18 Mar 2022
Words Staff Writers The Hotel Conversation

Coco Beach Resort Vanuatu for sale by ResortBrokers

ResortBrokers founder and chairman Ian Crooks says opportunities such as Coco Beach Resort could be just the ticket for Australians searching for a sea change under three hours’ flight from Brisbane.

Astute Australian investors who have been priced out of the frenzied coastal residential market can buy an entire Vanuatu resort with its own private beach for the same price tag as an Aussie beach house.

ResortBrokers founder and chairman Ian Crooks says opportunities such as Coco Beach Resort could be just the ticket for Australians searching for a sea change under three hours’ flight from Brisbane.

“I’ve sold 10 Vanuatu resorts over the past 25 years and it is an attractive South Pacific destination for a number of reasons,” Mr Crooks says.

“Invest Vanuatu - the country’s foreign investment promotion agency - cites access to global markets; a strong finance sector; low tax; and supportive government policies as solid reasons to buy in this market.

“It is also home to two world-class international ports; improved road networks; international flights; and efficient utility services as well as more than 80 per cent digital telecommunications coverage domestically, making doing business easy, according to Invest Vanuatu.

“Recent stats from CoreLogic have seen the median house value in Byron Bay increase to $2.2 million. For comparatively little more, you can own an entire resort in Vanuatu.”

Coco Beach Resort, on the market with ResortBrokers for $2.95 million, has 15 free-standing traditional style fares complete with high thatched roofs and hardwood louvered windows.

Situated just 15 minutes from the Vanuatu capital of Port Vila, this romantic resort is set amid lush landscaped tropical gardens and its own white sandy beach.

Other highlights include: waterfront restaurant and bar; pool and poolside bar; snorkelling gear; fishing equipment; kayaks and stand-up paddleboards; umbrellas and sun lounges; laundry services; tour desk; and car parking.

According to World Bank data, pre-covid, international tourism arrival numbers into Vanuatu sat at 350,000, up from 82,000 in 1995.*