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The Residences at Paradise Cove

We have six different designs and sizes to choose from, on eight different sites around the Island, that you can choose from.

Starting from a hotel room size right up to a 5 bedroom two story home for your whole family.

The villas are built in our island factory in modular format, they are transported to the site, and then welded to the foundations, this method allows us to build and finish to 90%, and then transport, and complete the remaining work onsite. Using this method allows for very little disturbance for existing villa owners.

The Villa modules are constructed out of steel, and then timber framed inside the steel box, this creates a very strong storm- proof capsule.

You can purchase your home and place it into the hotel room rental pool, and then earn a great return on your investment, deciding on how many weeks you wish to use it a year yourself, and then allowing us to sell the rest of the unused time for your benefit.

You can see the lot layouts here. And the villa designs here. If you are interested to find out more please click

this link and we will reach out to you.

What Villa Options are there and the cost?

There are six designs

1) Hotel Room with bathroom and kitchenette 22m2 (sleeps two ) from $449,000 FJD + VAT.

2) One Bedroom Studio with large bathroom and larger kitchenette, washer/dryer 45m2 ( sleeps two) from $799,000 FJD +VAT.

3) One Bedroom Villa with full kitchen and lounge and large bathroom 90m2 ( sleeps up to four with sofa bed ) from $1,299,000 FJD +VAT.

4) Two Bedroom Villa with full kitchen, lounge, two large bathrooms, full laundry, powder room 135m2 ( sleeps up to eight with a king, a split king, a sofa bed, and a murphy bunk bed) from $1,899,000 FJD + VAT.

5) Three Bedroom Villa (2 levels) with full kitchen, dining room, two large lounge areas, three bedrooms and three large bathrooms, full laundry, powder room, 270m2 ( sleeps up to twelve with a king bed, two split kings, two murphy beds, two sofa beds) from $3,199,000 FJD + VAT.

6) Five Bedroom Villa (2 levels) with a full kitchen, dining room, three lounges, five bedrooms and four bathrooms, two laundries, and powder room ( Sleeps up to 18 ) 363m2 from $4,399,000 FJD + VAT.

How do I secure a Villa and what's the best ownership structure?

To secure a villa you choose the location you desire, and a villa that fits your budget, you sign a sale and purchase agreement, and then pay a 10% deposit, within three months you settle on the lot, and you make progress payments for the construction, and the furniture package, and once complete the certificate of completion is issued, and then you can occupy your villa.

If you plan to put your villa in the rental pool and generate income when you are not using it. We suggest a local limited liability company, as the best holding structure. It is also generally possible to get financing for this sort of development from ANZ or Westpac.

What am I purchasing?

Most land in Fiji is leasehold so you are purchasing a sublease for the lot your villa is built on, this lease is until 2099, with a likely rollover for another 100 years if the local landowners do not purchase the villa from you at a fair market value. You are also purchasing the structure, and the furniture and fittings.

Am I able to design my own villa, or pick my own furnishings?

The villa designs are fixed, and the color schemes are also fixed, as is the furniture package. You are only able to choose the location and the size of the villa you want to own.

Can I earn income from my Villa?

It is possible to sign a management agreement with Paradise Cove Resort, and then have your villa added to the letting pool, and then you can earn income from the room nights you don't use for your friends and family. The revenue is split 50/50 after commissions, management fees, advertising, VAT, operating expenses, land rent, insurance, and any repair costs are deducted.

Who looks after my Villa when I am not there?

If you choose not to put your Villa in the rental pool then you will sign a maintenance agreement with Paradise Cove Resort, and then Paradise Cove will look after and maintain your villa on your behalf.

What costs are there when I use my Villa?

The costs associated with villa ownership are :

1) Maintenance costs ( annual fund for future repairs)

2) Operating Costs ( annual costs for your share of maintaining common areas, and consumables )

3) Daily Resort fee when you stay for provision of housekeeping and consumables from $69 USD a day.

4) Ancillary services ( things you purchase during your stay like meals, drinks, shopping, activities, resort transfers to the island ) these, and the daily resort fee are paid at checkout.

How often can I use my Villa?

If you are not in the rental pool, you can use your villa year-round, you are just not allowed to operate it commercially ( ie no independent Airbnb etc.)

If you place your Villa in the rental pool you are allowed 10 weeks a year of personal use, 4 weeks in the high season (1st April - October 31st, Dec 20th - January 14th), and 6 weeks in the shoulder season (1st Nov - 19th Dec, Jan 15th - March 31st).

What services and facilities will there be for Villa owners?

Villa owners will have access to all existing resort areas and dining options, both on the main island, and the island next door which will have another hotel built on it in the next few years.

We will be building a large beach club, and at least seven more restaurants, which will include a fine-dining Japanese outlet, Tepanyaki tables, an Irish sports bar, a steak house, a patisserie, and beach restaurants x two.

We will also build a supermarket for villa owners to shop for food and supplies for their Villa, along with some retail outlets for shopping.

We will add a public pool area with a clubhouse for villa owners to use for functions, and some spa, kids club, and outdoor activity areas, like pickle ball, basketball, tennis, and golf driving range.

We will also offer an electric transport service for all villa owners and guests to access all the beaches and facilities on the island.

Rooms View all

Lodge Room
Budget

NZD$145 (AUD$135, USD$90). A fully air-conditioned bunk room with double on the bottom and single on the top. Enjoy the hand crafted local furnishings...

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$ 145 Per Night

Garden Bungalow
Garden

Low Season from NZ$399(AUD$367, USD$247) (5 night stay minimum for the low season rate), High Season NZD$559 (AUD$514, USD$346). A spacious, fully air...

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$ 399 Per Night

Paradise Garden Bungalow
Garden

Low Season from NZ$469 (AUD$430, USD$289)(5 night stay minimum for the low season rate), High Season NZD$669 (AUD$615, USD$414). Features the resort's...

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$ 469 Per Night

Cove Villa
Family Villas

Low Season from NZ$599 (AUD$547, USD$369)(5 night stay minimum for the low season rate), High Season NZD$859 (AUD$785, USD$529). Situated in the 'The ...

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$ 599 Per Night

One Bedroom Beachfront Villa
Family Villas

Low Season from NZ$899 (AUD$820, USD$555)(5 night stay minimum for the low season rate), High Season NZD$1289 (AUD$1178, USD$795). The One bedroom Bea...

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$ 899 Per Night

Two Bedroom Garden Villas
Family Villas

Low Season from NZ$899 (AUD$820, USD$555)(5 night stay minimum for the low season rate), High Season NZD$1289 (AUD$1178, USD$795). The two bedroom Gar...

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$ 899 Per Night

Paradise Suite
Couples

Low Season from NZ$999 (AUD$913, USD$615)(5 night stay minimum for the low season rate), High Season NZD$1439 (AUD$1315, USD$889). Situated beachfront...

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$ 999 Per Night

Two Bedroom Beachfront Villas
Family Villas

Low Season from NZ$1259 (AUD$1150, USD$775)(5 night stay minimum for the low season rate), High Season NZD$1799 (AUD$1649, USD$1110). Situated facing ...

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$ 1259 Per Night

The Beach House
Family Villas

Low Season from NZ$1329 (AUD$1215, USD$819)(5 night stay minimum for the low season rate), High Season NZD$1899 (AUD$1735, USD$1170). Imagine your own...

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$ 1329 Per Night

Paradise Villas and Vacation Club