Ever wondered what you could own on the other side of the world?
For a lot of people in Dublin, the idea of buying their own home in the city is laughable. If you’ve ever felt like house prices are increasing then you’re probably right because house prices have risen on average by 8.1% in the last year in Dublin, and a whopping 11.2% in south Dublin specifically.
All in all, the average cost of a 3-bedroom semi-detached home in Dublin is now €253,685, and that’s just a scary amount of money for most people. So, what are your alternatives? Well, the reality is that if you can’t afford to buy a house in Dublin you have to rent a house in Dublin. However, for those of us who like to dream, there’s a sweeter possibility open to those with adventurous souls and it involves buying your own private island.
Private islands have a reputation for being pretty fancy – the reserve of the super-rich. However, they’re not all that pricey, especially compared to average house prices in sunny Dublin. Here are a few that you can literally buy for less than a 3-bed semi-detached property in the city:
1. Private Island, Panama
Fancy a bit of DIY? This place hasn’t been developed yet, so it needs some work, but at €134,460 for the whole island, it seems like a bargain. It’s 30 minutes from the nearest town Chiriqui Grande, and just a 40-minute boat ride to the airport! Plus, it’s huge – spanning 9.30 acres!
2. Blowfish Island, Panama
Got €70,815.60 going spare? Of course, you haven’t, nobody does! However, this place is an absolute steal. Imagine building your own holiday resort here, surrounded by an abundance of the incredible wildlife that we can 100% guarantee you’re never gonna get to see in Dublin (sorry, guys).
3. Tierra Oscura, Panama
Here you get 2 islands for €107,568, and although you’d have to get your hands dirty if you wanted to develop it, you’d still have plenty of cash leftover from a Dublin budget if you’re not forking out for a pricey property in the city. It’s the perfect place to snorkel and to listen to the howler monkeys in this beautiful part of the world.
Want to see more? You can browse private islands to your heart’s content at privateislandsonline.com, and maybe there will be a boom in island-owning Dubliners once the secret gets out.