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Private Island For Sale – Only $320 Million

Posted on 06. Jan, 2009 by Zach in Homes, Lifestyle

Do you have $326 million in your pocket?  If so, you may be interested in this beautiful private island for sale situated 300 metres from the coast of Lisbon – oh, and as for the sticker shock – don’t worry, this private island is sure not to disappoint.

A proposal has been made to create a golf resort. This signature golf course would have a series of high end luxury residential units integrated along a series of lakes and canals. The Island will have the possibility to house a small marina and at least 1 luxury hotel and spa. Negotiations for prospective developments are in early stages and therefore the project can be modified very easily. It is clear that both central and local governments are keen to see the Island developed. Portugal planning law allows for projects of National Interest to be fast tracked and our enquiries confirm that this project will qualify for such approval.

This is a beautiful, unique Island situated 300 metres from the coast of Lisbon at its nearest point. The Island is situated just 5km away from Lisbon harbour and just 6km away from the Lisbon International Airport.

Hey, you know what they say – you have to pay to play.  This is the ultimate purchase for someone with deep pockets.

$326,000,000 USD

[Source:  Private Islands Online]

Tags: private island, real estate