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Most Expensive Private Islands

March 20, 2006 | Posted by Allison as How the Rich Survive at 1:00 pm |

Is it time to buy your own private island?  Ready to escape it all?  Then you’re looking at the right place for a little research & development.  Take a look at these top 10, most expensive island gems spanning the world.

10.  Isola Santo Stefano, Italy- $24 million

The unusual island rises out of the sea about 90 miles west of Naples. Totaling about 62 acres, it features a horseshoe-shaped building that dates back to the 18th century and was once used as a prison. There is also a church and several houses on Santo Stefano.  So lock up your prisoners & head to the church on this interesting island.

9. Thatch Cay, U.S. Virgin Islands- $24 million

This long, lush island is situated just a half mile off the coast of St. Thomas, and so offers convenience and seclusion all at once. On one side of Thatch Cay, dramatic cliffs drop into the ocean. On the other, the land gently slopes toward St. Thomas.  The best of both worlds at your fingertips.

8.  Blue Lagoon, Fiji- $25 million

Ringed by a coral reef, Blue Lagoon is about a mile long and totals approximately 225 acres. In the 19th century, it was a coconut plantation; today it is home to coconut crabs, giant clams and a mostly-complete resort. The design includes 20 luxury guest villas with marble baths, a dining pavilion, full service spa, meeting rooms, a golf course, marina and dive center. Are you ready for the adventure?

7.  Grand Bogue Caye, Belize- $25 million

This island is so appealing that a brother of the sultan of Brunei and Bill Gates have reportedly come to check it out. The largest private island left capable of being developed in Belize, it is unusual in that it is not overgrown with mangroves. Grand Bogue, totaling about 314 acres, has large beaches, coral flats, and forests.  Be ahead of Microsoft giant Bill Gates & come home to this beauty of an island today.

6.  Allan Island, Washington State- $25 million

Want to be closer to the U.S. & have your own private island, then here’s your ticket for the good life. Allan Island is northwest of the city of Anacortes, between Burrows Bay and Rosario Strait. It currently has a main house with two bedrooms, one bathroom and bamboo floors, and a guest house.

5.  Caritas Island, Connecticut- $25 million +

What a rare luxury to have a private island an hour’s drive from Manhattan! This four-acre island is connected to Connecticut via a private road, and features a 14,000-square foot stone manor house, built in 1906 for members of the Phelps Stokes family. The mansion has a marble entryway, herringbone oak floors, marble skirting, a two-story gourmet kitchen and library with a cathedral ceiling. The estate includes a lap pool, saltwater pool, 200-foot deepwater dock, guest cottage, caretaker’s cottage and gardens.

4.  Temptation Island, Thailand- $30 million

This 20-acre island reclines in sparkling waters off the east coast of Phuket, and is partly occupied by a resort that has 132 guest units.  If you’re looking for white, sandy beaches & romantic palms- this is the place! 

3.  Cerralvo Island, Mexico- $35 million

This large land mass of about 35,000 acres is located off the east coast of Baja, in the Sea of Cortez. The rugged island has beaches and sandy points, and a consistently balmy climate. Incredibly deep water nearby provides extraordinary fishing opportunities. Ready for a good, worthy investment opportunity?

2.  Pakatoa Island, New Zealand- $35 million

Most of the islands in Hauraki Gulf, about 30 miles from Auckland, have been set aside as reserves. Pakatoa, which is occupied by an inactive resort, is one of the few exceptions.  Get ready for a good thing with 24 beachside cabins & 38 hillside cottages.  Sounds like the perfect place for a company pow-wow.

1.  Isla de sa Ferradura, Spain- $39.7 million

This 14-acre island lies just off the northern coast of Ibiza, in the bay of San Miguel. The island features a large salon, home theater, professional kitchen, dining room that seats 14 and several terraces, including a revolving one overlooking the swimming pool. The pool has its own waterfall and bar. There is also a cave complex built to house a whirlpool, solarium, steam bath and other amenities.  My favorite, a cave complex with whirlpool?!  I’m sold!  Now someone just hand over $39.7 million so I can start packing!

 

 

   

 

 

 

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