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Bungalows Beautiful View!

Land size: 8,770 sqms
Build size: 4,300 sqms
Freehold
No of bedrooms: 5
No of bathrooms: 6
Style of property: Traditional
No of floor: 1
Year built: 2000 / 2004
Access: Asphalt
Parking: 4 cars
Sold unfurnished
Water source: Well
Roof type: Tiles
View: Garden, Hills, Partially Ocean
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Bungalow Complex:
Designed with great attention to details, the bungalows are enveloped in a tropical garden with a total land area of approximately 2.16 acres (approx. 8.770 sq m).
• 3 Superior Bungalows and 2 Standard Bungalows (double bungalows), each with its own terrace, bathroom, cooling fans, safe, hot water, WiFi, and either with double or single beds.
• Main house with 4 bed rooms, bathroom, kitchen, and laundry room with hot water washing machine.
• Octagonal pavilion for relaxation, 8x8 m. Yoga equipment, a massage table and meditation pillows.
• 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
• Lush and beautiful ornamental and kitchen garden (ecological upkeep without chemicals)
• Parking spaces
Besides being rented out to individual travellers, the bungalows are also ideal for hosting seminars, workshops, and retreats, particularly those with social, spiritual, and/or ecological agendas. 

All furniture and equipment to be sold separately.
Investment options:
Existing hotel business:
The hotel business can be taken over at any time.
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.
For all options: A new owner can choose to continue the business under the existing brand or to create a new brand altogether. Whether you can take over the existing client data base will be subject for discussion and depends on the new project presented.
According to various news sources there are plans to build another international airport in northern Bali within the next few years. If true, the bungalow complex could be reached from the new airport within no more than 60 minutes by car.
Possible leisure activities in the vicinity:
• Excursions to nearby hot springs
• Excursions to the Buddhist monastery of Brahma Arama Vihara
• Snorkeling and scuba diving
• Massages
• Trekking in the mountains and to water falls
• 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

Features

Ocean views
5 6 4
Address Lot, C768 Lovina, North Bali
Price Rp4,740,000,000
Property Type Commercial
Property ID 768
Category Hotel/Leisure
Land Area 8,770 m2
Office Area 4,300m2
Floor Area 4,300 m2

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Ketut Sumartana

+62 (0) 851 0088 9803
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