Vanuatu Investment + Lifestyle, Koyu Apartment Complex, Eratap, (4118) P
Description
Welcome to the Koyu Apartments in beautiful Eratap, Vanuatu, where island living meets modern comfort. This stunning property offers four self-contained units under one roof, set on a commercial-zoned block of just over 2500m2. With a solid built 370m2 structure, this property boasts stunning ocean views and is just a short walk to one of Vanuatu's most popular surf beaches and the boutique Eratap Resort. The Koyu Apartments offer a variety of accommodation options, including a large 2-bedroom, 2-bathroom apartment, a smaller 1-bedroom ensuited apartment with a kitchenette, and two studio apartments with large decks and ocean views. Each unit is fully furnished with comfortable beds, full kitchens, fly screens, ceiling fans, and private balcony areas with outdoor settings and BBQs. This property is perfect for investment purposes, with a scope for further development. The Koyu Apartments were previously on the holiday rental market and had good bookings, and during border closures, the apartments were rented long term. The property is situated in the quiet Eratap Point Estate, just 15 minutes from town, and offers an opportunity not to be missed. Live in the large 2-bedroom, 2-bathroom apartment downstairs and rent out the two upstairs studio apartments, or keep the business as an ongoing concern. With nearby resorts such as Eratap Resort and Aquana Resort, there are plenty of activities to do in and around the local area, including fishing, kayaking, snorkeling, surfing, and paddleboarding, or simply relax and enjoy the sunset. Price inclusions for the Koyu Apartments include a commercial lease, Koyu website, Facebook page, a chattels list that includes furnishings, appliances, white goods, kitchenware, outdoor furniture, and much more. Don't miss out on this incredibl
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Port Vila
Climate · Port-Vila
Station: PORT VILA BAUERFIELD · 4.2 km from the representative point.
Explore monthly temperature and rainfall
Typical daytime temperature
1991–2020 station normals · Average daily high (°C)
Representative-station climate context, not today’s weather or a property-level hazard assessment. Missing monthly values are not estimated.
Read the values and sample counts
| Period or area | Average daily high (°C) |
|---|---|
| Jan | 31 |
| Feb | 31 |
| Mar | 31 |
| Apr | 30 |
| May | 29 |
| Jun | 27 |
| Jul | 27 |
| Aug | 27 |
| Sep | 28 |
| Oct | 29 |
| Nov | 30 |
| Dec | 31 |
Rainfall through the year
1991–2020 station normals · Mean monthly precipitation (mm)
Representative-station climate context, not today’s weather or a property-level hazard assessment. Missing monthly values are not estimated.
Read the values and sample counts
| Period or area | Mean monthly precipitation (mm) |
|---|---|
| Jan | 312 |
| Feb | 291 |
| Mar | 368 |
| Apr | 264 |
| May | 241 |
| Jun | 195 |
| Jul | 86 |
| Aug | 105 |
| Sep | 114 |
| Oct | 126 |
| Nov | 148 |
| Dec | 221 |
Getting there
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How this one compares
6 similar properties on the island advertised at within 25% of this price with a similar number of bedrooms. Their median asking price is VT 750,000 — this one is asking 7% more. Asking prices only; nobody has paid these.
| Property | Where | Beds | Asking | vs this one |
|---|---|---|---|---|
| Oceanfront Living on Devils Point Road | Mele Bay, Port Vila | 4 | A$750,000 | -6% |
| MELE BAY | MELE BAY | 4 | A$750,000 | -6% |
| Luxurious French Style Home with Stunning Views | Elluk | 5 | A$900,000 | +13% |
| Waterfront Oasis in Tassiriki | Tassiriki | 4 | A$900,000 | +13% |
| HAVANNAH | HAVANNAH | 4 | A$697,000 | -13% |
| AORE | AORE | 4 | A$675,000 | -16% |
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