Buying a piece of property in another country is a good strategy for diversifying your investment portfolio. But this isn’t like investing in a property or land in your own country. An investment in a property abroad requires active, ongoing management and administration, which includes visit to the property at irregular intervals.
Many people who travelled abroad have felt the temptation to purchase a property abroad. Buying a property abroad comes with a good amount of challenges. The key things to remember is to do your research thoroughly, learn about local and national market, take some qualified advice from experts etc.
In a similar way if you are planning to own a property in Fiji Islands then you should consider the above things. You can even consult a Fiji real estate agency for buying a property in Fiji. Real estate agencies in Fiji can guide you in buying villas, houses and commercial properties at a cheap rate. They can make sure that such properties have shopping centers, hospitals cafes and restaurants near them. Moreover, they can make you aware about the different types of land regulations that exit in Fiji.
Fiji island comprises of 333 picture perfect islands. They are situated in the South Pacific Ocean. Scuba diving, rafting, surfing and fishing are some of the water sports which tourists enjoy here.
Foreigners to own a property in Fiji island, need to become a permanent resident in Fiji. There are three types of land in Fiji, they are Fiji freehold land, native land and Crown land. Approximately 9% of the land in Fiji are freehold. Foreigners even need to take permission from Fiji Trade and Investment board (FTIB) before owning a property in Fiji.
Fiji land sales are always open for foreigners, and the countries legislation allows them to buy almost any property in Fiji Islands. So if they have funds with them, they can even buy properties in Fiji’s capital Suva, where properties are very expensive. Contact us to buy a property in Fiji at affordable prices in the market.