Nanny Cay

Nanny Cay
	Nanny Cay in the lower center
	Nanny Cay The location of Nanny Cay within the British Virgin Islands Nanny Cay Nanny Cay (Caribbean)
Geography
Location	Caribbean Sea
Coordinates	18°24′N 64°38′W / 18.400°N 64.633°W
Archipelago	Virgin Islands
Administration
	United Kingdom
British Overseas Territory	British Virgin Islands
Additional information
Time zone	AST (UTC-4);
ISO code	VG

Nanny Cay is an island of the British Virgin Islands in the Caribbean. It is made up of three cays originally known as Big Cay, Little Cay and Miss Peggy Cay.^[1] In the 1970s these were consolidated into a single land mass for a marina and resort development. It is connected to Tortola by a short bridge. A marina, hotel, restaurants, condominiums and townhouses have now been built on Nanny Cay.

It also holds a minor footnote in legal history, having been the subject of a receivership for over 12 years during the 1980s and 1990s, and is the longest ever receivership in the history of Barclays Bank PLC.^[1] The current owners, Cameron McColl, John McCoach, and Graeme Scott purchased it from Barclays.^[1]

Today, Nanny Cay has a marina and boatyard which has berths for 180 motor cruisers and yachts and two boat lifts of 50 and 70 tons capacity with storage for 200 boats. It also includes a 40-room hotel and new waterfront townhouses for purchase and rental, two restaurants, a small supermarket, shops and boutiques, a dive shop, a water sports centre ran by the Royal BVI Yacht Club, and a gym and spa.^[1]

BVI Real estate investor Joe Chapman has used Nanny Cay as a useful example in the context of a discussion on the unique economic properties of marinas based on islands.^[2]

References

^ ^a ^b ^c ^d "A Brief History of Nanny Cay". Archived from the original on 18 March 2014. Retrieved 2 March 2015.
^ Chapman, Joe. "Conversation with Guy Spier". The Education of a Value Investor.

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[History-1] "A Brief History of Nanny Cay". Archived from the original on 18 March 2014. Retrieved 2 March 2015.

[2] Chapman, Joe. "Conversation with Guy Spier". The Education of a Value Investor.

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