For a mere 360,000 dollars you can buy this small 2.5 acre Caribbean Island which includes the following:(click image to enlarge)

1. Price includes:
2. A furnished 2 bedroom reinforced concrete Guest House (North side) equipped with an electric power plant (generator), a septic system, a water system (water well, water tower etc). Has a refrigerator, gas for cooking, 2 double beds, tables, chairs, etc.
3. A GLOBALSTAR satelite phone service exist on the island.
4. Interenet service can be provided with that phone
5. A small concrete caretaker house (east side).
6. A 23 feet fiberglass speed boat with a 75HP Yamaha
7. An Infinite pool with panoramic views
8. A cement pier (dock) on the West side
9. Island has a nice white sand beach

Other relevant information

• The Nicaraguan Government is very supportive of any tourist activity in the area and gives the investor a 10 year 100% income tax exemption along with a permission to import free from taxes all goods related to your small or big tourist operation.
• We have a caretaker and his son that stay on the island. They are employees and have no squatter rights. They keep the area clean, cut the grass etc. The future owner decides if he wants to keep them, change them with others or let them go.
  The combined salary of the caretakers including their food is a total of only $350 per month.
• The Nicaragua Navy also patrols around the area. That provides security and establishes the importance of the area as a favorite spot for Eco tourism or private residency in the Caribbean coast of Nicaragua.
• The Nicaraguan Government is very supportive of any tourist activity in the area and gives the investor a 10 year 100% income tax exemption along with a permission to import free from taxes all goods related to your small or big tourist operation.

A good deal more information and pictures can be found here.