Naisoso Island to Refund Stamp Duty for Buyers


Naisoso Island to Refund Stamp Duty for Buyers

Naisoso Island developer, Mr Bob Lowres, has today announced that all Stamp Duty payments will be refunded to buyers who purchase and settle by February 29, 2016.

This exceptional stamp duty return has already piqued interest from investors, and combined with the Fijian Government’s recent VAT reduction to nine percent from 15 percent, buyers will be able to save up to $151,147on idyllic beachfront lots and $88,119 for peaceful riverfront lots.

“Now is the time for investors to buy at Naisoso and build their dream home,” Mr Lowres noted. There are less than 30 blocks remaining on the private island, with anticipation for their sell out as soon as possible.

“For buyers that can service a loan but don’t quite have enough for the upfront deposit, stamp duty and VAT costs, this is a great way to get started and save tens of thousands of dollars. In most cases banks won’t lend on the VAT and Stamp Duty so this is a great head start” Mr Lowres added.

A 24-hour security system and opulent villas has given the gated community all the trappings of an upmarket residential precinct, but without the noise and traffic of commercialized centres such as Denarau.Savvy property buyers have also taken advantage of favourable markets in the past few months by purchasing premium lots at unmatched prices, and as a mecca for villa owners leasing their property, Naisoso’s upmarket homes have received strong short-term rental returns.

Further enquiries can be made on, or by calling +679 675 0172.

November 25, 2016

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