It’s the summer of 1967, and The Beatles decide, as you do, to buy
a group of Greek Islands.
They hired a yacht with 24 berths and an eight man crew, including
the captain, a chef and two stewards. They were taken around the
islands south of Athens. After island hopping, relaxing and
dropping acid, they were taken to the island they wanted to buy.
The National Archives in England has documents which state that
the main island was Aegos, Konstadinos, Greece; it was grouped
with five smaller unnamed islands. There were five uninhabited
fishermen’s cottages, 300,000 square metres of farming land, olive
trees, beaches and rocks. The price was £86,914, which in 2021
was equivalent to £1,354,120. Unfortunately there is no concrete
evidence to say that any such islands existed.
Before they could make the purchase, they had to buy special
export dollars and then apply to the Greek government to buy the
property. Clearance for the purchase was given eventually, but by
then the drug-induced haze had worn off and they had changed
their minds!!! The dollars were sold back and had increased in
value in the meantime, so the group made a profit of £11,400
(equivalent to £177,612 in 2021).
Once upon a time the Beatles nearly bought a Greek Island
The Beatles in Greece July 1967