Renowned for its captivating flora and fauna, Taveuni Estates continues to draw stellar interest from property buyers wanting a slice of Fiji’s Garden Island.
Much of Taveuni’s coveted oceanfront and resort lots are listed by Noble Realty, which facilitated a large number of properties late last year, when an amendment to the Land Act in 2014 sped up the sale of vacant foreign-owned lots whose proprietors did not construct dwellings within a 2-year deadline.
A considerable number of these lots were listed at reduced values to meet the December 31 deadline and avoid hefty fines for their foreign owners.
“We sold 68 listed properties for foreign owners and the majority of buyers have been locals,” Noble said.
Buying interest, continues to thrive, with a single acre, ocean-front lot (Lot No.7) back on the Taveuni market at an asking price of US$100,000.
The property encompasses a gentle slope with easy access to the sea, along Soqulu, one of the most stunning coastlines on the Garden Island.
“For those who haven’t grabbed a lot of Taveuni Estates, now is the time to do it.”
New listings include Lot 65 of Unit 1, and measures close to an acre, with a generous panorama over the sea and selling at an even more generous sum of FJ $30,000.
“It’s on a quiet dead end with lots of privacy and has fantastic views that go on forever,” Noble said, adding that Taveuni Estates continued to be a popular choice for investors.
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Published April 12th 2017