VT 37,000,000
VT 37,000,000
Prime Waterfront Opportunity
Fatumaru Bay, (4579) Port Vila Vanuatu
998 sqm
Listed by First National Real Estate Port VilaView details
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Property for sale in Vanuatu
26 properties in Vanuatu
VT 37,000,000
VT 32,000,000
VT 32,000,000
New 2 Bedroom House
For Sale, Residential
For Sale, Residential · 2 bedrooms
Listed by Alliance Real Estate VanuatuView details
While you are looking
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 150,000. Same island, 2800.0× 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 37,800,000 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 — 176, 173, 122 listings out of 867. 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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