Thursday, April 25, 2024

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 …Read More: Indian Ocean: Maldives Releases 6 New Islands for Development

Island Market

Australia: Bedarra Island Resort Purchased for Eco-Tourism

Bedarra Island - Image Courtesy of Vladi Private Islands

When Tropical Cyclone Yasi swept the coast of Queensland, the exclusive Bederra Island Resort was among the casualties – now, new owners aim to redevelop with an eco-friendly twist.

(Image Courtesy of Vladi Private Islands)

Luxury-seeking guests used to flock to the 5-star Bedarra Island Resort, found on a …Read More: Australia: Bedarra Island Resort Purchased for Eco-Tourism

Auction Results

United States: Large Ohio River Island Sells at Auction

It may not be the most glamorous locale for a private island, but this large property in the Ohio River generated plenty of interest when it was auctioned on November 17th.

(Image Courtesy of Kurtz Auction and Realty)

The 1,468 acres of Diamond Island harken back to an earlier …Read More: United States: Large Ohio River Island Sells at Auction

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

Asia: Borneo Moves to Restrict Private Island Sales

(Mengalum Island Image from wikisabah.com)

Concerned citizens groups in Malaysia’s popular resort area of Sabah are pushing the government to prevent the sale of certain private island lands to foreign investors.

(Mengalum Island Image from wikisabah.com)

Sabah, a spectacular resort district in Malaysia’s northern portion of Borneo, is a place of dramatic extremes. The …Read More: Asia: Borneo Moves to Restrict Private Island Sales

Island Market

Europe: The Siren Call of the Li Galli Islands

A spectacular trio of islands on Italy’s Amalfi Coast have long lured celebrities and elite guests with their beauty

(Image Courtesy of Vladi Private Islands)

Set along the southern coast of Italy, facing out into the blue Mediterranean waters where Sardinia rises to the west, the Amalfi Coast is …Read More: Europe: The Siren Call of the Li Galli Islands

Island Market

Australia: Toogoom Island Auction Set For December 9th

After the previous sale in 2009 failed to complete, a unique island along Queensland’s coast will be going under the hammer in hopes of finding a new buyer.

(Image Courtesy of Scott Wagner)

In 2007, Queensland real estate agent Ken Collingswood was confident – but realistic – about the …Read More: Australia: Toogoom Island Auction Set For December 9th

Governments buying Islands

Europe: Can the Lithuanian Government Buy a Private Isle in Greece?

The mayor of Lithuania’s capital city has suggested that struggling Greece should sell the country a private island to use as a resort – but is it even possible?

(Skorpios Island Courtesy of Farhad Vladi)

A paradise island on Greece’s sunny Mediterranean shores sounds to many people like the …Read More: Europe: Can the Lithuanian Government Buy a Private Isle in Greece?