Euronews Business recently highlighted a list of islands around the world that could potentially cost less than the average home in the UK. As housing prices continue to rise, many are turning to alternative options such as purchasing private islands for a fraction of the cost.
The article explores various islands in locations such as Europe, the Caribbean, and the Pacific that are surprisingly affordable. These islands offer the opportunity to own a piece of paradise without breaking the bank. From remote locations with stunning natural beauty to islands with existing infrastructure and amenities, there are options to suit a variety of tastes and budgets.
One example is Rabbit Island in Cambodia, which offers a serene escape with white sandy beaches and crystal-clear waters for a fraction of the cost of a typical UK home. Similarly, islands in Greece and Croatia are also listed as affordable options for those looking to invest in a private retreat.
The article notes that while owning an island may seem like a far-fetched dream for many, it is becoming increasingly feasible as prices become more competitive. With advancements in technology and transportation, remote islands are more accessible than ever before, making them a viable option for those seeking a secluded getaway.
Overall, the article sheds light on the potential for owning an island as a cost-effective alternative to traditional real estate investments. As the housing market continues to soar, purchasing an island may be a viable option for those looking to invest in a unique and luxurious property without breaking the bank.
Source
Photo credit www.euronews.com