Update from the Managing Director!
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- Anis Whitehead
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1 Your Monthly Newsletter! Update from the Managing Director! September 2011 Issue Greetings to all our clients and avid readers out there! Hope the month of September was a good one for you all! Samoa Realty for the month of September listed 19 new properties on the market, settled 8 pending sales from August and signed up 16 new buyers now awaiting settlement. We have noticed that out of the pending sales we currently have on our books, 12 are local buyers and 4 are overseas Samoans. Our list of properties on the market for sale as at the end of September is 164. Of the number of properties on our list, 27% of it are foreclosed properties, which is a very high number. We have sold and settled more than 40 properties this year so far and listed 129 new properties in total for We foresee more properties coming on the market for sale in the coming months, and with a very high supply, a trend of lower offers and more competitive pricing is inevitable. With this trend in the market, there will be more and more good buys in the next couple of months. With so many properties also coming on the market on a mortgagee sale basis, we don t foresee any good changes in the market for Sellers. It will be a good time to buy for those who have been wanting to get on to a property of their own though. We currently are selling some big blocks of land at competitive prices, so there is an opportunity now for property developers. With sales so far this year, we have moved more vacant sections followed closely by sections with homes on them. The commercial market, although competitively priced than ever before is still very slow. We have noticed that commercial land in Vaitele is in high demand though. If you visit our website often, you will notice that there has been a substantial number of PRICE REDUCTIONS on the site. Again, with so many properties competing for sale on the market, Sellers are more and more competing price-wise. Samoa Realty has been very proactive in the real estate market this year and we work daily to make sure that our customer service is to the satisfaction of both our clients and customers. Samoa Realty is open to all customer and client feedback and believe that only with your help, that we can further improve our services. We would like to take this opportunity to thank all our clients this year for being open minded and taking our recommendations to heart. It s not an easy time to let go of an investment, but often things are out of our hands. With anything to do with real estate, it is the market that determines fair value! Thank you all for your patronage and your constant support of Samoa Realty and what we aim to achieve. God Bless and all the best for the month of October!!! In this Issue: Update from the Managing Director New..New..For September! Get More For Your $$$! Foreclosure.. Let s make a Deal! Your Personal Point Of VIEW! Some Great Deals... Homes available for Rent! Invest in YOUR piece of paradise today! This newsletter update is proudly brought to you by Rosita Brighouse-Slaven, Managing Director of Samoa Realty Ltd
2 New..New..New..For September! Two 4 One! Two homes on a fully fenced 1/4acre lot in Ululoloa Heights! Price: SAT$295,000 Add A Bit Of Culture! 1 acre section with Samoan-style fale for family get-togethers. Price: SAT$450,000 A Jewel With A Pool! 1 acre landscaped section ready for a home. Pool is already in! Price: SAT$475,000 Elevated & Landscaped! 1 acre with elevations and ready for building. Potential views in a beautiful garden setting. Price: SAT$350,000 A Home For Convenience! Family home in Moamoa with a quaint wraparound patio. 3 bedroom home close to Channel. Price: SAT$229,000 A Rural Family Retreat! 2-bedroom home selling on 1 acre section in Aleisa. Quiet and serene rural surroundings. Price: SAT$199,000 Away In The Hills! Vacant 1/2acre elevated section fronting Lake Lanutoo Road. Has ocean views! Price: SAT$70,000 ONO Take A Corner! Close to Industrial area, this great 1/2 acre section offers 3 roadside frontages. Income potential! Price: SAT$230,000 ONO Home Location! 1/4 acre section in Vaitele-uta ideal for a family home. Close to town amenities available. Price: SAT$85,000 Head For The Hills! Flat 1 acre lot in the hills of Malololelei. With so many families now investing in the hills, this is your chance to get into a section up there as well. Power and good road access already in place. Neighbourhood slowly developing with families building and moving up the hill. Quiet surroundings and cooler living atmosphere. Price: SAT$170,000 Check out our Current Listing! We have many more new listings at great prices for your consideration!
