Pango Beach Surf Dream!!!

•31/07/2011 • Leave a Comment

Private beach, amenities and great lifestyle all at the right price!!! Only 5 minutes to Port Vila CBD this residential block offers 30m of highly sought after water frontage just a stroll away from the Ramada Resort Breakas Beach with its restaurant and spa. This is the perfect site to build a dream residence or investment units with all utilities available for connection. Holiday rentals are now booming in Vanuatu and with fresh sea breezes and the best surfing waters of the island, this property offers a unique opportunity for the astute buyer. Priced below valuation this waterfront block is just awesome!

http://www.waterfront.com.vu/pangobeachjack.html

Vanuatu visitors are still growing

•26/10/2010 • Leave a Comment

The total Visitors to Vanuatu increased by 4% from 52,932 in June quarter 2009 to 54,839 in June quarter 2010

Vanuatu Population Growth

•26/10/2010 • Leave a Comment

Our population is now 234,023 which represent an average annual growth rate of 2.3% per year since 1999

Get your residency in this Pacific Island… dream…

•11/07/2009 • Leave a Comment

Residency Permit

The purchase of real estate for a value in excess of 5,000,000 vatu allows obtaining residency permit as property investor for an individual or a couple.

The permit is valid for 1 year renewable and the fee is 40,000 vatu.

1 EUR = 128 VUV

1 USD = 92 VUV

1 AUD = 91 VUV

Make Vanuatu your Pacific Island dream COME TRUE!!!

Investing in Vanuatu – All you need to know

•29/06/2009 • Leave a Comment

The investment of capital for commercial purposes by foreign investors is subject to approval by the Vanuatu Investment Promotion Authority. That includes the purchase of an existing business and/or land for the purpose of development. The application for approval is straight forward and requires:

  • Business name reservation
  • Copy of Passport
  • Police clearance certificate
  • 5,000,000 vatu in cash or assets
  • Business summary
  • Training plan for Ni-Vanuatu employees
  • 3 years cash flow/profitability

The VIPA approval provides the investors with a residency permit and work permit can be requested for foreign employees in the same application. For further information you can visit the VIPA website at www.investinvanuatu.com

Also at Waterfront Real Estate they can assist you with your VIPA application or direct you to local professional firms for the purpose. Visit www.waterfront.com.vu

Purchase Costs and Other Costs

•22/06/2009 • Leave a Comment

The costs involved in the purchase of a property in Vanuatu are:

  •  Stamp Duty and Registration 7% of purchase price
  • Land rent pro-rata adjustment 
  • Legal / conveyancing

Waterfront Real Estate offers a professional conveyancing service at a flat fee and if the transaction requires legal assistance can recommend local Lawyers.

Other Costs Regular outgoings include:

  • Yearly land lease the amount of which varies depending on the zoning (residential, commercial, etc.) and on the location of the property
  • In urban areas only there are municipal charges (rates)
  • The cost of services like electricity, gas, water, etc. varies depending on urban or rural location

At Waterfront Real Estate we understand the importance for you to know all the above costs and we make sure we can provide satisfactory figures on demand.

For all you need to know about investing in Real Estate in Vanuatu, KEEP FOLLOWING THIS BLOG!

Security of Title to property in Vanuatu

•09/06/2009 • 3 Comments

The registration of a Lease or Transfer of Lease at the Land Records Office guarantees the acquisition of the Title for the purchaser of real estate.

However it is important to verify the validity and standing of the title before the purchase.

Only real estate agents with professional legal experience like Waterfront Real Estate or a recommended Vanuatu Lawyer are able to offer such service for your complete peace of mind.

Property Tenure in Vanuatu

•05/06/2009 • Leave a Comment

Land tenure in Vanuatu is regulated under Chapter 12 of the Constitution, the Land Reform Act [Cap. 123] 1980 and Land Leases Act [CAP 163] 1984.
All rural land in Vanuatu belongs to the indigenous custom owners.
Urban land belongs to the Government.
Non indigenous people can acquire land in the form of a Leasehold registered title whereby the Lessor is the custom owner or the Government and the Lessee is the investor.
Such form of tenure is not new to common law systems like the British Grant from the Crown, and it is a common practice in the Pacific to guarantee a modest but steady income to the indigenous people while foreign investors enjoy and develop real estate.
Normally leases are for a period of 75 years, sometime 50 years in urban areas.
You can find a complete list of Vanuatu Laws at www.paclii.org/databases.html#VU

Great Deals! Check some examples click on the page on the right end side

•03/06/2009 • Leave a Comment

Let us show you HOW!

www.waterfront.com.vu

The best kept secret: Vanuatu property

•02/06/2009 • Leave a Comment

check our latest pages by clicking on the right end side.