Although many people dream of owning a private island, sometimes economics keep the dream at bay.

Fortunately more freuqently private island parcels are emerging on the market giving more people a chance at owning a piece of a private island.
Alligator Caye is one of the latest additions to the market.

The current listing price of $99,000 is a significant reduction from the original listing price of $169,000. Located in Belize the parcel is located at the south end of the island . The island itself is located just a few hundred yards from the barrier reef, which is widely regarded as one of the worlds best diving sites.

For more on this property visit Private Islands Online.