How to Buy Real Estate on French Polynesia

French Polynesia is a grouping of islands in the South Pacific Ocean. As former French colonies, the islands enjoy status as a French overseas collectivity. The influence of French culture and the four thousand square kilometers of land area make the French Polynesian islands an excellent place to buy real estate. Follow these steps to get into the French Polynesian real estate market.

Instructions

Difficulty: Moderate

1. Learn as much about French Polynesian real estate regulations as you can. French Polynesian real estate regulations involve a sometimes Byzantine process of permits and forms. Because much of the property on the islands is divided into parcels owned by multiple people, you first must go through an extensive filing process before you can make a purchase.
2. Start looking around Tahiti. Tahiti is the most populous of the French Polynesian islands, with roughly 90% of the islands' population living there. Because of this, Tahiti is a commercial center and has become a less-desired place to buy property in recent years. Take a look around Tahiti to get a standard for property sizes and prices.
3. Look to smaller islands for investment. Huahine, Raiatea and Tahaa are relatively under-priced islands where excellent deals on property are available. Use a French Polynesian real estate agency to find listings for properties on these islands.
4. Contact a French Polynesian real estate agency. There are a number of agencies expert at turn-key solutions for the French Polynesian property market. While there will be commissions and a slight increase in prices, a company like Tahiti Sun Travel will save you time and money in the long run.
5. Visit the islands yourself. While photos and land specs are a good way to get some basic information about real estate, the islands' varied climates and geographies make a trip worth while. Take a few days to follow a real estate itinerary with the help of your realtor to get a complete idea of property on the islands.