Description
Holiday Home, established B&B and Cooking Retreat
Papaya Villa is a proven success story, blending holiday home, established cooking school/retreat and B&B.
* Enjoy retirement lifestyle with a tax-free income side hustle.
* 2 bedroom main house & kitchen, with separate 1 bedroom guest house.
* A dedicated adjoining kitchen cottage where popular cooking classes and long lunches enjoyed under the long 20+ seat nakamal (meeting/day house).
Note, sale price includes 15% VAT. Sold as a going concern this can transfer at AUD 1.13M (zero rated for VAT).
Papaya Villa is located in the private Eton Reef Estate, a convenient and leisurely 20min drive from Port Vila.
Eton Reef Estate offers 2km of private waterfront, white sand beaches and multiple coral swimming pools.
Purchasing a property in Vanuatu entitles you to permanent residency and tax benefits of no (zero) tax on income, profit, capital gain, wealth transfer or gift tax.
3 Beds
4 Baths
2922 Sq. M