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Most Expensive Islands in the World

An elegant island hideaway gives one a feeling of complete relaxation – you are the master of your space, with no one to disturb you. Many can only dream of living on a private island, as the costs of owning any island listed in Forbes Most Expensive Islands in the World 2006 does not come cheap!

They're not just for the pathologically reclusive or tragically stranded. Private islands, with their bare beaches, 360-degree views and delicious solitude, are coveted by billionaires and celebrities alike.

"If you win the lottery, you buy a private island," says Cheyenne Morrison, broker for Coldwell Banker Morrison's Private Islands in Port Douglas, Australia. "Or if you become a tech mogul, that's what you do. You think, 'I'll buy a yacht. I'll buy a private island.'"

The main incentive to owning an entire island is pretty obvious: keyword "private." A huge margin of water serves as a far more effective barrier to the outside world than a stone wall, automatic gate or towering privet hedge. There are no noisy neighbors; no photographers may set foot on your beach without permission.

1. Isla de sa Ferradura Spain
$39.7 million (A$53 million, C$44.9 million, €32.99 million, £22.7 million, Rs1.8 billion)

Isla de sa Ferradura Spain

View the complete list after the jump.

2. Pakatoa Island New Zealand
$35 million (A$46.8 million, C$39.6 million, €29 million , £20 million , Rs1.5 billion)

Pakatoa Island New Zealand

3. Cerralvo Island Mexico
$35 million (A$46.8 million, C$39.6 million, €29 million , £20 million , Rs1.5 billion)

Cerralvo Island Mexico

4. Temptation Island Thailand
$30 million (A$40.1 million, C$33.9 million, €24.9 million, £17.1 million, Rs1.3 billion)

Temptation Island Thailand

5. Caritas Island Fairfield County, Conn.
$25 million plus (A$33.4 million, C$28.3 million, €20.8 million, £14.3 million, Rs1.1 billion)

Caritas Island Fairfield County, Conn

6. Allan Island Washington State
$25 million (A$33.4 million, C$28.3 million, €20.8 million, £14.3 million, Rs1.1 billion)

Allan Island Washington State

7. Grand Bogue Caye Belize
$25 million (A$33.4 million, C$28.3 million, €20.8 million, £14.3 million, Rs1.1 billion)

Grand Bogue Caye Belize

8. Blue Lagoon Fiji
$25 million (A$33.4 million, C$28.3 million, €20.8 million, £14.3 million, Rs1.1 billion)

Blue Lagoon Fiji

9. Thatch Cay U.S. Virgin Islands
$24 million (A$32.1 million, C$27.1 million, €19.9 million, £13.7 million, Rs1.1 billion)

Thatch Cay U.S. Virgin Islands

10. Isola Santo Stefano Italy
$24 million (A$32.3 million, C$27.3 million, €20 million, £13.9 million, Rs 1.1 billion)

Isola Santo Stefano Italy

11. Little Ragged Island Bahamas
$23.5 million (A$31.4 million, C$26.6 million, €19.5 million, £13.4 million, Rs1 billion)

Little Ragged Island Bahamas

12. Leaf Cay 2 Bahamas
$19 million (A$25.4 million, C$21.5 million, €15.8 million, £10.8 million, Rs839.5 million)

Leaf Cay 2 Bahamas

13. Coakley Cay Bahamas
$18.2 million (A$24.3 million, C$20.6 million, €15.1 million, £10.4 million, Rs804.2 million)

Coakley Cay Bahamas

14. Magic Island French Polynesia
$18 million (A$24.1 million, C$20.4 million, €15 million, £10.3 million, Rs797.3 million)

Magic Island French Polynesia
Source: The Private Islands
Images: PPZW
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These are some fantastic islands but you don't need a ton of cash to own an island. There are literally hundreds of islands currently for sale around the world at relatively cheaper prices. I must say the more expensive ones are more fun to look at though! I have a blog dedicated to private islands so if you are interested in learning more visit www.privateislandsblog.com

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