Bali Beachfront resort for sale clear conception of growth and high potential of value appreciation

Location:

• North Bali
• 80 km from Ngurah Rai airport
• Beachfront with 150 meters of black-sand beach.
• Coral reef alongside a beach – great place for diving, snorkeling, fishing.
• Traditional Bali village. Population mostly involved in fishing, farming.
• Hotel nestled under coconut trees and has a lush tropical fruits garden.
• Located at a safe distance (45 km) from Agung volcano.

Accommodation facilities:

• Territory 1(built in 2013): Pondok Wisata (rental permission)
• 4 double storey Family bungalows (accommodation for up to 4 persons)
• 1 bungalow with 2 Double rooms for 2-3 persons
• Staff house (bedroom, shower room, kitchen, storage)
• Restaurant (200 sqm) surrounded by fishpond
• Swimming pool 16x6 with shallow section for kids
• Fruit garden (mango, kiwi, papaya, banana, coconuts, pineapples..)

• Territory 2 (built in 2018): Hotel license
• 11-bedroom beachfront villa/hotel compound with spa:
• 8 rooms with twin beds that can be transformed into king-size beds
• 1 Deluxe with private veranda and front sea view
• 2 Luxe rooms with private verandas and bathtubs facing the sea
• 9x4 swimming pool
• Yoga/Fitness area – 2-storey beachfront compound 100 sqm on the first floor equipped with yoga hammocks, wall yoga ropes.. 100 sqm on the second floor – covered area for yoga and fitness practice.

Total area of buildings >2000 sqm

Legal status & licenses

• Freehold (Hak Milik)
• In accordance with Indonesia law only residents have the right to own land under freehold (Hak Milik) title, foreigners can lease land on their name or register ownership on the name of legal entity.
• Upon purchase the property, land can be transferred to PT PMA company established by the buyer (assistance provided).
• Licenses: Pondok wisata (Rental permit), Permit for restaurant, Permit for alcohol storage and sale, separate hotel permit for 11-bedroom compound. All renewed in 2020.

Positioning and marketing

• Hotel present in more than 250 sale channels, all social networks, works with travel agencies and individual agents, takes part in exhibitions and festivals, has high ratings and awards.
• Hotel focusing on group tours, actively working with yoga and fitness centers, individual tour organizers.
• Current average occupancy level 45-50% with a clear upsurge tendency.
• Tourist season lasts all-year-round, because of favorable weather with air temperature 28-33*,
  water temperature 26*.

NB: since April 2020, due to COVID-19 and closure of borders for international travelers Hotel is working in a stand-by mode: majority of staff was sent for unpaid vacation and when there are guests, staff comes to serve them.

Hotel consist of:

• Land area 4360 sqm. 150 meters of coastline
• Area of buildings > 2000 sqm.
• Accommodation facilities consist of of 14 double rooms of various categories, 4 two-storey bungalows, staff house.
• 2 swimming pools, a fishpond with koi
• Restaurant / Bar
• 2 halls for fitness and yoga
• Fruit garden with tropical fruits

Sale alternatives:

• Variant 1 100% of property $3.0 mln
• Variant 2 50% of property $1.5 mln

Taxes and fees not included:

• buyer obliged to pay 5% tax, seller pays 3% tax
• notary charges 1.5% (shared between buyer and seller)