Escaping to your own private island is easier than you think. The world is filled with small pieces of paradise that cost under $100,000. Considering this is much cheaper than owning a home in a major city, it may be fun to purchase a vacation retreat.
Islands come in all forms. Some are tropical, and others are wild and windswept. Bargains line the water and can be found in all parts of the globe. To uncover the best deals, real estate experts advise searching around Scotland, Ireland, Sweden, or Canada. Although some islands sell for millions of dollars, it is possible to pay much less for some peace and serenity.
The typical island buyer is a professional who wants a vacation getaway. However, there is increasing competition from government entities and conservation organizations.
For under $100,000, do not expect a world class resort. With a bit of imagination, it is possible to turn a small hut and dock into a custom-built oasis. In real life, Boris Reininghaus, an average German cabinet maker, bought a 16-acre island for approximately $60,000 in Nova Scotia. When he began, the land was empty. With time and ingenuity, he created a family retreat that provided great memories.
If you are interested in buying your own island, you can search online. You should only consider properties that are close to the mainland and have an established source of power. Also, you must make sure you can secure a building permit. Paying a bit more for some extra facilities may be wise so that you can simply pack your suitcase and be on your way to your private Eden.