Tips to Buying Your Own Island

Tips to Buying Your Own Island

Sure, you’ve always thought about how much fun it would be to live in a tropical paradise, and you’ve probably even joked that you would like to buy your own island. While this might have seemed like a pipe dream, it is actually something you can do if you really want to! In fact, other than the cost being much higher, it really is not too much different from buying a home. Most people do not know much about buying islands though, and you do have quite a few more things you will have to consider. In this article, we’ll cover some tips on how you can buy an island that is perfect for you.

How Much Can You Spend?

In case you didn’t know, islands don’t generally come cheap. When you have a larger budget, you will have more choices in the type of island you can buy. It’s a good idea to consider your budget and then start shopping rather than the other way around. Know how much you can afford and see what islands are available in your price range.

When you are considering your price, you have to account for a number of things in addition to the price of the island. Are you building on the island? How much will you have to import? Does the island have fresh water? How often will you need to resupply?

What Size Do You Need?

How large of an island do you need? If you are going to build just one house, and you don’t need it to be too large, then a small island that’s only about one or two acres should be fine. Those who want to have larger homes, and perhaps some other buildings for family and friends who visit should buy a larger island that is between ten and twenty acres or so. Always know what you are going to build on the island, and try to choose something large enough to account for any additions you might want to make down the line.

Don’t Choose Too Hastily

In the excitement, you may want to buy the first island you find that is in your budget. This is rarely a good idea. You need to know more about the island before you spend. How close is the island to neighboring islands that have villages, along with the supplies and care you might need? Remote islands might sound great, but they can be more hassle than they are worth. When you have an island that’s close to a bay and to other islands, you will also have interesting views.

Always Visit First

Is the island life really for you? Is the island as great as the photos make it seem? Make sure you spend some time on the island and explore it before you put your money down. This also lets you see just how accessible the island is by boat. You have to consider the travel time. Learn as much as you can about the location, including the weather. Inclement weather could leave islanders stranded for a while.