You can splash out on fancy watches, flashy cars, luxury yachts, grand mansions, or even take to the skies in a private jet. But let’s face it, nothing screams ‘loaded’ quite like having your patch of paradise encircled by the ocean. The golden sands and sparkling waters at a spectacular five-star resort on an “Expensive Private Islands”.
The expensive private islands in isolated places are considered the crème de la crème. They have the ultimate secrecy, extraordinary activities, and exceptional service for those willing to pay the premium. In the lap of nature’s splendour, high-end resorts often find their place in prime spots, with extra perks like VIP treatment: luxury villas, spa treatments, personal chefs, and boat services.
Now that’s living the high life of “Good Times and Tan Lines“!
Splurging on an island is something other than your run-of-the-mill affair. Folks with the means to snag their slice of heaven likely won’t cut corners regarding amenities like transportation, lodging, or scenery.
Check out these ten most expensive private islands worth millions of dollars!
Lanai Islands, Hawaii – $610 Million
Lanai, the sixth largest gem in the Hawaiian islands group, tells quite the tale. Once celebrated as “Pineapple Island” for its lush pineapple fields, it skyrocketed to fame in 1992. That’s when a pineapple magnate splurged a jaw-dropping $600 million to make it his own.
This one is to date known as the most expensive private island in the world. This island isn’t just a standout in Hawaii; it’s also the cream of the crop among expensive private islands owned by billionaires worldwide.
Owned by Larry Ellison, the Oracle founder and fourth richest person worldwide according to Forbes, it stands as Hawaii’s ultimate private luxury islands. 98% of Lanai Island falls under his ownership, leaving a mere 2% in the hands of the State.
| Place | Hawaii |
| Area | 363 square km |
| Price | $610 Million |
| Owner | Larry Ellison |
| Open to Public | Yes |
There are, in total, three hotels to stay in on Lanai Island, including the two luxury Four Seasons resorts. All are operated under Larry Ellison, treating visitors like royalty. It displays the taste of local culture through the hotel’s lavish Polynesian art collection. The penthouse suite, boasting ocean views and luxurious amenities like a drop-down television, costs $21,000 per night. The lush surroundings add to the resort’s charm, including a botanical garden and koi ponds.
New Holland Island, Saint Petersburg – $400 Million
New Holland Island, named for its similarity to Amsterdam, is a man-made 18-acre marvel crafted by Peter the Great in the early 18th Century for timber storage and shipbuilding. It later became a naval stronghold for the Russian Navy, with one of its main structures, the Bottle House, serving as a former military jail.
In 2010, revamping New Holland Island was awarded to Millhouse LLC, steered by Russian magnate Roman Abramovich, who forked out a hefty $400 million for the privilege. Millhouse partnered with professionals from diverse cultural fields. They also invited the Iris Foundation, a non-profit dedicated to nurturing modern culture and art.
| Place | St. Petersburg |
| Area | 18 acres |
| Price | $400 Million |
| Owner | Roman Abramovich |
| Open to Public | Yes |
This triangular gem is situated near the Neva River and boasts a towering circular building that’s hard to miss. Reborn as a city within a city, restored classical façades now encircle a lush park and serene lake amidst the hustle and bustle of the city. The triangular island is home to several restaurants, breathing new life into its historic spaces.
Lisbon Island, Portugal – $310 Million
Lisbon Island, nestled in the heart of Portugal, holds immense potential for becoming a provisioned private getaway. Less accessible, these islands haven’t embraced resort-style tourism just yet. Despite government ownership, plans are afoot to transform it into a fully-equipped haven.
Lisbon Island is ripe for development, offering proximity to Portugal and vast spaces. The plan of crafting a golf course and upscale residences abound, making it a hotspot for commercial ventures. Over the years, its value has fluctuated, ranging from $350 million to $310 million. At this time it is one of the the most expensive islands available for sale.
| Place | Portugal |
| Area | 3000 acres |
| Price | $310 Million |
| Owner | – |
| Open to Public | Yes |
This paradise promises adventures, among all the islands owned by Portugal. From thrilling water sports to refined indulgences like luxury spas, exclusive golfing experiences, or a blend of both. These islands can become a bustling tourist resort, a haven for wildlife, an untouched natural paradise or anything. It’s just a matter of time before a consortium of buyers transforms this expensive private island into an unparalleled beauty.
