UNDEVELOPED PRIVATE ISLAND IN BAHAMAS UP FOR SALE WITH NO MINIMUM BID
Have you ever dreamed of owning your very own island like some of the billionaires out there do? Well, maybe this is your once-in-a-lifetime chance to own a private island in the Atlantic.
The Little Ragged Island in the Bahamas has been listed for sale at an auction with no minimum bid. The beautiful island features undeveloped forested hills and pristine white sand beaches, which stretch across 730 acres. Little Ragged Island, also known as St Andrew's, is both the southernmost and expansive private island currently available for purchase in the Bahamas region.
Despite the island's remote location, access to it is relatively straightforward. The airport at Duncan Town is just a 10km boat ride away.
The US real estate company, Concierge Auctions, who are handling the sale, describes the island in the southern Bahamas as an "opportunity of a lifetime".
The company also explained that the island is surrounded by "azure ocean waters and fringed with pristine white sand beaches". The elevation of the island also varies from "sea level to a hilly 40 feet".
Even though the property is currently listed at $19.5m, any bid is welcome for the auction. To take part in the bidding process, one only has to pay a $100,000 bidder deposit. The auction will take start on 26 March and close on 31 March 2021. The real estate company states that the island presents infinite possibilities. "The eastern side of the island features deep water access, perfect for large ships to pull up, making it truly ideal for development and construction."
"A perfect blank canvas of rolling hills, lignum vitae trees, and calm warm waters beg to be painted with your dream project. A picturesque private residential settlement, a crown jewel of a tropical estate, with miles of private beaches to wander. Or, a boutique resort with more than enough acreage left to add an entire 18-hole golf course."
Not only would you have a luxury island, but "fresh spring drinking water can be found across the island," as well as great spots for fishing and watersports.
Concierge Auctions added that: "St Andrew's presents a haven for avid fishermen, with flats that are unparalleled for world-class bone-fishing. Grouper, snapper, barracuda, tuna, and kingfish aplenty swim the gorgeous reefs and warm waters beyond the island's sandy beachfront. Spectacular snorkelling and sailing are favoured local activities".