4 Things You Should Consider Before Buying a Low-Priced Island

An English poet, John Donne, once wrote "that no man is an island." Such line would definitely be true for some, but others would prefer to own an island rather than being compared to it.

Traditionally speaking, owning an island is well reserved for the rich and famous. However, as time changed and the world economy has made the market known and easily accessible to buyers not only from the upper-class. For there are island scattered around the globe whose prices are not in the million dollar range. Choices may include an island price similar to what you would be paying for a home in some US cities, especially the big ones.

So if ever you have some plans of owning an island whose price range would not be larger than $100,000, then you must start considering some these helpful tips on what to do next.

KNOW THE LOCATION

If you are planning to buy an island and develop it as a Xanadu or just a simple paradise of your own, then you better start by identifying the possible locations of these islands in sale. Location and the utilization of the island should be evaluated together. Once your mind has settled on a specific location and purpose of buying it, you need also to consider other factors such as the weather and the country it is situated. Even up to the very least detail of identifying the source of water for your soon to be getaway spot should not be neglected. You would not like to be situated in an island during your vacation time without a potable drink, or even worse spending it with a hurricane or bad weather.

KNOW YOUR BUDGET

After finding the location you should also consider the budget. You might have seen an island situated in a good spot and the price is just within your ideal budget. However, the word budget should not only mean the island price. Budget in sense should be viewed in its broadest scope, for some of these islands being sold are undeveloped and may require major renovation which may cost certain amount. And you may also deal with some payments to get necessary papers and permits to get your construction rolling, not to mention the cost of materials and labor included on it.

HAVE A DRY-RUN

It would be best to have a simple test before the real one. There are services which offers island rentals all around the year. You may want to have a taste of an island life and how to possibly deal on some troubling events that may occur in an island. Doing as such would help you see yourself living and maintaining your own island. If you find it too much of work, then there would always be a room for delay until you have fully decided and studied the possible responsibilities that owning an island entails.

MAKE THINGS HAPPEN

If you have weighed things up and its pros and cons are fully understood, perhaps the time is right to go and check on your future island. You may consult experts and brokers to make things run fast and smooth. Once things are done, don't forget to send me picture or post card once you are fully settled.

The general considerations I presented may be of great help, but I believe I might have not included your criteria of choosing an island. Feel free to post your comment on how would device your search for your own island, and what would you do to make that island unique from the rest?

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