With only eleven rooms, and an average year round cost of slightly over USD200, Thatch Caye Resort will give you not only an affordable vacation, but it is also a cheap vacation destination bearing in mind what you will get for your money. Thatch Caye is an island complex within the protected South Water Marine Reserve in the Coco Plum Range of Islands. It is renowned not only as a top resort for scuba diving in Belize, but also as a great place for fly fishing in Belize.