Wednesday, November 9, 2016

Things You Should Know Before Buying Properties in Fiji

If you’re looking to buy properties or make an investment in South Pacific, it may be Fiji. Buying properties in Fiji is still straightforward and easy for haven buyers but needs a longer time. The island country has opened its door for making an investment but in partnership with a local company up to 49%. Fiji real estate has grown over 100% in the recent years these days. It is essential to hire an authorised real estate agency to avoid legal issue later in dealing with properties. All these amendments are aimed at curbing corruption and offer a fair price to foreign buyers. In this way, the country has increased the confidence of investors to make an investment in the real estate sectors.

Buy Freehold Lands

If you’re planning to build a home in Fiji, search for a freehold land. Native trust lands and crown lands can’t be purchased on lease or resell later. Fiji freehold is the right option for haven buyers looking to own, use, and resell later. But there is only 8% of the total area come under this category. Be careful in buying the land to avoid legal issues attached like mortgages, caveat, and so on. Permission is needed from the Ministry of Land while buying more than an acre. Remember, owning of properties from cities is prohibited for foreigners in the country.

Build a Resort Home

Building a dream home near to sea or beaches is an ideal option for foreigners. It helps in the construction of a resort like home as per requirement and budget. But it needs a minimum $150k to build a home with concrete construction. A work permit or temporary residence visa is required to be eligible to buy properties in the country. Find Fiji resort homes at your preferred location with amicable weather condition and connectivity quickly. You can furnish homes with suitable amenities needed to live a peaceful and modern life. Find a suitable plot of land and hire a construction company to build your resort in the country immediately. Contact our real estate experts to buy suitable properties in Fiji quickly.

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