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Invest in Vanuatu INVEST IN VANUATU Velit Bay Enchanting Velit Bay lies on the east coast of Espiritu Santo, Vanuatu’s largest island. The property in mind for develop- ment is located at the northern corner of Velit Bay, which is owned by Velit Bay Plantation, a working farm with copra and cattle. This enthralling location with its access to multiple amenities presents a remarkable opportunity for inves- tors. The sheltered nature of the bay protects and also adds to its breathtaking beauty. Warm turquoise waters gently lap at the white pristine coastline. The Velit Bay property is available for sale, with the final size of land sold depending on the development proposal of the investor. Investors can choose from 10 hectares up to 20 hectares of prime waterfront real estate. INVEST IN VANUATU Velit Bay LOCATION Velit Bay is located a mere 25 kilometers from quad bikes, sail in the crystal blue waters or play Pekoa International Airport and Luganville, the a daring game of paint ball. capital of Sanma Province and the largest town on Espiritu Santo. It is also a short direct flight For devotees of wreck diving, Espiritu Santo from Australia and the capital of Vanuatu, Port offers a rare gem. During World War II, some Vila. Access to Velit Bay is via a well-sealed road 100,000 allied troops and support staff were 30 minutes from Luganville. A well-maintained stationed on the island. Wrecks such as the SS three-kilometer crushed-coral surface road runs President Coolidge, a 22,000 ton luxury liner from the main road to the beachfront, providing turned troopship that sunk just offshore, have easy access to the area. become world-renowned dive sites. Divers and snorkelers can explore ship wrecks and sites like Within reach of Velit Bay are endless activities Million Dollar Point, where thousands of tons of for outdoor enthusiasts: snorkeling for lovers of U.S. war surplus were dumped into the ocean, as marine life, fishing for keen anglers or cave well as amazing coral reefs and blue holes joined exploration for the adventurous. Visitors can by underground caverns. VELIT BAY travel to nearby Lope Lope where they can ride DESCRIPTION This immaculate and undeveloped location the plantation and along the beach. A restaurant Sea would suit an investor with creativity and imagi- and bar have been built on the waterfront for day nation, possibly looking to build a resort. The trippers to enjoy a meal after lounging on the calm waters of the natural horseshoe shaped bay beach or playing a fun game of volleyball. Close make it ideal for kite surfing, as well as onshore to friendly Port Orly village, well-known Lugan- For more information, please contact: and offshore game fishing. Equine enthusiasts ville and Moyyan, Velit Bay is ideally positioned Ronan Harvey come to Velit Bay to enjoy horse riding through for tourism development. Western Pacific Cattle Company Ltd. Velit Bay Plantation SERVICES PO Box 80 No mains power, water, land line or mobile telephone coverage at present. However, mobile coverage East Coast, Santo, Vanuatu, South Pacific T: +678 555 1111 could be gained through a booster system. Groundwater could be accessed via a bore. E: [email protected] W: www.velitbayplantation.com LAND An unspoiled location, Velit Bay can be inland boundary, totaling approximately 20 Chris Bleakley purchased on simple, flexible-size arrangements. hectares. The second area is 10 hectares of prime Senior Investment Policy Officer The available land for sale will ultimately depend potential resort site with approximately 450 IFC Pacific on the aspirations of investors. The current meters of waterfront proposed for a resort alone. Level 18, 14 Martin Place owner is willing to accommodate various Consent by government authorities has been Sydney NSW 2000 Australia proposals for development. One area offered is granted for the subdivision of the waterfront land T: +61 2 9235 6513 one kilometer of pristine coastline backing to an with the existing land zoned for commercial use. E: [email protected] TITLE Moses Tiro Bani The legal title is 04/1833/007. The current lease has a 75-year term, which commenced in November Principal Tourism Investment Officer 2009. Upon the subdivision of a title for any development, a new lease would be registered with the Department of Tourism commencement date normally being the date of the filing of the new title. PMB 9099, Port Vila, Vanuatu T: +678 776 4530 E: [email protected] Raymond Vuti Manager Promotion Vanuatu Investment & Promotion Authority Vanuatu Investment Promotion Agency PMB 9011, Port Vila, Vanuatu T: +678 711 1310 Whilst all care was taken in preparing this site profile, investors are responsible for undertaking their own due E: [email protected] diligence on any specific projects..
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