Six Private Islands That Cost Less Than The Average Home

via Business Insider: 

 

Sometimes you just need to get away from it all. Only problem is that once you get there, there’ll probably still be people there.

 

Don’t get us wrong, people are great! BUT they come with hang-ups and annoyances: They’re all like “you can’t park there,” “will you help me move next week?” and “you didn’t respond to my link on Facebook.

Who needs that nonsense?

If only there was a way to have your own private secret place where you made the rules and were the only person allowed. As it turns out, such oases do exist! You, my exasperated friend need your own private island!

And we’re not talking about some kumbaya “happy place” private island of the mind. We’re talking about an actual, literal, plot of land surrounded by water where you are the sole inhabitant.

Of course, most private islands are prohibitively expensive, costing in the multi-millions. BUT, as with all things, there is a far edge of the bell curve that places the dream of owning your own island into your more realistic grasp.

After searching through the listings of various island real estate brokers, we were able to locate exactly six available islands that you can own for less than US$100k. Not cheap, but not unreasonably costly. Consider that the median price for a home sold in the US in 2010 was $221,800. So, a new island home for under $100k is a pretty good deal.

Note: while you may harbor visions of Fantasy Island, life on these plots will probably be a bit more like Lost. You’ll be forced to rough it a little as these are completely undeveloped plots devoid of any infrastructure or amenities. BUT it is all yours to do with as you please. Build a new house of your design. Name the island after yourself. Make your own laws, you are the president now!*

So, whether you are looking to pick it all up and begin anew in a fantastic new location (or, if you just want to probe through some real estate porn) click through our slideshow of available private islands, all for sale at recession prices.

*You will, of course, be subject to your host nation’s laws and regulations

 

1. McGibbon Island

Asking Price: US$29,900
Location: New Brunswick, Canada
Acreage: 6.25 acres

When most people think “private island,” they probably first think of some topical private island surrounded by crystal clear water and forever sunny skies. However, if you’re willing to settle for a more classical definition of “island,” as in a plot of land surrounded by water, then McGibbon Island in New Brunswick, Canada is up for grabs for less than $30k.

This undeveloped plot of land lies in the middle of the St. Johns river. It is “ideal for summer recreation” and “fall duck hunting,” but will not facilitate the building of any permanent structures due to spring flooding. So, if you like kayaking and killing ducks and are okay with sleeping under tents, McGibbon Island may be a worthwhile investment.

2. Sheep Lake Islands

Asking Price: C$49,950 (US$50,989)
Location: Nova Scotia, Canada
Acreage: There’s four different islands located in “picturesque” and “crystal clear” Sheep Lake in the Lunenburg region of Nova Scotia (technically one is a 1.13 acre peninsula, that will cost you C$43,500). The other three islands in the lake are 1.29, 1.98, and 2.38 acres.

While these densely tree-covered plots will certainly give you privacy, they are still only 25 miles from the closest fishing village and only 78 miles from the provincial capital of Halifax. The islands are surrounded by the crystal clear waters of Sheep Lake and a short drive from the Atlantic coast.

It’s private, but not too private.

3. Little Monkey Caye

Asking Price: $55,000
Location: Monkey River, Belize
Acreage: 0.75 acres

At only $55k, this island is probably truthfully advertised as “by far the cheapest island in the Caribbean.” And as for the name, there are no “little monkeys,” it just happens to be tiny and located near the mouth of the Monkey River, a coastal watercourse in southern Belize (which is itself surrounded by many howler monkeys on the mainland).

From the pictures, Little Monkey Caye appears to be little more than beautiful sandbar, so this may not be quite a live-on situation (especially as you are dead in the sites of hurricanes each season). However, the tiny property may be able to link in to the popular Monkey River tours.

Note: The above picture is not a picture of Little Monkey Caye. The island is so small that we were not able to locate it on any of the major satellite mapping services.

4. Piaçabuçu Islands

Asking Price: $79,500
Location: Piaçabuçu, Brazil
Acreage: 81.58 acres

For around $80k you can purchase this chain of six islands in the two-kilometer wide Sao Francisco river near where it empties into the Atlantic. This rural section of Brazil is a “growing tourist destination with interesting wildlife, picturesque views, and colonial ruins doting the landscape.”

We should note that you are technically not buying these islands as much as your are buying the right to utilize them for 99 years and you will be subject to vague “small, yearly taxes.”

5. Fish Cay and Guana Cay

Asking Price: US$98,500 (with stated taxes, fees, and commission: US$116,230) for both islands
Location: New Providence, Bahamas
Acreage: Fish Cay is approximately .5 acres, and Guana Cay is around 1.5 acres.

These two “blank canvases” are in the middle of some beautiful clear water with fishing abound (and they can only be purchased together). What you lack in a septic tanks and other amenities, you make up for easy water access on the southside of the island as “a superb platform for trying your hand at a series of water sports activities.”

6. Little Island

Asking Price: US$99,897
Location: Ontario, Canada
Acreage: 0.5 acres

Also known as “Jenny Island,” this lightly wooded piece of land in-between Lake Huron and the Georgian Bay is not technically completely undeveloped in that it is covered with the homes and work places of fisherman and their families from the 1800s to mid-1900s, all in “various stages of deterioration.”

 

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One thought on “Six Private Islands That Cost Less Than The Average Home

  1. Actually about the piacabucu islands, they are all 6 for sale but they all have a different asking price. The one that is 79,500 is actually a 16 acre island. I saw this in the read more link on the web site selling it.

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