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Island dreams come true: Buy your own island for little money!
Farhad Vladi, successful island broker, sells islands worldwide from small car prices. Geopolitics influences the market.
Island dreams come true: Buy your own island for little money!
Anyone who thinks that an island is only for the super rich is seriously mistaken. Farhad Vladi, an 80-year-old geographer and one of the most sought-after island brokers in the world, shows that it is possible to own your own island for the price of a small car. “I can sell you an island for a small mid-range car,” Vladi said in an interview. The start of his career began when the young geographer himself dreamed of buying an island. Today he has brokered over 3,000 islands and currently has 91 islands for sale, including Vawa Island in Fiji, which is available for $15 million. Other offers can be found worldwide, from Australia to Sweden.
Vladi's approach is simple: he asks potential buyers two crucial questions - geographical preferences and budget. He also recommends renting an island first to test out the environment. “The additional costs of owning and maintaining an island can be around 5,000 euros per year,” he explains. In addition to taxes, there are also costs for maintenance and possibly an administrator. If you're looking for a cheap island, you can find it for as little as 100,000 to 200,000 euros - that's a real bargain compared to condominiums in major German cities, says Vladi. He has prominent customers like Nicolas Cage and Cristiano Ronaldo who trust his advice and afford their dream islands.
Geopolitics and the private island market
It has repeatedly been shown that geopolitical tensions influence the market for private islands. In times of crisis, people look for safe places to retreat. Vladi emphasizes that buying islands can also be viewed as an investment, as they always remain valuable due to their scarcity. Some countries prohibit foreigners from purchasing islands, which further regulates the market. Vladi also avoids countries that he classifies as “banana republics” in order to offer his customer base a positive image.
The real estate industry in Austria is currently showing keen interest in luxury properties, despite the current uncertainties caused by customs wars and stock market fluctuations. While some experts such as Peter Marschall express concerns that private buyers are less inclined to purchase luxury properties in uncertain times, there are also positive voices reporting a trend back to “concrete gold”.
According to Florian Hofer, falling interest rates and political stability in Germany and Austria are factors that increase confidence in real estate as a form of investment. This could also stimulate the market for private islands - a development that could show that the desire for individual retreats, be it in the form of a luxurious condominium island or a handy holiday home, remains very popular.
In summary, it turns out that owning your own island is not as utopian as often assumed. With his tireless commitment and experience, Farhad Vladi has not only opened up a new market, but also ensured that the dream of having your own island becomes within reach for many.