Tiny UK island with under 1,000 residents so rich it’s known as ‘Millionaire’s Isle’ – and Brits can get there for £2.80

THERE are countless stunning islands located just off the coast of Scotland.

Located 30 minutes from mainland Shetland, one island has earned itself the nickname “The Millionaire’s Isle”.

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The tiny island of Whalsay in Shetland, Scotland has been nicknamed ‘The Millionaire’s Isle’ (stock image)[/caption]

Whalsay was given this title due to its abundance of wealthy residents.

In fact, this tiny island has the highest number of millionaires per capita in the UK, though you wouldn’t think it looking around the area – as all of the money is made from fish.

The remote location, which is also known as “The Bonnie Isle”, only has a population of 1,000 people.

It owes most of its prosperity to its thriving fishing industry, with enormous trawlers located at Symbister Harbour, and most locals working in the whitefish, pelagic, or shellfish sectors.

The booming business means fishermen only have to work a quarter of the year to meet their quotas.

These are not the brash millionaire types who like to flash their designer labels and huge 10-bed mansions though.

Those living here opt for a quieter lifestyle, with only one pub on the island, the Oot Ower Lounge.

And as the venue, which which over looks the Loch of Huxter, is only open Fridays through Sundays, many locals opt to spend their nights at the local Boating Club.

And for just £2.80, you can hop on a ferry at Laxo on mainland Shetland and arrive on Whalsay within half an hour.

The isle is the sixth biggest of the Shetland Islands, which welcome around 80,000 visitors every year.

Whalsay has been inhabited for over 4,000 years, and its connection to the sea goes back just as far.

A key attraction is the Hanseatic Booth, a museum dedicated to the powerful trading network that spanned northern and central Europe for more than 500 years.

Symbister House, an impressive 19th-century mansion overlooking the harbour, also proves popular with visitors.

And during the summer months, tourists can enjoy Skaw Golf Course, the UK’s most northerly 18-hole green.

It offers stunning coastal views, where you can often spot porpoises and occasionally dolphins, minke whales, and orcas.

As one of the best places in Scotland for sightings, the Vikings named the area Hvals-øy – the island of whales.

The island hosts the “Whalsay Summer Days” week in July, which coincides with the local regatta.

As well as offering sailing lessons to newcomers, the festivities include an eela – a rod-fishing competition – followed by a celebration at the boating club.

Foodies will also enjoy the island, with local businesses known for their homemade chutney and fudge.

And weather permitting, you can enjoy these treats during a picnic at one of the many scenic walks and locations.

During warm summer days, Hammister Beach provides a perfect sunbathing spot.

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Tourists can visit Whalsay for just £2.80 by taking a 30 minute ferry from Laxo (stock image)[/caption]

There are also white sandy beaches, including Sandwick Beach and Beach at the Golf Course.

And if you’re not one for sitting still, their are plenty of caves and lagoons to be explored.

During winter months, those in Whalsay can enjoy terrific views of the Northern Lights, known in the area as “Mirrie Dancers”.

According to Shetland.org, the best time for viewing is from mid-October to mid-March.

For those planning on staying overnight, it is recommended that you book ahead.

The island only has one B&B available, the Auld Manse, which is located in a refurbished 1600s building.

It also contains a café, serving local fish and chips, as well as freshly made cakes.

The Aarirvhouse Café and Tearooms is the only other option, providing a creative hub for artists, the business offers hot and cold meals, home-made bakes, and milkshakes.

Here’s another UK island which you can only visit by kayak.