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SUMBAWA – LUXURIOUS VILLA AND BUNGALOW COMPLEX FOR SALE IN SEKONGKANG NEAR YO-YOS SURF SPOT, WEST SUMBAWA (LHV794)

REFERENCE CODE:

LHV794

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2024

Year Built

7 x 15 Meters

Swimming Pool (m)

4 Meters

Access Road (m)

12 April 2053 + 20 Years Extension

Valid until

OWNERSHIP

Leasehold

Seize the opportunity to invest in a prime beachfront development in Sekongkang, West Sumbawa. This off-plan project offers a unique blend of luxury living and lucrative investment potential. Located just 400 meters from Yo-Yo’s Beach, a renowned surf spot with consistent waves year-round, this complex is perfect for discerning investors looking to capitalize on the area’s natural beauty and growing tourism industry.

Project Overview:

The development project spans a 4000 m² plot, situated steps away from the beach. The project includes 8 bungalows and 5 villas, complemented by a restaurant/cafe, a large pool, parking facilities, a playground for kids, and an open gym. The land is flat, dry, and ready for construction, with mango trees yielding a bountiful harvest of 3.5 tons in 2023.

Key Features of the Development:

  1. Location: Sekongkang, West Sumbawa
  2. Proximity: 400 meters from Yo-Yo’s Beach, close to key amenities and natural attractions
  3. Land Type: Leasehold valid until 12-04-2053 (extendable by 20 years)
  4. Infrastructure:Water filter/sewage system and generator
  5. Restaurant managed by an experienced operator
  6. Facility and rental management outsourced

Complex Details:

  1. Total Area: 4000 m²
  2. Components:8 Bungalows (48.3 m² each)
  3. 5 Villas (120 m² each)
  4. Restaurant/Cafe with 50 seats
  5. Large pool (7×15 m)
  6. Parking facilities
  7. Kids playground and open gym
  8. Asking Price: $1,450,000 for the entire complex

Investment Overview:

  1. Revenue Potential:Bungalows: 8 units x $60 per day x 65% occupancy = $113,880 per year
  2. Villas: 5 units x $120 per day x 65% occupancy = $142,350 per year
  3. Restaurant: Estimated revenue of $12,000 per year
  4. Total Estimated Revenue: $268,230 per year
  5. Costs:Management: $6,400 per year
  6. Electricity: ~$9,800 per year
  7. Rental management: 20%
  8. Tax: 10%
  9. Return on Investment:Direct payback period: 5-8 years

Community and Amenities:

  1. Common Facilities:Large shared pool (7×15 m)
  2. Kids playground and open gym
  3. Parking for cars and motorcycles
  4. Surf and bike rentals
  5. Nearby Attractions:Surfing, diving, waterfalls, hiking, and other activities

Project Status:

  1. Permits: 100% completed
  2. Design: 100% completed
  3. Stage 1: Construction of 3 bungalows and 1 villa (70% completed as of June 2024, planned completion by September 2024)
  4. Stage 2: Construction of the restaurant, pool, 5 bungalows, and 4 villas (planned from August 2024 to March 2025)

This luxurious villa and bungalow complex in Sekongkang offers a rare chance to invest in a prime location with exceptional growth potential. With its strategic location near Yo-Yo’s Beach and comprehensive amenities, this project is perfect for investors seeking high returns and a prestigious property portfolio. Don’t miss out on this extraordinary opportunity to secure a piece of paradise in West Sumbawa. Contact us today to learn more and make your investment a reality.

For more details and to arrange a viewing, please contact us.

Original listing currency is in USD.


Furniture Fully Furnished

Furniture

Fully Furnished

Garden Yes

Garden

Yes

Internet 4G-5G

Internet

4G-5G

View Mountain

View

Mountain

Parking On-site Parking

Parking

On-site Parking

Zoning Tourism

Zoning

Tourism

Swimming Pool Swimming Pool

Swimming Pool

Swimming Pool

TV Cable null

TV Cable

Water Supply Drilled Well

Water Supply

Drilled Well

REFERENCE CODE:

LHV794

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Contact The Agent

Julien Herry

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