Tuesday, September 26, 2006

'Hat island' for sale at £40m

A two-mile-wide island in Fiji is for sale for $75 million (£39.5 million).

Vatu Vara island is claimed to be the most expensive freehold island in the world.

It is often nicknamed Hat Island because of its unusual shape — the top of its peak is flat because it was once at sea level. It is part of the Lau group of islands and its peak dominates the surrounding skyline. It is said to be one of the last four freehold islands to come on to the market in Fiji.

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