The two have bought a Caribbean island together in the Bahamas to create a resort. Shakira and Waters reportedly have bought the $16 million site of Bonds Cay, north of the Bahamas, in order to build a resort which will cater for millionaire holidaymakers.
The two are reportedly looking “reinvent the concept of tourism” by building both a set of luxury holiday homes which will also include private beaches and a number of hotels with plans to sell prime seaside property on the island.
Bonds Cay has five beaches and three bays, along with a number of waterfalls.
John Christie, vice president of Caribbean real estate brokerage H.G. Christie told Bahamas4u.com: “It’s a beautiful island. It’s got some height to it, which means as you build up, you get better views. There is the ocean to the east of it so you’ve got reefs and views of turquoise water. On the other side of the island is limey, light turquoise water because it is shallow. It’s a great fishing area.”
