How to purchase the island
Process of purchase of the island is in many respects similar to purchase of the house, only the price, of course, far higher. When you choose the house, you check the general state, the base, whether damp in it and whether there are termites. Purchase of the island in something is similar, but in this case you should pay attention to the far bigger list of features. Besides, in most cases the buyer of the island has no previous experience on which it can build the opinion, and emotional preferences begin to play an important role. But, taking into account what amount of money you will have to spend for purchase of the private island, crucially that you realized the following problems:
1. Determine the price. It is obvious that the more your budget, the is more than opportunities to purchase the best island, but some people have too unreal expectations concerning what they are able to afford. It is better to spend as much as possible for purchase even if you should wait then some time to collect the necessary amount on further development of the island. Economy in the short term means that you will get the island of the worst quality and as soon as you purchased it and began development, you have no way back any more. It is better to receive more attractive island, than to save money.
2. Choose arrangement. The location of the island is one of key factors for most of buyers. It is very important that you well thought over this moment before purchase. You not just buy the island, you buy its area. What does the island suitable is an available infrastructure. Some islands are located near continental settlements that it is good because there you can receive goods and services, to employ labor power and so on. But, on the other hand, then the island will lack a privacy. Besides, remote islands will give you a privacy, but due to easy availability. The island in the middle of the ocean will hardly be able to brag of beautiful views, and on the islands located in gulfs there will be both a shelter, and beautiful view. Besides, remote islands will be more subject to bad weather conditions and strong sea disorders.
3. Make sure that on the island there is a reliable source of water. Water – the most important element of life on the island and also the second major factor influencing the choice of the island. Usually, the island is less, the it is less than water and vice versa if only the island not rocky (even big rocky islands have problems with water). On each island there are several methods of receiving fresh water. Make sure that ground water level is rather high to dig out a well. If such well already exists, perform its inspection to be convinced that it is reliable. It can be done by pumping of water from a well to look how many minutes will be required that it was filled again. However, bad water supply – not such a big factor in tropics because the good tank for rain water will be able to supply you with enough the water collected during a rainy season. The tank can be also replenished and from a well that will prevent drying of the well and damage of ground waters of the island. Learn an annual amount of precipitation. The amount of water necessary for full-time residence on the island makes about 100 centimeters a year. Modern technologies also come to the help: the desalination installations suitable for the usual house, cost about 20 thousand dollars now. It is also necessary to take into consideration that if your island is located rather close to a water source on the continent or on other larger island, then you will be able to lay on water several kilometers length if water between the island and a source not too deep.
4. Choose the island with desirable climate. Islands can be divided into three climatic types: moderate, Mediterranean and tropical. Generally tropical islands are located between the Tropic of Capricorn and Cancer. The Mediterranean islands can be considered those which are in areas with high temperatures and a low amount of precipitation that is characteristic of islands of the Mediterranean Sea (The Canary Islands, Bermuda, the Bahamas and so on). Islands with a temperate climate generally are in areas where it is usually cold: in northern Europe, Canada and North America. You shall think properly over what climate you prefer. Each of them has pluses and minuses and while many people love tropics, others consider a heat and humidity the oppressing factors. Someone can consider the island with a temperate climate hell on the earth, but someone likes change of seasons and a variety which they introduce. It is obvious that the Mediterranean climate is the best balance of a heat without heavy rains and humidity of tropics. Always keep in mind that in the first day when you arrive to the island, there can be weather, atypical for it (both good, and bad). You shall ask local people, in particular fishermen. Islands in the ocean can be exposed to flooding, storm, a drought, seasonal tidal fluctuations and strong currents. Islands in lakes are least of all subject to problems, but water level around them can change on seasons if the lake is partitioned by a dam. Islands in the rivers are subject to flooding and a drought. Talk to local authorities and ask them about the highest and low level in the river. It is quite good to communicate to local also. The islands located in gulfs and mouths of the rivers are inclined to tidal variations, besides, access to such islands can become complicated during an outflow. Islands outside continents are also inclined to usual tidal variations and most all are subject to dangerous weather conditions.
5. Check availability of the island. Availability – one of the main factors in the choice of the island and directly depends on to what discomfort at a trip and lasting ways you are ready to reconcile. It also depends on what experience you have in movement on sea vessels, and is how comfortable to you to move on the ocean on vessels to the island on which it is impossible to get any different way. Time of a way on the vessel depends on the type of vessel, its engine and, of course, seasonal weather conditions. If you treat that type of people who not too like to travel, you will find out that the closer the island is to the city on the continent, the more it usually costs.
6. Be defined how you will develop the island. The style of development of the island is very important when you choose what type of the island to purchase.
