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Unique And Intimate Boutique Resort In Stunning Location For Sale

Sidemen, Karangasem, Bali
Asking Price:
$1,200,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
Available on request
Cash Flow:
Available on request

This beautiful resort was built by us in 2012 with the very passion that it is operated with today. Excellent management is in place therefore this business can be operated remotely as an investment or the new owner can interact and be involved in the day to day operations. Either way, the business operates extremely successfully.

Samanvaya is situated in the Sidemen Valley on the rice terraces of Tabola (East Bali) and offers stunning views across rice terraces to the hills and sea, together with Mount Agung to the rear. The Sidemen Valley is still very traditional and as travellers search evermore for the 'original' Bali, so the area has popped up on the radar and as word spreads, so are the growing numbers to the area. Samanvaya is well placed with high quality and well maintained facilities to capture the mid/upper market of travellers.

The built land for the resort (approximately 3000 sqm), is leasehold until 2052 plus we have an additional 3000 sqm on a 20 year contract to protect the views for our guests. (all leases are fully pre-paid).

Do you ever get that instant special feeling when you go somewhere, that you know ‘This is the place and you have come home?’ Well that’s what most people feel when they arrive here!

We have 11 fabulous detached rooms for guests. The facilities are excellent which include an Infinity Pool, Jacuzzi, a Hot Tub, Restaurant, Lounge Bar, Yoga Hall, Spa and small Gallery. We also offer an extensive and successful tour program to our guests.

The yoga building especially offers great potential for yoga groups although we have to admit, because we know nothing really about yoga, the yoga hall has to date, been very much underutilized.

The accommodation itself consists of 7 ironwood/lassiewood lodges and 4 bamboo lumbungs. All of our stylish boutique accommodation together with the yoga/spa and restaurant, are unique, which is just one of the reasons that attracts guests here in the first instance; to be somewhere different, somewhere special…….

We have very good occupancy and profit margins (which continues to grow year on year) and still there is huge potential to increase.

There is beautiful owners 2 bedroom accommodation with stunning views and custom furnishings (as with all of our guest rooms).

The resort is managed by our own Indonesian PMA company which is included in the sale and allows the owners or others the right to work permits for non-Indonesians.

This business can be ‘hands on’ if desired, but we are now travelling far more and have no concerns about being ‘away’ from the business as we have excellent young management and staff that are motivated, efficient and well trusted.

We receive great reviews even when we are not here, are ‘Top Choice’ in Lonely Planet (both Indonesia and Bali) and every time we come home, it’s always a joy for us to see Samanvaya looking so good!

Why are we selling? For us it’s time think about retirement.

Further information available upon request, please contact seller below for more details (and don't forget to check your spam folder)!

Property information

Real Estate:

Lease

Lease Terms:

Lease for the resort expires in 2052 and has been fully paid .

Lease for 'contract view' expires in 2034 and has been fully paid. (Contract View land may not be built on and must be retained as rice field land).

Leasehold Rent:

nil per annum

Living Accommodation:

Our home is a beautiful bamboo lumbung on the very edge of the resort with stunning views to the sea and is adjacent to the rice fields. Built on 2 levels, there are 2 bedrooms, lounge, 2 bathrooms (1 en suite) and small kitchenette area. All furniture is custom made and of very good quality.

Location:

Situated in the enviable location on Sidemen Rice Terraces. Tabola village is the designated tourism zone of this traditional region of the Sidemen Valley. Just 1 hr from Ubud, 1 hr from Padang Bai, 1.5 hrs from the airport but a world away from the commercialism of much of the island and where time moves naturally.

Premises Details:

Our 'mission statement' is Samanvaya, where beauty has no boundaries.........
360 degree stunning scenery and built to blend sympathetically with the local environment. Natural materials have been used where ever possible making Samanvaya a rather unique experience.

Size in square feet:
3000 sq metres + 3000 sq metres for contract view
Planning Consent:

IMB 2012 and 2014

Business Operation

Expansion Potential:

In early 2016 Samanvaya was completed which now places the resort in an excellent position to grow even further with the developing market of tourism in the valley.

The new yoga hall has yet to be utilised properly as truthfully, we know nothing about yoga! There has been no marketing as yet for yoga but believe there is huge potential in this area. In 2016 we had one yoga group which was very successful and they are returning again in 2017.

Competition / Market:

There are many small hotels in Tabola, although Samanvaya stands out as a rather unique hotel with quality facilities for our clients comfort.

Reasons for selling:

Owners retiring

Trading hours:

24/7 All year

Employees:
20
Years established:
Built and opened 2012

Other Information

Support & training:

All training can be arranged if required, however, there is excellent staff and management in place for day to day operations of the resort.

Financing available:

Up to 33% available

Website:
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Home based:
This business can be run from home.

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