LOCATION: Kuta, Central Lombok, Lombok island, Indonesia
DESCRIPTION: Spoiled with epic views over South Lombok coastline, Ashtari is a majestic Spanish styled “Masia” construction that features outdoor and indoor comfortable seating on a 4,400 sqm large property.
SIZE: 4,400 sqm
PRICE RANGE: This unique opportunity, valued at less than US$2 million, offers excellent growth prospects and opportunities to further expand or scale the business. All the hard work has been done for you, walk straight in to this fully operational business and reap the rewards from day one and convert the property into your dream project. Management and staff have been in place for many years and the owner is prepared to fully train the new owner and is committed to the continued success of the business.
FEATURES: At Horizon, the in-house restaurant & lounge, with its 150 guests daily, the 250 sqm chilled interior offers a clear and natural atmosphere thanks to its pastel colors and delightful planters. When the sun hits the horizon it evolves into a bustling scene with weekly events. From sunrise to sunset, you can practice yoga surrounded by nature, follow traditional cooking classes and appreciate the rich organic items of the vegetable garden. You can even stay overnight and experience Ashtari Loft, a 100sqm comfortable seafront apartment with a 18sqm private terrace.
As the current owners only use 15% of the whole land, the new investor(s) can leverage their investment by taking either the easy path and transform the existing space into a 4 room mini hotel with the restaurant, or they can replicate the successful Loft concept and make it a boutique hotel with a world class Spa.