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Buy your own kingdom - it's the ultimate 'I have arrived' statement

Private islands are increasingly the pre-eminent prize property for wealthy buyers seeking privacy and prestige

Published Wed, Feb 11, 2015 · 09:50 PM
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New York

TALK about the ideal gated community - except that the gate is the surrounding waters.

Private islands account for a sliver of the real estate market, but they are increasingly the pre-eminent prize property for wealthy buyers seeking privacy and prestige.

Those were the findings of the latest Candy GPS Report, which focused on the island real estate buying habits of high-net-worth individuals around the world - those with more than US$30 million in assets. It ranked the top 20 island areas for real estate investment, including private islands.

Bermuda ranked first, and the Bahamas, British Virgin Islands and Antigua all appea…

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