The current euromillions media campaign trades on the fantasy notion of a lucky Irish winner buying an island and ultimately moving an entire village to a tropical paradise. But it mightn’t even take such a lucrative win to make such a leap. This week a Balearic island 200m off the coast of Menorca has been marketed asking £3.5million or around €4million.
Illa den Colom forms part of Albufera des Grau’s natural park, which covers 58 hectares about 10 minutes from the Menorcan capital of Mahon. Home to a Catalan family for decades, the price has been reduced from an initial asking of £6 million (€6.8m).
The island has two sweeping beaches, a sandy southern coastline and a contrasting rugged, northern area where cliffs rise above the sea. The main family home and surrounding outhouses have fallen into disrepair, and would need further investment. Yet for €4 million in a reasonably accessible part of Spain, it doesn't sound half attractive.
For the same money in Ireland you could buy Palermo, a four-bed on Killiney Hill with its own mews and some sea views. Or there's the former Dublin pied a terre of the late Northern Irish business tycoon Edward Haughey – a lavishly refurbished four-bed Georgian on Fitzwilliam Square.
Dreaming is free.
