Friday, March 29, 2024

Governments buying Islands

Germany: Controversy Surrounds Government Plans To Buy Private Island

Pheasant Island - Courtesy of Wikipedia

The German town of Eutin is gearing up for a bold redevelopment, with controversial plans in place to purchase nearby Pheasant Island – a private island located in the Großer Eutiner Lake.

Pheasant Island – Courtesy of Wikipedia

The sleepy, north-German town of Eutin is set for a new look, …Read More: Germany: Controversy Surrounds Government Plans To Buy Private Island

Island Market

Australia: Cautious Optimism across Australia’s Private Island Market

Orpheus Island - Courtesy of Vladi Private Islands

A cautious sense of optimism is creeping in Down Under, as signs suggest that after over 10 years in financial free-fall, the Australian private island market is finally bottoming out.

Orpheus Island – Courtesy of Vladi Private Islands

One of the world’s most beleaguered private island markets is slowly showing …Read More: Australia: Cautious Optimism across Australia’s Private Island Market

Governments buying Islands

China: Private Island Plans Enter Trial Phase in Guangdong Province

Map of Guangdong - Courtesy of www.itourbeijing.com

Authorities in Guangdong Province have this week announced plans to trial the use of two private islands along the South China Sea coast.

Map of Guangdong – Courtesy of www.itourbeijing.com

China’s interest in private islands continues to grow with local media reports suggesting that two uninhabited islands off the coast of …Read More: China: Private Island Plans Enter Trial Phase in Guangdong Province

Islands on the market

Scotland: Could This Be The Only Private Island to Win Olympic Gold?

Ailsa Craig - Courtesy of Vladi Private Islands

The Scottish private island responsible for the production of the curling stones used at this year’s Winter Olympic Games has been put up for sale with an asking price of GBP 1.5 million.

Ailsa Craig – Courtesy of Vladi Private Islands

A tiny, uninhabited island located some ten kilometers from the …Read More: Scotland: Could This Be The Only Private Island to Win Olympic Gold?

Islands on the market

USA: Death of an Island – Paul Allen’s Island Set For Extensive Development

After spending almost a decade on the market, Microsoft co-founder Paul Allen has finally found a buyer for Allan Island, his American private island bolt-hole.

(Image Courtesy of Wally Gudgell/Windermere)

After languishing for nine long years on the private island market, Microsoft co-founder and Seattle Seahawks owner Paul Allen has …Read More: USA: Death of an Island – Paul Allen’s Island Set For Extensive Development

Development

Caribbean: Cruise Industry Makes Further Advances Across Caribbean Islands

The port authority of a popular private island destination has this week signed terms with two major cruise liners in a long-term move to boost tourist numbers by up to 425,000 guests per year.

Sandy Spit – British Virgin Islands (Image Copyright Farhad Vladi)

Just months after announcing their intention to …Read More: Caribbean: Cruise Industry Makes Further Advances Across Caribbean Islands

Governments buying Islands

Italy: Private Island Dream Denied For New Zealand Businessman

Isola Budelli, Courtesy of Vladi Private Islands

The battle for Budelli has reached a bitter conclusion for would-be owner Michael Harte, with the Italian Government exercising its right of first refusal at the eleventh hour.

Isola Budelli, Courtesy of Vladi Private Islands

A New Zealand businessman has had his plans to buy a Mediterranean private island derailed by …Read More: Italy: Private Island Dream Denied For New Zealand Businessman

Island Market

Scotland: Historic Scottish Private Island Sold

Wiay - Photo Courtesy of The Telegraph (UK)

An uninhabited island located in Scotland’s Outer Hebrides region has been snapped up by a mystery local buyer for over GBP 500,000.

Wiay – Photo Courtesy of The Telegraph (UK)

An uninhabited island with a regal history is set to change hands before Christmas in a deal to the tune of …Read More: Scotland: Historic Scottish Private Island Sold