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THE CORAL IS NOW FOR SALE Please scroll down for all real estate for sale FANTASTIC LIFESTYLE WITH A GREAT INCOME
Coral Motel and Apartments is now working close to full accommodation potential with the last two & a half years showing an average occupancy rate of over 80%. The Coral is the preferred choice for a great number of people returning to Vanuatu and via referrals from our past guests, due to apartments being very large, extremely clean, self contained with full kitchen facilities and private balconies.
Our emphasis is not so much from within the tourism industry
from which we get plenty of bookings, but
rather the extended stay and longer term guests such as
business people, wor
The
Coral is conveniently located and the closest accommodation to
the International/Domestic Airports and also within easy access
of town and CBD. This is a great motivator for people to choose
us ahead of other Budget Motels/Hotels.
Coral Motel is a quiet place with no bar or restaurant to keep the guests awake late into the night with undue noise and disturbances. Although we have Vanuatu Investment Promotion Authority (VIPA) approval for both restaurant and bar facilities, we have chosen not to enter this field at this time. The Coral is in Cyberspace with its own website www.coralmotel.com and also listed with various other sights = www.tripadvisor.com www.vanuatutourism.com www.travelmaxia.com www.globetrotters.co.uk www.spto.org = just to name a few, which is adding greatly to our bookings and e-mail enquiries. We take great pride with our numerous and continual repeat bookings and bookings from personal referrals and we also take bookings from Europe and USA due to this. We are popular with tourists heading to the outer Islands and returning, due to our convenient location to both Airport and CBD. We have Municipal development approval for seven two level, one bedroom apartments to be built strategically behind our existing apartments in “terrace” style. The land area is large enough for more apartments to be built.
All kitchens are being replaced with full timber (Rosewood) on a room by room basis with seven apartments completed to date. All timber balustrades have been replaced with the best quality Vanuatu hardwood. New Fujitsu Inverter Split System Air Conditioners were fitted to the five Bay View (top floor) apartments, which has boosted occupancy further............ All maintenance carried out has been to the best standards with a “replacement where possible” policy by us and all the staff. This policy has seen us progressively move forward bringing the premises up to standard, rather than a “return to fix it again & again” mentality. We can be assured our guests have a stress free stay with us and put us at the head of their list for their next visit, if they chose to return and also recommend us to their friends, family and business associates. Recently applied coating of fresh paint externally together with painting of roof , using only the best Wattyl Solar Guard paint. A property valuation has been carried out by a 25 year Vanuatu real estate veteran, which supports the asking price for this great Tax Haven & Lifestyle business opportunity. Foreign Investment approval is in place for Restaurant & Bar Facility which we have, to date, chosen not to expand into. Leaving the way fully open for any enterprising person/s, retired, semi retired or fully active, to pursue just about any tourism or hospitality venture they wish. All real estate in Vanuatu is a "Lease System" and has a lot of protections in place for foreign investors. The Coral Motel has a new land lease extension from the originally issued 50 years to 75 years, issued by Vanuatu Lands Department. The sale price includes all lands, buildings, stock (extensive), back up stock, plant equipment & the excellent goodwill associated with Coral Motel & Apartments. Please E-MAIL or phone +678 7743465 for more information about this "once in a lifetime" Tax Haven opportunity................... FANTASTIC LIFESTYLE, SEMI RETIREMENT or RETIREMENT OPPORTUNITY with a GREAT LIFESTYLE ATTACHED All inclusive walk in-walk out, running smoothly with substantial and ongoing forward bookings plus a stress free lifestyle. AUD$1,970,000 net. Currency Converter Ta |
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LAND FOR SALE (4000m2) This is a beautiful, fertile 4,000M2 rectangular block with a very gentle slope permitting spectacular, sweeping 160 degree ocean views, plus rural views. Views will never be built out and the cooling south easterly breezes are constantly drifting across the land, just waiting for a lucky person to build their dream home in this tropical island paradise. Walking distance to Tamanu Beach Resort with its great food and fantastic beach. Power, water and phone is already connected to the block. This spectacular block is only a short 15 minute drive south of Port Vila and for sale now for only .................... AUD $89,000
Contact owner direct by phoning +678
7743465
or
E-MAIL
now..... Currency Converter=
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Phone: +678 24755 ---------------------------------------------------------------------------------- BELLEVUE ESTATE, PORT VILA Great piece of residential land in the sought after & upmarket area of Port Vila, Bellevue Estate. With all quality homes being built, beautiful views and with the cooling south easterly breezes sweeping gently over the estate, this is an opportunity not to be missed. Close to Port Vila CBD, University of South Pacific and all the attractions Vanuatu has to offer, this block of land is an ideal investment in your retirement or rental income future. NOT TO BE MISSED. Scroll down to view all photos.......... AUD $87,500 Contact me direct by phoning +678 7743465 or EMAIL NOW
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THE POTENTIAL VIEWS.
QUALITY HOUSING ALL AROUND.
ABUNDANT FRUIT GROWING WILD.
BEAUTIFUL SHADE TREES ABOUND. Contact phone +678 7743465 or EMAIL NOW
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kers on employment contracts, religious
groups, missionaries, etc. This
shift has been a deliberate tactic by us, enabling us to move
away
from the “over servicing” of the tourist market and filling
a void which we saw as evident from our first days in Vanuatu.
This shift has seen a significant increase in occupancy which is
averaging at 80% per annum.
All
10 apartments plus the manager's residence have had full
bathroom re-builds/renovations & the 10 apartments freshened up
with new paint, new furniture, linen, new gas
stoves, 2-door
fridges, TV’s & new drapes. We have cable TV system
installed plus a hotel DVD channel and carry an extremely
comprehensive DVD library, all of which is controlled from the
manager’s residence adjacent to the main office. 
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