For anyone who has ever dreamed of exchanging city life for their own island paradise, a rare opportunity has arisen—and it is much closer than the Caribbean. Mali Kosmać, located in the Šibenik Archipelago on Croatia's Dalmatian coast, is currently listed for sale at €700,000 (£603,377). This small slice of paradise is the smallest property on the Croatian private island market, yet its asking price is lower than that of a terraced house in London.
A Rare Opportunity at a Bargain Price
According to property portal Rightmove, most homes sold in the capital over the past year were flats, with an average sale price of £513,624, while terraced properties sold for an average of £775,447. Situated about 250 metres from the mainland and around 22 kilometres west of Split Airport, Mali Kosmać offers seclusion without complete isolation. The island itself covers roughly 1.2 acres and, unlike many larger islands marketed as luxury development opportunities, it remains entirely undeveloped. It is flat and covered in dense macchia shrubland, a typical Mediterranean vegetation consisting of hardy shrubs and low-growing plants. Rocky shores surround much of the island, making boat access somewhat challenging depending on the weather.
Construction Restrictions and Agricultural Use
While Mali Kosmać provides privacy and stunning coastal views, there is one major catch. Local planning rules do not permit any construction on the land, meaning buyers cannot build homes, hotels, or other structures. The island is currently suitable only for farming and agricultural activity. Despite its small size and developmental restrictions, Mali Kosmać offers a rare chance to own a private island in one of Europe's most popular coastal regions. Following a very short boat ride, it is just an hour's drive from Split Airport. Its proximity to Split, Croatia's second-largest city and the largest urban centre in the Dalmatian region, provides convenient access to international transport links, restaurants, cultural attractions, and essential services.
Alternative Island Options
If you are willing to venture further from the UK for a new life on a tropical island, there are other options on the market. Bikini Caye in Belize is currently listed for $600,000 (£445,491), offering a rare chance to acquire solid land within one of the planet's most sought-after marine ecosystems. Covering 0.39 acres along the Belize Barrier Reef, this undeveloped private island stands out from typical palm-fringed cays. Its dense pine vegetation provides a unique mainland-meets-maritime atmosphere, and its ground is high and dry, offering a stable foundation for immediate development—whether a stylish eco-villa or a humble fishing lodge. A sportsman's paradise, the island is also a stone's throw from the South Water Caye Marine Reserve, a 17,875-acre protected area with some of the best fishing and snorkelling spots in the region. Right at your doorstep, you can explore vibrant coral reefs or hunt for bonefish and tarpon across the shallow flats.
Connectivity and Amenities
The island is perfectly positioned for those seeking seclusion as well as connections to the mainland, as it is situated nine to 12 miles off the coast of Dangriga town, also known as the Culture Capital of Belize. Formerly called Stann Creek Town, Dangriga is home to nearly 10,000 residents, with plenty of shopping centres, convenience stores, eateries, and an airport close to the shore. The mainland can be reached via a scenic 45-minute boat ride, where you can easily stock up on supplies, access medical care, or connect to your flight. Bikini Caye is also within easy reach of other island havens, including the popular Thatch Caye, the luxuriously sustainable Coco Plum Caye, and the rustic Tobacco Caye.
The majority of properties sold in London during the last year were flats, selling for an average of £513,624, according to Rightmove—so perhaps a new life in the tropics does not seem like a bad idea after all. For more details, you can check out Hesed Realty Belize, where the island is currently listed.
