A timeless and rare opportunity to own one of the last freehold islands in the South Pacific paradise of Fiji. Katafanga Island, also known as the Blue Lagoon, is strategically encircled by a natural 5,000 acre bioluminescent turquoise blue lagoon, with breathtaking sugar white beaches.This sprawling 225 acre island of unspoiled beauty, laced by swaying coconut palm trees and natural habitat, is 1 mile long by 1/3 mile wide with 150 foot elevations. The impressive coral reef, which encompasses a pristine blue lagoon, magically has a natural opening of 200 feet wide, thus allowing for luxury yachts over 200 feet to enter and dock, and have the serene protection of the lagoon.The island could be a spectacular home for a world-class resort, which is under development. The majority of the vast infrastructure is completed at a cost of $20 million. Included in the sales offering are 20 private villas, a runway, golf course, ring roads, water reservoir, jetties and employee housing. Conceivably ideal for a hotel entrepreneur, boutique spa/resort owner, or simply for a luxurious island getaway, far away from the paparazzi.
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©2015 Hilton & Hyland does not guarantee the accuracy of square footage, lot size, or other information concerning the condition or features of the property provided by the seller or obtained from public records and other sources and the buyer is advised to independently verify the accuracy of that information. CalBRE License #01160681