What a listing to get. A "country" that is only 550 square meters, Sealand, is being listed for 997 million dollars. But the grapevine says that anything over 8 figures, that's $10,000,000, might be acceptable. A Spanish company has the listing. It's not a very fancy listing presentation. I wonder if they are using a discount broker? You know, you get what you pay for.
I couldn't find what they are offering for a buyer's agent split. I sure hope they didn't get cheap and make it less than 3%. It's going to be a tough show since it's out in the ocean and you'll need a helicopter to show it. Here's a bit of history from the website.
The Principality of Sealand is the smallest independent state in the world. It is located on an abandoned WWII anti-aircraft platform seven miles off the coast of England. Founded in the late 1960s by debonair entrepreneur Paddy Roy Bates, the country has enjoyed peace and solidarity for nearly 40 years now. They have their own government, flag, currency, stamps, passports, national anthem, and even national defense. E Mare Libertas chronicles the queer history of Sealand and its self appointed royals through its years of pirate radio broadcasting, a hostile takeover by German terrorists, and the establishment of a web based data haven.
I have no idea whether they will place it in a MLS. I did not find it on www.WorldProperties.com . But if they are really willing to consider $10,000,000 I would suggest they use the range pricing technique in order to not miss out on country buyers who have a top limit of $10,000,000. Being listed at $997,000,000 will make it invisible to many country buyers out there.
Maybe I'll try to get the listing when it expires.
Tim - How did you stumble across this little gem?! Although I lived in London for years - I have never heard of Sealand until now - interesting websites to check out. Thanks!
That would be the ultimate place to get away.
Lance Wells