What makes property in Fiji so attractive –
Pacific Harbour an ‘integrated tourism development’ in Fiji is one of the few places that proper Residential Freehold or Fee Simple property still exists for foreign investors. Unlike many of its counterparts you don’t need to have a local partner you are not buying a medium to long term lease, you actually own the property in Pacific Harbour outright. The process of buying land in Pacific Harbour is relatively simple. Land titles are secure because Fiji freehold or land tenure is via a Torrens title land-registration system with the title guaranteed constitutionally by the State. You will be required to fill out forms, submit a police verification that you have no criminal record, and do various other tasks such as paying duties. It usually takes from 2-4 months to have a sale finalised
With so many countries becoming ‘closed shops’ in terms of foreign ownership of property this makes Fiji and particularly Pacific Harbour real estate a great opportunity for those that act fast. For more info on current laws please see www.resorthomesfiji.com _______________________________________________________ CNBC ARTICLE OCT 2017 David Reid | @cnbcdavy Published 7:17 AM ET Wed, 25 Oct 2017CNBC.com
New Zealand is to ban foreigners from buying existing homes as its new government attempts to improve the affordability of residential property.”Our goal and commitment is to ban foreign buyers from the existing housing market,” she said. _______________________________________________________
Pacific Harbour real estate has proven a good solid investment giving approximate returns of 20% per annum and offering a rental return of around 8% per annum in recent years. With the best beach in close proximity to Suva it now boasts world class facilities including the recent addition of the new Pearl marina resort.
With everything you need from restaurants, shops, bank, post office and even a school it truly offers fully integrated resort living in peaceful, secure and picturesque surroundings. Pacific Harbour also boasts an 18 hole championship golf course all on your front door step!
If you are interested in buying or selling real estate in Pacific Harbour Fiji do not hesitate to contact us.