An extraordinary opportunity awaits to complete the development of an 18-master suite bedroom retreat, configurable to accommodate up to 40+ beds. Nestled in a magical setting with protected, breathtaking jungle vistas and river views, this retreat center or boutique hotel is conveniently located just 2.5 km from Ubud center, spanning approximately 77 are of land.

The design encompasses two yoga studios, a restaurant, a spa, an office, and a large pool, offering flexibility for various hospitality ventures. Architectural plans by the acclaimed and award-winning architect Popo Danes are included in the sale, showcasing stunning renders to inspire your vision.

Alternatively, utilize the constructed shell as a blank canvas to tailor your desired development.

With the groundwork of securing the land for 24 years, excavation, and foundation already completed, the hard work has been done, and this opportunity is primed for progression.

This exceptionally coveted property boasts breathtaking river views that are protected from further development.

The project is already 50% complete, with foundations laid and the shell of all physical structures in place. A recent inspection of the construction site by the previous contractor confirmed that no degradation has occurred.

It's estimated that the project requires in excess of $1 million USD to finish, and this budget will vary based on the final fixtures and finishings.

Please note that this sale can include a PT PMA (foreign-owned company).

Pictures show the retreat in its current state and renders available from architect Popo Danes.

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* Investor-friendly, Forbes has rated Bali as the 4th most attractive investment location globally. Indonesia's government continues to demonstrate its commitment to implementing investor-friendly policies, further bolstering the appeal of investing in the region.

* High profitability and fast payback are key features of this investment opportunity. With a robust Return on Investment (ROI) of 15% and above, investors can expect to recoup their initial investment within approximately 7 years.

* Boasting high tourist demand, Bali has been acclaimed as the world's most desired tourist destination by Booking.com and secured the 2nd place spot in the TripAdvisor Travelers' Choice Awards for 2023.

* Increasing values of land & real estate, The value of land and real estate in Bali continues to rise steadily, with annual growth rates averaging between 15% to 20%. With such promising trends, Bali is poised to become one of the most sought-after investment destinations in the next 2 to 5 years.

* A strong, growing economy, With Indonesia being the 4th largest country globally by population, its economy has demonstrated remarkable growth, expanding its GDP fourfold since 2000. Sustaining a consistent annual growth rate of over 5%, Indonesia represents a strong and thriving economy.

* Low inflation and low salary, Indonesia enjoys the benefits of low inflation and modest salaries, attributed to minimal transmission of producer price inflation onto consumers. This combination contributes to a stable economic environment conducive to investment.