One-Of-A-Kind Boutique Resort W/24 Lots For Expansion!|
Asking Price: $2,200,000 USD (Negotiable - Financing Available).
Further develop this manificent property OR your own private compound, with plenty of room for family, friends, and clients.
This versatile property could be expanded with additional 24 guest villas or homes, and by potentially adding over-water villas along the shoreline. It also has a preliminarily approved subdivision plan for 24 lots. Lomalagi has a current (transferable) hotel license and fully developed website.
The house and villas are situated above the beach, with sweeping views of the bay and its incredible sunsets. Each villa is 768 square feet, with kitchen facilities, a walk-in tiled shower-room a soaking-tub, and a large private deck. A central dining pavilion with tables and bar seating overlooks our 100,000-gallon S-shaped saltwater pool, with a catering kitchen and a games pavilion on either side. Many visitors consider our huge three-tiered deck with a stone waterfall to afford one of the best views in all of Fiji.
Natewa Bay is the largest deep-water bay in the entire South Pacific. Its extensive coral reefs and depths exceeding 7,000 feet combine to create one of the world's preeminent locations for both scuba diving/snorkeling and sport fishing. A channel through the coral on our beachfront provides access to the Bay for boats, with a road to the beach for boats on trailers. Lomalagi is the only development on Natewa Bay.
Lomalagi is 30 minutes from the Savusavu airport, a short flight from the international airport in Nadi (on Fiji's largest island, Viti Levu). Savusavu is a waterfront town of 5,000 with grocery stores, restaurants, government offices, hardware stores, and a large open-air produce and fish market.
In Addition to the Main House the property includes 6 furnished villas; office/gift shop; dining pavilion with bar; games pavilion; kitchen and laundry; 100,000-gallon salt water pool; fresh artesian spring water; workshop; generator bunker; staff housing; Toyota Land Cruiser, a utility trailer and a Mercury 90HP outboard motor.
Our on-site manager is also a mechanic and has been at Lomalagi seven years. Most of the other staff (groundskeepers, handyman, housekeepers) are local Fijians from nearby Nasinu Village, and several of them have been there since Lomalagi opened in 1998.
Lomalagi is for sale for US $2,200,000, all cash at closing. Owners will consider all reasonable all-cash-to-seller offers. Owner financing is not available, but financing may be available from the 'FIJI Development Bank'. Owner has been advised that the sale would not be subject to Value Added Tax if the buyer establishes a company in Fiji to buy the property, but interested purchasers should obtain their own legal advice.
Additional information and photos at www.viviun.com/AD-228612/.
Inquire to John Geering - Tonga Island Properties, at jg@TongaIslandLiving.com
Phones: 510 545 4411 (land-line via Skype)
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