Wednesday, October 21, 2020

Development

South Pacific: Why Retire When You Can Build an Island Resort?

An enterprising Australian couple have put their retirement plans on indefinite hold to create a labour of love: a luxurious resort on a small Fijian private island.

(Image Courtesy of Naisoso Island)

For Australian property developer Bob Lowres, retirement in a tropical paradise just wasn’t doing the trick. …Read More: South Pacific: Why Retire When You Can Build an Island Resort?

Breaking Island News

Latin America: The Man Who Sold His Life and Bought an Island

When some people are suffering from a broken heart, they get a new hairstyle or go on a diet – Ian Usher, on the other hand, sold all of his possessions and bought a private island.

(Image copyrght Daily Mail/Mark Richards)

British native Ian Usher has become an internet …Read More: Latin America: The Man Who Sold His Life and Bought an Island

Development

Indian Ocean: Maldives Releases 6 New Islands for Development

The small island country of the Maldives is renowned for its luxurious private island resorts, and this latest move by the government will add 6 more to that list.

(A Typical Small Island in the Maldives)

Half a million tourists flock to the Maldives each year, the tiny island …Read More: Indian Ocean: Maldives Releases 6 New Islands for Development

Breaking Island News

Asia: Private Islands a Hot New Trend for Chinese Investors

With the second announced long-term lease of a private island in China to a local investor, islands are quickly gaining popularity as a luxury real estate investment.

(Image of Danmenshan Island from Google Earth)

On the heels of China’s successful first private island auction, where a 50-year lease of …Read More: Asia: Private Islands a Hot New Trend for Chinese Investors

Auction Results

Asia: China Holds Successful First Private Island Auction

In a step towards opening up its vast coastal waters to more tourism development, China has auctioned off a right-of-use certificate to a private corporation for an untouched island in Zhejiang.

(Dayangyu Island Courtesy of Whatsonningbo.com)

Set along the placid waters of the East China Sea, China’s southeastern province …Read More: Asia: China Holds Successful First Private Island Auction

Island Issues

Australia: The Fight for Control over Australia’s Hummock Hill Island

(Image of Great Barrier Reef Courtesy of NASA)

The State of Queensland and the Federal Government of Australia are battling it out over the future of Hummock Hill Island – and the fate of a proposed near-AUD $1 Billion development.

(Image of Great Barrier Reef Courtesy of NASA)

Hummock Hill Island, found south of the industrial …Read More: Australia: The Fight for Control over Australia’s Hummock Hill Island

Island Market

USA: As Market Improves, $49.5M Florida Island Relisted for Sale

After the 2008 economic collapse, Florida was arguably one of the hardest-hit states in the union. During the crisis, one private-island owner pulled his listing from the market – but signs of a recovery have renewed his hopes of finding a buyer.

(Image from www.wikipedia.com)

While the thought …Read More: USA: As Market Improves, $49.5M Florida Island Relisted for Sale

Development

Powering Your Private Island – The Basics

The solitude and dreamy isolation offered by private islands are part of their allure, but feeling far away from the cares of civilization may also mean being cut off from the mainland power grid. When connecting to a central power supply is prohibitively expensive or altogether impossible, there are many creative options for the …Read More: Powering Your Private Island – The Basics