Saturday, January 19, 2019

Island Market

USA: Restaurant Mogul Buys a Minnesota Private Island Retreat

The placid waters of Lake Minnetonka are home to a spectacular private island retreat with a chequered past and a high-profile new owner.

(Image from Google Earth)

Minneapolis restaurateur Kam Talebi, founder of some of the city’s top gourmet establishments, has reportedly purchased a private …Read More: USA: Restaurant Mogul Buys a Minnesota Private Island Retreat

Breaking Island News

Ireland: Inishturk Beg Snapped Up By Anonymous Buyer

Formerly the pride and joy of Secret Millionaire Nadim Sadek, County Mayo’s most famous island, Inishturk Beg, has been sold by receivers for just less than EUR 3 million.

Image Courtesy of Vladi Private Islands

Despite spending such a short time on the market, this 65 acre beauty …Read More: Ireland: Inishturk Beg Snapped Up By Anonymous Buyer

Auction Results

USA: Pennsylvania Man Buys 9 Islands for Under $23K

At a recent auction, one determined bidder snapped up two clusters of isles along the picturesque Susquehanna River for an unbelievably low price – but what will he do with 9 private islands?

(Mack’s Island in the Susquehanna River)

For those who have ever dreamed of island ownership at a …Read More: USA: Pennsylvania Man Buys 9 Islands for Under $23K

Island Market

New Zealand: Vast Puangiangi Island Bought for Nature Reserve

A sprawling island in the Marlborough Sounds has been purchased by two conservation-minded Wellington residents to create a nature reserve for local flora and fauna.

(Puangiangi Image by Farhad Vladi)

Rising out of the Marlborough Sounds like a creature from the Jurassic, the long and spiny hump of Puangiangi Island …Read More: New Zealand: Vast Puangiangi Island Bought for Nature Reserve

Auction Results

USA: Auction Winner Enjoying First Summer on Rat Island

The unfortunately-named island off the coast of New York sold at auction last year for under $180K – and now the new owner finally has the nice warm weather to appreciate it.

(Rat Island, City Island Harbor)

When a tiny speck of land in New York’s City Island Harbor with …Read More: USA: Auction Winner Enjoying First Summer on Rat Island

Auction Results

UPDATE: Auction Winner Takes Florida Island for $258K

A fierce bidding war erupted during this week’s auction of a small island in Florida, with the property selling for more than US $200K above its appraisal price.

(Image Courtesy of Fisher Auction Company)

As previously reported in Private Island News (link), this week saw a unique online-only auction …Read More: UPDATE: Auction Winner Takes Florida Island for $258K

Island Market

UK: £55,000 Scottish Island Bought for Romantic Burial Site

After being struck with cancer, a teacher from Hertfordshire picked up a small uninhabited isle for a song, intending it to be the last resting place for him and his wife.

(Image of Mackenzie Island by Becky Williamson)

It was on the isle of Avalon, a place of tranquil beauty …Read More: UK: £55,000 Scottish Island Bought for Romantic Burial Site

Island Market

Australia: Lindeman Island Sells at Discount to Chinese Firm

One of numerous Australian private island resorts that have been put up for sale in recent years, the former Club Med property was just sold to a China-based company.

(Image Courtesy of Club Med)

The only Australian resort owned by France’s middle-market Club Med has just traded hands for a …Read More: Australia: Lindeman Island Sells at Discount to Chinese Firm

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