Find Property and Real Estate expertise in Fiji
The property and real estate market contributed around 1% to Fiji’s GDP consistently for the five years between 2005-2010. Problems in this sector include weak property rights, and while foreign ownership of real estate is technically allowed, leasing is the norm. Fiji ranks 52 out of 183 in the registering property section of the World Bank’s Doing Business Index. The government has initiated the Walia City project in order to promote new activity in this sector as well as allocating FJ$10 million to low income families towards the payment for purchase of their first home, as informal settlements are common in the main islands.
The Housing Authority of Fiji is responsible for the sale and rent of many affordable houses in the country, while realtors such as Ragglands & Fiji Estates cater to the higher end of the market. The Real Estate Agents Licensing Board (REALB) regulates this industry.
|Property and Real Estate organisations in Fiji|
|Denarau Real Estate||