Land Development Opportunity – Sovi Bay, Fiji
One hour from Nadi airport and two hours from Suva, this stunning 28 acre freehold site, with 180 degree views of the bay and reef, is an opportunity to develop a desirable tourism and residential destination.
The Coral Coast is one of Fiji’s most popular tourist spots, home to a number of major hotel brands, as well as being sought after by both local and international purchasers of holiday homes.
This hillside property, with impressive views of Sovi Bay, the deepest bay on the Coral Coast, with its white sandy beaches, offers a number of tourism and residential opportunities.
The site has been rezoned as an Integrated Resort Development with a Masterplan created by Architects Pacific involving subdivision, development of 45 villa sites, villa concepts, a 30-40 room boutique hotel, and a generous commercial zone providing hotel, retail, apartment and hospitality options. The Masterplan can be viewed by downloading the Information Memorandum below.
Site development is equally suited to a staged development over time – involving subdivision, lot sales, lower priced Eco villa options, staggered services and less capital outlay – appropriate and sensitive to Fiji’s environment. This might be attractive to people without development experience looking for a change of lifestyle.
The current owner has knowledge of Fiji tourism, potential sales markets, planning regulations, commercial property investment and development, and might be available to assist the right buyer.
Freehold land comprises just 8% of Fiji, making this is a rare opportunity to buy a development site in the region. Sovi Bay is well placed to benefit from growing numbers of visitors looking for holiday and investment options, without concern for security of tenure in other Asia Pacific destinations.
For more information please download the Information Memorandum below.
Please complete form to download information memorandum.