BUY PRIVATE ISLAND NO LONGER EXPENSIVE, ONLY $ 50 THOUSAND

If you are dreaming to have a private island, now is the time. Stock of weaker demand and a growing private island in the world, has made a 20-80 percent price cut.
Of the report Chris Krolow of Private Islands Inc. as quoted by page CNBC, Wednesday, July 25, 2012, currently more than 600 private islands throughout the world are sold. While supplies private island is known to increase 3-fold before the onset of economic recession.


To have a private island, the buyer does not have to come from the billionaire. Currently there are many private islands that are sold for less than U.S. $ 200 thousand or Rp1, 8 billion. In fact, some of which are only sold at a price of U.S. $ 50 thousand (Rp450 million).
Broker acknowledges, the demand for quality private island with facilities close to home and community center, is still fairly high. Unfortunately the sales price to remote islands and undeveloped is decreasing.


"The recession has divided this private island into two distinct markets," says Farhad Vladi of the brokerage firm which has offices in Germany and Toronto, as Vladi Private Island.


This weakening of the price of private islands visible from the sale of Puangiangi Island lies off the coast of New Zealand with an area of ​​155 acres. The island is initially worth U.S. $ 4 million, only managed to sell for U.S. $ 800 thousand.


Another island is a discounted price Buenavista Island in Panama which is only less than 200 meters from the beach. Buenavista was originally sold at a price of U.S. $ 3 million. Brokers are now forced to cut its price to only U.S. $ 750 thousand.


Not only small islands, the price decline also occurred to a native island in the Bahamas, Leaf Cay. The island has three beaches, the port for cruise ships large and easy access to the golf course was originally sold at a price of U.S. $ 24 million. But now, traders are forced to discount its price to U.S. $ 7 million.


Drop in the price of private islands is due to various reasons. Weakening world economy was a big impact for the super rich.


Before the recession hit the world economy, many newly rich people who buy a private island as a symbol of status. It is seen from the steps of the rich Richard Branson, as well as the artist Johnny Depp and Celine Dion who has a private island.


Unfortunately glitters has a private island slowly fade away even from the expectations of the buyer. To build a house or building on a private island, it takes a long time and great expense.
Means of transportation to reach out to a private island is still an obstacle for the rich people who really appreciate the time.

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