The Carribean Island Of Virginia Caye Is Up For Auction In eBay; $500K Island With Leo DiCaprio As A Neighbor

A private island in the Caribbean is for sale now with bid price starting at £400,000. The island has the amenities including being able to be Leonardo Dicaprio's neighbor.

The ideal Virginia Caye is located five miles off mainland Belize and it takes 30 minutes by boat to reach it. The place boasts with mangroves and coral reefs. Brit Willow Reed, 40 years old, is selling the fantastic island of Virginia Caye, a nature paradise of approximately four acres, through eBay. The tiny island of Virginia Caye comes with a one-bed wooden house, a timber cabin on the beach and a boat jetty.

Virginia Caye is named after Brit's mother who left her with inheritance money after her death. Originally, the isle was bought at £150,000 and was later developed. With the vast mangrove and rich coral reef, Virginia Caye is just perfect for bird watching, dolphin spotting, and snorkeling. Ms. Reed decided to sell the property because she cannot use it as often and because she has recently bought a pub in Bristol.

The Virginia Caye isle has a starting bid of £400,000 ($499,988) but if you want to secure the place for yourself, you can purchase it at £750,000($937,601). Miss Reed has spent about £100,000 on improving the facilities on the Virginia Caye isle which now has a water collection system and solar power as well as a backup generator for times when the sun is not out.There are rare cases of hurricanes visiting the island possibly you can expect them between August and October. Virginia Caye isle enjoys summer for the entire year averaging 26 degrees, says, Marketwatch.

The Virginia Caye isle has a great potential for development. Daily Mail notes that the fortunate buyer can have the entire private island and could potentially transform the resort into a popular tourist haven. On top of that, the Virginia Caye is adjacent to the property of Leonardo DiCaprio. The 104-acre Blackadore Caye is the isle owned by DiCaprio which he is transforming into a luxurious eco-tourism resort set to open in 2018.