In late December, IBG Inc. – more commonly known as Let’s Buy An Island – finally purchased Coffee Caye, an island in the heart of Belize, a hidden gem in the Caribbean. We now own this island in full. When you invest you own part of this island. The next phase is developing the island and turning it into a profit making enterprise.

We couldn’t be more thrilled, and some of us could hardly wait to visit our new property!

Founder of LBI Marshall, practices his pointing by showing us where we will be landing.

 

Five of us landed on Coffee Caye on a beautiful Saturday afternoon. The sun was shining and the breeze blew gently through the mangroves and palms that engulf the island’s open field of low shrubs and grass in the centre.

The heart of Coffee Caye, where we will most likely be building.

 

Landing on Coffee Caye – Belize

Our landing party was comprised of three investors, one filmmaker (and, fingers crossed, a future investor!), and our real estate agent. Oscar Romero at Belize Land Properties Ltd found Coffee Caye for is and kindly shepherded us through the buying process and all the hiccups, bumps and bruises along the way.

If you have ever bought a property before, we know what you are probably thinking, and yes, it is true, our agent did not disappear the moment the sale closed! Not only that, but he has continued to be incredibly helpful and provide invaluable insights and advice.

Oscar relaxes on the east side of Coffee Caye, enjoying the cool breeze. In the background we can see a cheap, temporary form of erosion control, which we will replace with more natural, aesthetic, and permanent solutions during development, such as plant life.

Filming on Coffee Caye – Belize

We brought a filmmaker along because up until now we have been very careful not to overextend ourselves on prospective visits, as we did not want to spend lots of time building out a narrative on an island that we would not end up purchasing. Heck, between the founders of this project alone we have visited more than three dozen islands across the world, in almost every continent, to make this dream a reality. But now we have an island, and that’s worth celebrating. So we brought a friend of the company along to document the visit, gauge investor reactions (for whom it was their first visit) and help us bring Coffee Caye to life for everyone who has not been here (yet).

Stephen, LBI’s first outside investor, tells Seager and the camera how he got involved in the island project, what he thinks of the ultimate purchase, and what excites him about our future.

And that is what we did. We spent the day filming various portions of the island, conducting interviews with each other, brainstorming about building potential, and basking in our newly-purchased oceanfront views.

Co-founder Marshall bores us all with stories of Coffee Caye, the island hunt, and the future of this project.

Playing on your own island

But it was not all work! We definitely took some time to enjoy a cold beer, a celebratory cigar, and to relax in the warm water. Etienne even brought an inflatable unicorn which almost swept Marshall, one of our founders, out to sea! (He’s fine, Marshall’s mom!)

Etienne is happy, and while nobody really knows what’s happening here, he at least thought to bring the unicorn, and that’s better planning than anyone else that day!
Marshall steals Etienne’s unicorn and makes a daring getaway to sea. Unfortunately, he is thwarted by a pack of mermaids with an overinflated sense of justice, who force him back to land to face swift judgment for his crimes (mermaids not pictured)
(From left to right) Etienne, Stephen and Oscar discuss the finer points of island ownership over a local beer, a fine cigar, and a freshly-forming sunset.
The southern tip of Coffee Caye from above. In the far distance, you can see the tops of the buildings of Belize City.

 

Coffee Caye at the start of sunset. The island is absolutely stunning in the early evening, it must be seen to be believed!

We are so excited to keep you all informed on this project as progresses, but here it is, our island, COFFEE CAYE!