Here are the 11 cheapest Greek islands for sale right now

Location: Ionian SeaDevelopment: Partially DevelopedSize: 1112.00 Acres / 4,500,000 square metres This partially developed island only has one building – the one you see in the picture. It does however have planning permission for someone to build on 20% of the island. Private Islands Online says in the prospectus that if the buyer can prove that it is a good investment to build more properties on the island, the Greek government is likely to grant further permission.Location: Ionian SeaDevelopment: Non-developedSize: 1335.00 acres / 5,400,000 square metres This is the largest private island for sale in Greece right now. The highest point on the island is 250 metres above sea level has around 4,000 Olive Trees and shrub and dwarf bushes. It is undeveloped but it does present an opportunity for someone to turn it in a luxury hotel resort.Location: ChoraDevelopment: Non-developedSize: 86.00 acres / 348,029 square metres This island is only half an hour a way, by speedboat, from Athens. A number of international developers are already showing an interest, according to Private Islands Online, due to the island's close proximity to the Greek capital.Location: Saronicos Gulf, near CorinthDevelopment: Non-developedSize: 300.00 Acres / 1,214,057 square metres St. Thomas Island is only 20 minutes away by water taxi from Corinth in Greece and only 45 minutes away from Athens. It is also part of the Diapori chain in the Saronicos Gulf, an area of Greece mythologized for the lush emerald beauty of its picturesque islands.Location: Ionian SeaDevelopment: Non-developedSize: 1235.00 acres / 4,997,868 Nafsika Island was recently sold but still features on the Private Islands Online website. This mountainous island is one of the last undeveloped spots within the Ionian Sea and has sheltered bays, three large natural harbours, and high vantage points with 360-degree views.Location: Aegean SeaDevelopment: Non-developedSize: 280.00 acres / 1,133,120 square metres This large property in the heart of the Aegean Sea has incredible transport links and is touted as a perfect place to set up facilities for sailing, diving and adventure sports. Private Islands Online points out that the island is between Folegandros and Sikinos, which are both only under 10 minutes away by speed boat. There is also a daily all-year round link with ferries to Piraeus from both islands. Location: Ionian SeaDevelopment: Non-developedSize: 43.50 acres / 176,000 square metres The island is owned by a private individual and was designated as a RAMSAR site, meaning it is a wetlands of international importance. This means the area is guaranteed to have a high level of privacy because commercial boats are restricted from sailing in the waters. Location: West of Cyclades, surrounded by the Aegean Sea Development: DevelopedSize: 47.44 acres / 191,182 square metres This island is just an hour from Athens by boat and is already inhabited with 20-25 picturesque small houses. It is also only leasehold, meaning that ground rent will be paid to the owner of the land. However, since it is developed, roads, building and local culture is already ready to be given a boost by land development. Location: DodekanisaDevelopment: Non-developedSize: 54.00 acres / 218,530 square metres This 54-acre island is in close proximity of the popular island of Marathos, in the Aegean Sea. Although the island is non-developed, Private Islands Online points out that the water can become drinkable with small filtration process and it is able to derive electricity from Marathos, which has an established power grid.Location: Echinades Group, Ionian SeaDevelopment: Partially DevelopedSize: 43.00 acres / 174,014 square metres This is dubbed the millionaires' playground by Private Islands Online due to its clear ownership by a private company that has approval to build 6 villas and permission to subdivide into 6 plots. The region is also touted as having idyllic conditions for water sports, sailing, fishing, deep sea diving and swimming. The Bonus is it costs less than than buying a house in some upmarket parts of London.Location: 10 minutes west of CorinthDevelopment: Non-developedSize: 95.00 acres / 384,451 square metres The owners may be looking for a quick sale because the island's price was recently slashed in half. It has some luxury properties on the island as well as fresh water, a road, and lots of olive trees.

Here are the 11 cheapest Greek islands for sale right now

11. Omfori Island – €50 million (£36 million, $55 million).

10. Dulichium Island – €40 million (£28.4 million, $44.1 million).

9. Northern Aegean Island – €35 million (£25.9 million, $38.6 million).

8. St. Thomas – €15 million (£10.7 million, $16.5 million).

7. Nafsika Island – €6.9 million (£4.9 million, $7.6 million).

6. Kardiotissa Island – €6.5 million (£4.6 million, $7.2 million).

5. Nissos Sofia – €5.5 million (£3.9 million, $6 million).

4. Kythnos Island parcel – €5 million (£3.6 million, $5.5 million).

3. Stroggilo Island – €4.5 million (£3.2 million, $5 million).

2. Isle of Gaia – €3 million (£2.1 million, $3.3 million).

1. Lihnari Peninsula – €3 million (£2.1 million, $3.3 million).