Wavi Island
US$15,000,000
Is Wavi Island for sale, and how much does it cost?
Wavi Island is a 27 acres developed private island in Fiji, Fiji. It is currently offered for sale: US$15,000,000. Tenure is freehold. Foreign ownership is permitted subject to local approvals. This is an editorial profile drawn from public record, clearly attributed, not our listing.
Summary
Wavi is a rare fully titled freeholdOutright ownership of the land itself, indefinitely — the strongest form of title. island moments from Savusavu on Vanua Levu, and one of the more turnkey propositions in the Fijian market. It arrives developed rather than as a blank canvas: a completed luxury villa, a manager's residence, a welcome bure, restaurant and marina already sit on site, with the balance of the island subdivided into further freehold lots under an existing master plan. For a family principal it reads less as a build project and more as an operating asset with expansion headroom already engineered in.
Land & Waterfront
The island runs to roughly twenty-seven acres of reef-fringed tropical land within easy reach of Vanua Levu's dive coast. Frontage combines usable beach with sheltered water, and the setting benefits from Savusavu's protected bay geography rather than the exposed outer-reef position common to more remote Fijian islands. The remaining undeveloped lots offer elevated and waterfront positions, giving a purchaser flexibility to hold the whole island privately or to phase further villas without disturbing the existing core compound.
Access & Utilities
Access is unusually simple for a private island: a low bridge links Wavi to the mainland, removing dependence on tenders or helicopters for day-to-day movement. Savusavu Airport is minutes away, with Nadi International roughly an hour by air. Site services already support the existing villa, and an operational marina anchors arrivals by sea. Power is generator-based and water is reticulated; a buyer should verify capacity and redundancy against any expanded occupancy under the subdivision plan.
Ownership & Use
Ownership is via freehold title, the most secure tenure available in Fiji and the reason this island commands a premium over the many leaseholdA right to hold the land for a fixed term (often 25–99 years) from the true owner, usually the state. offerings in the region. Because freehold is a small fraction of Fijian land, verifying the title class and the standing of the subdivision consents is the central due-diligence task. The realistic uses span a private family estate, a boutique villa operation, or a phased development play — the existing hospitality infrastructure supports all three without a ground-up build.
Provenance
Wavi has had a single long-time owner who partially developed it as a short-term luxury rental operation, first bringing individual lots to market in 2018 before offering the whole 27-acre island together via a no-reserve Platinum Luxury Auctions/NZ Sotheby's campaign (independently valued at US$20M) in December 2025; it is currently listed at $15M.
Specification
| Status | Available |
|---|---|
| Offering | For sale |
| Region | South Pacific · Fiji |
| Country | Fiji |
| Size | 27 acres · 10.9 ha |
| Tenure | Freehold |
| Development | Developed |
| Holding-cost band | High — estate operations |
| Access | boat, causeway bridge, airstrip nearby |
| Nearest airport | Minutes from Savusavu Airport; roughly one hour by air from Nadi International |
| Power | generators, full site supply |
| Water | reticulated to villa |
| Communications | mobile |
| Structures | luxury villa, resort manager's house, welcome bure, restaurant and bar, pool, tennis court, marina |
| Marina / mooring | Yes |
| Foreign ownership | Permitted (see notes) |
| Publicly marketed | since 2025 |
Price record
Documented public figures over time — asking prices, reported sales and reductions, each attributed. This record is maintained editorially and may lag the market.
The full traced record — ownership lineage and every dated event back to the earliest public mention — is in The Ledger, for members.
From above: 2014 vs today
Wavi sits close to Vanua Levu near Savusavu, and the thin causeway or low bridge tying it to the mainland is a distinctive line to confirm in imagery. A time series would be worth checking for the surveyed lot grid, the completed signature villa and shared buildings such as pool, restaurant and tennis court emerging against otherwise green cover. The small marina and any reef-edge dredging near the approach are the other details to compare across years.
Satellite change notes are editorial observations from open imagery, dated at review; verify on a current survey.
Legal & Ownership Notes
Fiji permits foreign freehold on freehold-title land; only titled freehold is unrestricted, while iTaukei native and state land is leasehold. Confirm this is genuine freehold title.
Zoning: Subdivided into roughly twenty additional freehold building lots under an existing master plan
- confirm current availability — an international luxury auction was scheduled Dec 2025
- verify freehold title class and subdivision consents
Satellite reference: ESRI World Imagery / Google Earth — Wavi Island, Fiji.
Common questions
How much does Wavi Island cost?
Wavi Island is profiled at: US$15,000,000. Figures reflect public record at time of writing and may change; the profile keeps a dated price record.
What tenure does Wavi Island have?
Wavi Island is held on freehold tenure. Always confirm the exact instrument and any remaining term on the title.
Can a foreigner buy Wavi Island?
Foreign buyers may own property here subject to local approvals. Fiji permits foreign freehold on freehold-title land; only titled freehold is unrestricted, while iTaukei native and state land is leasehold. Confirm this is genuine freehold title.
How do you get to Wavi Island?
Access is by boat, causeway bridge, airstrip nearby. Nearest airport: Minutes from Savusavu Airport; roughly one hour by air from Nadi International.
How big is Wavi Island?
Wavi Island is approximately 27 acres (10.9 hectares).
More in the South Pacific
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The same tenure elsewhere — and one deliberate contrast, because comparing freehold against unlike is how a shortlist sharpens.
D'Arros Island
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The quarterly
Atoll — islands, read closely.
Ownership, cost, tenure and the few islands that come to market each season. Reported plainly. No. 1 — The Quiet Market is out now; No. 2 follows next quarter.
Read the first issue