Owning a vacation home in Fiji is a dream for many. This is because the island country houses spectacular views and places that can’t be found anywhere. Settling in Fiji escaping the city blues is a good idea for the peace and nature lovers. The houses are built amidst natural sceneries or near the beaches to offer peace and soothing views to dwellers. Check Fiji property sales to find out a suitable house or a piece of land to build your dream home. It is essential to look for the freehold land with no legal issues and mortgages are attached with it. Apart from that, it is essential to follow the guidelines set by the Fijian government while buying or investing properties by foreigners.
Foreign ownership of properties is allowed but not near to the cities. The new land sales act passed by the Fijian government banned foreigner from owning properties in cities. If any foreigner is holding properties prior to passing the bill can’t sell it to non-residents. Look for the lands and properties in remote places or in tourist spot that have government permission. Fiji real estate agency is expanding and creating opportunities for foreign investment. It is essential for the foreigners to partner with a local agency to invest in the real estate properties. The local agencies possess knowledge about geography, regulatory laws and processes involved in buying the properties.
The regulation of Fiji real estate industry has improved significantly after passing strict laws. It has made the process transparent and easier for buyers. Buying properties is simple and cheaper in Fiji than others countries. You can own beach-front homes and luxurious villas in Fiji. It is legally binding for foreigners to hire a local agent while buying properties. Check out property for sale in Fiji to get desired piece of lands or other real estate properties according to your requirement. You can invest in resort, restaurants, and development of exclusive islands as tourist spots in Fiji. Contact our properties experts to know more about the industry and buy a home in Fiji.
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