Want to buy an Island?

[Steve]

Want to buy an island? Isla de sa Ferradura - Spain $39.7 million This 14-acre island lies just off the northern coast of Ibiza, in the bay of San Miguel. Edged by dramatic cliffs, the resort island is dominated by a luxurious white hacienda. It features a large salon, home theater, professional kitchen, dining room that seats 14 and several terraces, including a revolving one overlooking the swimming pool. The pool has its own waterfall and bar. There is also a cave complex built to house a whirlpool, solarium, steam bath and other amenities. Ferradura can be reached by boat, or helicopter.

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Island now this is cool. They have actually already made one of these that I know of

[Steve]

Those are incredible. It is interesting to see them try to create a more diverse investment portfolio. They know oil money won't last forever and are jumping on the idea of real estate. I wonder how it will work out for them.

Did you see who is also involved in this? Donald Trump.

The Palm Trump International Hotel and Tower, also referred to as Trump Tower Dubai, will be the luxury centerpiece building of the Palm Golden Mile, located on the trunk of the Palm Jumeirah. Shaped like an opening tulip, the gold condo-apartment hotel will have five hundred 1, 2, and 3 bedroom apartments and penthouses, each with a sea view and access to five-star amenities.

The Palm Trump International Hotel and Tower will be a 50-storey building, rising 360 meters (1,181 feet) high. The development will also include a selection of high-end boutiques, fine dining, signature roof top restaurants, bars, swimming pools, and a luxurious spa and health club. The AED 1.46 billion (US$ 400 million) hotel will be the first joint venture between Al Nakheel and The Trump Organization, who's president and chairman is Donald Trump.