Nukudrau Real Estate and Homes for Sale

Fiji real estate still on the radar, Nukudrau Island

Nukudrau Island is the latest piece of Fiji real estate being marketed.

Located in Natewa Bay, "the largest bay in the southern hemisphere and off the beautiful and exotic northern island of Vanua Levu in Fiji, lies this tropical paradise."

Visitors get to the island by yacht or private seaplane from Nadi Airport. The offer is for 24 beachfront, private freehold home sites varying between 1000sq m and 2.5ha in size and priced from $795,000. Land and villa packages are also available.

Nukudrau Island is being developed by 100 Sands Ltd (Fiji), a development company that has carried out developments in the US, the UK and Canada under the company name of Holiday Retirement Corporation, both companies managed by the same directors.

Only 8% of Fijian land is freehold and there are no restrictions on buying property in Fiji.

The developers also offer 30 moorings that can cater for large boats.

All relevant property titles, leaseholds, building permits and infrastructure are in place for buyers wishing to build their island home. Villas will be designed by architect Peter Rankin from AAPI Design. The villas include modern appliances and staff employed by a body corporate will manage the properties.

 

 

Excerpted from article originally published National Business Review   July 8, 2008