Living Like Celebrities: How Much Does It Cost To Buy A Private Island?

Nothing says luxury lifestyle like owning a private island. Furthermore, the opportunities that come with such a step are endless, especially if the island is titled. But this isn’t for free, so what is the cost of a private island? Mundo explores the average private island cost and analyzes examples. 

How Much Would It Be To Buy An Island? Exploring the Logic Of Premium Real Estate

Whether a gold mine that can bring great profit, or a secluded retreat for the family and close friends, to buy a private island is to access an outstanding property for those who value high living standards.

Since Mundo is introducing the opportunity to buy an island in Bocas del Toro, Panama, it is interesting to look at similar cases, their prices, who bought them, and what kind of lifestyle awaits. 

When we think about billionaire private islands for sale, eccentric celebrities and HNWIs come to mind, yet a private island can cost less than a million dollars. This leads us to wonder: what is the average private island cost, and what does it depend on?

The Essence of Average Private Island Cost

The first thing we need to establish is that the cost of a private island works on the same principles as any real estate. This means that location, accessibility, potential, and the property conditions count.

Our research shows that the cost of a private island can range from $500,000 to several million, depending on the factors mentioned above. 

For obvious reasons, an untamed paradise will be much more affordable than an island with developed infrastructure. The Colombian singer Shakira had to drop $16 million to buy Bonds Cay, a 70-acre paradise in the Bahamas, with two of her colleagues, Roger Waters and Alejandro Sanz. Of course, it was far from untamed: it came with a golf course, lush hotels, and condos. 

The colossal sum had everything to do with the developed infrastructure that the owners decided not to put into tourist or commercial uses. Instead, they turned it into a gateway for artists. 

Paying 16 million for a place where you have 5-star comfort makes sense. The artists are a few hours away from home and 37 miles from the city of Nassau, where they can send for groceries and supplies while chilling in their incredible mansions and private spas. This is usually why billionaire private islands for sale have such high costs. 

How Much Would It Be To Buy An Island For Artists Like Johnny Depp: Private Island Cost In Little Hall’s Pond Cay

According to his own words, Little Hall’s Pond Cay is the only place in the world where actor Johnny Depp feels normal. Also in the Bahamas, this island cost Depp 3.6 million. Now this is his personal sanctuary where he feels safe from prying eyes and where he has built a ranch with 360-degree views. 

Finding A Lower Average: Private Island Cost Under One Million

Naturally, the exact opposite exists. According to our research, the minimum average private island cost is $500,000, and we have read about very secluded islands in Belize for only $100,000. Nevertheless, these alternatives require a higher investment to prepare the ground and build whatever needs to be built. 

Buy a private island

Access is another important factor. Ferries, boats, marinas, helicopter pads, or runways can significantly increase the cost of a private island. After all, it's no coincidence that these artists have chosen the Bahamas. Both the Bahamas and the Caribbean enjoy a strategic location because of their proximity to the United States. Artists, Hollywood stars, and business people have commitments, business, meetings, recordings, concerts, shows, and filming to do and attend. To buy an island in the South Pacific for Shakira would be pointless, while it can be the perfect option for a Japanese or Australian magnate. 

Buy A Private Island In Panama Through Mundo

This is a very special moment because all Mundo readers have the opportunity to buy an island in Panama, in an archipelago called Bocas del Toro. It meets all the conditions for a private island to be an outstanding investment or personal haven. 

About the location box, it’s checked, because the archipelago is only a one-hour flight away from Panama City and close to Costa Rica. It boasts a diverse ecosystem with mangrove rainforests, and it's home to dolphins, nurse sharks, and sea turtles. 

Supplies are available in Isla Colon, the main urbanization, and a site that’s visited by local and international tourists, while Zapatilla Key, located nearby, is a well-known ecotourism destination. 

Buy An Island With Full Property Title

As of today, the island is just 48 acres of wilderness waiting to be discovered. Nothing has been built yet, which constitutes an unbelievable potential, so that you can construct whatever you want. A full titled property has the unique benefit of providing freedom, which you can use to build a home to your own taste, like Johnny Depp did, or for building luxury facilities and enjoy them like Shakira and her friends. 

Furthermore, the waters around the island can't be owned by anyone, which adds to the value of the place as a truly secluded spot.

Billionaire Private Islands For Sale: The Costs And The Purposes

Billionaire private islands for sale can cost up to 100,000 million, depending on the quality, style, and size of the facilities, and how easy access is.

On the other hand, we have very cheap options that entail much work and massive investments. Luckily, there’s a third option inserted in Bocas del Toro’s beautiful settings, a nice middle point between both ends of the equation.

With that said, it's clear that there's no need to look for billionaire private islands for sale because for a few million*, it's possible to obtain a100% titled island, totally wild, close to important capitals, and in one of the most beautiful sceneries in the whole Caribbean.

*Note: Accurate information on the price of the island will be given only through formal consultations. 

Disclaimer: The information published here about the island, its potential, and its costs may not be 100% accurate. Before making any type of investment, the reader should conduct all necessary research, assess risks, and consult with certified professionals. This article doesn't constitute investment or legal advice.

Buy A Private Island That Will Be 100% Yours

The island is sold as a private titled property and not under a concession agreement. This gives the investors assurance that, when they buy a private island, they will have complete control over how to use it, without time limitations. 

By analyzing the average private island cost around the world and through famous examples, we can more easily understand the advantages of the object of our interest and how much we are willing to spend. 

While buying an island like Bonds Cay cost several million, it also provided the owners with all the comforts they need without any additional investments. On the other hand, if you go for the island we are introducing in Mundo, the land is still untamed and available for whatever construction the owner decides. In both cases, they are close to urbanized areas and can be accessed by boat in a matter of minutes. 

How Can Mundo Help You

At the moment, we are the sole promoters of the said island; therefore, the only opportunity will be through us. Besides, we can help you open bank accounts, establish companies and trusts, and buy real estate; all this across several jurisdictions like Panama, Greece, the UK, Nevis, and the US. Get in touch to find out more.

Obtain more information