Dreams do come true…
Tropical island waterfront land sale
Espiegle Bay beach – 1 minute’s walk from the estate
Stage one of Malekula 🌴️ Palms estate Espiegle Bay is now released for sale!
Comprising 8 lots from 800 sq mtr to a little over 1000 m² per lot
From US$39,950 to US$49,950 per lot
The development company which has been promoting the 1 acre Malekula farmlets project has been sitting on this approval for 2 1/2 years waiting to release it, but held back by the coronavirus pandemic.
With all of Vanuatu in the process of being vaccinated as well as all of Australia, it appears that commercial flights will start again sometime in 2022 if not before.
Compelling infrastructure development to encourage international investors!
We’ve can confirm that the government is spending $19 million on a hydropower project located to the south of our subdivision which will provide power for the whole island at a lower cost and we have been informed that the extension of the power grid will be coming down to Espiegle Bay By July 2022.
Natural untouched beach environment
Only 1 minute’s walk from the estate
We also confirm that the Vanuatu government has confirmed that a $15-$20 million upgrade to the existing Malekula tarmac will be going forward to allow international flights to be able to land and cargo flights for export.
We can confirm that the government has bought the existing airport land from the landowners and that plans have been drawn up For the tarmac upgrade as well as a new terminal. We cannot confirm the start date but it is expected to be 2022.
We can also confirm that the government received a grant of $60 million for the upgrading of the roads on Malekula Island and on Tanna island.
They have just recently finished the upgrade on Tanna and have started stage two of the upgrading on Malekula. And have established several construction camps This work has been contracted to the Chinese construction company.
We are releasing Stage 1
Comprising eight lots described as unserviced blocks of land at this point of time and the price reflects that status.
However it will be administered with a body corporate for ongoing maintenance of road and eventually water supply.
View from beach of the Malekula 🌴️ Palms actual estate waterfront boundary…
With the advent of mains power being accessed at the project this obviously would increase the value of the property.
Invest now at affordable pricing!
100% Bitcoin accepted subject to conditions.
10% Qoin, Bartercard, BBX – accepted as deposit, balance in cash or independent finance broker personal loan.
Balance finance available to approved applicants via independent finance broker, who can provide finance over seven years to approved applicants.
There are government charges with purchasing property in Vanuatu which is 2% stamp duty 5% registration fee. Legal conveyancing fee is US$500.