For sale: tropical islands at recession-friendly prices

Dreaming of a tropical paradise to call your own? Several Australian islands off the Great Barrier Reef are on sale, and thanks to the global recession, they’re cheaper than they used to be.

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.

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About Rashid Faridi

I am Rashid Aziz Faridi ,Writer, Teacher and a Voracious Reader.
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1 Response to For sale: tropical islands at recession-friendly prices

  1. Pingback: Posts about Real Estate Agency as of May 9, 2009

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