1 ht Sekongkang Roadside Partner Project P#1
In the above pic you see the property along the main highway which runs from Sekongkang to Tropical beach area and beyond. The property slopes gently up from the road and is partially bush partially jungle environment. The owner says he will clear the land and put a road access into the property.
The asking price for these properties is Rp 7,000,000 / are, or us$ 528 / are.
Note: remember, there are 100 "are" in a hectare.
This equates to (100 * 528) = us$ 52,800
More about the Sekongkang area:
The property is in West Sumbawa. About 1.5 hr ferry boat from Lombok. The main airport in West Sumbawa is about 2.5 hrs away. The best way to get to this area of Sumbawa is by the "fast" boat operated by the mine and available to the public which leaves Benete in Lombock and docks at Kayangan in West Sumbawa about 15 min drive to Sekongkang.
The local village is called "Sekongkang". Lots of great surfing, fishing and beaches in the area all easily accessible by scooter. The local government has made a commitment to invest in this area to increase tourism. A new hospital being built in the near by village and the nearby airport is suppose to start operating again in 2017. About 6 miles away there's a big copper/gold mine that has been in operation for over 20 years. This means the locals are comfortable with foreigners in the area. It also means the area is protected by the government.
The Investment Concept;
This property is a perfect "Land Banking" concept type of an investment for a Partnership purchase. It is a prime locations to take advantage of the future growth of Sekongkang village. It has easy access along the highway. The present owner will clear the land and run an access road into the property.
We suggest installation city water as well as drill a well or two to increase attractiveness to the property. As a "Land Banking" investment we would then leave the land as is for at least 3 years with a Project Timeline of 5 years then sell it whole.
The specific details of the property project are laid out in the Partnership Agreement, Appendix A.
The Estimated Investment Project Breakdown and Estimated Return;
Concept 1 - Land Banking
Asking Price: us$ 52,800
Service the property in the form of extending the road access, drilling wells and/or running city water and electricity into the property and adding landfill is estimated at us$ 5,000.
This project has a 5 year timeframe. All costs and fees estimated slightly high.
|Property Purchase Price||US$||52,800|
|Purchase Tax (5%)||2,640|
|Annual Property Taxes (5 years)||2,500|
|Annual Admin Fee (us$ 1,400/yr)||7,000|
|Total Investment Package||US$||77,968|
|Property Sell Price (3 * original value)||US$||158,400|
|Selling Tax (5%)||7,920|
|Gross Investment Return||US$||144,980|
|10% BTPI.Co (minus our 1% & annual admin)||6,970|
|NET RETURN TO INVESTOR (S)||US$||138,010|
This project requires us$ 78,000.
To participate as an partner in this project a minimum investment of us$ 10,000 is set.
Summary of Project:
1 hectare Property located Sekonkang Village, Sumbawa,Indonesia.
Five (5) year expected termthree (3) year financial commitment
Early withdrawal from Partnership;
If less than 3 years - principal plus 3% per annum pro rated.
After 3 years - principal plus 7% per annum prorated.
77% on investment amount. (15.4 % per annum)
The Partnership Process;
With these Partnership Groups, and our Nominee Ownership service, BTPI.Co offers their clients the opportunity to invest in property;
SIMPLY, SECURELY and DISCREETLY.
It follows a 3 step process:
1) Party becomes BTPI.Co Client:
-Fills out and returns Client Infomation Form
- Signs Exclusivity Agreement with BTPI.Co
- Client confirms intentions to become a Partner in P#1.
Once Partners identified:
- Transfers funds to BTPI.Co account
2) Property Purchased and managed throughout term of project.
Partnership group signs:
- loan/purchase agreement with PT Bali Sukses
- guarantee and POA letter with PT Bali Sukses
3) Sale of Property:
- Property sold
- fees, costs, taxes are paid
- net funds disbursed to Partners
note about investment groups: Once we have offered you a position in an investment group and you decide to participate in that group, you will need to transfer us$5,000 to our account. This deposit will be held in our account, is fully refundable should you decide to withdraw from the group (prior to any deal being started) and will be used as did part of your portion of payment on the deal. We do this because you probably will not know your partners and they don't know you so simply speaking, if you put us$5K in our account then we know your serious, and so do your partners.