Editorial profile
Windward Islands, Grenada, Grenada
Calivigny Island
US$924,000per week · whole island · sleeps 40
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Archive
Exuma Cays, Bahamas
Cave Cay
Sold · now committed to a Bvlgari-branded resort development, completion targeted 2029
Is Cave Cay for sale, and how much does it cost?
Cave Cay is a 220 acres partially developed private island in Exuma Cays, Bahamas. It is not currently on the market (a past-sale benchmark we track): Sold · now committed to a Bvlgari-branded resort development, completion targeted 2029. Tenure is freehold. Foreign ownership is permitted subject to local approvals. This is an editorial profile drawn from public record, clearly attributed, not our listing.
Summary
Cave Cay is a ~220-acre Exuma island with a 2,800-foot airstrip, a private marina of around 35 slips and a protected deep-water harbour, plus commercial and hotel development approvals. It has been marketed for over a decade — at prices ranging from a reported US$110M down to a more recent US$60M — making its price history a useful lesson in island valuations.
Land & Waterfront
Set in the celebrated Exuma cruising ground, the cay offers beaches and a naturally protected harbour carrying around twelve feet at low tide. The approved masterplan runs to 38 buildings against roughly 70,000 square feet already built.
Access & Utilities
The on-island airstrip and the ~35-slip floating-dock marina are the defining assets, alongside several completed structures. Power and water plant should be assessed on inspection; the commercial approvals are a material part of the story.
Ownership & Use
Cave Cay reads as a turnkey marina and resort platform with approvals in hand, or a very well-connected private estate. The wide historic price range is the thing to interrogate — attribute each figure to its date and test the current ask against comparable Exuma sales.
Provenance
Marketed without a named seller from 2010 ($110M) through 2015 ($90M), 2021 ($60M) and a $55M under-contract listing in mid-2022, when Bolivian developer Felipe MacLean's Miami-based Yntegra Group acquired Cave Cay and by March 2023 had secured a Bahamas government Heads of Agreement for a $500M+ resort masterplan. MacLean and Yntegra were pushed out of the project company by 2025, and California developer Emile Haddad — an existing investor and chairman of Cave Cay General Partner Ltd — took full ownership through Cave Cay Limited Partnership, signing a Bvlgari Resort & Mansions agreement (project valued at over $1B) in February 2025 with completion targeted for 2029.
Specification
| Status | Archive |
|---|---|
| Offering | For sale |
| Region | Caribbean · Exuma Cays |
| Country | Bahamas |
| Size | 220 acres · 89 ha |
| Tenure | Freehold |
| Development | Partially developed |
| Holding-cost band | Moderate — partial infrastructure |
| Access | airstrip, boat |
| Nearest airport | Private 2,800 ft airstrip on island; Exuma International (George Town) is the nearest commercial gateway |
| Power | Island systems (to verify) |
| Water | Island systems (to verify) |
| Communications | mobile |
| Structures | ~70,000 sq ft of built accommodation (20 bed / 20 bath), Approved 38-building masterplan, 2,800 ft airstrip |
| Marina / mooring | Private marina, ~35 slips, protected deep-water harbour (~12 ft at low tide) |
| Foreign ownership | Permitted (see notes) |
Price record
Documented public figures over time — asking prices, reported sales and reductions, each attributed. This record is maintained editorially and may lag the market.
2010US$110,000,000press coverage of original listing
2015-07US$90,000,000Caribbean Journal listing coverage
2021US$60,000,000portal guide price, listing coverage
2022-06US$55,000,000Reducedcaribjournal.com
The full traced record — ownership lineage and every dated event back to the earliest public mention — is in The Ledger, for members.
From above: 2005 vs today
A time series over Cave Cay would be worth checking for changes to the sheltered inner basin, where a cut deep-water harbour and roughly three dozen dock fingers should read as hard-edged geometry against the natural shoreline. The straight scar of the landing strip along the island's spine is the other feature to track. Given the announced large marina expansion, any recent frames may show fresh dredge spoil or reshaped channel margins near the entrance worth confirming.
Satellite change notes are editorial observations from open imagery, dated at review; verify on a current survey.
Legal & Ownership Notes
The Bahamas permits foreign freehold ownership; larger acquisitions may require registration or a permit under the International Persons Landholding Act. Cave Cay is reported to carry commercial and hotel development approvals — confirm the scope directly.
Zoning: Marketed with approvals to operate a commercial marina and hotel
- asking price stale and has moved widely — verify current figure with broker
- confirm status of part-built structures and masterplan approvals
- confirm inclusion of plant, dredger and landing craft
Satellite reference: open map view.
Common questions
How much does Cave Cay cost?
Cave Cay is profiled at: Sold · now committed to a Bvlgari-branded resort development, completion targeted 2029. Figures reflect public record at time of writing and may change; the profile keeps a dated price record.
What tenure does Cave Cay have?
Cave Cay is held on freehold tenure. Always confirm the exact instrument and any remaining term on the title.
Can a foreigner buy Cave Cay?
Foreign buyers may own property here subject to local approvals. The Bahamas permits foreign freehold ownership; larger acquisitions may require registration or a permit under the International Persons Landholding Act. Cave Cay is reported to carry commercial and hotel development approvals — confirm the scope directly.
How do you get to Cave Cay?
Access is by airstrip, boat. Nearest airport: Private 2,800 ft airstrip on island; Exuma International (George Town) is the nearest commercial gateway.
How big is Cave Cay?
Cave Cay is approximately 220 acres (89 hectares).
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Caribbean
The quarterly
Atoll — islands, read closely.
Ownership, cost, tenure and the few islands that come to market each season. Reported plainly. No. 1 — The Quiet Market is out now; No. 2 follows next quarter.
Read the first issue