Wednesday, August 29, 2012

Are Private Islands Going Out Of Fashion?

Boat required: For those who want to get away from everyone, Jonathan Island is one of 600 islands up for sale around the world

Are Private Islands Going Out Of Fashion? The Elite Flee Their Luxury Isles As Owners Find Trouble In Paradise (And These Homes Have Sat On The Market For Months) -- Daily Mail

600 islands on the market around the world - ranging in price from $50,000 - $100 million
Petra Island in New York, which has property designed by Frank Lloyd Wright, available for undisclosed sum

With white sandy beaches, crystal-clear waters and unadulterated solitude, a private island is most people's vision of paradise.

But all may not be as it seems as a number of private islands languish on the market and experts warn that some buyers are realizing that the hassle of living on one is more than it is worth.

There are now 600 islands up for sale around the world, according to experts, from the Caribbean to the chillier waters of northern Scotland, ranging in price from $50,000 to $100 million. The number of isles on the market has jumped three-fold since 2006.

A number of stunning island properties have also been on the market for some time.

Read more ....

My Comment:
I would love the privacy .... but I guess for some it is too much of a sacrifice.

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