Sanur beach side property

BALI brings to mind Paradise and Tourism, both synonymous with this idyllic Island. To the business person, this equates to a fantastic investment. BALI offers plenty....it is so picturesque that it is a painted backdrop on many a website, with rice paddies spilling down the hillsides like giant steps, volcanoes soaring up through the clouds, lush tropical jungles, long sandy beaches and inviting warm, crystal blue ocean waters teaming with over 900 species of marine life. Bali is imbued with spiritual significance which forms a part of the rich cultural life of the unique Balinese people, whose natural grace fits the image of how people should live in Paradise.

The tiny island of Bali has become a massive tourist destination....simply because it is a great place for a tropical island holiday....and that's what people want !     The first tourist destination on Bali was the village of Sanur, still a wonderful place for a family holiday. Its roads and its beaches are safe; it is cool and laid-back, just very enjoyable, with many restaurants at varying price levels. So here is good news for investors:

57 Are (5 700 m2) of Prime Vacant Land in SANUR
Area zoned for 'Tourism '
2 neighbouring properties : 42.5 Are (4 250 m2) and 14.5 Are (1450 m2)
The adjoining plots are surrounded by major International Hotels.
The larger property of 4 250m2 has a main road frontage of 33m (excellent access for your hotel or resort's forecourt / entrance).
Just 300m back from the beachfront, it's a pleasant 5 minute stroll to the beach for your hotel or villa guests.
Vacant land in this area of Sanur is extremely limited and does not come onto the market often.
The smaller property of 1 450m2 has its own, separate access.
Approximately 75% of the 5 700m2 land has a 3m high boundary wall around it (big cost saving).
Owner would prefer to sell both properties as one package, however, if need be, the properties can be sold separately.
Remaining Leasehold: On the 4 250m2 property 43years. On the 1 450m2 property 46 years.
Current market related price for this prime SANUR land : Rp 12 million per Are per year.
Seller is prepared to market the properties for Rp 10 million per Are per year.
That's a 17 % DISCOUNT off current market value before negotiating.
Total price for the 2 properties :  IDR 24.945 Billion