JUBILEE HISTORY 2001 - 2010
Jubilee Farm is located 6km from Luganville, the main town of Santo.
The farm was originally established in 2002 as one of the first commercial farming areas in Santo. Previous gardens were subsistence gardens for NiVanuatu.
Jubilee Farm with a total area of 398ha was subdivided into 55 lots.
The lots were made up of 2,5ha, 5ha, 10ha and 15ha farms.
There were major breakthroughs in agricultural production as a result of commercial farming at Jubilee. The majority of the farmers being NiVanuatu with many of these farms very successful today. Some of the land was held by the developer of that time for his own use eg. Vanilla, Farming, Cattle etc.
JUBILEE GARDENS ESTATE 2010 - 2019
Jubilee Gardens Estate is made up of 3 Stages
Stage 1 - 59 Lots
Stage 2 - 70 Lots
Planning approval was given by the Santo Province Council in November 2010. The approval was granted for the average size of the lots to be 1,500m eg. 30 metre road frontage, 50 metre sides.
The basic formula allows for 500m for the house/garden area and 1,000m for some type of agriculture development, which could include Coffee Groves, Citrus Orchards, Pepper, Vanilla, Sandalwood, Taro Root Crop Production and other market vegetables.
The Jubilee Gardens Estate Development is bound by green space, giving a unique development, along with communal areas reserved for a service station, supermarket area and a number of commercial plots. There is land reserved for future further commercial development when required eg. Health Clinic, Government Offices, Bank Agency, Post Office etc.
The planning of Jubilee was carried out by an experienced international town planner giving the development a design of par excellence.
The Republic of Vanuatu is a picture postcard South Pacific island archipelago - located some 1,750 kms east of Australia, 500 km north-east of New Caledonia, west of Fiji and south of the Solomon Islands. It was named the New Hebrides during its colonial period in the 1900s, which came to an end officially on 30th July 1980 with the declaration of Independence.
Vanuatu is only 2.5 hours flying time North East of Brisbane and 3.5 hours from Sydney, Australia. It's a little over 2 hours from Auckland, New Zealand. There are regular flights from New Zealand, Honiara, Australia, Noumea and Fiji.
The people are renowned for their friendliness and hospitality, and this beautiful island nation has been attracting a steadily rising number of tourists and investors, over the last several years.
The recent growth in the real estate market reflected not only the worldwide phenomenon but also recognised the extremely good value of particularly prime real estate, which has previously focused on Port Vila on Efate Island. However Espiritu Santo (Santo), presently and projected into the future, is expected to have considerable growth due to its lower buying price, particularly in the rural sector.
Santo combines both economic opportunity and lifestyle in its rural investments.
Jubilee Gardens Estate is prime real estate in the rural sector on the island of Espiritu Santo.
Republic of Vanuatu
30th July 1980
Port Vila (Efate Is.) 900 sq km
Northern Central Island:
Santo 3956 sq km
Time Zone: GMT/UTC +11
Vatu (VT or VUV)
286,291 (as at Jan 2019)
Espiritu Santo (3956 sq km)
Main Centre of Northern Region
Éfaté (900 sq km) Capital of Vanuatu
According to the most recent data Tourism continues to be the single biggest sector (40%) of the Vanuatu economy, employing thousands of NiVanuatu.
The economy is based primarily on subsistence or small-scale agriculture, which provides a living for 65% of the population. Fishing, offshore financial services, and tourism (with about 90,000 visitors in 2015) are other mainstays of the economy. Mineral deposits are negligible; the country has no known petroleum deposits. A small light industry sector caters to the local market.
Tax revenues come mainly from import duties and a 15% Value Added Tax (VAT) on goods and services.