All posts in “International”

Wealthy buyers snap up ‘safe haven’ private islands to flee pandemic

Demand surges for private hideaways even as global economy goes into a deep recession

With its pristine beaches, coral reefs and 32 acres of lush tropical gardens, Fiji’s Mai Island could be the perfect place to hunker down and see out the coronavirus pandemic. And for a few million dollars it could be yours. The island, which has previously been on the market for just over $4m, is one of a host of offshore retreats being marketed to the super-rich as ideal spots to escape the ravages of Covid-19.

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This 32-Acre Private Fijian Island Is Going Up For Auction

And it’s even being offered without reserve.

There’s no doubt that a private stretch of land in the sapphire-blue pacific ocean has to remain one of the world’s most desirable places to set up your basecamp.

Land in the Island nation of Fiji is, as you could imagine, pretty hard to come by in fact, only 8% of the land in the country is available for freeholding. So when a full island of its own comes available on the market, it tends to make headlines. Now, one has indeed come up for auction, in the form of the 32-acre Mai Island, resting just off the coast of Fiji’s second-largest island, Vanua Levu.

Read the entire article by Brad Nash At GQ Australia HERE.

Say “Bula!” to your new private getaway

This isolated piece of paradise off the coast of Fiji is set to be auctioned off with no reserve.

Comprised of 32 lush acres, Mai Island is so remote it can only be reached by boat or plane. If you choose the former, the property’s northeast side offers deepwater anchorage to park your yacht or for those arriving by tender, they can drive up to the quarter-mile beach.

Read the full article on uncrate HERE.

An Entire Island in Fiji Is Up for Auction

Have you ever dreamed of owning a piece of paradise? Well, now is your chance as a private island in Fiji is up for auction with no minimum bid.

Mai Island, located near the island of Vanua Levu, is a stunning 32-acre property that offers everything you’d want in a tropical getaway. It boasts a quarter-mile of picturesque white-sand beaches, deepwater anchorage for yachts to easily moor, waterfalls, 100-year-old palm trees, stunning coral reefs to explore and a freshwater aquifer. And the structures built on-site are worthy of five-star hotel praise.

Read the entire article by Jordi Lippe-McGraw of Departures HERE.

Social Distancing Has Become Second Nature for Remote-Home Owners. “It’s The Biggest Luxury.”

Larry Claunch bought this 32-acre island in Fiji because he wanted a place that was secluded for his retirement home.

When he found a private island for sale in Fiji, “it just took my breath away,” said Mr. Claunch, a retired real-estate developer. He bought the roughly 32-acre island for about $1.5 million.

It took him a year to remodel the one-bedroom wooden bungalow on the island, transporting the lumber by boat. He now has a fast boat that can reach the town of Labasa in 1.5 hours, but when he first bought the island, “it was a two- or three-day thing to get groceries,” he said. So he’d supplement his diet with the fruit that grew wild on his property. “I lived many days on coconut and pineapple,” he recalled.

Single at the time, Mr. Claunch divided his time between Oregon and Fiji, spending months at a time on the island. He once lived there for an entire year. “It was very peaceful,” he said. “I never got lonely,” he said, in part because he employs caretakers, two couples who live full-time on the island in their own quarters.

As Fiji became more developed, his island has come to feel less remote. More roads have been built to the villages so getting groceries is easier. And about six years ago, cell service came to his little piece of paradise. Before that, he recalls typing emails on his BlackBerry, then hopping into his seaplane to fly high enough to send them.

Mr. Claunch planned to make the island his primary home, but that changed a few years ago when he fell in love and got married. Now that he and his wife have a 2-year-old daughter, they have decided to sell the island and relocate to Europe to be closer to his wife’s family.

Previously on the market for $4.2 million, the island is slated to be sold at auction by Platinum Luxury Auctions. Originally scheduled for May, the auction has been delayed by the pandemic and will likely take place in June, a spokesman for Platinum said.

Read the full article by Candace Taylor of the Wall Street Journal HERE.

Custom-Built 10-Bedroom Cabo San Lucas Home to Hit Auction Block

The Baja-style house is currently on the market for $6.7 million

Villa Searfoss, a cliffside luxury retreat in the tony Mexican resort town of Cabo San Lucas, will be auctioned on April 13 with no reserve, according to Platinum Luxury Auctions.

Trayor Lesnock, president of the Miami-based auctioneer, said the property in the chic Pedregal community has been on the market for several years.

It’s currently listed by Cindy Stanford of Engel & Völkers Snell Real Estate for $6.7 million.

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A Canadian Mansion Hits the Auction Block

Read the article by Sarah Tilton of the Wall Street journal here.

Magens Bay Luxury Real Estate Auction - St. Thomas USVI

Platinum Luxury Auctions Sells Magens Bay Estate For 3rd Highest Price in St. Thomas, USVI History!

Platinum Luxury Auctions is proud to announce the sale of a beachfront residence located in Magens Bay, on the island of St. Thomas, USVI. The property was sold as part of a direct negotiation, eliminating the need for the planned auction on June 13th. The buyer, who was part of Platinum’s global database, paid $6 million dollars for the estate, and closed on the transaction within 10 days. Continue Reading…