First off, I saw this thing about “116 cheap houses for sale in the Cayman Islands.” Totally different place, obviously. Cayman Islands is all sunshine and rum punch, I think? Never been, but that’s the vibe I get. And Herm Island? It’s in the Channel Islands, which sounds… fancier, maybe? Colder, definitely.
Now, about Herm being “cheap.” LOL. The article I glanced at said the *lease* (big difference, right?) is up for grabs for £15 million. Fifteen *million* pounds! That’s, um, a lot of fish and chips. So, yeah, “cheap” is definitely not the word I’d use. Unless you’re, like, Jeff Bezos or something. Then maybe it *is* cheap. Perspective, innit?
Plus, it’s a lease! Not owning the actual island, just borrowing it for (well, there’s only 16 years left). Kinda like renting a really, REALLY big flat. You’d have to factor in how many years are remaining on that lease. I probably wouldn’t get into that. So, it’s not exactly buying a “property”, right? More like buying the right to *run* a property. Big difference.
So, is Herm Island property for sale cheap? Nah, mate. Not even close. Unless you’re already rolling in it. In which case, why are you even reading this? Go buy the island already!
