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Here are the 11 cheapest Greek islands for sale right now

Lianna BrindedJul 14, 2015, 14:11 IST

Privateislandsonline.com

Greece has between 1,200 to 6,000 islands, according to a range of different estimates, and there is no definitive answer on how many the Greek government owns.

What we do know is that dozens of islands are up for sale and British property agent Knight Frank is predicting a "fire sale" of Greek privately owned islands over the next few years.

If the Greek government does become desperate, it can also hawk off some of its island assets to help raise the €50 billion (£36 billion, $55 billion) that is needed to appease its creditors.

On Private Islands Online, some islands are going for as little as €3 million (£2.1 million, $3.3 million) - that wouldn't even get you a house in an upmarket place in London like Chelsea.

Check out some of these beautiful islands that a could be easily bought by wealthy investors from Private Islands Online.