FORGET buying a house in the UK – you could own an entire private island for the same price.
Starting from just £51k, you could own anything from a five-acre island in Central America to 12 acres in Canada.
A UK property boom has seen prices increase by 7.6 per cent since November 2020, the fastest growth rate since June 2016.
London flats are now the. most expensive, costing £758,000 on average for a two-bedroom apartment.
However, there are also 201 private islands for sale around the world for the same price or for less.
Even in Birmingham which has some of the cheapest two-bed flats on average at £185,000, has 42 private islands which cost less.
Here are some of the best island you can buy instead of a UK property.
Half Island, Nova Scotia, Canada – £51,539
For £185,000, you can buy a two-bed flat in Birmingham – or for a third or that, a Canadian island.
Located one mile from the mainland, Half Island in Canada is the biggest bargain for just $65,000 (£51,539).
The six-acre private island has an air-stream campervan left behind for the owner to use, with the are popular for boating and sailing.
Gillis Island, Prince Edward Island, Canada – £87,219
The average two bed flat in Manchester is £227,000 – but for a third of that, you can get an even bigger private island in Canada.
The 12-acre Gillis Island remains relatively untouched since it was first discovered in 1750.
It is a 30-minute boat ride from the mainland which is close to a championship golf course, making it an ideal base for family camping.
It will set you back just $110,000 (£87,219).
Beachfront Parcel, Southern Long Caye, Belize, Central America – £118,935
Edinburgh isn't the cheapest city with the average two-bed flat costing £243,000.
Or, half the price of that is a six-acre private island in Belize in Central America.
Costing $150,000 (£118,935), the Beachfront Parcel island faces the Barrier Reef.
There is enough coastline to go fishing, but is also just 30 minute boat ride from Dangriga Town with restaurants.
Bensley Island, Georgian Bay, Ontario, Canada – £237,870
Living by the sea isn't cheap in the UK, with average two-bed flats in Brighton costing around £323,000.
For $300,000 (£237,870), a cool £100,000 less, you can have 12 acres of private island and coastline in Canada instead.
Bensley Island in Ontario is the easiest to access, being just seven minutes from the mainland.
It even has warm waters surrounding the island for open water swimming.
Howard Island, Michigan, USA – £313,196
Two-bed flats in Cambridge will set you back £346,000 on average, while a private island in the US is just $395,000 (£313,196).
While the smallest of the islands, the two-acre Howard Island is located in Michigan.
It also has the most amenities already on the land – the main cottage has 2 bedrooms, with large windows looking out the bay, along with a quaint guest cottage in the woods which sleeps 4.
If you fancy heading over the borders, it is just 12 miles from the Canadian border.
Treasure Caye, Belize, Central America – £515,385
The highest in the UK, an average two-bed flat in London has reached highs of £758,000.
Save £200,000 and you can still buy nearly five acres of private island in Central America.
Costing $650,000 (£515,385), Treasure Caye is also near Dangriga Town with a short boat ride.
There is deep water around the coast, meaning you can dock large boats there easily.
Or, you can buy entire Spanish villages for less than the price of a flat in London – including a 6-house hamlet for £369k.
If you want to splash the cash further, then El Mortorio in Asturias is for sale for £1.6m which has 12 properties and room for expansion.
Here are some amazing private islands you can rent, including one in Italy.
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