Unit 2A Lot 4 on the Main Road Taveuni Estates

Just Listed and now Under Contract Unit 2A on the main road on Taveuni Estates. Close to the new resort and other facilities. This property did’nt last long as it was quickly bought up. With the potential of future hydro power the main road was always in high demand.

 

 

Renovated Coastal Homes Back On The Market In Matei

 

Key Features:

1 acre freehold
Two separate buildings
Mains water supply
Room for expansion
Potential backpacker accommodation business
Excellent development potential

Thank you so much Stephen for making my dream of owning a house on Taveuni come true.  Stephen was a pleasure to work with and always followed up to make sure the job got done.  Without him I would have never felt comfortable buying real estate in Fiji.  I would highly recommend Stephen to anyone else looking for a home here on Taveuni.

Jay Gural (Buyer)

$210,000.00 Aus    Currency Converter

Sold Unit 4 Lot 40 Taveuni Estates

Real estate agents and valuers have been urged to work with the Fijian Government in creating affordable housing for average and low-income earners.

His Excellency the President Major-General (Ret’d) Jioji Konrote made the remarks this morning at the opening of the 7th Fiji Institute of Valuation and Estate Management (FIVEM) 2016 Conference at the Pearl Resort in Pacific Harbour.

President Konrote said with the increasing property prices in the last five years, Fiji’s property market particularly in the Suva-Nausori corridor was becoming saturated and needed a concerted effort from all stakeholders in addressing the situation.

“In Fiji’s context, we are increasingly becoming an urban society with most, if not all, our urban centres facing similar pressures as many other growing municipalities around the world. This is particularly important because our urban population is projected to increase from 51 per cent to 60 per cent of our total population by 2030,” President Konrote said.

“Whilst the National Housing Policy has been drafted to create a framework with a vision to provide ‘affordable and decent housing for all’, the pressure on issues of market saturation and polarisation of house prices is an equally real and imminent threat to socio-economic cohesion and prosperity that needs to be dealt with holistically.”

The President highlighted that legislations were introduced recently to protect township boundaries “in order to stabilise the land and properties market to avoid creating a housing bubble that would threaten our small, but growing, economy”.

“Government introduced the Land Use Decree that established the Land Bank as a means to maximise the use of idle and underproductive land for economic purposes.”

“The landowners win by having their lands assessed at market value. They also receive 100 percent of the lease money. The tenants win by having the security of tenure that could last as long as 99 years. This means that more than one generation can invest in the land. The whole nation wins when our two key stakeholders – the landowners and tenants are both satisfied,” President Konrote added.

Close to 60 real estate agents, valuers, property developers, estate managers, government reps, financial institutions were part of the conference.

Posted in Fiji Real Estate News

SOLD Unit 2A Lot 113 Taveuni Estates

Act to blame for lull in sales

Luke Rawalai
Wednesday, December 30, 2015

THE Land Sales Act has created a negative perception of freehold properties in the Savusavu and Taveuni areas to the overseas market.

Ki-Maren Real Estate managing director Aren Nunnink said the Act specifically targeted foreign property owners.

Mr Nunnink said the Act has had a very marked impact for property business in Savusavu.

“The requirement for the compulsory construction of properties has posed a significant decline in interest in the sale of vacant lands,” he said.

“Many investors have become resistant against the timeframe of the two-year deadline by which property owners need to build their houses.

“The actual timeframe that they must spend $250,000 on that dwelling place has gotten very negative response from our client base to the point where clients or prospective buyers are asking whether we have pieces of land with derelict houses or a house so that the land is deemed as not vacant.”

A limited number of those properties, Mr Nunnink said, had been sold and they have had a lot of prospective buyers changed their minds not wishing to invest here.

“At the same time we have had a lot of existing vacant landowners very worried, dropping their prices to at least get some interests.

“The properties that we have sold have been done so at very insignificant prices and even at a loss,” he added.

Residential Freehold Lot with Ocean Views, Matei

Fantastic opportunity to own a piece of property in Matei. Originally owned by the famous Audrey Brown who subdivided some of her beautiful property into residential lots. These lots have all been sold and built on except lot #6 which is now currently being sold by its owners. The lot is flat and offers unobstructed ocean views. This won’t last long Please enquire.

Ocean View Lots, Matei

As well as our separately listed properties and land in Matei, we also have the following freehold lots available for purchase:

Ocean View Lot Matei SOLD

2 lots (adjacent) with ocean view and mains water supply. Walking distance to the town. The lots can be purchase as a whole, or separately. Excellent investment opportunity.

Asking Price: S$35,000 (single lot)
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Enquire about this property

Matei Oceanview 3 Acres Freehold SOLD

Three acres of Freehold land situated 100 metres from Prince Charles Beach, near Matei.

Key Features:

Ocean view
Located less than 100 meters to beach
1.21 Hectares or nearly 3.0 acres in size.
Newly built private road access
100 Feet above sea level
Unimpeded sea views
Easy access to Matei airport and shops
Minutes walk to excellent swimming and snorkeling