Have you ever wanted to live on your own private island? Who hasn’t?
And now you can too!
The largest private island in the Bahamas, St. Andrews, also called Little Ragged Island, is up for sale to the highest bidder.
Bonus: it’s around 30 acres larger than Copperfield’s Musha Island in the Bahamas, so if you buy it you can tell the magic man to go suck it.
According to Mansion Global…
The 730-acre undeveloped island, which includes deep-water access and space for large ships to pull up, hits the digital auction block on March 26 without reserve, meaning there’s no minimum opening bid, according to Concierge Auctions, which is handling the sale as one of five tropical properties set to be auctioned in the coming weeks. It was most recently listed for sale for $19.5 million.
Demand for private islands and island properties has increased significantly over the course of the pandemic, as ultra-high-net-worth individuals continue to work remotely, and many island nations maintain enviably low infection rates.
“We are seeing a significant increase in both buyer and seller interest in these kinds of top tier tropical destinations over the past year,” said Laura Brady, CEO and co-founder of Concierge. “It’s clear that now is the time to find your personal paradise, and even build it.”
This isn’t the first time Little Ragged Island has been up for sale.
Back in January of 2020, Damianos Sotheby’s Int. Realty listed the island at $31 million, so $19.5 million seems like quite a bargain.
Little Ragged Island is the largest private island in the Bahamas with 720 acres made up of beautiful beaches, sand bars, 50 ft. elevations, and deep water access. Located 222 miles southeast of the capital, Nassau, the Ragged Island chain is just 139 miles north of Cuba. Little Ragged Island is perfectly situated for development with deep water access on the eastern side.
There’s just one problem. There is a $100,000 bidder deposit required just to get in on the auction.