The pandemic has lead to people looking for safe havens, and this upcoming floating luxury real estate under development in the middle of the sea may just be the ticket. Planned for 2025, this floating city is located a 25 minute plane ride from Bahamas capital Nassau and just under 90 minutes from Miami. The island will measure 1,500 meters by 1,000 meters, an area half the size of Monaco, and can accommodate up to 15,000 permanent residents.
The properties being offered range from $19,800 interior apartments measuring 20 square meters, $194,400 balcony apartments, a $54 million five-bedroom garden villa and two “signature estate” mega mansions, each with an estimated $1.15 billion price tag.
The island, which is built with high performance concrete modules, will have its own state-of-the-art health clinic, as well as an international K-12 school. A number of ocean clubs, lagoon-style pools, playgrounds, markets, restaurants, bars and shopping areas are planned for entertainment.
Although its positioned in the Caribbean Sea, the island is protected with outside walls measuring over 160 feet. It will also have automated hurricane shutters that can be extended as additional protection from high winds. In the worst-case scenario, the entire island can be moved out of the way of any incoming storms.