How to Buy a Residential Property in Fiji?

You’ve made the right decision to settle in the peaceful Fiji island away from city’s noise and polluted environment. In fact, Fiji has become an ideal destination for people looking to create a residential and vacation home in an island country. The country is surrounded by the Koro Sea and has everything to offer to residents to enjoy and lead a quality life. Fiji property sales provide the right information about the properties available for foreigners. Abundant properties are available for sale at a lower price in comparison to other countries around the globe. But, it is necessary to know certain things before jumping to buy properties in this island country.

Follow the Rules of the Land

Fiji, being a tourist-friendly country, also offers ownership of assets to foreigners, but away from the cities areas. It is essential to remember that you’re following the rules of Land Sales Act 2014 passed by Fijian parliament to check rising prices of property. It is also an ideal way of protecting the land of locals reserving for them. But, foreigners can buy lands from hill station, tourist spots and distant islands at attractive prices.

The Fiji real estate is growing at a rapid pace from the last decade. Further, it is creating a chance for foreigners to make an investment in the housing sectors up to 49% in collaboration with a local firm.

It is necessary to take permission from Ministry of Land buying more than an acre of freehold land. Further, a temporary residence visa or work permit is needed to be eligible to purchase properties.

Buy Home from Approved Companies

The chance of getting entangled with a legal issue is very high for foreigners. It is necessary to be cautious while buying properties in the country. Look for an approved builder or agency to offer guidance in buying your dream property quickly. Natadola Loka Real Estate is a Government recognised company offering villas, resorts, and beachfront homes to foreigners. Furnished with modern facilities, these are the perfect way of residing in Fiji for foreigners. Contact our real estate experts to get help in buying properties at affordable prices.