ESPIRITU SANTO - VANUATU - AUD$60M - 75% CONTRACOIN CTCN

$ AUD 50,000,000
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Port Vila
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Description
ESPIRITU SANTO - VANUATU - AUD$60M - 75% CONTRACOIN CTCN

“23 hectares of one of the most sort after development properties in the South Pacific”
Perhaps the most undervalued investment in the Pacific: Espiritu Santo more so than any other island in Vanuatu, is poised for greatness. In so many ways Espiritu Santo should have been the main hub and capital city of Vanuatu.
Espiritu Santo is a romantic and idyllic destination. No five star resorts or large high rise buildings, instead -kilometres of beautiful reef and sandy beach to explore, Wreck diving, fishing, bush walks and blue holes, friendly people and relaxed pace of life – Espiritu Santo has it all.
Subdivisions and land development are relatively new phenomena in Espiritu Santo with the first bare land subdivisions taking place no more than a decade ago.

The first regular tourists to the island were undoubtedly the yachties attracted by the same safe anchorage in Luganville that attracted the US Marines in the 1940's. Even today Espiritu Santo remains a popular spot on a sailor's itinerary of the South Pacific, attracted by the privacy, beauty and the many unpopulated and beautiful islands in the vicinity that can be explored by boat.

Outlook for Espiritu Santo
The outlook for real estate in Espiritu Santo is very positive by all accounts and commentaries. While the rest of the world learns free market, capitalism sometimes comes with a price more and more people are looking to the fertile and beautiful lands of Santo for solitude, adventure, security and nature’s bounty. There can't be many better places in the world to relax and play than Espiritu Santo.

This development property is priced at AUD$60M with the seller accepting AUD$15M cash plus AUD$45M Contracoin CTCN (75%) (There is a Current Westpac Valuation AUD$63M available)

The AUD$45M Contracoin can be advanced interest free to approved purchaser, enquire today!
Property for
Sale
Lot Size
23 ha
Garage
No
Posted
Aug 02, 2022
Location
Country
Vanuatu
State/Region/Province
Shefa Province
City
Port Vila
Address
Palikulo Bay
ZIP code
1234
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Reference Number
RF974854
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