24/7 Wall St. Key Takeaways:
- Most very expensive islands are located in the Caribbean or a similar vacation destination. However, there are some other surprising places you can buy an island, too.
- The countdown-style list below is based on islands we found for sale on several different realtor websites.
- Also, read “The Next NVIDIA.”
Private islands are the epitome of wealth. And there are a surprising number of private islands for sale. In fact, we found thousands all across the world, ranging from the Bahamas to Ireland. These islands cost millions of dollars and are typically on a handful of acres.
However, for those who can afford them, they are key vacation getaways.
We’ve organized this list based on price (though prices are often “upon request” in the island-buying world). The most expensive island available is at the bottom!
Why Are We Covering This?
Private islands are very expensive, but they’re often considered investments for those who purchase them. Just like the middle class might invest in real estate, the very wealthy upper class invests in islands.
15. Isla Rancheria
- Location: Panama, Central America
- Acres: 310
- Price: Upon request
This island is located in the ocean and is one of the larger options on this list. It also has an airstrip, allowing the owner to fly in. As you might guess, it also has several beaches.
14. Mounu Island Resort
- Location: Tonga, South Pacific
- Acres: 7
- Price: Upon request
Despite being very small, this island has a higher price because it’s already income-producing. It’s developed, complete with a cabin for guests.
13. Blunder Bay Estates
- Location: British Virgin Islands, Caribbean
- Acres: 1
- Price: Upon Request
This very small island is complete with a very fancy house and is designed to be a vacation destination. It’s move-in-ready, which bumps its price up considerably.
12. Passage Island
- Location: Seldovia, Alaska
- Acres: 44
- Price: $4,950,000
This island features 7,000 feet of waterfrontage in Alaska. It’s reachable by float plane or boat. This island has been virtually untouched for decades, making it a great option for those wanting to build from the ground up.
11. Stroggilo Island
- Location: Greece, Europe
- Acres: 54
- Price: $5,020,080
This large island is located near Greece in Europe. It’s 54 acres, making it one of the largest islands on this list, and it’s connected to the mainland for power.
10. Zizanj Island
- Location: Croatia, Europe
- Acres: 12 acres
- Price: Upon request
This island is only 12 acres. However, it has several buildings on it and a small farm. It’s move-in-ready and comes with some income potential.
9. Jost Van Dyke
- Location: British Virgin Islands, Caribbean
- Acres: Unknown
- Price: Upon Request
This more mountainous island does not have any houses on it currently, but it does have some income potential. It also has several beaches and is located in the Caribbean.
8. Amillarah Private Island
- Location: Maldives, Asia
- Acres: N/A
- Price: Upon request
This interesting island is very unusual. It’s very small and is practically only large enough for the house that sits on it. However, the 360-degree ocean views are hard to beat, and there is a lot of income potential.
7. Serenity Beaches Resort
- Location: Tonga, South Pacific
- Acres: 8
- Price: Upon request
This ocean island is already income-producing, which is one reason why it’s more expensive than others. It has a house on it that’s ready to go and has several beautiful beaches.
6. Argyll Island
- Location: Scotland, Europe
- Acres: 261
- Price: $10,500,000
This island is extremely large and located in Scotland, where owners can fly in using the island’s airstrip. It already has a home on it and is ready for the new owner to move in.
5. Windermere
- Location: Eleuthera, Bahamas
- Acres: Unknown
- Price: Upon request
This island has a little bit of everything. It’s historic and already producing income, on top of being pretty large. It has just about everything for everyone.
4. Fraser Island
- Location: Australia, South Pacific
- Acres: 74
- Price: Upon request
This lake island comes equipped with a house that’s ready to move into, and it’s much larger than other islands. Its several beaches and high-income potential make it one of the more expensive islands on this list.
3. Pumpkin Key
- Location: Florida, United States
- Acres: 26
- Price: $75,000,000
This very expensive island is located in Florida and comes with a house and dock. It has a high-income potential, which is one reason it’s so expensive.
2. Long Coco Caye
- Location: Belize, Central America
- Acres: 38
- Price: $75,000,000
This strangely-shaped island is located in Central America, where most high-end islands are. It’s considered large acreage and is ready for the new owners to move in.
1. Rangyai Island
- Location: Thailand, Asia
- Acres: 110
- Price: 160,000,000
This very large island is located in Asia and has several beaches. It doesn’t have a ready-to-move-in house, but it does have high-income potential.
Essential Tips for Investing (Sponsored)
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
