ISLANDS FOR SALE

Living on a private island may not necessarily have to be a dream anymore!

It’s indeed good news for affluent and upwardly mobile families, that several international private islands now are listed for less than $500,000 USD. In fact, a little time spent on good research and browsing online, may even fetch great islands at less than $100,000. Let’s take a peek...

 Before we do that, a few points to remember: 

1. Cheaper islands are almost always undeveloped. Therefore, there may be a whole lot of work to be done -- acquire electricity, plumbing; get the land suitable for building. Valuation processes are mostly in place, so obtaining a mortgage for island purchases or a finance option, may not be available. This means you will have to keep cash in hand for the BIG BUY!  
2. Each country has it’s own set of real estate rules and regulations regarding land/ island purchases. Do make sure you are well versed with them, before you plunge in for a ‘great-international-buy’!

Now for the top FIVE islands within a budget of $100,000!

WEST BANK / OLD ORCHARD SHOAL LIGHTHOUSES

WHAT: A website recently published an article about these two neglected lighthouses/ islands being auctioned by the U.S. General Services Administration in New York.

CURRENT PRICE: $10,000 USD

DOLPHIN BAY ISLAND

WHAT: 6,000 sq. ft, near Panama, with views of the Dlphin Bay

CURRENT PRICE: $40,000 USD

BERECK ISLAND

WHAT: Fishermen’s paradise, located on the Stuart Lake, in British Columbia, Canada. One acre land. 

CURRENT PRICE: $64,327.21 USD

DAVID ISLAND

WHAT: Lies in the bay of Port Felix, about 30 Km from the city of Canso, Nova Scotia.

CURRENT PRICE: $74,474.55 USD

CHRIS PINNACLE

WHAT: Two islands -- an area of approximately one hectare located in Jordan. 

CURRENT PRICE: $100,000 USD

A thorough online research and analyses is, however, most important before we decide to buy an island. What looks like the need of the  hour now, more than anything, is a global portal that let's us view islands across the world, and helps us compare each to the other, to pick the right one!