This property is a long skinny plot of productive rice field, but there is money to be made here!
Measuring approx. 24 meters wide by 350 meters long the thing to do here is to dry it out, put in a 4 meter wide limestone road along the north-east boundary & sub-divide the land into 400 m2 (20m x 20m) & 600 m2 (20m x 30m) plots.
– Target market: The middle class from Jakarta & Surabaya, ie. where the money is. Plots such we suggest herein are very desirable for the Indonesian market – a place to build a second home & own a bit of Bali!
Power is only 2 poles away from the property & it is planned to widen the access road to 5 meters. Needs to be re-zoned for residential use (which takes 2 to 3 weeks) & in this area sub-divisions may not be smaller than 400 m2 plots.
And, we can do all of this for you – resell it all. Time frame start until the last plot is sold: 15 to 18 months & you will make a lot more than 20% p.a.
Asking: Rp.150,000,000 / Are