When you think of a holiday, lying in a hammock on a remote island is an image that springs to mind for most people. So why not make this dream come true for around the same price as a university degree?
According to HSBC, the average cost of a university degree in Australia is a very large $38,000 per year. If you do a standard three year degree, that’s $114,000. These prices are only rising with time, which begs the question: is the cost worth the result? Why not pool your savings to buy an island instead?
Instead of purchasing a university degree, approximately this amount of money could grant you ownership of one of eighteen different islands around the world. You could buy your very own island and live the dream in paradise. You could become the next Instagram sensation with your own luxurious island life to send out to the social media world. In these days of crippling rental costs and unlikely home ownership, doesn’t owning an island sound like the best solution?
If you’re looking for an alternative to university, or you just have some extra cash to spend on the ideal holiday getaway, scroll through these inexpensive but beautiful islands that could be all yours.
Whispering Trees Island, Nova Scotia, Canada
Price: $49, 686
Size: 3.66 acres321
Why buy it: In the middle of a pristine lake, this island has forest, bays and beaches which make the ideal destination for outdoors enthusiasts.
Sweet Island, British Columbia, Canada
Price: $94,724
Size: 3.30 acres
Why buy it: The island is an outdoor enthusiast’s dream, with many fishing, swimming, boating and hunting opportunities.
Hollpoint Island, Nova Scotia, Canada
Price: $64,721
Size: 6 acres
Why buy it: This picturesque island has a variety of coves, natural beaches and woodland, which makes it the ideal retreat for nature lovers.
Forbes Island
Price: $74,678
Size: 3.85
Why buy it: This beautifully wooded island is situated in the middle of unspoiled natural surroundings, yet it is still accessible.
Round Island, Nova Scotia, Canada
Price: $77,665
Size: 2.68 acres
Why buy it: This small island is situated on a idyllic lake and is very accessible from the nearby popular holiday destinations.
Little Rocky Island, Nova Scotia, Canada
Price: $97.579
Size: 7.7 acres
Why buy it: This sheltered island has a picturesque natural beach and the perfect location for a quaint holiday cottage.
Inishbigger Island, Ireland
Price: $103,225
Size: 13 acres
Why buy it: The undeveloped island is only 200 metres from the mainland, and the passage can be walked at low tide.
La Cornelia Island, Nicaragua
Price: $116,943
Size: 1 acre
Why buy it: The beautiful island is undeveloped and has many fruit trees, including mango trees.
Krotterroy Island, Norway
Price: $118,193
Size: 12.4 acres
Why buy it: The coastal island is located in the charismatic rural area of the Norwegian coast, and can be accessed by foot most of the time.
Naomi Island, New York, USA
Price: $129,513
Size: 5 acres
Why buy it: Naomi Island is nicely wooded and lies halfway between New York City and Albany in the Hudson River.
Hangover Island, Florida, USA
Price: $155,924
Size: 40 acres
Why buy it: The manatees will migrate past the island and wildlife and fish populations abound, so the nature watching would be incredible.
Echo Island, Nova Scotia, Canada
Price: $162,459
Size: 5 acres
Why buy it: The remote island, which has a cosy cabin on it, is situated in the middle of a large unpolluted lake.
Berrien Springs Island, Michigan, USA
Price: $162,421
Size: 3 acres
Why buy it: The island boasts an abundance of wildlife and beautiful scenery, as well as two cosy cabins.
Leader Island, Nova Scotia, Canada
Price: $164,001
Size: 11 acres
Why buy it: The island is an undeveloped gem with it’s own cove in an idyllic area of Nova Scotia.
Isla Esmeralda
Price: $188,408
Size: 3.7 acres
Why buy it: This gorgeous half-island on the river is located in a booming area close to amenities so it would make an excellent personal holiday home or a resort development.
Jones Island, Canada
Price: $193,877
Size: 54 acres
Why buy it: This island is actually three separate islands connected by dunes, and it is very close to many beautiful white sand beaches.
Loon Island, Wisconsin, USA
Price: $193,605
Size: 4 acres
Why buy it: Loon Island is surrounded by swimming frontage and offers wonderful tranquil views.
Lake Nipissing Island C-905, Ontario, Canada
Price: $197,795
Size: 1.25 acres
Why buy it: The private island is situated in a sheltered bay and has a renovated and cosy three-bedroom cottage.
So head online and get searching for these fabulous bargains! You could be rubbing elbows with Richard Branson before you know it.
