Fiji's Nacula Island ranks among the most beautiful tropical islands on Earth – with pristine white sand beaches, secluded coves and lagoons, a hilly interior for fantastic hiking, and crystal clear blue waters offshore, teeming with sea life for incredible diving and snorkelling.
Now you can seize upon an exciting new development opportunity at Nacula Island's Balawi Beach, arguably the most stunning beach in all of Fiji. Located less than 50 miles from the Fijian mainland in the Yasawa archipelago, this unique project consists of adjacent resort and residential properties, each just under 20 acres in size, that together offer over a mile of extraordinary beach frontage.
The current owners are seeking expressions of interest from resort investors, developers or operators for the development of both the resort and residential beachfront lots. The undeveloped resort property is for sale in its entirety, while the residential property is simultaneously available as part of a joint venture agreement with the current owners. Residential villas will be independently owned under resort management, offering extra return on investment from both the sale of the land and the building of the villas.
Balawi Beach’s integrated resort configuration can be custom tailored. The current configuration consists of a 5-star resort with 23 cottages, complemented by 22 beachfront residential villas. A larger 55-cottage 5-star resort is also under consideration and a standing offer for a hotel management agreement exists from one of the world’s largest hotel groups (US-based) which would make Balawi Beach Resort their only 5-star property in Fiji.
Each residential villa will sit on a half-acre lot, with more than 130 feet of exclusive white sand beachfront. Villa owners will have the option to lease back to the resort, potentially providing even more 5-star accommodation.
Also included is a separate deep water access area, suitable for a wharf and utility buildings, and areas set aside for communal restaurant, spa, sports, medical and other facilities.
Balawi Beach's current owners are tourism industry experts with a proven track record of overseeing successful large projects in Fiji. Mr Errol Fifer is one of the founding fathers of Fiji tourism. He was a Director of the Fiji Hotel Association for a number of years. In 2007 he received the Fiji Visionary Award for his extensive experience, knowledge and vision in creating world class resorts in the Fiji Islands. Securing this incredible location for development has been a journey spanning more than two decades since he identified its unique potential. Mr Hamish Fraser, the other owner, is an economist and finance expert who is based in Europe. The owners forecast that recovery of all costs outlaid can be achieved in less than 5 years.
Key approvals for Balawi Beach are already in place, and an industry-leading design, construction, and project management team has been assembled to skilfully steer it through the development and completion phases.
