Situated right on the main road in the center of Penestanan, is this ideally located accommodation business accommodating up to 12 people comfortably with a strong historical ROI and offered now for leasehold sale.
The current and original owner has built solid, durable and well designed five x 1 bedroom 1-bathroom guest rooms plus one x 1 bedroom 1 bathroom deluxe mini villa complete with kitchen and living space.
Offered as fully furnished, with sparkling swimming pool, off street parking, staff quarters and located in prime tourist hot spot.
With 70% occupancy all year round and an average nightly rate of IDR600.000 plus a solid forward booking forecast, this opportunity to invest should not be missed.
Summary:
Leasehold: 17 years (until 2035) plus option to extend
Fully Furnished
Swimming Pool
Tourist Location
Great ROI
Perfect Investment Opportunity
Penestanan is situated just a few minutes drive from the town center of Ubud, in the uplands of Bali known as a center for traditional crafts and dance. The surrounding Ubud District’s rainforest and terraced rice paddies, dotted with Hindu temples and shrines, are among Bali’s most famous landscapes. Ancient holy sites include the intricately carved Goa Gajah (“Elephant Cave”) and Gunung Kawi, with its rock-cut shrines.