Island type

Leasehold Private Islands for Sale

In much of the South Pacific, Southeast Asia and the Indian Ocean, long-term leasehold is the normal way to hold an island. Underlying land may belong to customary owners, a community or the state, and the lease grants exclusive use for a defined period under agreed conditions.

Leasehold is not a lesser form of ownership by default. Many long-established resorts operate on leases. What matters is the remaining term, how renewal works, what rent reviews look like, and whether the relationship with the underlying owners is documented and healthy.

Limestone private island for sale in the Philippines with emerald water

Who this suits

  • Buyers focused on regions where freehold is unavailable to foreigners
  • Investors with a defined project horizon rather than perpetual ownership plans
  • Resort operators who are comfortable underwriting a lease-based asset
  • Buyers willing to trade tenure certainty for location quality

Where to find them

  • Fiji and Vanuatu, where customary land is leased on long terms
  • Maldives, where resort islands are held on government leases
  • Indonesia and the Philippines, through lease and use-right structures
  • French Polynesia, where communal ownership is common
  • Parts of Africa and the Indian Ocean under concession arrangements

Key considerations

  • Confirm the exact remaining term and whether renewal is a right or a negotiation
  • Understand rent review mechanics and any indexation
  • Check consent requirements for assignment, mortgage and subletting
  • Review development or operating obligations written into the lease
  • Identify who the underlying owners are and how decisions are made

Infrastructure

  • Improvements may revert to the landowner at lease end, which affects investment planning
  • Financing can be harder and typically requires a term comfortably longer than the loan
  • Insurance and capital planning should be aligned with the lease horizon

Ownership notes

  • Leases are often registered, and registration status is a key diligence point.
  • Some jurisdictions require government approval for lease transfers to foreign parties.
  • Community relationships can be as important in practice as the written document.

Countries to consider

Related guides

Frequently asked questions

How long are island leases usually?

Terms vary widely by jurisdiction and asset. What matters is whether the remaining term supports your intended use, financing and eventual resale.

Can a leasehold island be resold?

Generally yes, though consent from the landowner or a government body is often required, and the remaining term strongly affects value.

Other island types

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