Fantastic fiji’s ‘incredible’ prices
Fiji is developing into an exciting property investment destination, argues one company…
According to David Stanley Redfern Ltd, Fiji is in prime position to benefit from investors prices out of property in Australia and New Zealand. A spokesperson for the company explained: “Autralia and New Zealand have both been massive on the property investment front, but they are now established markets and property is now on the pricey side. Fiji already has their climate, beautiful turquoise warm seas, as well as coral reefs and all the water wildlife that inhabits them and the waters surrounding them.
“The infrastructure and holiday amenities are developing at a rapid rate, as is visitor numbers to these beautiful pacific islands, where the cost of living is so low, and you can do anything from basking in the sunshine to swimming with turtles.
â€As tourism grows massively so does the economy, but the biggest benefit to Fiji's growth potential is the incredibly low prices of off-plan property. Properties are currently available from £25,000, which are likely to be worth £35,000 - £40,000 when they are built and £60,000 - £80,000 in 2 years time. Rental yields are currently around the 8-10% mark, and may well see growth in the next 2-3 yearsâ€.
