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New 5 Star Luxury Resort In Bintan Indonesia For Sale

Bintan, Riau
Asking Price:
$130,000 (USD) Furniture / Fixtures included
Sales Revenue:
$75,000 (USD)
Cash Flow:
Under $50K (USD)

Rare Opportunity! Opening in 2019!

New 5 star Luxury Resort in Bintan Indonesia

* Location : 5 min from New international airport in Bintan (Open in 2020), Bintan is one of the popular tourist attraction island followed Bali/Lombok and just 1 hour
distance from Singapore via ferry, one of the top 5 destination for Singaporean’s tour attraction
* Managed by Grand Melia Hotel and Resort, Hotel Announcement link as below
https://www.meliahotelsinternational.com/en/press-room/03072016/melia-hotels-international-expands-footprint-indonesia-addition-melia-bintan
* Ownership : Free hold and eligible to foreigner
* Investment Benefit : Profit sharing with Hotel management for 17 years(1st Term) : 40(Investor)/60(Hotel Management), Estimated monthly income is USD 1,200-
1,500, Detailed illustration is as attached file. Asset value increase yearly 10-15%(estimated), Total ROI is 20% yearly.
* Hotel Grand opening Date: Operation in Dec 2019, Building construction progress as attached photos in Dec 2018
* Room Type/Size : Sea view with balcony and 41 sqm
* Room Occupancy Rate: 70% - 2020, 80% -2021, 90% thereafter, Avg.occupancy rate is 80-90% in Bintan
* Selling Price : USD 130k
* Additional cash flow and maintenance cost: Not required
* Additional benefits: Free 21 points stay per year( Weekdays-1 point, Weekend-2 points, Peak season-3 points), It can be treated to other family member and
friends.

Thank you,
Scott

If interested, please contact me through the form on this page.

Property information

Real Estate:

Real Property Included

Living Accommodation:

Max 21 days of free nights annually

Location:

Bintan Indonesia

Premises Details:

https://goo.gl/maps/CDm1aT4k69s

Size in square feet:
41sqm

Business Operation

Competition / Market:

Other pre-developed resort and hotels but this resort will be new development in Bintan

Reasons for selling:

Selling for personal reason

Trading hours:

24/7 Operation

Employees:
Over 500
Years established:
2019

Other Information

Furniture / Fixtures value:
$20,000 (USD) - included in the asking price
Website:
Login or register to view link
Related Documents:
Home based:
This business can be run from home.
Administration / receivership:
This business is in administration / receivership

Contact Information

    1. Your Address

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