As long as it is 75 feet back from the "ordinary high water line" and complies with 126 pages of local zoning rules and several hundred pages of proprietary building codes included by reference.
Yes, this is what I though too. He just bought property rights. It's still part of whatever country it's located within and they can apply all of their legal code on you. I imaging digging deeper than a few feet would be illegal on that without proper authorization first. Having a really sovereign country is kind of difficult.
If someone who read this get his very own country someday, please name it something that will give you the .gz ccTLD so I can finally buy www.tar.gz where I will offer visitors to download an archive of the Internet :-p.
> Having a really sovereign country is kind of difficult.
No it isn't. All you need is a nuclear missile and you can tell anybody, including US President to piss off. And they will do it. See http://en.wikipedia.org/wiki/North_Korea for details.
It is your property, but it's not your sovereign country. You still need to obey the law of the country your property is part of, and that severely restricts what you can do with it.
It is not your property. If it were your property you could build whatever you wanted so long as you don't bring harm to others. The word you're looking for is not property owner but "tenant."
Property is a concept, different people can have different conceptions. I'll take your word for it that your conception is a delusion. You can't speak for everyone else though.