ICONIC LIFESTYLE PROPERTY IN VANUATU

Situated on 2992 square metres of oceanfront land, Papaya Villa is an iconic lifestyle property and one of the most unique investment opportunities Vanuatu has to offer. Papaya Villa resides in the Eton Reef Development, an exclusive community that features 1.6km of privately held coastline. This coastline is home to numerous secluded and pristine beaches, including a natural rock pool (pictured in the gallery above) which is the perfect place to enjoy a swim. The property is incredibly well maintained and is lined with tropical gardens, rows of palm trees and other native plants of Vanuatu. The entire Eton Reef area is largely untouched creating a feeling of tranquility that is hard to find elsewhere on the island. 

MEDITERRANEAN ARCHITECTURE

The property has a very tasteful Mediterranean inspired design, built with high ceilings to capture the sea breeze and ensure residents and guests are cool year-round. Upon stepping into the main entrance you will be greeted by a French inspired kitchen and dining room with built in seating. The lower level has a bedroom or study space and connecting bathroom.

Moving up the stairs, the second level is the owner’s suite which begins with a sitting room/ library and a space for an additional office. This room leads into the spacious master bedroom and ensuite bathroom. The windows on the second level open to reveal panoramic views of the Pacific Ocean and the tropical gardens of Papaya Villa.

ESTABLISHED BED AND BREAKFAST

In addition to the primary residence, the property has a seperate guest bungalow that features a spacious bedroom with a super king-sized bed, tropical style bathroom and deck with a built-in daybed. This section of the property has been used by the owners to run a highly successful bed and breakfast that is popular with local ex-patriates and international travellers alike. The space offers guests the perfect place to unwind and unplug from the stresses of their daily lives. From here they can walk to one of the many spots on the property to enjoy the tropical surroundings, any of the secluded beaches and swimming spots along Eton Reef and enjoy beautifully prepared meals. 

COOKING SCHOOL AND CULINARY EVENTS

The property also features an external standalone kitchen that has a long bench in the centre, allowing guests to gather around and learn how to cook any number of exquisite Portuguese, Caribbean or Island dishes. The owners utilise this space to host cooking classes for their bed and breakfast guests, which take place in the evening for dinner. The cooking classes can also be booked by non-guests of the bed and breakfast. In addition to cooking classes, the external kitchen also has an outdoor dining space that has a traditional natangora thatched roof. This space is used to host long lunches centred around a specific cuisine each time. At present, these events are hosted fortnightly as a “table for 8”  and are very popular locally, booking out usually hours after they are announced. 

Both the bed and breakfast and cooking school are promoted by the Vanuatu Tourism Office (VTO).

100% OFF GRID + RELIABLE COMMUNICATIONS

The property is entirely self-sufficient with solar power, water and a septic tank. The system includes both solar panels and batteries as well as a backup generator. As a result, the property does not suffer from surges in electricity prices or outages from damaged powerlines in cyclone season. Residents and guests can stay connected to the world with reliable satellite service for internet and phone, allowing sanctuary without a feeling of isolation.

WELL ROUNDED INVESTMENT

The beauty of Papaya Villa is that it offers both an outstanding lifestyle property to live in and also the ability to generate income at the same time, a ‘best of both worlds’ type of property investment. The bed and breakfast, cooking school and long lunch businesses have established client lists and sales channels that the present owners are happy to assist with transferring on to new owners. Whether you would like to take on one or all of the ventures or just want a beautiful property to live in the choice is yours.