The Private Islands Blog » Celebrity Islands

How Much Should You Expect to Pay for a Private Island

The Islomaniac® — Wed, 28 Jul 2010 05:13:30 +0000

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

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.

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.

Wanna Buy an Island?

The Islomaniac® — Thu, 01 Jul 2010 06:43:36 +0000

Chris Krolow, CEO of Private Islands Inc., recently sat down with the Toronto Sun to discuss all things private islands.

According to the Sun island fever has been growing in the country due to a record breaking jack pot in the countries lottery. Krolow discussed the plethora of celebrities who own or have owned private islands including John Lennon, Johny Depp and Faith Hill and Tim McGraw. Krolow was careful to note that Chris Krolow, CEO of Private Islands Inc. and publisher of Private Islands Magazine, says celebrities make up a small percentage of island owners, with many buyers being business people looking for cottages.

There are islands to be had off Nova Scotia for under $100,000. And he can probably round something up in Georgian Bay for around $300,000.

To read the full article visit the Toronto Sun

33M Island in Fiji

The Islomaniac® — Tue, 13 Apr 2010 05:31:51 +0000

Got an extra $33M and would like to live adjacent to Mel Gibson. If so, you may be interested in a private island in Fiji is being sold online for $33.39 million Located in the far east of Fiji within the Lau group, Blue Lagoon Island lies adjacent to U.S. actor Mel Gibson’s Mago Island.

The 225-acre island is one mile long and a third of a mile wide. It is encircled by a 5,000-acre lagoon that offers protection from extreme tides, providing the island with calm tranquil waters, which are said to offer clear views 200 feet underwater.

It is accessible via a 3,400-foot runway.

The scarcity of private islands coupled with the growing popularity of Fiji as a tourist attraction, increasingly favored by Americans and Europeans, has further increased demand for the ultimate seclusion that a “private” island ensures, according to eBay.

The island property was appraised at US$10 million in 1999, prior to any development according to the listing. Recently two accredited valuation companies concurred that the current value is estimated at $25 million euros.

The article doesn’t say what the neame of the island is, but according to sources it may be Katafanga Island which you can see here.

To read the full article visit here: http://www.allheadlinenews.com/articles/7018352576#ixzz0ko4tCjTr

Island Movie: Couples Retreat

The Islomaniac® — Sat, 13 Feb 2010 04:53:46 +0000

I am often amazed at how frequently private islands or private island resorts are the setting for m0vies. Islands provide the perfect backdrop for adventure, romance and horror. The other night I decided to rent Couple’s Retreat after noticing it’s idyllic Bora Bora setting in the previews. The movie stars Vince Vaughn and involves four couples venturing to Tahiti for a little R&R and reluctantly, couples therapy. Unfortunately, the scenery was the best part of the movie, which otherwise was a bit of a stinker.

Tiger Woods Wife purchases Island Retreat

The Islomaniac® — Tue, 15 Dec 2009 05:27:07 +0000

Seeking to get away from the glare of the media Tiger Wood’s wife Elin Nordegren has reportedly bought a hideaway on Faglaro island, a residential island not far from Stockholm.

The 6-bedroom house, which was reportedly purchased on December 1st, is estimated to be worth over $2M and is on an island only accessible by boat. Fagaro Island is one of many islands in the Stockholm archipelago, a popular summer retreat for Swedes living in the Stockholm area.

There is no word whether Tiger will be joining Elin on the island but it has been speculated that this might be Tiger’s new home for a while as his 155 foot yacht “Privacy” is reportedly being prepared for departure from its home at a Florida Pier.

Source: Before It’s News.

Celebrity Secret Vacation Spots

The Islomaniac® — Mon, 07 Dec 2009 20:04:23 +0000

Celebrity Getaways

If you are rich and famous you may require a lot of privacy, but fortunately you have the luxury of being able to afford to go wherever you want. This is why countless celebrities including Jennifer Lopez, Tom Hanks and Mick Jagger all retreat to private islands and private island resorts on their vacations. MSNBC recently wrote an interesting article featuring some of the more exclusive island destinations that celebrities jet off to when needing a little R&R. Here is what they had to say.

Question: If you’re Jennifer Lopez (the ninth-richest woman in entertainment with a net worth of $110 million), you have a $350 million fragrance and fashion empire, and your husband just bought ownership in the Miami Dolphins, where do you spend your winter vacations?

Answer: Anywhere you damn well please, of course.

T0 read the full article visit msnbc.com

Branson Talks Necker Island

The Islomaniac® — Mon, 30 Nov 2009 05:37:15 +0000

Richard Branson, founder of Virging Corp and owner of Necker Island recently sat down with The Age, and Australian news paper and talked about his travels and the private island he calls home. Necker noted that he spends about 6 months of the year ont he expansive and luxurious private island and spends the rest of the year traveling the world, fullfilling his obligations as CEO of the Virgin corporation. Here is what Branson had to say.

Tell us about the holiday destinations you own
I’m really fortunate to own a number of great places that I love visiting but all of the destinations we own work as a business, even Necker. It has a staff of 60 and has to work as a viable business.

In South Africa we’ve got the Ulusaba game reserve. We’ve also built a lovely place in the Moroccan mountains called the Kasbah where I try to spend a bit of time as it’s so peaceful and then there’s the a ski lodge in Verbier which is great fun.

Source: The Age

Fantasy Island: The Reality Version

The Islomaniac® — Thu, 15 Oct 2009 05:32:01 +0000

Mark Burnett, creator of survivor is reviving an old classic and giving it a modern twist. Burnette’s new show features is a spin on the classic series. In the new Fantasy Island contestants will compete to become a real-life Mr. or Ms. Roarke.

The ABC original, which aired in the late seventies and early eighties, featured Mr. Roarke — played by the late Ricardo Montalban, who welcomed guests to his private island and made their dreams come true with the help of his sidekick Tattoo.

On the new series, 12 contestants will greet guests to a tropical island on a weekly basis and try to turn their guests’ fantasies into reality. The guests will judge the wannabe Roarkes and one contestant will be eliminated each week.

Top Winter Getaways

The Islomaniac® — Mon, 14 Sep 2009 05:32:23 +0000

Last week the Robb report released there list of the top winter getaways in the world. And it comes as no surprise that among their list of 20 retreats for the body mind and soul there are several islands on the list.

Making it on to the Robb list is Parrot Cay the 1,000 acre island in the Turks and Caicos where islomaniacs can enjoy meditation and one-on-one yoga classes. Also on the list is Qualia on Hamilton island in Australia. The 30 acre resort off the coast of Queensland is famous for its pavilion style villas and 9-foot-deep plunge pools. Rounding out the list are Four Seasons Resort Maldives infamous for its three hour massages, Laucala island in Fiji, and the ultra exclusive Musha Cay in the Bahamas.

To read the complete list of the world’s top winter getaways visit the Robb Report.

Prince William Vacations on Mustique

The Islomaniac® — Wed, 26 Aug 2009 21:37:14 +0000

Prince William and girlfriend Kate Middleton have reportedly jetted off to the ultra exclusive private island of Mustique for a little R&R. Mustique is a gorgeous private island located in the part of the Caribbean that forms St Vincent and The Grenadines.

Just three miles in length the island is fringed in white sand beaches and is surrounded by crystal blue waters. Owned by the Mustique Company, the island has long attracted A-list celebrities, the super wealthy and in this case royalty, all of who are seeking privacy.

If memory serves me correctly Prince William and Kate Middleton have vacationed on this island before. Perhaps this will be when Will finally pops the question?