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From Owner - Freehold Hotel In North Bali For Sale

Lovina, Bali, Indonesia
Asking Price:
$360,000 (USD) Furniture / Fixtures included
Sales Revenue:
Available on request
Cash Flow:
Available on request

Our hotel has been both our home and business for the past ten years. It has been the most rewarding time of our lives, but now it is sadly time for us to move on. Our property is priced well below market value, making it the perfect time for the astute investor to take advantage of this great opportunity.

The hotel sits on an easy to maintain 1,000 square meter plot of land. It comprises of 8 guest rooms and a separate 2 bedroom house. The hotel also has a restaurant, kitchen, pool and on-site parking. The hotel comes with all furniture, ready to start operating and making money from day one.

All rooms have AC and hot water. Two rooms are very large and could be modified to self-contained villas. The upstairs rooms have sea views and all rooms look out onto the adjacent rice field.

There is plenty of room for expansion, either by building up or further land acquisition. Access is down a small road just off the main road which runs between Lovina and Singaraja.

We have hosted groups of up to 40 people in the past and the property could be used for a range of tourism-related businesses, such as a yoga retreat or dive center.

The hotel is located on the coast of north Bali, which is rapidly becoming popular with holidaymakers and investors alike. There are plans to build Bali's second airport in the north, ensuring positive growth prospects going forward.

While the property is not beachfront, it is just a short walk to the beach and nearby warungs (small Indonesian places to eat) and restaurants. It is on the beach side of the main road running between Lovina and Singaraja.

The area is becoming popular with several large hotel projects in development even during the pandemic. The hotel is for sale (freehold). We have all the necessary licenses and permits.

The hotel is currently leased until 2024 and it is being run as a business. You can check out the current leasee's website here: https://www.lovinavibes.com

We have an agreement to buy out the lease if you would like to immediately take over the hotel and run it yourself. If would like to purchase the property as an investment and collect the rental income (without running the hotel yourself) that is an option also and something that you can discuss with the current leasee.


For more information, please contact us by using the form below. We have tried to provide as much information in the advertisement as possible, so if you would like more information, please try and let us know what specific information or questions you have.

We are happy to discuss this further by Whatsapp or Zoom. We are currently living in Australia.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

The living accommodation consists of a 2 bedroom house with large open living and dining area which looks out onto the pool.

Location:

The hotel is located in the village of Anturan, between Lovina and Singaraja. It is an upcoming area with many large resorts being built close by.

Planning Consent:

It is generally quite easy to get new building permits for expansion if required.

Business Operation

Expansion Potential:

There is potential to add more rooms on the existing land by building up or in the restaurant area. There is plenty of vacant land also around the hotel and can put you in touch with the owners of the land if you require.

Competition / Market:

There is of course many hotels operating in the area, but in high season and holiday periods it can be difficult to find rooms available.

Reasons for selling:

Relocating

Trading hours:

Hotel is open year round

Employees:
Currently we only have security and cleaning staff
Years established:
2006

Other Information

Support & training:

We can provide any training and support during the sale and handover period.

Website:
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Home based:
This business can be run from home.