Thursday, May 7, 2009

Tropical islands for sale at recession prices

Posted By on Thu, May 7, 2009 at 10:03 AM

I've always wanted an Australian island of my own.

Global real estate agency Coldwell Banker's Capricorn Coast branch is offering 9 islands, some with luxury mansions and other amenities, around the Great Barrier Reef with prices starting at A$1.3 million ($962,000) and up to A$90 million ($67 million).

One island on offer, Long Island, has seen its A$6.5 million price tag slashed by 42 percent. Others are being advertised for almost half what they cost about a year ago.

Read the rest of this Reuters story here.

Tags: , ,

Pin It
Submit to Reddit


Subscribe to this thread:

Add a comment

Creative Loafing encourages a healthy discussion on its website from all sides of the conversation, but we reserve the right to delete any comments that detract from that. Violence, racism and personal attacks that go beyond the pale will not be tolerated.

Search Events
items in Creative Loafing Charlotte More in Creative Loafing Charlotte pool

© 2018 Womack Newspapers, Inc.
Powered by Foundation