3 Get More For Your $$$$! Vaiaata: 12 acre section for sale in the cool rural hills of Vaiaata on the island of Savaii. Section is vacant and has not been developed. One block in from main Vaiaata Road. Invest in Cattle and Farm land area today and reap the rewards in the future when new Power Station in the area goes up. One of the few big areas in Savaii that has freehold land. A big block at a small price! A bargain not to be missed! Price: SAT$180,000 Tiavi: 5 acres of prime elevation and views overlooking the Southern Coast of Upolu Island. Road and power in place and block fronts on to two main access roads. Bank has foreclosed on this one and there could be a good deal in the making for you here. Section is undeveloped so still lush with native flora! Great subdivision potential and great for farming. Interested? Give us a call! Price: SAT$325,000 ONO Puipaa: You hardly come across land for sale in this area and it is well known for it being arable land for cocoa and coconut plantations! This 10 acre section can be converted into the farm investment you ve been looking for! It s close location to the Vaitele Industrial area is a big plus as well! A great big investment block ideal for a commercial venture or a subdivision development. Great location...heaps of possibilities! Price: Contact us! Foreclosure..Let s Make A Deal...FAST!!! When Family Comes First! Charming...Comfortable...Convenient! This 3-bedroom home in Lotopa offers the family this and more. Also has a sleepout in the back with a big carport and potential self-contained unit attached to it. Just up the road from Robert Louis Stevenson School. A great location for the family for work and school purposes! Call in for viewing today! Price: SAT$480,000 ONO Style..Charm..and Heaps of Space! This 4 bedroom home is a great family home investment not to be missed! Location alone is excellent! Both floors are self-contained and you get some great ocean views from upstairs balcony. Home has water tank, solar hot water system with an additional storage and laundry area shed on the side. Beautiful gardens and yard for the kids to play in. Price: SAT$630,000 ONO Solid Home...Cheap Buy! This 5-bedroom concrete block home is situated down a dead-end street in Siusega off Falelauniu Road. Building is selling on a 1/4 acre section and bank wants to move it now! Although priced at an unbeatable price...the bank will still consider all genuine offers. Priced to sell way below valuation! Be quick..be nimble! It s a handyman s pet project! Price: SAT$185,000 ONO Properties for sale are all open to Genuine Offers!!
4 Your Personal Point Of VIEW! Ocean Views by Day...City Lights at Night! Two homes on a fully fenced 1 & 1/2 acres. Expansive and breathtaking views from property and inside of homes! Great landscaped gardens and yards. 4 bedrooms in main home with 3 in oval fale in back. Priceless location! Viewing by appointment only! Price: NZD$1,250,000 ONO! Some GREAT DEALS For Commercial Investors! Beachfront Resort! Le Vasa Resort is located in Manono-uta and is steeped with Samoan history. Property is just under 8 acres and currently has 12 exceptional villas with room for more! Resort faces Manono Island and is located not far from Mulifanua Wharf and Faleolo Airport! Great location with so much more to offer. Resort is on leasehold property and owner is selling the lease along with business! Price: SAT$10,000,000 and open to terms! An Oasis In The City! In the hills of Vailima sits the Le Manumea Hotel! Premises is lush with beautiful tropical island gardens and setting is quaint with a touch of home away from home added in the mix. Hotel has 12 garden villas with a big Samoan fale reception and restaurant area. Home of Apia s many functions! Price: SAT$6,500,000 and open to all genuine offers! An Immediate Cash Cow! This 1/2 acre section in Tanugamanono is selling with existing warehouse building and successful printing press business! Owners want to retire and would like to see their life s work sell to an energetic and committed entrepreneur keen on taking the business to even bigger heights. Marfleet Printing is a well known printing company in Samoa and will be a great asset for investors. Price: SAT$4,395,000 and open to terms! A Superb Commercial Offering! This 1/4 acre roadside section is now priced to sell! Section fronts main Vaitele Street in Vaimea and is currently the home of SOS! Great central location with frontage that will be ideal for any business venture. It s location...location... location at its best! Owner is ready to retire overseas and would like to move on with other investments. At this great new price, it won t sit long! Price: SAT$850,000 ONO Call Us Today For More Information!
5 Homes Available For Rent! FURNISHED (F) UNFURNISHED (U) # OF BED- ROOMS RATE PER MONTH LOCATION H/W A/C TYPE Residential Apaula Heights N N Residential FF 1 bdrm SAT$700 Tanumapua Y Y Residential FF 3 bdrms SAT$1,000 Siusega N N Residential PF 2 bdrms SAT$1,200 Lotopa Y N Residential PF 3 bdrms SAT$1,300 Pesega Y Y Residential FF 2 bdrms SAT$1,500 Vaigaga Y N Residential PF 2 bdrms SAT$1,600 Moamoa N N Residential UF 2 bdrms SAT$1,800 Nuu N N Residential PF 4 bdrms SAT$2,000 Taumeasina N N Residential PF 3 bdrms SAT$2,000 Vailoa Y Y Residential PF 3 bdrms SAT$2,200 Siusega N N Residential PF 3 bdrms SAT$2,200 Siusega Y Y Residential PF 2 bdrms SAT$2,300 Vaitele Uta N N Residential FF 3 bdrms SAT$2,300 Vaitele Y N Residential PF 4 bdrms SAT$2,500 Vaivase Tai Y N Residential PF 3 bdrms SAT$2,500 Siusega Y Y Residential PF 3 bdrms SAT$2,600 Vailele Y Y Residential PF 3 bdrms SAT$2,800 Talimatau Y Y Residential FF 4 bdrms SAT$3,000 Vaoala Y N Residential PF 3 bdrms SAT$3,000 Falemauga Y N Residential FF 3 bdrms SAT$3,500 For more information on rentals, please contact Faletasi, our Property Manager. If we don t have what you are looking for, let us know and we can make inquiries to see if there might be something suitable for you. For your rental needs, give us a call! Contact Us Today for More Property Information! Tel: Fax: home@samoarealty.ws Website: Unit 4 Pacific Buildings Vaea Street, Saleufi Apia, Samoa
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