dream property marketed for PT Rinjani Proyek Utama
 
RESORT | LOMBOK, INDONESIA, Beach Front Resort | Lobster Bay USD 1,700,000
PROPERTY SPECIFICATION
REFERENCE: KLHB
TYPE: RESORT | LOMBOK, INDONESIA
LAND SIZE: 8,682 sqm
POOL: yes
Description
Beautiful resort located in South Lombok
THE RESORT
The Owner wants to sell the Resort since he will remain in his home country for family reasons. Currently, it can show a return if well run but as the overall costs are similar even with more rooms it can only be run as slightly profitable operation (5-10% ROI).
The consideration would really be interesting only if further 14 double rooms are built (or more if 2 storeys, PS Architecture is happy to develop a revised plan) to achieve a reasonable return for the Lombok Riviera (approx. 30% ROI).

Beautiful beachfront resort located on the Lombok Riviera.

The Owner wants to sell the Resort since he will remain in his home country for family reasons. Currently, it can show a return if well run but as the overall costs are similar even with more rooms it can only be run as slightly profitable operation (5-10% ROI).

The consideration would really be interesting only if further 14 double rooms are built (or more if 2 storeys, PS Architecture is happy to develop a revised plan) to achieve a reasonable return for the Lombok Riviera (approx. 30% ROI).

The Resort as is can continue to run for recurring revenue and training as a soft opening Resort.

There are build options that take around 8-10 months to complete only (ironwood) that would minimally impede the current running of the Resort (as produced off-site) and allow the full Resort to be operational by 2020 high season.

The net income of the Resort can be used to pay off the balance payments to the owner for over 4 years.

For more information please contact us.

* Please note many of our general land listings have not undergone extensive pre-purchase reviews (PPR). We highly recommend you do a detailed PPR either via us or via a third party if no PPR has previously been done for the land.

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LOCATION
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