Your dream of owning a private island is more achievable than you think. It’s easy to believe that you must be extremely rich or famous to even consider enjoying a private island someplace in the tropics, but that is not all the time the case. Some islands cost the same as a house. Finding islands for sale is as easy as a fast Google search. All you need to do is nice research and you could have your own private island in no time.
Advantages of Having a Private Island
There are many reasons why buying your own private island is a terrific idea. First, you can really disengage and get away from the crowds. When going on vacation, you do not want to deal with traffic jams on the beach or the streets. You do not want to deal with feeling closed off or piled on top of other people because of all the fuss. When you have your own private island, it belongs only to you and anyone you decide to invite to the island with you. No more crowds, no more crowded beach. You can finally let yourself off the hook and take some much-needed time to yourself while you are away on vacation.
Another benefit of buying a private island is that you can have the option to build your dream home. It’s a blank canvas waiting for you to create something new. Depending on where you bought the island, you may need a special permit from the government. Whether you are looking to build a permanent home or you are looking to build a place where you can vacation multiple times, your private island can be the start of building your dreams.
Last but not least, buying a private island can be a good investment, particularly if you want to expand it. Most of the empty islands are untouched by anyone, so they may not have pipeline infrastructure, water irrigation, and electricity. Once you develop the island the chances are endless as it comes to the types of ways you can get a return on your investment.
Where To Find Islands For Sale
Now that you understand the benefits of buying a private island, the next step is determining where to find islands for sale. You can search online to find private island websites. There you can do your own digging with the ability to filter the list by region, price, development type, island type, lifestyle and acres. If that option would take too much time, you can even choose to hire a realtor who specialises in private islands. They will have the ability to perform deeper searches in addition to access to lists that may not be visible to the public online.
Finding Out Costs
Owning a private island does not must be as expensive as you think, despite the indisputable fact that many private islands are. Thus, it doesn’t apply to every island. If you are wondering about how much a private island costs, location plays a big role in the price. If you are working with a budget of less than $600,000 you’ll most certainly find an island in Canada or the northern United States for that amount of budget whereas an island in the Caribbean can easily be anywhere from $1 million to $2 million.
To find affordable private islands, go to your favourite private island website and open the list of sites. Customize your advanced search settings so you can filter and sort your listings by price. That can provide you with a rough estimate of the type of island and its area based on your budget.
The Best Place To Buy
Determine what your personal tastes are and the lifestyle you want to live while on the island. Be honest with yourself and your personality. Here are some of them best place to buy an island. Keep in mind, it all comes right down to your personal taste and what you are trying to find while on vacation.
Bahamas Islands
It’s a classic because it is this landscape that comes to mind when we think of island vacations. This is why these islands are popular places to buy private islands. Close to the US, taxes are low as there isn’t any income tax and somewhat easy to get to. There are many Bahamas Islands for sale.
Fiji & French Polynesia
These two destinations are most popular amongst newlyweds because the islands here are simply enchanting, with snow-white sands, coral lagoons and clear blue waters. It’s true, these islands are on the expensive side because of their beauty and location. If you are looking to buy an island in one of these areas, it may take some patience and a complete search.
Belize & Brazil
The islands of Central America and South America are lovely and price less than the islands found in the Caribbean. The islands of Belize are covered in dense vegetation, scattered as sapphires near the continent’s coast and are one of the second largest coral reefs on the planet. The islands of Brazil are covered in dense rainforests with amazing beaches with pristine white sand. Another advantage of owning an island in Brazil is its proximity to the mainland.
Thailand & Philippines
These islands in Southeast Asia are the better of both worlds. They are very lovely and cheaper. The Philippines has a lot of islands that you can select from and they vary in size. Some are very large while others are small. Either way, the prices are very affordable. The same can be said about the islands of Thailand. Thailand’s islands are a terrific choice for culture and paradise, which makes them the destination of choice for real estate.
Panama
Panama gradually developed, particularly near the shores of its islands. Some of their beaches are white while others are cinnamon shades. One thing that makes Panama so attractive to the real estate market is that it is basically untouched by humans, so the chances are endless for what you can do and develop on the island.
Seychelles
The beaches in the Seychelles region are clean and exquisite because there are coral lagoons, coconut trees, white sand and clear water. This area is most photographed in calendars and advertisements in magazines, so there isn’t any need to worry about owning an island in this area.
Marshall Islands
These islands are some of the most remote and isolated on the planet. The Marshall Islands are great if you are trying to find a place to actually get away from everything and everybody. The sand on the beach is obvious and white while the water is obvious, exposing the coral lagoon below. To add to the amazing view, there’s lush greenery with tropical flowers, trees and shrubs.
Choose Your Island
Now that you have a good idea of the different appropriate areas to buy, it is time to choose your island. Consider the weather of a region, which country has jurisdiction over the island, how easy is it to get there, how far is development going, how easy or difficult will it be to develop the island, your final destination with the island and how near land your island needs to be.
