Islands for Sale

Jan 11, 2001
Outside Magazine

FOR SALE: Swan Island, yours for $950,000

Forget champagne wishes and caviar dreams. If you had the cash, you'd go for coconuts and cays. You're not alone: The private-island real estate market has boomed in the last ten years. And why not? For the price of a suburban starter mansion, you can own not just a piece of the rock, but the whole darn thing.

Baboon Cay, Nicaragua-$494,000
Fifteen-acre cutie, just three miles from the jungle mainland. Small cabin with well and generator overlooks powdery beaches, palm trees galore. Only four to six feet above sea level, yet SO protected from rough seas by cays and coral. Dive the reefs, fish tarpon in the flats, stalk marlin offshore. Plenty of lizards, seagulls, and pelicans, but baboon-free. Why not rename the island once it's yours? Call Peter Tsokos at Tropical Islands, 305-273-8033;

Therese Island, Seychelles-$3.85 million
Exotic Eden! Off the west coast of Mahé, this 179-acre stunner is ringed with white-sand beaches, shaded by rustling palms, and smack in the middle of some of the world's best diving and fishing. A reef protects its very swimmable south shore. Your only neighbors are the tortoises who call this beauty home. Limited development possible; plenty of fresh water. Call Vladi Private Islands, 011-49-40-33-89890;

Ligia Island, Greece-$800,000
Odysseus longed to return; so will you. This hilly, undeveloped, 32-acre gem floats in the fabulous boating grounds of the Ionian Sea, only nine miles from Ithaca (that Homeric hero's legendary home). Ligia is covered with intoxicatingly fragrant pines, poplars, and wildflowers. A concrete pier on the island's west coast awaits YOUR special yacht. Call Vassili at Ask Elena, 011-44-7808-403063;

Money Cay, Florida-$2.6 million
Ca-ching! This is the one! Five and a half acres of heaven, just 25 miles from colorful Key West. Coconut palms surround a three-bedroom, 3,500-square-foot designer bungalow with gourmet kitchen, cathedral ceilings, jacuzzi, satellite TV, and, in the living room, a wet bar built over a 300-gallon saltwater aquarium. Fab views from every room! Diving, snorkeling, kayaking, fishing just minutes away from your private dock. Call Money Key Inc., 305-745-3084;

Wavi Island, Fiji-$550,000
Do the Brando thing: This 26-acre dream sits within a coral reef just off Vanua Levu-the Savusavu airport is just minutes away. But why would you ever want to leave when you can fish, kayak, and snorkel in your own blue lagoon? The lush isle awaits your sensitive hand for development: a personal estate? Private island charter? Boutique resort? You decide. Won't last at this price! Call Pacific Islands Investments, 808-883-8000;

Swan Island, Australia-$950,000
A nature-lover's wonder Down Under! Tucked in Port Philip Bay, about 40 miles southwest of Melbourne, this lovely 550-acre isle has it all: three fixer-upper houses, eight sparkling beaches bordered by undulating sand dunes, miles of walking trails, abundant abalone in the kelp gardens offshore-even its own fairy-penguin rookery. Private airstrip for easy access. Call Vladi Private Islands, 011-49-40-33-89890;

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