Buying Property In Fiji
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It's easiest way for a foreigner to purchase land in Fiji is to become a permanent resident. (This does not mean giving away your passport). You don't have to be a permanent resident (you can actually stay in the country for up to 6 months just on a tourist visa) but it's the most expedient thing to do if you plan to spend long periods of time there. Most foreigners who own property can obtain a renewable 3-year permanent residency.
There are three types of land in Fiji: native trust land, crown land, and freehold. Native land can be leased but never sold, and as such, it is usually considered a can of worms to develop anything on native land. Crown land is basically government land. Freehold property is the same as fee simple; it can be bought and sold freely and owned forever. Whenever looking at freehold land, however, always insist on seeing the Freehold Title and researching through a competent attorney here whether the title is indeed free and clear, with no caveats, mortgages, or other legal hassles attached to it.
If you're going to purchase freehold property it's a good idea to go through a reputable real estate agency, or a real estate development company where you have the security of both freehold ownership and assistance in the buying process. The last thing you want to deal with in Fiji is a legal dispute. Chances are, you're not going to come out on top.
1.Utilities vs. no utilities: While looking at land, remember that the farther away from a large town the property, the less likely to have access to any utilities. Most people who live 10-90 minutes out of town must deal with collecting their own water (through rainfall or by finding springs); and generators. There are a few notable exceptions where developments provide electricity as part of the purchase. If you're fortunate enough to live close to an influential member of government you may be lucky enough have all utilities you need.
2.Proximity to town, shopping, and airport: There is a plethora of beautiful property available in Fiji but some of it is an hour or more away from town. This becomes a fairly daunting factor given the deplorable condition of some of the dirt roads. Going to town for shopping or merely socializing with friends who live any distance away can be a real journey.
3.Large vs. small property: There are entire islands for sale here (US$1.5 million and more), large 300+ acre coconut plantations (US$750,000 and more), then down to the one-acre lots that have been chiseled out of larger properties (with prices ranging from US$30,000 per acre to $80,000).
5.Beach vs. hill/view lots: Most people THINK they want beachfront, but it is not always the most desirable. By law, no beach is considered private in Fiji; indigenous people always have a right of access to beaches. A friend of mine has a house on beachfront property, and while he has fenced the property, he often has other folks on his beach. (Obviously, this would depend on how close you live to a native village: if your beachfront property were far away from other communities, this wouldn't be the case.) Furthermore, beachfront property tends to be buggier and can be hotter. Some of the hillside properties available, however, offer more privacy, seclusion, cooling trade winds, less mosquitoes and other insects, and yet still might be only a few minutes' walk to the nearest beach.
7.Accessibility: Land is sometimes sold that has no legitimate road access to it. The question of access should be addressed on the back of the Freehold Title by way of a legal easement that sets forth your way of access. Without this, you could be in for trouble. This is especially important when looking at the more remote properties. This problem can be circumvented when you purchase from a development company that guarantees road access to your property, and in many cases provides road maintenance for the development.
Fiji is made up of more than 333 islands and as a regional economic and tourism hub in the Pacific Region, has long attracted international property hunters and investors. Property.com.fj is a central resource that allows licensed real estate agents, salespersons and private sellers to list their properties for the world to see completely free.
Property.com.fj does not take commission, nor do we charge a referral fee, or contact buyers and sellers. Our website and app simply provide a marketing service for people to buy and sell real estate throughout the Central, Nothern and Western Regions of fiji. The site has the widest range of real estate for sale in Fiji throughout all of the most popular localities, including real estate for sale in Suva, real estate for sale in Nadi, real estate for sale in Lautoka and real estate for sale in Denarau.
