Sunday, May 31, 2020

Governments buying Islands

India May Take Over Conco Island in Goa for Tourism

The Indian government recently announced that it may acquire and develop Conco Island, a lush isle found just metres away from one  of Goa’s top beaches. However, there may be more to this proposal than meets the eye.

(Image Courtesy of Gotsaga.com)

When it comes to tropical destinations …Read More: India May Take Over Conco Island in Goa for Tourism

Auction Results

Preservation Trust Buys Heavily Discounted Washington State Island

(Image Courtesy of Vendovi Island)

Appraised at over $12M, Vendovi Island’s failed auction in September had a high bid of just $3.3M, and it has now sold for just $6.4M. Have private islands followed the US real estate market downhill?

According to the Wall Street Journal, Washington State’s privately-owned …Read More: Preservation Trust Buys Heavily Discounted Washington State Island