Set on 4,335 square meters of prime leasehold land, located at the western end of Nusa Lembongan in Bali’s Outer Islands, this listing represents a tremendous investment opportunity in an area witnessing explosive growth, increasing land prices and ever growing tourist numbers.
Considerable work has already been done on the site in land clearing, groundwork and infrastructure and is therefore ready for immediate development (subject to IMB) as well as providing an attractive opportunity to subdivide.
The opportunities are endless – zoned for tourism, the site is well suited to accommodate a large hotel, a profitable land subdivision, a private residential community or as the location for a large luxury residence.
Because of the work already done to prepare the land, substantial time and costs have been be saved which is further enhanced by the ability to return a profit in the short to medium term, as well as being an attractive long term investment holding.
A Joint Venture Investor would be considered to acquire a minimum of 50% of the project at a reasonable market value.
The lease length remains 27 years with option to extend for another 20 years.