Hotel for sale in front of Mall Galeria

FOR SALE | HOTEL DEVELOPMENT PROJECT 96-Key Hotel Investment Opportunity – Bali Strategic Hospitality Asset with High Value-Add Potential Rare opportunity to acquire a hotel project that is approximately 75% built and ready to be continued to operational readiness. Ideal for investors, developers, or hotel operators looking to save permitting time and accelerate the process to hotel opening. Property Overview: Land Status: * Land Area: 1.565 m² * Status: SHM (Freehold) * Front Width: ±50 meters Building: * IMB: 5 Floors + 1 Basement * Building Area: ±4.500 m² * Construction Progress: ±75% complete * Condition: Requires construction completion, renovation, MEP installation, interior, furniture, fixture & equipment (FF&E), and commissioning before operation. Planned Hotel Facilities * 96 Guest Rooms * Swimming Pool * Restaurant & Bar * Basement Parking * Lobby & Reception * Back Office & Service Area Asking Price: IDR. 70 Billion Investment Highlights: * Freehold (SHM) Asset * Building Permit Already in Place * Construction Progress ±75% * Significantly Shorter Time to Market Compared with Building a New Hotel * Opportunity to Customize Design, Brand, and Hotel Operator * Strong Potential for Capital Appreciation and Hospitality Income Indicative Investment Performance (After Completion): Illustrative Operating Assumptions: * 96 Rooms * Average Occupancy: 70% * Average Daily Rate (ADR): Rp750.000 per night Estimated Annual Room Revenue ≈ Rp. 18.4 billion Estimated Total Revenue: (with restaurant, bar, and other services) ≈ Rp. 20–22 billion per year Estimated EBITDA ≈ Rp. 6–7.7 billion per year Indicative ROI Approximately 8–11% per year, depending on: * Total project completion and renovation costs. * Market positioning. * Selected hotel operator. * Occupancy and room rates after operation. Ideal For: ✓ Hotel Operators ✓ Hospitality Investment Funds ✓ Real Estate Developers ✓ Private Equity Investors Contact: Joseph Karundeng 📞 Tel / WhatsApp: +628214420---- or +6281789---- *Qualified buyers and investors only. Proof of Funds (POF) or Bank Reference may be requested before providing due diligence documents, feasibility studies, or scheduling site inspection.*