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Many Canadians realized a year ago that they would be spending at least the next few months at home due to the fallout from COVID-19, so they started making improvements. Some renovated their home offices or kitchens. Others bought new homes with larger floor plans and more outdoor space. But a select deep-pocketed few decided to go a little further in their quest for pandemic comfort: they bought entire landmasses.
Brokers who specialize in private island real estate say 2020 was a banner year for sales, as moneyed buyers began considering the advantages of owning property that doesn’t have any land borders with the rest of the world.
Buying a private island has become the latest property craze
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Buying a private island has become the latest property craze
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