Skorpios Island, Greece – $150 – $200 Million
Skorpios, an expensive private island in the Ionian Sea, sits just east of Lefkada, Greece. This island has a famous history. Going back in time, only five people lived there in 2011. Administratively, it’s part of Meganisi Municipality.
It’s where Jacqueline Kennedy married Aristotle Onassis in 1968. Some of its beaches are sandy, especially East Beach, which Onassis himself made. Thanks to Onassis, who brought over 200 species, it’s covered in trees!
Then, in 2013, billionaire businessman Dmitry Rybolovleva bought it from Onassis’s granddaughter for a whopping $153 million.
| Place | Greece |
| Area | 205 acres |
| Price | $200 Million |
| Owner | Ekaterina Robyloleva |
| Open to Public | Yes |
By 2024, big plans for Skorpios Island will cost around $200 million. The island’s transformation into a luxury destination includes the addition of a 5-star hotel, villas, a farm, a vineyard, a spa, a sports complex, a lake, a massive harbour, a theatre, and a helipad. The island’s water comes from a mountain on a nearby island, worth about 100 million euros.
Rang Yai Island, Thailand – $160 Million
Nestled in a lush green rainforest within a Thai archipelago, Rang Yai Island stands tall as one of the most coveted. Despite its seemingly modest size, this island packs a punch regarding amenities. It offers all the comforts of modern living with its freshwater source, electric generator, and mobile signal. Rangyai Island shares a sibling bond with The Village, Coconut Island across the bay as a bonus.
| Place | Thailand |
| Area | 110 acres |
| Price | $160 Million |
| Owner | – |
| Open to Public | Yes |
The prime location between Phuket, Krabi, and Phangna ensures breathtaking panoramic views from every angle. Situated among a cluster of bustling islands, Rang Yai boasts unparalleled transportation links, making it a prime spot for development opportunities. Just a quick 20-minute flight to Phuket or a 10-minute boat ride to the nearest town; accessibility is just the tip of the iceberg.
Vatu Vara Island, Fiji – $155 Million
This island is an immaculate paradise blanketed in dense forest atop Karst limestone. Its shores boast white sandy beaches nestled within a sheltered lagoon, inaccessible by deep-water passage. The surrounding coral reefs teem with diverse marine life, preserved in scenic magnificence.
Dubbed the crown jewel of Fiji, this island is a sight to behold. The Vatu Vara Islands may come with a hefty price tag of $155 million, but they offer unparalleled beauty and value. The buyer acquires four islands in the northern Lau group of Fiji and gains ownership of the Vatu Vara Foundation (a local charitable trust dedicated to marine conservation). A caretaker resides here, ensuring its upkeep, with sustainable features like solar power and rainwater harvesting.
| Place | Fiji |
| Area | 1200 acres |
| Price | $155 Million |
| Owner | – |
| Open to Public | Yes |
The Vatuvara Private Island ensemble comprises Vatuvara, Kanacea, Karibu, and Adavaci Islands. You can enjoy their luxury services in various Vatuvara private island resorts.
- Kanacea Island, the largest, boasts seven volcanic summits, pristine beaches, and lush foliage.
- Karibu Island is home to the luxurious Vatuvara private island resort, which features luxurious villas.
- Adavaci Island, though the smallest at 102 acres, still boasts pristine beaches and lush gardens.
Musha Cay Islands, Bahamas – $150 Million
Musha Cay is a beacon of luxurious and elite retreats tucked away in the stunning Exuma Chain of the southern Bahamas. Owned by the famed illusionist David Copperfield, this paradise offers an escape.
Musha Cay Island is a collection of 11 tiny islets meticulously designed by Howard Holtzman and purchased for $50 million in 2005. Surrounded by three smaller islands, it ensures utmost privacy for its guests. With space for just one group of up to 24 people, each of the five guest houses boasts a private beach and swimming pool.
| Place | Bahamas |
| Area | 700 acres |
| Price | $150 Million |
| Owner | David Copperfield |
| Open to Public | Yes |
But Musha Cay isn’t just about relaxation—it’s also a playground for adventure seekers. From snorkelling and diving to fishing, sailing, and water sports, there’s no shortage of activities to enjoy. The island offers quests, treasure hunts, and a state-of-the-art fitness centre, tennis court, and movie theatre for those seeking a touch of magic. All this splendour can be yours for a heavenly $32,250 per night!!
