Welcome to the Island Auction of "Buena Vista" in Panama!

This beautiful island may soon be yours! Take part in our auction and bid on an island that you can completely develop yourself!

Interested in finally owning your own private island? Please check out the auction details below.

Good luck bidding!
The Team at Vladi Private Islands

Auction Key Facts

Island: Buena Vista, Panama

Bidding Period: 01.08.2019 - 01.09.2019

Starting Price: USD 250,000

Download: Lawyers proof of title

Download: Architects letter of confirmation


Buena Vista at a glance

Buena Vista offers fantastic views of the Pacific Ocean. It has exceptional vegetation and a beautiful white-yellow sandy beach. Buena Vista is an untouched subtropical dream. This 17-acre (68,799 m²) island can now be yours.

It is located next to the large island of Isla del Rey with beach access on low tides. There are no coastal roads on this part of Isla del Rey. Access by boat is via the small town of San Miguel on the Northern tip of Isla del Rey or via the hotel island of Contadora.

Current Bids

Bid: USD 850,000
Date: 10.08.2019, 10:25 o'clock

Bid: USD 550,000
Date: 09.08.2019, 14:11 o'clock

Bid: USD 470,000
Date: 06.08.2019, 19:55 o'clock

Bid: USD 325,000
Date: 03.08.2019, 08:19 o'clock

Bid: USD 250,000
Date: 01.08.2019, 22:05 o'clock

After-Sale-Service

We want that you are satisfied!

We will gladly accept your personal wishes, plan and organize the development of your island together with you.



Auction - How it works

Where and how will be auctioned?

This auction is not a live internet auction. Prospective buyers can place bids within the respective bidding period, and thus for a limited time, and if necessary, also increase them. The bids can only be submitted by email or via the form at the bottom of this website.

The place of jurisdiction is Germany.

How do I know that an auction is taking place?

If you have registered for our newsletter on our website www.vladi-private-islands.de, you will receive an invitation by email approx. 2-4 weeks before the auction. All unregistered customers can see the auction dates on our homepage.

Who can come to the preview? Who can bid?

An inspection is possible after arrangement. Basically all persons from 18 years can bid. If you would like to bid at our auction, all customers must first register with their identity card or driving licence. Please send a copy of your ID document to the Hamburg notary Dr. Malte Ivo with the email: auction@vladi.de.

You can bid as a private person or as the owner or representative of a company, association or institution. Each bidder is personally liable for the auction and the payment of the invoice. Representatives of a company, association or institution prove their actions on behalf of the company by presenting a Power of Attorney.

Please send this Power of Attorney to the Hamburg notary Dr. Malte Ivo by email: auction@vladi.de.

How can I bid at the auction?

Via written bid!

Since our auction is not a live internet auction, you can place a written bid during the respective bidding period via our online form at www.vladi-private-islands.de or by email to auction@vladi.de The written bid is the highest bid of the bidder and is known only to the notary Dr. Malte Ivo from Hamburg and named employees of Vladi Private Islands. The email sent with the bid or the form sent with the bid will be sent directly to the Hamburg notary Dr. Malte Ivo as well as to the company Vladi Private Islands GmbH in Hamburg.

Bids are binding and cannot be withdrawn.

You should always set your own limit. Written bids can be placed in any amount (cent amounts are not taken into account).

What does "the starting price" mean?

The “starting price” is the price at which the bidding process begins. The starting price is non-binding and can be adjusted by the notary/VPI if necessary.

What is a limit? What does it mean when the auctioneer/notary auctions an object "under reserve"?

The limit is the minimum price that has to be bid in order to win the auction. If the object is knocked down below the agreed minimum price / limit, the auction is "subject to reservation". If the bid is accepted subject to reservation, the highest bidder is bound to his bid for the duration of the period set by the notary. During this period, the notary checks whether the property is released by the Client at this lower knockdown. The bid expires if the bidder does not receive the unconditional knockdown within this period.

The transfer of the object can only take place after this agreement has been reached.

What additional costs will arise?

A) - Notary costs of the auction????
    - Auction premium (the current commission for the auction house)???

B) Other costs that arise from the purchase of the property:
1) Real estate transfer tax
2) Property tax
3) Notary costs

Hammer price - What does that mean?

The hammer price is the net price, on which an auction premium of ???% is levied.
VAT is levied on the hammer price and on the auction premium at the rate applicable at the time of hammering.

How much time after the auction do I have to pay for the property?

A deposit of EUR 1,000.00 is due immediately after the knockdown. The highest bidder pays 10% to the notarial escrow account (WHEN????) and then pays the total amount of the property in 4, 6 or 8 weeks, as desired.

According to §355 BGB the buyer has a right of withdrawal within 14 days.

The payment is made via a notary's escrow account. In the case of an agreed direct payment, the buyer makes the payment as soon as he/she has received a so-called "due date notification" from the notary.(????)

Auction - Bid by form

Many thanks for your interest! Please fill out the form completely, this is the only way to ensure that your bid can be considered. Your bid will be forwarded directly to the Hamburg notary Dr. Ivo. A copy will be sent to Vladi Private Islands GmbH.
You will of course be informed whether you have been awarded the contract or not.

Please take note! This information will be treated as private and will not be forwarded. Your details will not be used for any mailing campaign nor for any other advertising purposes.

Auction form

I agree to the processing of my data in accordance with the Vladi Private Islands Privacy Policy. *

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Auction - Bid by email

If you would like to send us your bid by email, please enter the following information:

Title / First name / Last name / Your Age / Your E-Mail / Phone / Street / Zip / City / Country / Subject: Auction Buena Vista / Your bid / Your Feedback

This is the only way to ensure that your bid can be considered. Your bid will be send directly to the Hamburg notary Dr. Ivo. A copy will be sent to Vladi Private Islands GmbH.

Please use this email: auction(at)vladi.de

You will of course be informed whether you have been awarded the contract or not.

Please take note! This information will be treated as private and will not be forwarded. Your details will not be used for any mailing campaign nor for any other advertising purposes.

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