
The Island’s Vibrant Flora, Fauna, and Marine Life
Mother Nature is on display. As you explore the Isle de Caille, you’ll encounter creatures like iguanas, possums, and the unique scaly-naped pigeon. The island is also rich with bountiful fruit trees. From juicy pineapples and limes to sweet mangoes and red plums, guests can indulge in the freshest fruits picked straight from the tree. This area is also renowned for its fishing, offering enthusiasts and observers the opportunity to encounter an impressive array of marine life. There is mahi-mahi, blue marlin, white marlin, sailfish and the powerful yellowfish tuna, with some weighing in at over 100 pounds.
The Investment Opportunity
This fascinating island features a small caretaker's hut and five cottages with the potential to be renovated or rebuilt into private vacation homes, residences, or luxury villas to achieve the highest ROI. The island also presents incredible opportunities to develop a prestigious hotel, a private estate, eco-tourism facilities, and more. Additional opportunities would be the availability of building materials, such as rocks, gravel, sand and White Cedar trees that offer sustainable options like timber structures.
To boost tourism and economic growth, Grenada gives investors citizenship when they invest a minimum of $220,000 in a government-approved real estate project. These projects may include the construction of villas, hotels, and resorts to accommodate and welcome tourists.
Investing in Grenada also offers custom duty exceptions, VAT suspension, tax credits for training, research and development, reduced custom charges, and excise tax exemption.
Private islands, especially partially developed ones like Isle de Caille, are a sought-after asset. With development and renovation, this island has the potential to quickly become a popular holiday spot for high-net-worth individuals seeking an exclusive escape.
Investing in this island is more than private and commercial development opportunities. There is also the opportunity for asset diversification.
A Perfect Location
Isle de Caille is close to Caribbean islands owned or enjoyed by the uber-rich, including Mustique, and Calivigny. The key location will pique the interest of those looking for remote yet connected private islands to enjoy.
The developed but serene islands of Carriacou and Petite Martinique are just a boat ride away, offering breathtaking beaches, magnificent coral reefs, and vibrant culture.
Grenada has low crime levels and is renowned for its peaceful way of life, diverse culture, cuisine, and fantastic festivities. Grenada is just about four miles (seven kilometres) away by boat, giving the owner, tourists and residents the benefit of nearby banking, healthcare, and grocery shops.