Winner Air New Zealand Cook Island Tourism Award “Best Villas and Suites” 2009-10
- Voted #1 Trip Advisor Specialty Lodging
Imagine warm tropical waters all year, with a temperate climate, seldom rising above 30°C. Rarotonga, the main island of the South Pacific Cook Islands, enjoys a unique reputation for a magical relaxed, laid back lifestyle that many are seeking in this busy world of today. Trip Advisor Top Destinations for 2010 rank the Cook Islands as #4 in the world for Beach and Sun and #2 in the South Pacific.
Sea Change Villas is located on the southern side of Rarotonga, directly onto the shores of the stunning Titikaveka lagoon, renowned for its white sandy beaches and beautiful azure lagoon, perfect for safe swimming, snorkelling and kayaking.
An intimate boutique resort comprised of nine one and two bedroom villas, Sea Change Villas has been developed specifically to provide luxury accommodation targeting the middle to upper end of the tourism market. The spacious, highly appointed villas and attention to detail offer a casual elegance of self catering accommodation that is unrivalled. The location at Titikaveka is fast becoming the premier spot in Rarotonga, ranked by Trip Advisor as #6 for Romance in the South Pacific. The interior design and architectural features of the villas is of an international resort standard. Guests comment on the relaxed atmosphere as they walk into each of the villas, and that it is even better than what they viewed on the internet. The furnishings capture the tropical flavour of the island, with the design colours reflecting the light and airy tropical beachside living Each casually elegant villa enjoys its own fresh water swimming pool and private decks, affording seclusion whilst relaxing in peaceful tropical surroundings.
Three Beachfront villas with a high tide mark within metres of the private decks. Three Lagoon View villas set amongst lush tropical vegetation look out to the tropical lagoon with its aquarium full of fish. Extending the resorts appeal beyond the classic romantic getaway are three Lagoon View Executive Villas which look out to the reef and ocean, and also enjoy the luxury of their own games room making them ideal for a teenage family, or two couples travelling together. Also on site is a quality three bedroom manager/owners house which has its own swimming pool and large deck.
Included in the purchase price is an additional 3526sqm of land adjoining Sea Change Villas which allows for further expansion of at least another six villas, all affording lagoon views.
This is a unique opportunity to purchase, as a total going concern, a quality high yielding boutique resort that allows the new owner or two partners plus to capitalise on the further development opportunities that exist. The current owners may also consider other purchasing options.
Price indication for purchasing options – buyer enquiry over $NZD2.5 million.
Why Invest In the Cook Islands
Is it really as good as I am hearing? Why invest in the Cook Islands? The Cook Islands has been the sleeping (and creeping) giant in the South Pacific, known more as a layback tourist vacation destination for most New Zealanders and a handful of Australians, Europeans, North Americans and Canadians. Our total number of tourist per year has been building steadily but still less than 100,000 annually. The only major airline to date is Air New Zealand, with a couple of outside players like Pacific Blue and Air Tahiti – however good marketing over time and as critical mass has taken effect, the word about the nature of our people, the pristine and safe location of the Cook Islands, and the beauty of this island chain has seeped out to all the corners of the travelling globe so that future tourism prospects for the Cook Islands are high and a dramatic rise is imminent So What Are the Prospects With accelerating knowledge of the Cook Islands, comes accelerating world interest, with interest comes visitors, and visitor growth is the component, the very backbone, of a thriving tourism industry. It is well know that the largest and fastest growing industry in the world today is Tourism. Tourism in some countries support the entire economy, and here in the Paradise we call Cook Islands, it is certainly so. Today more so than ever we are in need of the right people who wish to be involved in the Cook Islands for the right reasons. If you are looking to purchase an existing business or have a new and desirable product or idea, if you can add to our economic growth, if you wish to create a new career or lifestyle for yourself and you can contribute meaningfully to our country, and in particular through our tourism industry (either directly or indirectly) then you will be welcome to apply, so act now. You may already be able and an experienced hand in this vibrant industry, or are good with people and keen to learn, either way The Cook Islands is already softly exploding onto the world platform. If you are keen to put your heart into the Cook Islands - you will benefit in any number of ways. As our tourism sector grows, then it will be a simple case of supply and demand. A growth in investor interest means less business opportunities will be then available, and those that are, will be of a higher price. In simple words, the time has never been better to invest in the Cook Islands, than right now!! All industry sectors are linked together with tourism. Here is a simple example. …as the number of tourist increase, the amount of tourist dollars injected into our economy results in greater wealth for all to purchase better and more consumables, so these industries grow as well. As this percolates thru the economy, then even a family growing their bananas on the hill side, or the employee pumping gasoline at the bowser will see a greater amount of their products being purchased and a higher income– and so, all are linked together… This is the reason why, not only tourism accommodation opportunities, but all those ancillary industries that make up the very fabric of our economy will benefit. WHY INVEST ? The last ten years has seen a steady increase in our tourism arrivals and this has continued throughout the past 18 months, which had seen some of the worst economic times, worldwide, in our living history. This is the proof of the pie, that tourism in the Cook Islands is a huge and healthy industry that spans across all demographics and income sectors and its forward motion is not easily disturbed, even with economic downturn. Picture yourself in the next 5 – 10 years, have you a plan or goal that you have set for yourself. Satisfied with where you are and where you would like to be? Can you see yourself living and working in a relatively sophisticated tropical paradise – as your own boss and part of a vibrant and welcoming community? The Cook Islands is considered an extremely safe haven. Our infrastructure include. • Australia & New Zealand Bank (ANZ) • Westpac Banking Corporation • Bank of the Cook Islands. • Up-to-date telecommunications and mobile systems • Internet • Satellite television • A life-style in a relaxed and safe environment • Developed infrastructure for business . Quality housing and good health and education services. Taxation • Limited or no tax on a number of items. • No Wealth Tax • No Gift Tax . No Property Tax • No Capital Gains Tax • No Death Duty Tax • Company Tax - 20% flat rate – all industry • Value added Tax ( aka G.S.T ) - 12.5%
The Cook Islands BTIB (Business Trade Investment Board) The BTIB was established by the Cook Islands Government as its economic development agency and is seen as a key facilitator for driving economic growth in the Cook Islands. They provide a wide range of services that encourage the development of enterprise whilst ensuring that where possible Cook Islanders are active participants.
WHY INVEST? : The last 10 years has seen a significant increase in foreign direct investment (FDI) which has added to the level of new enterprises established. Such investment has provided amongst other things increased tax receipts, provision of jobs and the transfer of skills, capital and expertise to the local community. Do you feel the need for change, and would like to live an exciting and different lifestyle, immersed in tourism and the warm tropical weather of the Cook Islands? Year round sunshine with average temperatures in the mid 20’s. No traffic lights (not one) or grid lock here. WHY INVEST? Would you like to see yourself as self employed, doing business in casual attire looking across the blue of the lagoon? A relaxed, yet vibrant array of industries all linked together thru tourism...
“Twenty years from now you will be more disappointed by the things you didn’t do than by the ones you did do. So throw off the bowlines, sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover.” - Mark Twain....
The next few years will see the real growth, and those investing now will see the biggest benefits.