Property Description
Koro Sun Resort is located 15 minutes from Savusavu Airport and just a 50-minute flight from Nadi International Airport. Located in Savusavu on the northern island of Vanua Levu, Koro Sun Resort is situated on a private lagoon and offers more than 150 acres of freehold land – a rarity in Fiji where only 7% of land holdings are freehold tenure.
The resort is surrounded by natural vegetation and fronts the Koro Sea to the south and lush virgin rainforest/ mountain ranges to the north. The resort has been recently awarded the Top Deluxe Accommodation at the prestigious AON awards in Fiji 2014.
The award winning 4.5 star retreat comprises a unique offering of 3 restaurants and 4 bars, a nine-hole barefoot or pitch-n-putt golf course, 56 guest rooms, 3 swimming pools, 2 tennis courts, activities center, dive center, recreational center/kids club and marina. With extensive shore access to the tranquil Koro Bay Lagoon, the 43 rooms include 10 stunning new Edgewater Bures and a further 6 villas with direct lagoon access.
Koro Sun Resort is set within a coconut plantation that's encircled by rainforest at the edge of a private lagoon and marina. The area is cherished by travelers for its tropical surroundings and warm, crystal-clear waters.
Property Details
Property Type
Resort
Land Type
Freehold Land
Size
150 Acres
In addition to the established reputation and income stream, Koro Sun Resort presently includes lots available and ready to market for sale as well as numerous future development opportunities-including expansion of the accommodations, for which a master plan and local planning approvals are already in place. Further residential subdivision is also possible, subject to approvals.
Koro Sun is located in a TFR or Tax Free Region which is a rarity in Fiji. This opportunity offers exemptions from income tax for 13 consecutive fiscal years with capital investment above FJD$2,000,000. This applies to any newly incorporated business.
Property Location
Hibiscus Hwy, Savusavu, Fiji