Buy now and save

 

Other than the possibility of a massive earthquake or ash from a nearby volcanic eruption, this sounds like a bargain.

Incredible untouched private island in Patagonia that is more than SEVEN TIMES the size of Manhattan goes on the market for a staggering $35 MILLION

This Daily Mail article didn't indicate exactly where the island is, but I found the website that's selling it, which does show right where it is.

Private Island In Chilean Patagonia

There's a map; this island doesn't currently have a name (if you buy it, you can name it), but it's next to Isla Humos, so I have a linked Google map here. The island for sale is the one directly to the east of Isla Humos.

I visually explored around the island a bit, and there are some interesting features. There are a few dry bare streambeds, like this one. I wonder what caused that? 

It's a very nice place (see below), if you can afford it. And if you can afford the trip to get there.  (And the volcano is more than 200 miles away. You'll be fine. Also, there are some volcanoes closer to the island;  Mentolat Volcano is a mere 80 miles up the coast.)