Many people dream about owning their own private island located in such areas as the Caribbean or the South Pacific.
If you are in position to purchase an island there are many good deals in the world as the real estate market has had a drastic dip in prices. You must be very careful as there are a lot of con men out there who would love to sell you an island the only problem is they don't own it. In many parts of the world a foreigner cannot buy land in that particular country another thing to be very careful about. To protect yourself you should make sure that any property you buy has a clear title and all the paperwork is translated into English by a translation company you choose. You should always use a reputable real estate agent or real estate lawyer from that particular region that you want to purchase. So good luck in looking for your tropical paradise just be careful that your dream doesn't in disaster.