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Key selling points
- Massive 20% discount
- Currently ROI at 11%, predicted rising to 14%
- Personal income is tax-free in Vanuatu, no CGT, no visa hassles
- Perfect tropical climate: average temperatures range 25-29°C
- Investors can enjoy their bure any time, as long as they wish
- Management with 25 years' experience; 6 years' proven cash-flow
A Pacific Paradise for Investors
Mangoes Resort in Vanuatu is a unique opportunity on an idyllic island location
For the savvy investor, what could be better than owning a property in a tropical paradise, a tax-free haven in a stable economic environment where tourism is rapidly expanding?
Friendly people, a peaceful environment, breathtaking scenery, and above all, a steadily growing economy are just some of Vanuatu’s desirable characteristics.
Mangoes Resort has an established 6-year trading history and comprises only 20 Bures, a 60-cover restaurant and bar, 2 swimming pools and extensive tropical gardens. A refit is currently underway with approximately AUS $300,000 worth of leather furniture, LCD televisions, bed linen and artwork ordered for the restaurant and bures. A further budget has been allocated for re-painting, constructing a new barbecue deck and a day spa (including a Balinese style massage pavilion), additional gardens and a further swimming pool.
Availability
We have only five 1-bed bures (self-contained villas), ready for immediate purchase.
Cost is AUS $181,900 (UKÂŁ approx. ÂŁ70,000, includes local stamp duty of 7%). The National Bank in Vanuatu will finance up to 80% of the purchase price.
Costs
5% refundable deposit, plus ÂŁ1,500 arrangement fee. Balance of 15% on completion.
10 reasons to invest in Mangoes Resort
1. Massive 20% discount.
2. Currently returning 11%, with ROI predicted rising to 14%, even at 75% occupancy.
3. The complex is set amidst lush, established tropical flower gardens and crystal clear pools with mangoes, coconuts and paw paw growing naturally. Fantastic location, less than 1000m from town, less than 10 minutes drive from the international airport, yet quietly cocooned, with a stunning cliff-top position, safe from any tidal surges, and offering views over the Erakor lagoon.
4. All personal income is tax-free in Vanuatu, and there is no capital gains tax, wealth tax, death duties, tax returns, and no visa hassles.
5. Vanuatu has the perfect tropical climate: average temperatures range 25-29°C year-round.
6. Investors are free to enjoy their bure at any time, for as long as they wish.
7. Strong experienced management with 25 years experience and 6 year proven cash-flow.
8. The resort has a significant competitive advantage being child-free, quiet, of a boutique size, offering superior accommodation, cuisine and service, and affordable.
9. Full furnishing is included in the price
10. Capital appreciation – demand for waterfront quality property drives up asset values.
Specification
The spacious, beautifully-appointed bures are all approximately 40m2 and divided into 4 areas: living, sleeping, bathroom and balcony, they sit on a lot of approximately 100m2. Construction is of solid plastered concrete block, with steel roofing – all long-lasting permanent materials.
Features include a high-pitched timber ceiling, doors and windows crafted of solid rosewood and fully-tiled bathrooms with large showers. Balconies either look out over the tropical gardens, one of the two pools, or across and down to the Erakor Lagoon. The Bures have been designed to capture through breezes, keeping them cool during the heat of the day.
Why Vanuatu?
Economic and Political Stability
• A recent Asian Development Bank report highlighted favourable economic factors; specifically it mentioned GDP of 3.1%, inflation at less than 1%, decreasing external debt, and a budget surplus.
• A US $65,000,000 grant has been secured, to fund development projects in Vanuatu.
• A further $25,000,000 has been spent on Vanuatu’s aviation infrastructure over the past 5 years.
Financial Incentives
Vanuatu is an Offshore Finance Centre, offering from an investment perspective a very favourable taxation environment. There is no income tax, no capital gains tax, no company tax, no estate duties or foreign exchange controls, and no reporting requirements in relation to the movement of funds.
Tourism Attractors
• 12 weekly flights from Australia and New Zealand – just over 2 hours from Australia and just under 3 hours from New Zealand make it one of the closest island destinations for both markets.
• Affordability of airfares and easy access fit the growing demand for short-break holidays, corporate incentives and romantic escapes.
• A three-fold increase in government tourism-marketing spending in the last 3 years.
• A 30% increase in tourism in the last 2 years.
• Some of the Pacific’s best diving, fishing and sailing, and the glorious weather fuel the obvious future growth of these beautiful islands.
• The fusion of British, French and Ni-Vanuatu culture. The fabulous seafood, organic beef, tropical fruits and talented local chefs make the local restaurants a real draw.
• The opening of the new Grand Casino in Port Vila.
Vanuatu is one of the few destinations offering this blue-chip opportunity at such an affordable entry level.
This opportunity will not last long.
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