PROJECTS
There are in fact two projects, Fantasy Is¬land and Juxta Beach, but they have been developed with total synergy, incorporating one fully integrated community and resort and allowing optimum utilisation of the in¬frastructure available on Fantasy Island.
Leases
The project is 150 acres in total and is the subject of two separate crown tourism de¬velopment leases with a tenancy of ninety-nine years. Subdivision leases, again with a tenancy of ninety-nine years have been is¬sued for the completed section of Fantasy Island and are registered in the individual investor names.
The Master Plan
From the very beginning the developers have had a master plan for the twin com¬plexes and this has been implemented in stages.
Stage One
Stage One is now complete and is known as Fantasy Island. It was completed in 1998 and offered to both the local and international market, prime real estate, with residential land, canals, private marina potential, villas, and world-class amenities. Apart from the expected shopping, health and spa facilities, tourism experiences at Fanta
sy include a tropical forest safari, marine park, water sports, convention center, cultural entertainment, outdoor sports, marina, and snorkeling in a man-made coral reef that was specially created to offer a unique experience in the underwater world. You will find a vast variety of tropi¬cal reef fish in this amazing clear water environment.
The properties in Stage One sold quickly both to investors and to owner-occupiers and today it is a lively and closely-knit community. Because of the closeness of facilities such as schools, shopping com¬plexes, restaurants, service providers and medical services it is at¬tractive for families. Several properties in the Fantasy Island develop¬ment have been resold at an excellent profit to the owners and there continues to be a good market waiting for further property to become available.