Perhaps you are an expat searching for a stunning house for sale in Nadi to soak up the sun as a holiday escape, or alternatively a lower cost luxury apartment for sale in Nadi Many hollywood stars and wealhy foreigners call Fiji, and Nadi in particular, home and own whole islands and plantations - no doubt drawn by its relative privacy and easy accessibility and flight network to North America, Asia and Europe. Maybe you're a local Fijian considering moving into a house for sale in Suva or an apartment for sale in Suva Maybe a house for sale in Lautoka takes your fancy In any case, property.com.fj will list a house, apartment or villa to suit you needs.
In addition to properties for sale, we also list real estate for rent in Fiji. This includes the most popular areas for people to live, such as real estate for rent in Nadi, real estate for rent in Suva and real estate for rent in Lautoka. Property.com.fj covers every type of property; from breach front villas for sale in Nadi, tourism properties for sale in Nadi and Land for sale in Nadi, our website is a one stop shop for property seekers.
Any legal contract for purchasing properties in Fiji must be in writing and valid. The common law of contracts, also similar to the UK and the United States, is to prepare a contract every time one sells or purchases a property. A Sale and Purchase Agreement by the seller is checked and approved by a certified lawyer prior to signing.
Any legal contract for purchasing properties in Fiji must be in writing and valid. The common law of contracts also similar to England and USA is to prepare a contract every time one sells or purchases a property. A sales and purchase agreement by the seller that is checked and approved by a certified lawyer prior to signing. For non-residents of Fiji, there are certain requirements that the seller can work through with both parties in order to the contract becoming unconditional.
A property transaction usually takes 3 to 6 months. However, delays may occur through government agencies but the seller can assist with attorneys to establish things more easily and effectively until settlement.
Yes, anyone can use your property with your arrangements. However, it should not be on a commercial basis. If there are intentions of earning income from the property then approval must be received from Fiji Trade Investment Board. The seller can recommend professional accountants to help structure the investment properly.
Now, Fiji is hoping to attract foreign investors to its real estate sector, including Chinese property investors. We look at what Fiji has to offer for Chinese buyers and why Chinese may be lured to this beautiful island archipelago.
Fiji welcomes China's Belt and Road Initiative (BRI) and has inked a Memorandum of Understanding with China in November in 2019. Chinese home buyers tend to feel more secure investing (whether its business or buying real estate) in countries that cooperate with Beijing. As such, many corporates, both from mainland China and elsewhere, are understandably interested in taking advantage of this BRI real estate opportunity.
Vunabaka is leasehold land. The developer, Vunabaka Bay Fiji Limited (VBFL) has entered a lease with the itaukei Land Trust Board (iTLTB) and a Foreshore Lease with the Fijian Department of Lands (DOL). A separate sublease will be registered and transferred to you for the part of Vunabaka where your property is situated. The sublease will be for the term of the Head Lease less one day. The Head Lease is for 99 years with right of renewal for a further 99 years under substantially the same terms and conditions. Terms of the sublease mirror the head lease. The sub lease has been approved by ITLTB and DOL.
If the property is in the hotel rental pool, there will be specific requirements for furnishings and fittings as they will need to meet the requirements for commercial operations. This will be discussed with you during the design process. VBFL can provide interior design and furniture, fixtures and fittings packages saving cost, time and hassle.
Yes, property owners are entitled to use all the resort facilities including food and beverage options, activities, kids club and babysitting services. Villa owners will have access to the beach via the resort and specified access roads.
You can choose to either keep your property for personal use only or make it available for the resort rental pool. A Rental Management Agreement will be entered with the Liku Bay Resort Management Company Limited (LBRMCL) and operated by the Six Senses Fiji. All rental income has to be through the Six Senses Fiji. Prices for each villa will be set by the Six Senses Fiji and the property must meet standards set by Rental Management Agreement. Note that LBRMCL is the entity that appoints the resort operator at Vunabaka.
It is our intention that you will receive a return on investment. The return generated will fluctuate depending on the achieved occupancy, villa rate, availability to the rental pool and operational costs. A return on investment will not be available if your property is not in the resort rental pool.
Hi all, I have been looking at residency requirements for living in Fiji b