Boutique Resort for Sale in Lomaiviti, Fiji
Remote Beachfront Luxury Resort and Private Retreat
The resort has 12 buildings including 5 guest bures dotted along the beach (75 sq. meters each with mahogany and ceramic tile finishes), 3 partner/staff villas of various sizes, a 185 sq. meter restaurant and kitchen furnished with stainless steel appliances and kitchen ware, inground pool, an outfitted laundry facility, an all concrete 2 story fishing and diving storage center, a fully equiped solar power center, an all stone beach bar, and more. The structures are connected with stone paths woven through the hillsides and beachfront. Best yet, all of this is built on half of the property leaving the entire southern half of the beach untouched. The initial investor scoured most of the South Pacific and Caribbean before deciding on this property.
The island is surrounded by a barrier reef 5km from shore which shelters it from storms and provides truly world class fishing and diving. Yachties and live-aboards come through weekly to enjoy these activities. Turtles, whales, and large pelagic fish are common and manta rays feed in the deep water right in front of the resort. Hundred year old mango trees, pinnaples, bananas, and coconuts grow abundantly on the property.
Currently the resort is used as a private retreat for the partners and occasional guest stays. The resort is 80% outfitted and could easily become a fully functioning resort with staff and regular transportation. A European dive camp is based 2 bays away and there's a resort on the nearest neighboring island.
The property has often been described as one of the nicest small scale resorts in Fiji. The property was professionally valued at 1.9 million 2 years ago BEFORE many upgrades were done to the property including 2 new beach bures, the huge reception/restaurant building, beach side pool, nicest investor villa, new solar array, outfitting, kitchen, and more. FYI- the cost of having anything built on outer Fijian islands is roughly $300 per sq. ft. (and that's Fijian construction..is was built to American construction standards). If you do the math, property is a great value at this price. This share also comes with building rights to 3 private building sights, one of which is probably the nicest section on entire property.
Reasonable offers considered. Possibility of entire resort being for sale.
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About This Property
Category
Resorts
Sold by
Owner
Address
Lomaiviti
Fiji
Fiji
Built
2008
Area
22 Acres
Bedrooms
8
Bathrooms
8
Sleeps
15
Features - Amenities
- Furnished
- Appliances
- Maid's Quarters
- Maid's Bathroom
- Laundry Room
- Pool
- Patio
- Ocean View
- Ocean Waterfront
- Solar power
- Satelite internet/tv
- Diving/fishing storage
- Island post office/shops