Nukuloaloa Estate
Wailevu East, Northern, Fiji
Traditional

Property Type(s): Residential
Additional Types: Land, Luxury, Waterfront

For Sale by Owner marketed by RealtyHive. The Nukuloaloa estate is an absolute FREEHOLD Beachfront estate, on the island of Vanua Levu. The estate is 130 acres in 7 titles, with a beautiful sandy beachfront of approx. 150 meters, located 20 kilometers (20 minutes drive) from Savusavu town via a tar-sealed highway. There are no rates payable. Savusavu has banks, a post office, restaurants, cafes and hospital facilities, etc. The island of Vanua Levu is 45 minutes flight from Nadi and there are 3/4 flights daily. There is a fresh water spring on the property, next to the house, providing unlimited clean drinking water. There is mains electricity and bottled gas is used for cooking and hot water. There is also a stream on the property. Landline telephone, mobile reception, internet and satellite TV are available. There are many coconut trees, papaya, banana, pineapple and a great variety of flowers and other tropical trees on the property. The soil is very fertile and almost anything w...

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For Sale by Owner marketed by RealtyHive. The Nukuloaloa estate is an absolute FREEHOLD Beachfront estate, on the island of Vanua Levu. The estate is 130 acres in 7 titles, with a beautiful sandy beachfront of approx. 150 meters, located 20 kilometers (20 minutes drive) from Savusavu town via a tar-sealed highway. There are no rates payable. Savusavu has banks, a post office, restaurants, cafes and hospital facilities, etc. The island of Vanua Levu is 45 minutes flight from Nadi and there are 3/4 flights daily. There is a fresh water spring on the property, next to the house, providing unlimited clean drinking water. There is mains electricity and bottled gas is used for cooking and hot water. There is also a stream on the property. Landline telephone, mobile reception, internet and satellite TV are available. There are many coconut trees, papaya, banana, pineapple and a great variety of flowers and other tropical trees on the property. The soil is very fertile and almost anything will grow without the use of fertilizer, ideal for a self sufficient lifestyle. There is very good fishing to be had, just in front of the property, and a larger fish can be caught just a ten minute boat ride away.

The main house is a well built timber home, fully furnished, of 2 bedrooms, 2 bathrooms, 2 toilets, a living room and a well appointed kitchen, with verandas in front and back of the house. The large caretakers house is 2 bedroom, 1 bathroom, 1 toilet, kitchen and living room with a veranda in front. There is also a small one bedroom, caretakers unit. All of the buildings are currently being fully refurbished. There are many other sites on this property, including hilltop sites, that could be used to build exclusive residences, an eco lodge, small resort or subdivide and recover your buying costs.

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Tips for Buying a Home

So you’ve decided to buy a home? Congrats, that’s great!
Here are some great tips to get you on your way to home ownership.

1. Determine Your Budget & Save

Take into account the average down-payment is 10%. 10% is not required, but the loan amount and approval will fluctuate depending on the percentage you put down. Determine how much you can pay for your monthly mortgage. Outline your expenses and be honest with yourself about what you can reasonably afford. Also, ask yourself what happens if you lose your job? Or if you’re part of a couple, what happens if your spouse loses their job?

2. Secure a Loan

Once you’ve got your budget in order, it’s time to go shopping for a loan. Visit multiple lenders to weigh your options and find the best deal. Each bank will determine if you are eligible and at what interest rate you will be charged. based on your financial situation. Make sure to ask questions such as what the breakdown of the monthly payments will be once you have made your down payment, how the loan term will affect your monthly payments, whether or not the interest rate is fixed or variable, if home insurance or any other services are included within the home purchase amount.

3. Be Prepared

Have a current Pre-qualification letter and good faith deposit funds available. Technology makes it easier than ever for your real estate agent to draft and transmit a purchase offer back and forth for your signatures. But, this is only one piece of the puzzle. You also need a current pre-qualification letter, and ready access to your good faith deposit. This can be obtained from the bank and confirms their willingness to give you a loan. Most sellers won’t accept a letter that’s more than three months old. If your home search lasts for more than three months, you’ll need an updated pre-qualification letter. When you submit your offer, it must include a check for the good faith deposit. Generally, good faith is at least 3% of the purchase price. This check will be deposited into an escrow account within three days of an accepted offer.

4. Stay Informed

Always make sure to do your homework and learn the history on a property you are interested in. Does the neighborhood have a high crime rate or a new highway/major road being constructed nearby that could be affecting the price? Is the heating, plumbing, roofing and window work in good condition? Those hidden problems can lead to major expenses in the future - post purchase. Ask your realtor for a property condition report and and see if the home comes pre-inspected. If not, we highly recommended to get and inspection before the purchase is complete. Being “in-the-know” and taking the extra steps can save you money and headaches in the long run.

List Price:
$1,995,000

By placeing an offer, you are agreeing to the terms & conditions of the traditional sales process.

Wondering how the traditional process works?
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This property is a For Sale by Owner listing.

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