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Really Big Private Islands
By Islomaniac | February 14, 2008
When most people think of private islands they think of small, quaint and isolated pieces of land floating unobtrusively in the middle of the ocean. Although many islands do meet this stereotypical profile, many islands are anything but small.
In recent years, as more and more islands have come onto the market I have seen an increasing number of very large islands, sometimes thousands of acres in size coming on to the market. Island such as
currently available for sale.
So this begs the question, who buys these massive private islands? The answer is a lot of people. The most common purchaser of these properties are resorts who typically plan on extensively developing the property for their guests. However, they may also be purchased for planned communities, farming purposes, ecological preserves and in some cases for private use.
Whatever these islands are used for, and despite their often high price tag, they do eventually sell, meaning there is a market out there for really big private islands!
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Topics: Environmental, Islands for Sale |
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