Property in Port Vila Central, Efate, Vanuatu
6 live listings · 5 for sale · 1 to rent · median asking VT 69,000,000
To rent in Port Vila Central, Efate
iProperty Vanuatu
Office Space – near Vila Mall
Port Vila Central, Efate · Commercial
Price on application
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Worth knowing before you look here
Geography
Where is the biggest price gap in Vanuatu?
The median home in CBD asks VT 420,000,000; in Malapoa, Port Vila it asks VT 247,000. Same island, 1700.4× the price.
What would make this wrong: It compares what is on the market, not like for like. An area of large houses will always beat an area of flats, whatever the land underneath is worth.
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What things cost
Which bedroom costs the most in Vanuatu?
Going from 2 bedrooms to 3 adds VT 37,750,000 to the median asking price — more than any other step on the ladder.
What would make this wrong: A 3-bed house is not a 2-bed house with a room added — it is usually a bigger plot in a different place. This is the price of a different kind of home, not the price of a bedroom.
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The market
How concentrated is Vanuatu's market?
Three agents hold 54% of everything advertised — 177, 170, 125 listings out of 878. 11 agents share the rest.
What would make this wrong: It counts adverts, not sales. An agency that lists everything it is asked to and one that sells everything it lists look identical here.
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