It seems to many that owning an island is too expensive, and mere mortals cannot afford such luxury. However, this is not quite true. The cost of a personal plot of land consists of many nuances, such as location, availability of communications, size and others. In other words, the price for your personal island is determined in the same way as for any other real estate.
Sometimes housing in New York or Los Angeles is several times more expensive than a small private "tropical paradise." Moreover, the islands are not at the end of the world. An inexpensive piece of land in the middle of the ocean is quite possible to get close to Central America. For example, you can go to Belize and buy an island, paying less than half a million dollars for it.
What is being sold in Belize?
Employees of the 7th Heaven Properties international real estate agency specializing in island sales will be happy to show everyone three options for a “personal tropical paradise."
The cost of islands for sale, according to the listing website of 7th Heaven Properties, ranges from $ 350,000 to $ 525,000.
What's the catch?
This question occurs to everyone who is at least superficially familiar with property prices.
For example, the average cost of houses with land in cities such as New York, Los Angeles and Honolulu is an order of magnitude higher than the amounts requested for the islands in Belize.
According to Robert Cooper, director of 7th Heaven Properties, the islands are not particularly developed.
That is, they will need to invest additional amounts of money, and the buildings already existing on them need to be repaired.
What is this region? Does it make sense to buy an island there?
Without a doubt, the price of $ 350,000 looks incredibly attractive, even taking into account that additional investments will be required.
But what is this region? Where exactly are the islands and how much will they meet the expectations of those who are looking for a personal "little paradise"?
All three islands for sale are located off the Caribbean coast of Southern Belize. That is, the proposed plots of land are located in the same place as the islands acquired by Hollywood stars and American oil magnates.
Only they are territorially not related to the developed and completely civilized region of the Caribbean, but to little developed. However, this region is actively developing at present.
But this nuance does not make the acquisition of such a "tropical paradise" inappropriate. It’s just that any of the three islands currently for sale in this region is either a long-term investment, or is acquired for yourself, and not for resale.