Small islands. For example, if you want only the small house for spending vacation with family, then to you there will be enough island of 1-5 hectares.
Average islands. If you want the big mansion and there can be several additional cottages for your friends, then it is the best of all to purchase the island of 5-10 hectares.
Big islands. If you are going to create the small resort, then you need the island at least 10-15 hectares. If you conceived to open the resort of big scale, then you shall consider islands with an area at least of 15-20 hectares and you need at least 6-10 hectares of the flat earth for construction. On average, you can count what on development of the island will be required 30% more, than for similar development on the continent. The cost of construction will be more expensive as all materials and workers shall be transported on the island.
7. Pay attention to an opportunity to anchor. Anchoring depends on hardness and stability of the soil. Choose the island with good anchoring because without it it can be almost impossible to land on the island. Or that it is even worse, you can get stuck on the island without an opportunity to departure from it. If you have no experience in control of the sea vessel, learn from the captain who will bring you to the island, it is how easy to come to it to anchor there.
8. Learn island topography. Islands vary from ideally flat islands in the Caribbean style to rocky and mountain. The most part of islands not flat, and on those which are called continental islands are only the small site of the flat earth. Generally the area of the flat site on the continental island is about 10-12% of the total area of the island, and it shall be taken into account when you plan further development of the island.
9. Learn what there beaches. Learn where they are located. In most cases beaches make only some part of the island. Islands with 360 degrees of beaches are very rare. What means that the location of beaches is very important. First, the beach, as a rule, is located in the counter party from the dominating winds that provides the anchor parking protected from them. Most of people also prefer to have the beach overlooking the West that they had an opportunity from the beach to admire declines. But if it is not available, then on the island there can be, for example, a hill from which beautiful views of a decline open. And though the beach overlooking the West seems ideal, it is necessary to remember that the decline lasts only half an hour in day therefore it shall not be the defining factor upon purchase. Quality of sand - one more factor which is usually important for buyers. The quality of sand depends on two factors: from, as far as it small and white. Fine sand is more important than its color – perhaps, it not so beautifully looks, but is pleasantly felt under legs, and it is one of the main pleasures on the island – to have an opportunity to walk barefoot on the beach. It is also important to consider how small or deep water at the beach and as far as it corresponds to your preferences.
10. Analyse the existing infrastructure. The island with buildings on it most likely will demand the inspector who will be on the island on a permanent basis and will water plants and to keep houses clean. Construction of infrastructure on the island can be more costly, than similar construction on the continent. Many islands were not affected by construction yet – they are completely natural, untouched and have no infrastructure, in this case it is necessary to think of the capacity of the island. But if on the island there is already infrastructure, like the residence or the resort, then it is worth studying in detail quality of this infrastructure before purchase. If you buy the island with infrastructure, then be convinced that buildings have all necessary permissions from the state, and whenever possible ask the independent architect or the builder to give objective value assessment and qualities of buildings, and at the same time learn whether repair is necessary.
11. Employ inspectors. The good inspector is the most important that you can make to protect such large investment. As the island is isolated, it is difficult to protect it, you not on the place so far. The most modern owners of islands employ the inspector on a permanent basis while others pay local fishermen that they glanced, whether all there as it should be. The inspector will watch that in the territory of property strangers did not visit and also will look after buildings and the equipment. It is especially important in tropics when heavy rains can become the reason of serious damages for very short term. If you are on the island, then the inspector can also act as the gardener, the general worker and to receive parcels for you from the continent. Will be good option if you employ couple of inspectors for this work.
12. Check the systems of providing. It is very important to pay attention to availability/absence and a condition of communications when you buy the island. The island is separated from the continent therefore communications are very important, both for security and emergency situations, and for everyday household life. Seldom happens that on the island there are such usual things as city water, electricity, phone lines or even acceptance of a signal of the satellite. https://btc-invest.ru Therefore development of the island, most likely, will include installation of all these systems.
13. Never ignore the rights of land ownership. Define the rights of the owner. In some countries of the property right to the island extend only to a mark of level of high water, and beaches below it belong to the state. In general, it means that you own the island, but you cannot build anything below this mark and beaches can not belong to you. When you buy the island in others country, you should employ the lawyer to carry out a complete inspection of island documentation. During inspection learn who lives on the island and whether they have legitimate right to be there. Squatters can become this problem therefore it is very important that they left the island before the bargain is concluded.
Purchase of the island is an emotional decision therefore it is so easy for people to fall in love with some island and to forget about practicality of its acquisition. If you want to purchase the island, specialists of the AWAY REALTY company will help you to understand all features of this process and will find the most suitable object worldwide.
