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Kuta, Lombok Backpacker Hostel Looking For Passive Investors For Sale

Lombok, Nusa Tenggara Barat, Indonesia
Asking Price:
$146,000 (USD)
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

Imelda Homestay (Kuta Lombok) is looking for investors for redevelopment towards a Flashpacker Hostel on a 20-year lease. Think The Farm Hostel, Yoga Barn, Ubudian whereby the average guest spends 450k a night for a dorm bed looking for a clean and safe space to meet likeminded travelers, go on waterfall tours, and end the night with yoga session and drinks by the pool.

Kuta in the South of Lombok, is becoming an increasingly popular destination, as tourists look to escape the hustle and bustle of Bali.
A MotoGP street circuit, 4-lane highway, world class golf course, as well several nightclubs and day clubs are slated to open this year.

Imelda Homestay (placeholder name) can offer up to 11 rooms or 66 dorm beds for that traveler looking for an extra bit of comfort and class during their round the world trips or short breaks exploring the beautiful islands of Indonesia.

The management of the property would consist of the ex-owner of Lay Day and Slumber Party and former managers of My Mate’s Place, Gili Castle, and Gili Mansion. With a dream team overseeing the property, a top of the line experience is thereby guaranteed.

Total investment would consist of USD $115,000 for 100% of the property and USD $31,000 for 15% of the Management Company.

Land size is approximately 950 square meters.

Contact the office today to arrange an inspection.

First 3 photos are actual. Second 5 is of the type of flashpacker it will be redeveloped to

No agents or 3rd Parties. Genuine inquiries only

Property Information

Real Estate:

Lease

Lease Terms:

20 years lease

Location:

Kuta – South Lombok (approx 20 minutes from Lombok International Airport)

Premises Details:

Leased as described in the introduction

Size in square feet:
10,226

Business Operation

Expansion Potential:

The brand that will manage this property will be created by the brand creators of Motal Mexicola, Luigi’s, and DaMaria.

Competition / Market:

There are several backpacker hostel catering to the lower-end segment but none to the high-end flashpacker segment.

Reasons for selling:

Not selling, seeking investments

Trading hours:

As required

Employees:
Forecasted at approximately 12
Years established:
4

Other Information

Support & training:

This is for a passive investment, the property will be managed by a management company.

Contact Elite Bali Real Estate

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