Nasama Resort for sale, planned and built by Paul Vogelsberger in 2012, stands as a testament to excellence in real estate development.
Vogelsberger's vision was born from a desire to cater to discerning investors seeking both financial returns and holiday escapes. This led to the creation of fully furnished, managed strata-titled apartments - an innovative solution that garnered immediate success, with 19 units sold within the first month of opening.
Named after the local dialect's word for "Outrigger", Nasama Resort was meticulously crafted to withstand the fiercest storms, as evidenced by its resilience during Cyclone Pam in 2015. While other properties succumbed to the elements, Nasama Resort remained standing, providing shelter to guests and aiding relief efforts in the aftermath.
Since then, Nasama Resort has maintained high occupancy rates and cultivated a loyal clientele, adapting during challenging times such as the COVID-19 pandemic, by transitioning into long and mid-term accommodations, advised Paul Vogelsberger.
Post-pandemic, Nasama has continued its upward trajectory, with its two restaurants, Café Vila and Three Pigs, earning accolades and becoming local favourites within months of re-opening, said Paul Vogelsberger.
Now, the owners are offering the entire resort or partial ownership, providing numerous investment options. Whether for established corporate groups seeking expansion into the Pacific or individuals desiring an exciting venture in an exotic locale, Nasama Resort presents a unique opportunity for growth and profit.
Nasama Resort comprises 43 luxurious apartments set on a sprawling 17,292m² beachfront parcel, just 10 minutes from Port Vila CBD. With only half the land developed, there is ample space for further expansion.
Each building holds its own title, allowing for individual sales if desired. Mr Paul Vogelsberger said the offering includes:
- 30 Studio Apartments (57m²)
- 6 One-Bedroom Apartments (88m²)
- 7 Two-Bedroom Apartments (114m²)
- Two Thriving Restaurants: The Three Pigs and Café Vila
- Land Area: 17,298m² (approx)
- Strata Title Development Approval
- Leasehold Land with 63-Year Term and option for another 75 years.
- Low Land Rent: USD 5,500 per year for the whole property (increases by 2.5% annually)
- Additional Amenities: Laundry, Reception, Massage House, BBQ House, Infinity Pool, Kids Pool
- Any purchaser would also have the option to acquire the adjacent oceanfront land that would extend the ocean frontage by 52.67 meters and increase the land area by 3,711 m². This block of land is zoned for Commercial and Tourism development.
- Important, please note all measurements, areas, distances and dimensions are approximate.
The assets are held by two companies:
IPM Ltd (management and restaurant operations) and Outrigger Ltd (real estate development)
Outrigger owns 24 apartments, while the remaining 19 are held by five individual owners, who are open to selling.
Paul Vogelsberger added, “Subjet to approvals, purchasing Nasama Resort grants eligibility for an Investment Visa for a VAT-paying going concern, along with work permits for operating the business”.
Represented and presented by the Owner with Courtesy to Brokers. For further enquiries, please contact Paul Vogelsberger via the below contact details.
