Owning island property is considered by many to be a dream and only that. Most of us think of island living with private jets and luxury yachts. Nothing could be further from the truth.

It is true that island properties are bought and sold by the wealthy and super-rich. But there are actually hundreds of homes available that cost no more than the average home in the United States. 

Island Property Group has a long history of helping buyers and sellers with island property transactions. We have an in-depth knowledge of island real estate and can make the whole process an easy, efficient, and rewarding experience.

We have an incredible amount of homes on private islands listed between $200,000 and $300,000, many for even less! Take a look at some amazing locations with homes that are available right now in that price range.

  • New Providence, Bahamas

  • Hoopers Bay, Exuma & Exuma Cays

  • Coco House, Eleuthera

  • Love Shack Beach, Abaco

  • Turtle Reef Estates, Grand Bahama

Here are some tips and advice to help you get started. We want you to be confident and secure knowing that buying an island home is a dream you can achieve!

 

Location is key when buying island property.

The world has tons of islands scattered across it and there is one that is the perfect fit for you. It is best to narrow down your choices before calling your realtor. Some regions have limited selections of island property available, so be sure to have more than one in mind.

 

Decide on the kind of lifestyle you want for your island property.

Is this island home going to be a place you visit for the holidays? 

Maybe it will be just for the summer, or as a winter getaway. Maybe you are planning to retire to a quiet life of beachcombing and rum shack adventures. Or you might want to be part of the exciting nightlife that the islands have to offer.

Whether you want to explore the rain forests, jungles, or beaches or spend your days fishing makes a huge difference in what location will be best for you. Letting your realtor how you plan to spend your time on the island will help them find the perfect location.

 

Determine your budget.

Not all island properties and homes are for the super-rich. There are many affordable homes and communities scattered throughout the Caribbean. If you are a first-time buyer of island property, you should have a realtor help you.

Our real estate team can help you determine your budget. We can also help you get the financing you need to realize your dream.

 

Know the climate of the island property you want to move to.

After deciding the location of your dream island home, it’s best to look into the weather. While island life is full of sunshine and balmy days, there are also other things to consider. 

Look into the average rainfall in the area you plan to buy. If you plan to use your island property as a winter retreat, you should make sure it’s not during their rainy season. 

Also, look into the hurricane season. Does this area get affected frequently by tropical storms and hurricanes? 

If so, is the home you plan to buy protected, and how often does the island get hit with bad weather.

 

Stay on the island before you buy your home.

Make sure you “try it on to see if it fits”. You don’t want to find out after the fact that you chose the wrong location. There are so many different islands out there that you are bound to find the perfect location for your island property.

Spend at least a week, preferably more exploring the island. Get to know the locals and make sure you will be able to communicate without struggling.

Discover what types of local shopping are available, also you should definitely try the local cuisine. If you plan on doing a lot of fishing you should visit the local marina. Talk to the local tour guides to learn about the island and its hidden gems.


Please visit our site to see the incredible selection of island homes that we can offer you.

Posted by Mark Wood on
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