speight replied to the topic Fiji Property in the forum Overseas Deals 18 years ago
kp
I am now living in Australia but travel back to see family living in Nadi and have only been as far around as Sigatoka in the last few years. I used to go to Suva a lot as my mum was living there for awhile so probably not the best to ask as a bit might have changed.
In regards to Nausori it is interesting you say they have built an expat…[Read more]speight replied to the topic Fiji Property in the forum Overseas Deals 18 years ago
DLPP
For a veteran forum contributor you actually achieve nothing constructive. My name is Luke I have never met Batch nor do I know tha person. Read my posts I do not paint a rosy pic of Fiji. The reason I said I will invest there is because it is where my family is living. I really would not buy any foreshore/resort investment personally yet I…[Read more]
speight replied to the topic Fiji Property in the forum Overseas Deals 18 years ago
Grossrelisations I agree with most of what you said in regards to Fiji being reasonably volatile politically due to minority rule over a slight majority. If as I beleive will happen the great council of cheifs will recommend to the president to ask the head of the army to step down. Things could get ugly etc etc tourism could drop. Resorts and…[Read more]
speight replied to the topic Fiji Property in the forum Overseas Deals 18 years ago
Just to add back into this discussion. Knowing Fiji quite well as I grew up there and family still live there. The media has definately hyped this one up early yet it is not to say that something will not happen.
You forgot to mention Batch that it isn’t just the amnesty that the army is peeved about but the fact (and most important to this…[Read more]speight replied to the topic Fiji Property in the forum Overseas Deals 18 years ago
Just be careful as the Fijian government is gearing up with capital gains tax and foreshore native/freehold titles is an issue. Selling a freehold property is sometimes difficult with the seller usually having to clear/pay back dated tax laws.
Denerau was a smash hit with land initially offered around 100K and houses only a little while later…[Read more]
speight replied to the topic Property Management Costs in the forum General Property 18 years ago
In the Real Estate Institute of Queensland’s ‘Property Management Agreement’ form it is split into Rent collection commission and a management fee. So you could say that the overall fee is 8% of the weekly rent.