The Real Cost of Owning a Private Island

You can spend your money on innumerable luxuries, such as superyachts, limited-edition supercars, and imperial mansions. But owning a private island is the epitome of luxury living. The island comes with exclusivity, privacy, and rental value. Scarcity drives value and status, and owning an island makes you a member of a very exclusive club. It will offer you a tranquil environment with spanning views of the ocean and the skies above, where you can escape from the daily grind. But what is the actual cost of owning a private island?

There are numerous private islands around the world, from remote eco-outposts to small islands spanning a few acres and luxurious islands in Seychelles. But owning one requires deep pockets and the purchase cost is just the beginning.

Today's video will look into the real costs of owning a private island. Let's dive in.