RFRE are delighted to offer FOR SALE EXCLUSIVELY the wonderful and unique opportunity to invest in TANOMA BEACHFRONT RESORT on the picturesque Island of SUMBA
Price $3,850,000 USD
Included in the price is…
c 7000 sqm of beachfront/greenbelt land with the beachfront villas and restaurant and pool
plus
12,911 sqm plus 7,935 sqm of adjacent land for Phases 2 and 3 and the existing non beachfront units
and
9960 sq m of land ( approximately 5 minutes away ) which can be developed to create offices and staff accommodation
CURRENTLY OFFERS 14 BEDROOMS — WILL SLEEP 28 OR 42 WITH TRIPLE OCCUPANCY
Will suit INVESTORS, DEVELOPERS, HOTEL OPERATORS
Developers can build out and sell to hotel operator and investor (running the current villas during build)
Developer can build and sell off villas in Phases 2 and 3 individually
Hotel Operator can take over now and develop out while running the accommodation and restaurant
The project is designed in 3 phases on the main location and an additional plot for staff accommodation and offices less than 5 minutes away
Phase 1 Currently which is complete and operational consists of:
Opportunity to expand with permits in place for 2 more phases
Phase 2 & 3 will require building and completion (note that the land and infrastructure is included in the asking price).
Key Features
Re Phase 2
Permits in pace for:
Re Phase 3
Permits in place for:
Profit Estimates
On Completion of Phases 2 and 3
In IDR (Billion)
2025 – 11.83 IDR
2026 – 16.61 IDR
2027 – 22.89 IDR
2028 – 24.39 IDR
2029 – 25.91 IDR
Location
THE BEST BEAUTIFUL ISLAND IN THE WORLD
As voted for by the German Magazine FOCUS
Sumba is a paradise island, its off-grid with a raw energy and knotted jungles, rock pools and great waves in the Indian Ocean on the edge of the Savu Sea. Only 50 minutes from Bali by turboprop plane, but double the size.
The island is quiet without traffic, but with a landscape which is diverse and pristine. Expect to see wild horses and pristine waterfalls that almost don’t look real, traditional villages, dense jungle and rolling hills that you’ll wonder why more tourists aren’t flocking here as of yet. But tourism numbers are increasing and now is the time to buy!