Islands For Sale Islands For Rent Blog Magazine PII

Uncategorized

$350 Million Dollar Island

Saturday, December 8th, 2007

Lisbon IslandOwning and selling the most expensive island in the world is a tough title to obtain and hold on to. Until recently the most expensive island in the world available for sale was Ronde Island in Grenada, which is on the market for 100 million dollars.

Ronde Island was recently dethroned of its title of the most expensive island in the world by a remarkable European island. Lisbon Island in Portugal has just been put on the market for 240,000,000 Euros which translates to about $350,000,000!

Although this is a remarkable price, lisbon islandLisbon Island really is a remarkable island. The island is just 300 meters off the coast of Lisbon (the capital of Portugal) and is 3,000 acres in size. The island is ideal for development and a luxury gold course, resort and marina have already been proposed for the island.

Although this island may be out of the price range of the average islomaniac the island is an amazing fine, and I am genuine in my belief that I have never seen anything like this come on the market. The fact that it is located in Europe, is zoned for development and is so close to a large metropolitan area makes this island extremely desirable to not only island lovers, but to developers as well.

I doubt this island will be Lisbon Islandbought by one investor. Instead I expect it to be purchased by a keen investor/company who sees the development opportunities of this unique island, because although expensive, given its size and location this island is without a doubt a lucrative investment opportunity.

On a final note I find it remarkable that a piece of property this large and so close to a large metropolitan area (about 3.4 million people in the immediate area) has remained undeveloped/populated for so long.

For more information and photos of this island visit its exclusive listing at Private Islands Online.

  • dubai-water-discus-2
    Star Trek Underwater Hotel to Open in Maldives
  • Georgian Bay Gems
  • DSC_1962.JPG
    Private Islands on Lake Champlain, Vermont
  • 1340226648_large
    Sealegs: Boating Made Easy
  • image_b06c8b11fc
    Jewel Caye: A Turnkey Treasure in Belize
  • image_e7e33c85e2
    Bannister Caye: A Lucrative Investment
  • Credit-David Pearlman 2010 41 b
    U-Boat Worx: For the Adventurous Islander
  • image_3b4cc4d0f9
    Cebaco Island: An Emerald in Panama
  • image_7d5d3bf709
    Shelter Island Estate drops asking price by USD$ 15.5 M
  • ducks
    Ducks Island – A Versatile Retreat
  • cimage_59b1965193-thumbb
    Three Fabulous Florida Rentals
  • d
    Stranger’s Cay – Drastic Price Reduction
  • cimage_49eee52dfb-thumbb
    Eagle Rock Cay: Bahamian Island Rental
  • image_73e5a85935
    The Manuhangi Atoll: Paradise in the Tuamotu Archipelago
  • portofino
    Portofino Caye: Island Resort Opportunity
  • Island Cover fr-en2
    Private Islands For Rent, the coffee table book
  • image_63de51ed4c
    The Ocean Flower: The First of 5 Lagoons
  • British Columbia Islands
    Private Islands in British Columbia
  • title
    Island Stocking Stuffers: Islands for under USD 350,000
  • Stora Rullingen
    Stora Rullingen, Mälaren, Stockholm
  • Hog Island
    Hog Island Auction
  • projects
    Crystal Lagoons: Perfect Island, Perfect Beach
  • DaF_Benetti Cannes
    Benetti Superyacht: Diamonds are Forever
  • seaislandblog
    Sea Island: Luxury in the Golden Isles
  • New Aerial Nautilus Island ME0960 PI
    Island Auction October 18th – Nautilus, Maine
  • aesblogpic
    Alternative Energy Services
  • fimage_909ef92982
    Bora Bora: Magic, Mystery and Romance in the South Pacific
  • Kato
    Aegean Dreams: An Ideal Opportunity in Greece
  • Video Shoot - Oct. 2008 020
    The Icon A5
  • Twizzle - _MG_9481 MR
    Royal Huisman’s Twizzle