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Lush Green Bungalow Resort With Big Land Plot For Sale

Lovina, Bali, Indonesia
Asking Price:
$250K - $500K (USD)
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

If you have always dreamed of running a small hotel in Bali, now is the time! We are selling our resort at a price well below market value. This is your chance for a good deal!

What guests have liked most about our resort is the good vibe. They said it was so peaceful and serene, a real oasis of well-being in the middle of lush green.

That's why we think that, besides being rented out to individual travellers, the bungalows are perfect for hosting seminars, workshops, and retreats, particularly those with social, spiritual, and/or ecological agendas. The current owner has always committed herself to upkeep the entire complex in a sustainable and ecological manner.

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The bungalow complex consists of:

A tropical ornamental and kitchen garden with a total land area of approximately 2.16 acres (approx. 8.770 sq m). Ecological upkeep without chemicals.

3 Superior Bungalows and 2 Standard Bungalows (double bungalows), each with its own terrace and bathroom with hot water

Main house with 4 bed rooms, bathroom, kitchen, and laundry room with hot water washing machine.

Octagonal pavilion for relaxation, 8x8 m, ideal for yoga, massage, workshops, etc.

Resting gazebo

Mountain view, partly ocean view

Own water supply from a 35m-deep well, water tank with attached storage room, hot water preparation through solar panels

Ecological wastewater system

Parking spaces

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Investment Options:

Existing hotel business:
Due to the pandemic and private circumstances of the owner, the hotel business is not running anymore. Nevertheless, the buildings and garden are being well maintained and are in a good condition. If you'd like to continue with the existing bungalow complex, new staff needs to be hired and a new operating permit needs to be applied for.

Expansion of the existing hotel business:
Only roughly half of the land plot is built over, which means there exists the possibility for further expansion of the building complex. The bungalow complex, therefore, offers a lot of real estate development potential.

New development:
Another possibility is to develop a new project such as a new bungalow or hotel complex or private villas. Also possible are projects like municipal or non-profit projects (kinder garden, school, orphanage, etc.), certain commercial buildings (offices, shops, warungs, supermarket, retail, etc.), health facilities (pharmacy, health clinic, doctor's office, etc.).

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SALES PRICE:

Bungalow complex, land and business (8770 sqm): IDR 54 Mio. per 100 sqm, in total IDR 4'740'000'000 (approx. EUR 270'000 or USD 332'000). This is a very advantageous price for the property! The price is negotiable if you can complete the purchase within three months of viewing the property.

The buildings come unfurnished.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Real Property Included

Location:

Selat is situated between Lovina and Singaraja amidst northern Bali‘s rolling hills about a 20 min walk from the beach and approximately 2-3 hours by car from the international airport at Denpasar. The famous Lovina beach is about 5 kilometers away.

There have been plans to build a new airport in the north of Bali. If the airport is to be built, the bungalow complex could be reached from the new airport within a maximum of 60 minutes by car.

Possible leisure activities in the vicinity:

Excursions to nearby hot springs
Excursions to the Buddhist monastery of Brahma Arama Vihara
Snorkelling and scuba diving
Massages
Trekking in the mountains and to waterfalls
Excursions to coffee and cocoa plantations
Spiritual cleansing, blessings, or mediation at the temple in Singaraja
Dolphin-watching boat tours
Large local market in Singaraja
Indonesian cooking classes
and much, much more

Size in square feet:
94,400

Business Operation

Expansion Potential:

Expansion of the existing hotel business:

Only roughly half of the land plot is built-over, which means there exists the possibility for further expansion of the building complex. The bungalow complex therefore offers a lot of real estate development potential.

New development:

Another possibility is to develop a new project such as a new bungalow or hotel complex or private villas.

Also possible are projects like municipal or non-profit projects (kindergarden, school, orphanage, etc.), certain commercial buildings (offices, shops, warungs, supermarket, retail, etc.), health facilities (pharmacy, health clinic, doctor's office, etc.).

Reasons for selling:

Retirement

Trading hours:

24/7

Years established:
17

Other Information

Website:
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