Two Villas With 4 Rental Units For Sale in Savusavu, Vanua Levu Fiji
Award Winning Villas With Hotel License For Sale In Savusavu
Asking Price: $990,000 USD
Chance Of Your Lifetime
You will not only buy a property - you will change your life and get it all in one:
two beautiful massive build villas with huge pool
a hotel license
a residence permit
a work permit
a freehold land title (no lease)
a well established business with a lot of bookings in advance
a possible ten percent annual rate of return
a "one million dollar view" on Pacific Ocean and sunset
a dream residence in typical traditional Fijian bure style for yourself
a secure and relaxing lifestyle
artesian spring water supply (no water bill for you and the business)
no real estate agent provision to pay
stamp duty can be reduced from 10 to 3 %
Nestled into nearly one acre of wonderful manicured garden with all kinds of flowers, fruit trees and exotic palms you find our two villas "Vanilla" and "Blue Banana". At the end of a private road this place offers a maximum of security, privacy and tranquility. Overlooking the 20 by 20 km large Savusavu Bay of the Pacific Ocean our guest say that we have the "One Million Dollar View". The villas are build massive by European standard to resist earthquakes and storms/hurricanes. Only first class materials are used and all timber works are made with the best and most expensive hardwoods Vesi and Mahogany. All inspections are done and the Certificate of Completion is given. The use of land was changed from residential to commercial and a hotel license was issued. The property is "freehold land" what means that everybody is allowed to buy or sell it and that the owner gets a title for the property by the English Torrens-System. No Lease - no annual taxes to pay! The object has a floor space of 586 m2 (6450 sqf) and contains 4 units which are in the moment used as following: 1. Villa Vanilla Suite 2. Pool Apartment One 3. Pool Apartment Two 4. Villa Blue Banana Every unit has his own fully equipped kitchen, bathroom, bedroom, living room and a spacious covered terrace. Further is there a laundry, a garage, a pump room for the pool and 2 storage rooms as well as plenty parking space. The business is well established with good booking in advance and has a 70% occupancy rate. Possible daily income 419.-- USD. Ihe object can produce a brutto return of 10 % or more and bring your money back in a couple of years. Of course the whole object can also be used as a normal residence for a big family without business or there can be rented out only one or two units to generate some income.
About Savusavu: Savusavu is for sure the town with the best perspective in Fiji and also known as the "Hidden Paradise". Property prices are quickly increasing because of several big investments which are in progress in town (5 star marina, 5 star resort etc). Savusavu has about 8000 residents, is very calm, clean, peaceful and got declared as a crime free area. It has all infrastructure with airport, hospital, police station, post office, supermarkets, market for fresh fruit, vegetables and sea food and all necessary shops for your daily demand. It is connected by planes and ferry boats with Suva and Nadi. Several charter businesses are operating in and around Savusavu. They offer diving, sailing and fishing. Cars and motor scooters are available for hire. There are a number of excellent restaurants and high end resorts in town. Savusavu is famous among sailors as the most save harbor in the entire South Pacific.
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THE CO-LOCATED RESIDENCE -- VIVIUN ADVERTISEMENT AD-251627 -- BEST BARGAIN IN FIJI CAN ADDITIONAL BE BOUGHT.
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