• News
  • Film and TV
  • Music
  • Tech
  • Features
  • Celebrity
  • Politics
  • Weird
  • Community
  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • LADbible
  • SPORTbible
  • GAMINGbible
  • Tyla
  • UNILAD Tech
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Threads
TikTok
YouTube
Submit Your Content
You can buy this private island for a fraction more than average price of a US home

Home> News

Published 16:46 16 Jun 2023 GMT+1

You can buy this private island for a fraction more than average price of a US home

Iguana Island is a tropical paradise, and can be yours for around as much as the average US home

Tom Wood

Tom Wood

If you want an escape from the hustle and bustle of modern life, but aren’t some sort of billionaire, you might be interested to learn that there’s an island paradise for sale not far off the average cost of a US home.

It’s got all of the trappings of a private island, apart from the Richard Branson price-tag.

The island is called Iguana Island – so don’t go if you’re afraid of lizards, presumably – and it lies off the coast of Nicaragua.

Advert

The island is currently on the market for $475,000 (£391,000) and you do get a fair bit for that.

There’s a house on the island, which is a relief, and it has three bedrooms, two bathrooms, a living room, dining room, and bar area.

Iguana Island.
Private Islands Inc.

Not bad at all, especially at that price.

Advert

Fox News reports that the median cost of a home in the USA during the second quarter of 2022 was $440,300, according to the Federal Reserve Bank of St Louis.

To be honest, that’s still not cheap, but it is affordable for people who are outside the super-rich, which is what we’re getting at here.

For a three bedroom, two bathroom house with a bar that isn’t on a private island but is in – let’s say – California, you’d pay significantly more.

As well as the house, on the island you get a 28-foot observation tower, as well as a dock and boardwalks around the island.

Advert

According to the seller – Private Islands Inc. – there is also scope to expand, with a swimming pool or – if you like – a helipad.

Here's the house on the island.
Private Islands Inc.
Can you picture yourself enjoying a cold one here?
Private Islands Inc

For nature lovers, the island is home to lush green vegetation including palm trees and banana trees, as well as being a hotspot for migrating butterflies.

Advert

A true tropical paradise in that regard, at least.

Oh, and it’s got cellphone and internet coverage as well, which is essential.

So, why is this island so cheap?

According to the listing on Private Islands: “Due to a death in the family, the current owner has Iguana Island on the market at a reduced rate and all reasonable offers will be taken into consideration.”

Advert

The listing explains: “The sound of the Caribbean Sea lapping against the shoreline provides the daily soundtrack on Iguana Island, a volcanic island 12 miles off the coast of Bluefields, Nicaragua.

“Clear blue-green water dominates sight lines in all directions, and the region’s spectacular sunrises and sunsets make the views all the more dramatic at daybreak and nightfall.

“This five-acre retreat, cloaked in coconut palms and banana trees for maximum privacy, combines a turnkey, freehold property with a very affordable price tag – something rarely found in a tropical setting this close to the United States.”

It's a great deal, considering how nice it looks.
Private Islands Inc.

Advert

It continues: “There is ample room to add a swimming pool, but a refreshing dip is as simple as wading into the sea on the calm west side of the island near the dock.

“This part of Nicaragua earns raves for its fishing, and anglers can cast off the dock for snapper, mackerel and barracuda, venture offshore for tuna, billfish and wahoo or delve into the virgin jungle rivers of the mainland to pursue trophy-size tarpon and snook.

“Abundant tropical fish on the surrounding reefs will appeal to snorkeling and scuba enthusiasts.

“With its well-maintained infrastructure and small monthly maintenance fees, Iguana Island easily could be reimagined into a retreat for an organization or transformed into a source of rental income with more competitive rates than other island areas of Nicaragua.

Advert

“It could also provide a safe, idyllic place to retire – on a much smaller budget than you’d find on comparable tropical islands.”

Well, if you’ve got that kind of money lying around, and want to get away from the rat race, you could DEFINITELY do worse.

Featured Image Credit: Private Islands Inc.

Topics: World News, Travel

Tom Wood
Tom Wood

Tom Wood is a LADbible journalist and Twin Peaks enthusiast. Despite having a career in football cut short by a chronic lack of talent, he managed to obtain degrees from both the University of London and Salford. According to his French teacher, at the weekend he mostly likes to play football and go to the park with his brother. Contact Tom on [email protected]

X

@TPWagwim

Advert

Advert

Advert

  • 24-year-old student buys his own private island with girlfriend for 'less than a house deposit'
  • Man visits 'world's most densely populated island' with a width smaller than a soccer field and what he saw shocked him
  • Richard Branson bought $6,000,000 private island for tiny fraction of price after 'joke' accidentally paid off
  • Trump signs order officially banning people from these 12 countries entering the US

Choose your content:

an hour ago
2 hours ago
  • an hour ago

    Police claim they've solved 1980 cold case murder after first suspect wrongly spent 20 years in prison

    Katharina Reitz Brow was murdered in 1980 after being stabbed multiple times

    News
  • an hour ago

    Everything we know about 'Ozempic penis' as more men speak out out on their experience with it

    Ozempic penis is a top search online, and there's a reason for it

    News
  • an hour ago

    Everyone's saying the same thing after seeing how many people actually attended Trump's $45,000,000 parade

    Donald Trump attended the military parade for his 79th birthday

    News
  • 2 hours ago

    Chilling audio of emergency call reveals new details after two Democratic lawmakers were shot in their homes

    Lawmakers Melissa Hortman and John Hoffman were attacked on June 14 by a man who opposed abortion rights

    News