GITNUX MARKETDATA REPORT 2024

Statistics About The Most Expensive Private Island

The most expensive private island sold in 2019 was Little Saint James in the US Virgin Islands for $22.5 million.

Statistic 1

"Musha Cay in the southern Bahamas, owned by David Copperfield, is reportedly worth $55 million."

Sources Icon

Statistic 2

"The Bahamas' Cave Cay is listed for $60 million."

Sources Icon

Statistic 3

"The global private island real estate market is valued at approximately $5 billion."

Sources Icon

Statistic 4

"Private islands close to major cities are generally more expensive."

Sources Icon

Statistic 5

"Necker Island, owned by Richard Branson, is valued at approximately $100 million."

Sources Icon

Statistic 6

"The private island market saw an increase in demand in 2020 due to the COVID-19 pandemic."

Sources Icon

Statistic 7

"Majority of private islands are located in the Caribbean and Bahamas."

Sources Icon

Statistic 8

"The average price of a private island can range from $1 million to over $100 million."

Sources Icon

Statistic 9

"Lanai Island in Hawaii, with an estimated value of $610 million, was purchased by Oracle co-founder Larry Ellison."

Sources Icon

Statistic 10

"60% of private island owners use the property for personal retreats and vacation homes."

Sources Icon

Statistic 11

"Pumpkin Key in Florida has an estimated value of $95 million."

Sources Icon

Statistic 12

"European and North American buyers dominate the private island market."

Sources Icon

Statistic 13

"The most common reason for purchasing a private island is exclusivity and privacy."

Sources Icon

Statistic 14

"The process of purchasing a private island involves complex legal and environmental assessments."

Sources Icon

Statistic 15

"Vatuvara Island in Fiji is listed for $155 million."

Sources Icon

Statistic 16

"The price per acre for private islands varies significantly based on location and development status."

Sources Icon

Statistic 17

"The cost of maintaining a private island can range from $150,000 to $500,000 annually."

Sources Icon

Statistic 18

"A luxury private island in Seychelles called Moyenne Island is estimated to cost $45 million."

Sources Icon

Statistic 19

"Private islands often appreciate in value over time due to their limited availability."

Sources Icon

Statistic 20

"James Island in Canada is listed for $75 million."

Sources Icon

... Before You Leave, Catch This! 🔥

Your next business insight is just a subscription away. Our newsletter The Week in Data delivers the freshest statistics and trends directly to you. Stay informed, stay ahead—subscribe now.

Sign up for our newsletter and become the navigator of tomorrow's trends. Equip your strategy with unparalleled insights!