This 86 ARE leasehold property is perfectly located in Cemagi. It's stunning location is just a stone throw away from the Jeh Poh River and 800m from Mengening Beach are. Zoned for Tourism Land (Pink), it is ideal for building villas, especially if you want tourists to stay and for a great ROI.
This large parcel of land has been subdivided into 10 spacious Plots, with 4 that have already been sold. The remaining plots range from 328m2 to a substantial 1580m2. There is also a private access road of 4.5m that stretches the length of the development.
The lessee has the option of taking a 30 year leasehold contract with an extendable option for an additional period of a maximum of 25 years.

• Title: Leasehold (Hak Sewa)
• Leasehold Period 30 Years (Option to Extend)
• Land Area: 86 ARE / 8600m2 subdivided into 10 Plots
• Zoning: Tourism Land (Pink)
• Access Road: 4.5 Meter
• 800m From Mengening Beach Area
• Walking distance (560m) to Jeh Poh River

Price Per ARE: (Price as of 9 April 2024)
Rp 21 000 000 / ARE / Year

Plot Size and Price:
Plot 01: 4 ARE / 400m2
Price:
Rp 2 520 000 000 IDR
$ 158 540 USD
€ 146 040 EUR

Plot 02: 15.80 ARE / 1580m2
Price:
Rp 9 954 000 000 IDR
$ 626 230 USD
€ 576 870 EUR

Plot 03: 6 ARE / 600m2
SOLD

Plot 04: 13.25 ARE / 1325m2
Price:
Rp 8 347 500 000 IDR
$ 525 165 USD
€ 483 770 EUR

Plot 05: 10 ARE / 1000m2
SOLD

Plot 06: 10 ARE / 1000m2
Price:
Rp 6 300 000 000 IDR
$ 396 350 USD
€ 365 100 EUR

Plot 07: 3.28 ARE / 328m2
Price:
Rp 2 066 400 000 IDR
$ 130 000 USD
€ 119 750 EUR

Plot 08: 2.5 ARE / 250m2
SOLD

Plot 09: 2.5 ARE / 250m2
SOLD

Plot 10: 6 ARE / 600m2
Price:
Rp 3 780 000 000 IDR
$ 237 810 USD
€ 219 065 EUR

Please note:
*** Dollar Prices subject to exchange rate. Fixed price set at IDR cost ***
*** Price excludes 2.5% HGB title conversion cost for foreign ownership ***
*** Land Tax would need to be paid by buyer (11%) ***
*** Price excludes 1% notary fee ***

*** The Meraki Concept is also able to assist with all your design and construction needs offering a complete project management service for your development.