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Property Ref: 2232

Medewi Bay Retreat for sale in Beautiful Bali, Indonesia

Property Type: Resorts

Sale Type: Freehold Going Concern

Region: Rest of the World

Physical Address: Negara, Bali, Indonesia

Price: Massive Price reduction to AU$2m (vendor finance available)

Broker: Malcolm Teesdale

Mobile: +64 27 530 8738

Email: malcolm@tourismproperties.com

Price Reduced and Vendor Finance Available!

Medewi Bay Retreat is the perfect destination for those seeking a quiet relaxing holiday in a stunning tropical island setting. In fact, there is no better way to discover the real Bali.

Just two hours’ drive from Kuta, on the lush West coast of Bali, Medewi Bay Retreat is nestled among spectacular mountains, surrounded by ocean and coconut plantations. Just minutes away are the famous surf beaches of Medewi and Balian Beach.

Set in some 8,900 m2 of lush tropical gardens, the resort accommodations currently include some 27 units:

  • 16 studios (12 more are under construction)
  • 6  one-bedroom villas (2 of which share a private pool)
  • 3  two-bedroom suite villas
  • 1 three-bedroom villa
  • 1 two-bedroom pool villa (with another under construction)

The stylish rooms are elegantly furnished with quality chattels. Each studio or villa features a private balcony/terrace with garden views, living room and dining area, kitchenette/kitchen complete with a minibar and tea/coffee-making facilities.

The resort also features a reception lobby with gift/souvenir shop; a bar/restaurant seating 60 with associated commercial kitchen; and a spectacular pool and spa complex.

Medewi Bay Retreat is running very successfully at an average 80% occupancy.  Only the owner’s desire to retire has brought about this sale.

The Offer:

We offer for sale the Freehold Going Concern of Medewi Bay Retreat. The sale includes all chattels necessary to the operation of the resort.

The indicative price of AU$2.0 million is for the resort as described, with 27 lettable units. However, Medewi Bay Retreat is a living, growing organisation with new units always under construction (there is still enough empty lot space to build 12 more condominiums and 5 more villas). Other units may be offered for sale to individuals. The final selling price will be negotiated on the basis of the resort status at the time of sale.

Full financial disclosure will be available under due diligence.

VENDOR FINANCE IS AVAILABLE TO APPROVED PURCHASERS

Note: Foreigners are not able to own Indonesian land in their own name. However they are permitted to lease land in their own name, and that right is legally enforceable in an Indonesian court of law. To make the transaction as secure as possible for a foreign purchaser, a 100 year renewable lease will be created.

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P&L 2016

P&L 2014

P&L 2015

Accommodations

Background Information

Future Developments

Site Plan

Property Details

Property Type

Resorts

Sale Type

Freehold Going Concern

Region

Rest of the World

Physical Address

Negara, Bali, Indonesia

Price

Massive Price reduction to AU$2m (vendor finance available)

Contact Agents

Malcom Teesdale - Tourism Properties Business Broker

Malcolm Teesdale

Tourism & Hospitality Business Broker
Waikato, Taupo, Central Plateau & Bay of Plenty
International: +64 27 530 8738
NZ Mobile: 027 530 8738

Email: malcolm@tourismproperties.com

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