The developers of the 282 million US dollar Naisoso Island project in Fiji have reported 21 new sales to overseas investors.
The resort's marketing director, Leona Heeley, told the Fiji Times that smart money is returning to Fiji and savvy investors will not want to miss out on the opportunity.
Naisoso Island is a freehold island community on the eastern side of Nadi Bay, 10 minutes from the international airport.
The project will include freehold beachfront, waterfront and lifestyle lots as well as an international hotel, condominiums and a commercial marina village.
Ms Heeley said investors were keen to stake their claim with just one per cent deposit, as settlements would not take place until 2009.
The project is being developed by Relcorp Fiji Ltd, which plans to increase prices by at least three times during the construction phase of the project.
