As the garden island’s tourism hub, Matei has long been Taveuni Island’s most coveted area for home owners seeking scenic surroundings and proximity to the local airport.
And after a spell of blank listings on its residential block, a waterfront lot has finally hit the market through Noble Realty, which has presented the Vale Todra estate for prospective investors wanting a slice on the shores of a diving haven.
“Vale Todra represents an extremely rare opportunity for homeowners or developers to acquire one of the preeminent locations in the Matei region of Taveuni,” noted the real estate agency director, Stephen Noble.
He said the estate spreads over 5.6 acres of private, peaceful oceanfront in the heart of Matei, making it ideal for a customized tropical home or in the future, as a high-end boutique hotel.
“With its wide expanse of gently sloped lawn this remarkable oceanfront parcel offers breath-taking views of the azure blue South Pacific waters and has completely unobstructed views of the world famous Somosomo Strait. The Somosomo Strait separates Taveuni and Vanua Levu and is world renowned for its soft colourful corals. The strait has almost single-handedly earned Fiji its title as the “Soft Coral Capital of the World”.
Noble confirmed that the property has already been cleared and that water lines had been installed, with the sea breezes enhance the parcel’s appeal.
He also noted that the estate already has a few select dwellings built on it, making it exempt from legislations that require foreign owners of vacant residential land to complete construction within two years of purchase.
“The existing structures are simple, and you could temporarily live in one of them as you oversee the construction of your new dream home or boutique resort hotel.”
The realtor noted that the property could also be subdivided or possibly used as a resort property, with 5.6 acres and hundreds of feet of beach frontage.
“The fertile natural abundance at Vale Todra is clearly evident upon entering the grounds. Step into a world unto itself that clearly evokes a powerful sense of place. Lava rocks, decades old, Sandalwood, mango, kavika (rose apple), carambola, tangerine, lime, pawpaw, soursop, Fiji Palm, ginger, hibiscus, and red palm adorn this exquisite landscape.
Vale Todra overlooks the Somosomo Straight and the South Pacific playground beyond; net fishermen, skimming Kite surfer’s, and water enthusiasts of all kinds provide provocative imagery plying the crystalline azure waters.”
This is the first-time for the property to be listed on the real estate market. It has an asking price of USD $995,000.