Description
On offer is a fully operational 9 bungalow hotel for sale in Bali, with a successful 11 year operations track record on the local market.
The property has a total land area of approximately 2,000 m2, with the total of the constructed areas being 728 m2 and bungalows ranging in size from 44 to 64 m2 respectively. The hotel underwent its last renovation in 2019.
All of the bungalows are built from environmentally friendly materials, in a gentle blend between a modern design and traditional Balinese style. All furniture in the hotel is handmade from teak. The spacious verandas have bamboo seating furniture and a minibar.
The hotel is also extremely well located at only 100 metres from the sand beach and the ocean. A variety of café's, bars and places to eat are all nearby, as well as lounge chairs on the beach if your guests wish to head down to the beach.
The property and all of its assets are being offered as a leasehold purchase until 2030 at $350,000 USD. A prolonged leasehold period can immediately be negotiated from the date of purchase for a preferred period of 10, 20 or 30 years (at approximately $250 USD per 100 m2/year).
HOTEL AMENITIES
100 Metres to the Beach & Ocean
Large Swimming Pool
Yoga Shala
Jacuzzi
Restaurant Serving Indonesia & European Cuisine
Free WiFi
Air Conditioning
Minibar
Safe
READY HOTEL RENOVATION & EXPANSION PLANS
The hotel has 3 ready expansion plan options if a new owner wished to capitalize on the amount of land currently in use or to expand further, which all include the possibility of increasing the number of rooms:
Turnkey 18 Room Renovation Project ($150,000 USD) — Would consist of addition of a second floor to all of the current bungalows.
Turnkey 29 Room Land Lease & Expansion Plan ($250,000 USD) — Would consist of the lease of neighbouring land and the addition of new bungalows.
Turnkey 38 Room Land Lease & Renovation Expansion Plan ($400,000 USD) — Would consist of a combination of the 2 previous plans, meaning the construction of a second floor & expansion into new bungalows.
CURRENT HOTEL REVENUE
Average Bungalow Price Per Day: $33 USD/night
Average Occupancy: 65%
Gross Income Per Year (EBITDA): $130,000 USD(Includes Restaurant, Excursions, Shuttle & Other Services)
Operating Expenses Per Year: $40,500 USD
Net Income Per Year: $89,500 USD
Return on Investment: Approximately 4 Years
NEARBY ACTIVITIES
Diving
Yachting
Snorkeling
Fishing
Variety of wellness & yoga centers
DISTANCES
Candidasa Beach — 20 Metres
Bugbug Beach — 2.3 Kilometres
Sengkidu Beach — 2.7 Kilometres
Mendira Beach — 3.1 Kilometres
Ngurah Rai International Airport (DPS) — 52 Kilometres (90 minutes)
Popular Kuta & Seminyak Areas — 1.5 Hour Drive