In the mood to splurge? It could not get better than buying your own private island in the Bahamas.
Little Ragged Island, also known as St Andrew’s, is the largest private island currently for sale in the Caribbean paradise. It’s 730 acres of rolling forested hills and pristine white beaches, surrounded by warm blue ocean.
This isolated destination is connected to the rest of the world by a 10-minute boat ride to nearby Ragged Island, where a private airstrip awaits. But if you prefer to arrive by superyacht, there’s also deep water access for large ships.
What awaits the buyer?
There are freshwater ponds, snorkeling and sailing opportunities, excellent flats for fishing, and you can also chill on the beach and watch flamingos. The woods are rich in lignum vitae trees, known for their medicinal properties.
If you prefer to climb a hill and survey the full richness of your land, the elevation rises from sea level to 40 feet (just over 12 meters). As for development opportunities, there’s enough space to build a boutique resort with 18-hole golf course.
Details of the sale
Little Ragged Island is on sale through Concierge Auctions, a US real estate company that auctions properties to the highest bidder.
To join in the bidding, you need to stump up a $100,000 deposit, but there’s no reserve price. It’s listed at $19.5 million, but there is no minimum bid or expected minimum bid.
“We have received a great amount of interest in the auction so far, which is expected for this is a one-of-a-kind opportunity. We are confident that the Concierge Auctions platform will bring an unmatched reach to global buyers throughout the auction process,” Laura Brady, co-founder and CEO of Concierge Auctions, said.
Private virtual viewings are available online. Bidding opens March 26, 2021 and closes March 31.
If you are keen to buy an island and miss out on this opportunity by any chance don’t worry, the Blue Estate Group recently unveiled plans for the man-made Blue Estate Island close to the Bahamas, where property prices start at $19,800 and rise to over $1 billion.
A number of island brokers have reported a huge spike in demand for private islands in the wake of COVID-19, with many of them claiming that they’d had their busiest two months in over 20 years.
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