Quick Cook Islands Real Estate Tips
· Decide which island would best suit your desired lifestyle.
· Decide on what type of business you are looking to purchase.
· Come to Rarotonga prepared with your financial information and financial capabilities.
· Possibly be prepared to come to the Cooks for a vacation and look at it thru the eyes of ‘living here’ as opposed to that as a ‘holiday’, and if time and budget permits, a visit to one of the outer islands of Aitutaki or Atiu would be recommended. Check out the grocery situation, buying white-goods, children’s education and sporting needs, as an example. this way you can get first hand knowledge of what it is like to live here and an insight to every day life , when living as part of a small island nation in the south pacific
Before coming here, you might like to request a credit report from your bank so you can work out any unforeseen financial problems that you might have back home and therefore you can see what price range of businesses for sale on Rarotonga or homes for sale on Rarotonga you would be most comfortable to look at and which are within your budget.
If you have a lender, you might like to request a letter stating the amount you are approved to borrow from them. Whern purchasing homes for sale or business for Sale in the Cook Islands you will see the term As is – I’ve heard that in other countries, Canada, for instance, when a home is sold, the seller must bring all aspects of the home up to code. On Rarotonga and Aitutaki or the Cook Islands in general, the seller is required to disclose anything that is not “in compliance”, and the client inspecting, may identify items that do not meet current code.
Many properties are sold “AS IS”, meaning that the seller will not make repairs to the property before closing, that the property is to be sold, and is priced, on an As It Is Now or as it is at time of inspection, basis. Repairs can be negotiated during the contract inspection period for properties such properties.
P.O. Box 3157 Avarua Rarotonga COOK ISLANDS
Phone or TXT + (682) 55678
Quick Search FACTS:
Cook Islands Real Estate ltd, has over 30 years of combined experience in selling and listing properties for sale in these islands, being involved directly and in-directly with the Cook Islands Tourism sector as well as the Cook Islands Travel industry.
Rarotonga has been the focus of attention for holiday home rentals and rental vacations on the beach for many years now.
In general those looking to invest into this paradise location immediately see the benefits and attraction of doing so in this lucrative Holiday Homes rental sector, being predominantly the short term vacation rental market, however, what has been overlooked in the past few years is the need for long-term rental accommodation for those that hare living here, plus those entering the vacation, short term holiday home rental market or the boutique beachside resorts (Hotels and Motels) as an alternate place to live if wanting a home away from the work place , i.e. not living on-site in the accommodation complex or lodge for example.
Aitutaki is now becoming a major player as tourism numbers increase and the ease of getting to this magnificent sister island grows and flight numbers increase, thanks to Air Rarotonga - our domestic carrier.
Those looking to rent holidays homes particularly those from New Zealand and Australian in their Winter period are finding that their key search for Holiday Homes to rent or Beachside Holiday homes for rent are often returned with more and more options as this sector is driven purely by demand.
Cook Islands Real Estate / Rarotongan Property
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Keep posted as new topics for discussion , coming as additional EXTRACTS may be covered under the following headings:
Homes for sale Rarotonga, Houses for sale, Businesses for sale, Holiday accommodation rentals. Bereavements, Cook Islands Tourism, Cook Islands Travel, Aitutaki and Rarotonga, Finding your accommodation, How to buy a business in the Cook Islands, Holiday homes for rent and to buy, Aitutaki accommodation, Accommodation For Sale, Hotels & Resorts (Raro), Budget accommodation, Air Rarotonga schedule, More on Rarotonga, Apartments and self contained accommodation units For Sale.
WHERE WE LIVE
Why investing in Cook Islands Real Estate, Rarotongan Property, Businesses for Sale on Rarotonga or Raro Realty is a smart move. The following ‘short extracts’ help to outline why tourism in the Cook Islands is now on the rise. We need capable people of the right character now more than ever, to be involved in this lucrative industry that is quietly exploding in the Cook Islands