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Private Caribbean island is on sale for less than the average US house

A five-acre retreat, the private Caribbean island has its own three-bedroom property, observation tower and dock – and there's even room for a helipad.

Published on May 4, 2023 at 4:48PM (UTC+4)

Last updated on May 9, 2023 at 3:01AM (UTC+4)

Edited by Kate Bain
Private Caribbean island - Iguana Island

If you dream of quitting your job and living in paradise, there’s no fantasy more enticing than the idea of owning your own private Caribbean island.

The crazy thing is, it’s entirely possible – even if you’re not a millionaire.

Buying a private island is no longer something for the rich and famous, as this listing shows.

READ MORE! Private jet trip takes you round the world in 22 days with epic itinerary

You too could have your very own slice of paradise on Iguana Island.

The private Caribbean island, listed by Private Islands Inc., sits 12 miles (19 kilometers) off the coast of Bluefields, Nicaragua.

Clear blue-green water dominates sight lines in all directions, and the region’s spectacular sunrises and sunsets make the views all the more dramatic at daybreak and nightfall.

The five-acre retreat, cloaked in coconut palms and banana trees for maximum privacy, even has its own house.

The three-bedroom, two-bathroom property comes with a wraparound porch, dining room, bar and living area.

Then there’s additional accommodations for staff on the other side of the island.

According to the Private Islands Inc., the current longtime staff of Iguana Island – including an on-site manager and caretakers – are willing to stay on with the new owner.

There’s even a boardwalk meandering around the property, so you can take leisurely strolls among the foliage, home to migrating butterflies.

A 28-foot observation tower means you can gaze across the ocean to the rainforests in the distance, too.

The listing states there’s ample room to add a swimming pool, although a refreshing dip is as simple as wading into the sea on the calm west side of the island near the dock.

Snapper, mackerel and barracuda can all be caught from the island’s dock, or you can venture offshore to catch tuna, billfish and wahoo.

There’s also plenty of tropical fish to admire with either a snorkel or some scuba gear.

It’s a 45-minute trip via plane to Bluefields, where one can easily catch a boat to Iguana Island.

The listing states the private Caribbean island has an area suitable for building a helipad, though, which would further reduce transit time.

Private Caribbean island cost

So, how much will Iguana Island set you back?

The private Caribbean island could be yours for only $475,000 – basically, less than the average US house.

What’s more , Nicaragua doesn’t tax foreign-sourced income and has a low cost of living.

Happy days.

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