Islands For Sale Islands For Rent Blog Magazine PII

Private Island Market

How Much Should You Expect to Pay for a Private Island

Wednesday, July 28th, 2010

Five years ago, Mel Gibson bought a spectacular 5,400-acre island in Fiji’s northern Lau chain for $10 million—a steal at $1,800 an acre.In their popular online column Vanity Fair recently answered a readers question about how much one should expect to pay for a private island. Answering the question, journalist Peter Newcomb noted that

Generally, tropical islands fetch more than those in temperate climates, as do islands with quick access to civilization. Another factor: the stability of the local government. An islet off the coast of Nicaragua is currently selling for $144,000 an acre, while a 45-acre beauty in the British Virgin Islands is listed at more than $1 million.

Although generally speaking this is a pretty accurate summary. However when purchasing a private island their are and endless number of criteria that one should look at. In addition to climate and local government one should also look at development opportunities and laws, size of the island, access to resources such as fresh water, access to the mainland, whether the property is freehold or lease hold, commute time to island and of course investment potential.  The importance of any one of these factors varies from person to person which is why it is important to have a private island expert available to assist you in the purchase process.

For more information on owning, selling and renting a private island visit the resources section 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