Dreaming of an island in Fiji?

Posted on Thursday, November 19th, 2009 at 2:53 pm in

Known as “the hub” of the South West Pacific, Fiji consists of about 300 islands and 540 islets. Fiji covers a total area of some 194 000 square kilometers of which around 10% is land.

Trade with Fiji has been criticized due to the country’s military dictatorship, however Fiji continues to thrive via its key driver, being tourism.

Fiji is a very popular tourist destination, from the Mamanuca Islands lying to the west of Nadi and the Yasawa Islands to the south of the group. It’s ideal for families wanting to get away, couples getting married or honeymooning and of course for the rich & famous needing to get away and sometimes they stay on their own exclusive islands.

It seems there is also still the opportunity for people with spare cash to buy some amazing properties, from resort development sites, beachfront villas, apartments and commercial sites, and a complete island!

No stranger to the development game, Timothy Manning’s name of recent pops up again, Mr Manning part owns Eori Island in Fiji, of which Eric Rush has 7 per cent share in. Eori Island is at the top of the Mamanuca Island group and it seems was the drawcard at a gala auction held by Bayleys Real Estate Fiji. However Eori Island never sold under the hammer, apparently only 2 of the 18 properties did!

So where have all these opportunities come from? It appears that through development and investment companies in Fiji who cannot develop or want to quit, we have seen these opportunities come through.

This article was made possible for the NZ Property Monitor by Timothy Terence Manning

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