Teouma Reef Resort - 5 Self-Contained Villas by Pristine Blue Waters, Narpow

Description

Teouma Reef Resort is a unique leasehold investment property located on the east coast of Efate, offering a peaceful beachfront-style setting with pristine blue waters and excellent potential as a boutique resort or tourism business. The property features five self-contained bungalow villas, each with its own bedroom, kitchen and bathroom, set within spacious grounds of 7,874m². The resort also includes a saltwater swimming pool, restaurant and bar area, making it ideal for guest accommodation, retreats, Airbnb operations or small-scale commercial hospitality. The lease is 75 years from 2005 with approximately 55 years remaining, and the property is presented in good condition with further potential for expansion or development.