London: Colombian singer Shakira and musician Roger Waters together bought a Caribbean island worth USD 16 million.

Shakira, 34, and Waters, 68, are reportedly hoping to 'reinvent the concept of tourism' by building a set of luxury holiday homes on the island which will also include private beaches and a number of hotels.

“It's not about having 200 speedboats and an 18-hole golf course. I would say it is an explosion of the senses. It's a concept more related to art and culture,” a website quoted Arturo Rubinstein- a Miami-based investor involved in the project- as saying.