Necker Island, British Virgin Islands – $100 Million
Necker Island sits about 5.9 kilometres north of Virgin Gorda, between Prickly Pear Island and Mosquito Island (Moskito Island). These British Virgin Islands (BVI) lie around 1,815 kilometres southeast of Miami, Florida. Named after 17th-century Dutch squadron captain Jonathan de Neckere, this island was deserted until the late 20th Century.
Part of the Virgin Limited Edition collection of luxurious properties, this island is exclusively owned by Sir Richard Branson, head of the Virgin Group. Despite the ownership, its value is pegged at $100 million.
| Place | British Virgin Island |
| Area | 74 acres |
| Price | $100 Million |
| Owner | Richard Branson |
| Open to Public | Yes |
Necker Island is renowned for its stunning beaches and lavish lodging. Sought after by celebrities, it boasts crystalline waters, sandy shores —an idyllic escape from the humdrum of daily life. If you want to host an extravagant soirée, this swanky resort can host up to 40 guests for a thrilling getaway. Nacker Island promises a laid-back and exotic retreat to rejuvenate your weary mind and soul.
Ronde Island, Grenada – $100 Millions
Ronde Island ranks among the world’s priciest private islands, commanding a worth of $100 million. Despite its undeveloped state, the price tag remains astronomical and being on the market since 2007, it still awaits a buyer.
The surrounding waters boast exceptional clarity (crystal clear water), offering visibility up to 100 feet. The Ronde Island is an ideal setting for a range of beach activities. Its expansive quartz crystal-adorned cave system will capture affluent buyers’ hearts.
| Place | Grenada |
| Area | 2000 acres |
| Price | $100 Million |
| Owner | – |
| Open to Public | Yes |
Whether snorkelling, beachside barbecues, or forest strolls, Ronde Island offers a many delights to savour. In the island’s southern reaches, fishermen have carved out a path from the beach, inviting exploration from anchored vessels. As night falls, the beach comes alive with a mesmerizing display of fireflies dancing among the trees. These luxurious amenities befitting a billionaire lifestyle earn Ronde Island the distinction of being the third most valuable island globally.
Islas Cayonetas, Panama – $100 Million
In 2017, Cayonetas Island in Panama set the bar at a staggering $100 million. It comprises three expensive private islands—Bayonetta, Cañas, and La Caida— valued at $33.3 million each. These islands fill the coral archipelago, just a half-hour jaunt from Panama City, the country’s bustling capital.
With over 50 turtle-dotted beaches and 30 kilometres of pristine coastline, Islas Cayonetas epitomizes luxury living amidst the natural environment. The buyer confines themselves to utilizing only 30% of the territory, earmarking it for eco-friendly development while safeguarding most of the untouched environment.
| Place | Panama |
| Area | 1749 acres |
| Price | $100 Million |
| Owner | – |
| Open to Public | Yes |
Islas Cayonetas represents an opportunity for visionary investors poised to leave an indelible mark on the world stage. A strategic partnership with Pangea World promises a groundbreaking venture and luxury tourism with scientific exploration. This way the new owner gains access to a network of experts and leaders. This catapults them into the global spotlight as a pioneer in the intersection of tourism, science, and diplomacy.
Expensive Private Islands Where Fortune Rests
From the moment you set foot on this majestic island, it transports you to a world of unmatched extravagance. Luxurious villas with panoramic ocean views, infinity pools that blend seamlessly with the horizon, and personalized butler service ensure that every detail of your stay is beyond compare. Embark on a culinary journey with world-class dining options that tantalize your taste, from delectable seafood to gourmet international cuisine.
Sand and sea aren’t all they have. These beaches offer something special than ultimate exclusivity; they create experiences tailored to individual preferences. While they may be unattainable for most, the beauty of the ocean remains invaluable and accessible to everyone. There, it is the most expensive private islands globally.
If money were no object, which option would you prefer to own?
