Located just 300 metres from the beach in Pererenan, this villa complex represents an incredible investment opportunity.
The complex consists of a row of 5 private villas; two 2 bedroom villas, two 3 bedroom villas and a 4 bedroom villa. All the villas have private pools and face towards the beach ensuring all the rooms enjoy the stunning west coast sunsets.
The total land size of the 5 properties is 33 are (3,300m2); villa 1 (2 bedrooms) is 2.95 are land and 243m2 building, villa 2 (3 bedrooms) is 4.18 are land and 298m2 building, villa 3 (3 bedrooms) is 4.94 are land and 297m2 building, villa 4 (2 bedrooms) is 5.18 are land and 243m2 building, villa 5 (4 bedrooms) is 9 are land and 400m2 building. Additional areas include a front and back office, a staff/housekeeping room, engineering rooms, road access and parking.
The villas are designed in a colonial tropical style with spacious open living areas which spill onto the pool areas and traditional alang alang (thatched) roofing. They are all well furnished with a mixture of traditional and modern fixtures of the region. The current owner will continue to operate the on site restaurant. With the area becoming increasingly popular this investment opportunity offers a healthy ROI; the land lease alone is worth IDR 28,666,500,000 and the buildings 14,810,000,000 (calculated at 10 million per m2). Therefore the total cost to build new would be IDR 43,476,500,000 (not including the swimming pools, land fill, border wall, road build, landscaping, interiors and fixtures).
This villa complex is currently marketed for leasehold sale, with the lease expiring in 2050, at IDR 30,000,000,000 - please enquire for more information or to arrange an inspection.