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Luxury Rental Villas In Batam, Close To Singapore For Sale

Singapore
Asking Price:
$1,600,000 (SGD) Furniture / Fixtures included
Sales Revenue:
Available on request
Cash Flow:
Available on request

The two spacious luxury Balinese style 3 bedroom villas with their own 20 meter saltwater infinity pool are perfectly suited for personal use, investment or both. They are successfully operated as a luxury villa rental since 2018 with a 5* rating on TripAdvisor and a 9.7 on booking.com. A good market position is established and the rental income is highly profitable whereby other side activities can be easily developed.

New owners can take over the existing activities and enjoy a return on their investment instantly – or use the villa(s) for private purpose, or both, combining lifestyle and ROI from day one. The properties are for sale as a whole but also individually.

Both tropical villas are built on a unique piece of hill slope leasehold (41 years left) land, each measuring 1000 square meter overlooking the greens of the adjacent Indah Puri Golf Course, a scenic 18 holes course designed by the renowned Ronald Fream Design Group, and the China Sea. The design of the villas, 324 square meter each, is based on a “one floor” family concept with maximum privacy. While the basement, 380 square meters each, houses all service areas, in-house staff, management quarters and ample parking space.

More information is available for the genuine interested buyer.

Property Information

Real Estate:

Lease

Lease Terms:

11 years lease already paid. 30 year lease to be renewed at around US$ 20.000 for the whole period.

Living Accommodation:

There is a management suite in the basement which can be used when both villas are rented out.

Location:

On a private road in a secluded area just 10 minutes from the Sekupang ferry terminal with a regular 45 minute ferry service to Singapore.

Premises Details:

Adjacent to the Indah Puri Golf Course, a scenic 18 holes course designed by the renowned Ronald Fream Design Group, and overlooking the China Sea.

Size in square feet:
2.200 sqft land

Business Operation

Expansion Potential:

Expansion can be done with additional services like massage treatments, wedding planning, yoga sessions, etc. Another option is to increase the target group which is now only Singapore.

Competition / Market:

There is no similar competitive property on Batam. Smaller villas are available however in a hotel environment, meaning much less privacy.

Reasons for selling:

Owners are in retirement and would like, after being 30 years in Asia, moving back home to Europe.

Trading hours:

24/7

Employees:
6
Years established:
2

Other Information

Support & training:

Training and support from the owners as long is needed a year after purchase.

Furniture / Fixtures value:
$80,000 (SGD) - included in the asking price
Website:
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Home based:
This business can be run from home.

Contact Seller

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