Sometimes you can find a pearl that is such a bargain that you can’t pass it up. That is the general consensus of this beach house offer on this long white sandy beach in these balmy South Seas. Read on and see what this is all about.
The concept of the offer achieves solutions in living that some might never think of nor expect when considering investing in a home, anywhere on Earth.
The first pearl is the beach location and the price of the beach house. Picture a quarter acre in a classic tropical setting, coconut palms on a long white sand beach with a protective reef out one mile and a calm lagoon within for safe swimming, snorkelling and kayaking; that describes your new homeland—this could be your new home and for less than $35,000 USD, includes the beach house. Now, how did we do that?
If your budget only allows for spending under $50,000 USD for a small beach house from $30,000 USD for a studio, $50,000 for a one bedroom to $70,000 for a two bedroom and larger homes, which come with more cost; if that’s the limit, then you are in with us and living good. At these costs, according to Google; these are the only beach houses in the world that are for sale at under $50,000 USD. Imagine that! Check it out.
The next attraction might be this Robinson Crusoe setting is just a few minutes’ drive or $4 taxi ride to the thriving ex-pat popular town of Savusavu where you will find all your supplies, groceries, fresh fruit and veggies, restaurants and even a yacht club.
The land cost is the South Seas coveted natural pearl at fake pearl prices. The quarter acre beach lot choices are all priced at just $220 USD per month and this monthly cost not only includes the land, as well the necessary services of free water, rubbish collection, septic, taxes, road and common grounds maintenance, and beach cleaning. Yes, Internet, phone and even electric is available—and cheap!
For investment purposes, another pearl to consider; it is important to know that there are absolutely no beach houses for rent anywhere in this area near Savusavu, except at the very high priced resorts.
That phenomenon introduces another interesting option for one to consider—the income producing capability of one of these homes when rented out to tourists. Renting a beach house in this pristine and virgin location by the week or month, or even by the year can be enormous. The only statistics for estimating this income potential are the prices they are getting at the resorts nearby. The only resort with beach houses on the same beach gets from $1200-2000 USD per day. Up the coast they get about the same and don’t really have beaches like this one. What if you could earn just half that price per day? Or to be real conservative, half that price per week, not even per day; right there you have an income that requires little work or can be managed for you and yet is a very high yield from your investment—renting your beach house out could pay for itself in one year. Try that with any investment on the market. This is possible in Fiji because of the unique situation in this location. If one rental home works, why not two and if two work, why not three; see?
You can have this income and ownership of the beach house and not even live in Fiji. There is a management service to keep your beach house rented. The income can go straight to you.
If you have settled on Fiji as your next place to live or to invest in, you need to know the residential land laws. In about every land offer BUT NOT THIS ONE—this one is exempt; if you are a foreigner and you buy residential freehold land, you have two years to build a minimum $250,000 FJD home, or be fined 10% of the land cost every 6 months. Now your minimal costs for a beach house on a beach way out of town is over $300,000 if you have to buy the only beach land for sale that there is in the area at $200,000 USD. Compare that entry into the rental business or even for just a residence for a fraction of that cost.
The offer for the land is low-cost because it is lease land, which the government of Fiji via the Land Trust Board has leased for 99-year for this purpose of offering it on a monthly rental basis for fixed rate terms or just ongoing month to month.
How you can own your home or homes on this beach is because the homes are legally considered “non-permanent” or moveable/transportable, which they actually are, yet one wouldn’t necessarily know that by looking or living in them. This feature allows you full control over your investment.
The beach houses are extremely strong with their core frameworks made from weatherized Cor-Ten steel, which are actually repurposed shipping containers that are clad inside and out with wood or materials chosen by the home buyer. Lots of windows and insulated, these beach houses are practically indestructible and cool; originally built to be able to be stacked 10 high as evidence of their ruggedness. Yet, they can be designed to appear delicate, comfortable and ever so inviting.
The beach houses are yours and key to the income. The land is the attraction to that home, like the flower is to the bee that goes for the pollen; the home is the pollen and is what actually brings in the revenue. Buy one to live and one to rent for a living. Then you can build a bonfire on your beach.