Palikulo, Espiritu Santo, Vanuatu
$900,000 / ₿9.089
Property ID:
CR-77629
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 but instead kilometres of beautiful reef and sandy beach to explore, often without another soul in sight. Wreck diving, fishing, bush walks and blue holes, friendly people and a relaxed pace of life – Espiritu Santo has it all.
What we have is a growing range of bare land and improved land on offer, all of which is still substantially undervalued by global standards and still represents exceptional value when compared to similar property in Port Vila. Furthermore, the quality of ocean frontage is superior in many cases to what can be found on Efate.
Popular areas for investment include the east coast, as well as Aore Island (formally a playground for the US troops during the war), which is located only a stone’s throw from Luganville town. For beachfront lots the typical size is 6000m2 (1.5 acre) with frontages between 30-40m in width. Many investors are now building permanent or occasional waterfront homes and the building and construction industry has been gearing up to meet the demand.
52 Lots available plus 3 resort sites pekoacoast.com pricing starts at Approx. AUD 900,000 each.