Facts about the Real Estate Industry of Fiji

Fiji is a beautiful country situated in the Southern Pacific Ocean. It is an archipelago of 333 islands, but only 110 islands are suited for human habitation. Most of the islands are filled with sightseeing, white sand beaches, and tropical forests that attract tourists to this country. It is a paradise for nature lovers and millions of tourists from different regions of the world. The tourism industry is the mainstay of Fiji and contributes hugely to the national GDP.

Fiji is a paradise for people looking to escape city blues and settle in a peaceful place. The amicable environment, happy and peace-loving folks, and presence of multi-cultural society make Fiji a perfect place for people. There are spots for adventure sports which enable people to get thrilling moments during the stay in the country.

Building a house in Fiji is an ideal option for people looking to settle in an island country. Know the important facts needed before buying properties in Fiji.

Reasons to Buy Properties in Fiji

The real estate industry of Fiji is growing like never before after returning of democracy. A conducive political environment and the transparent real estate are winning the confidence of investors these days. Investors from neighboring countries of UK, Australia, New Zealand, and China are making an investment in the country. Apart from that, the Fiji real estate has changed rapidly after the introduction of new Land Sale Act by the parliament. It states that foreigners can’t own properties from cities in Fiji but can do so from remote areas and tourist spot. There are freehold lands, islands, resorts, and restaurants out for sale in the market these days. It has made properties dealing more transparent and curb corruption in the country.

Important Things to Know in Buying Properties

Buying of real estate properties in Fiji is cheap and simple. But the process of buying land takes a long time 3-6 months to finalize a sale. It requires a Torrens title registration system while buying land from Fiji which is constitutionally guaranteed by the state. Permission is needed to buy more than an acre of land from Ministry of Land Fiji government. Find property for sale in Fiji to buy and use according to requirement and budget in the country. Buy a freehold land to use and resell the property at will later. Work permit and temporary residence visa are needed to be eligible to buy properties in Fiji. An authorized real estate agency needs to be hired to help in finding the right properties and avoid legal issues later.

Why Choose Fiji for Relocation?

The people of Fiji has been found to be the happiest folks on the planet according to a 2011 survey. Pleasant weather condition, abundance organic vegetable, friendly locals, and low crime rate were the few reasons that make Fiji a perfect place to live. This is a paradise for nature lovers with special spots for holiday, sightseeing, and boating in the country. Use Fiji property sales to find your desired home and resort at an affordable price in the market. Finding a beach-front home is easy and cheap for buyers. Contact our real estate agents to help in finding the desired home in Fiji immediately.