This spectacular private island resort, about 18 miles east of Placencia, should fulfill all of your tropical island fantasies without completely breaking the bank. Luxurious oceanfront cabañas and rooms – with a maximum of 30 guests – are spaced among the palms, while the warm, shallow waters fringing the island are perfect for snorkeling, swimming and water sports.

　　As well as lounging by the pool or in the bar, guests can use kayaks, Hobie Cats or paddleboards, or take a trip to the nearby reef.