5 hectare Beachfront Partner Project P#2
This property has approximately 200 meters of beachfront with raising hilly terrain which is slightly rocky. It is located on Sekongkang Beach, near Sekongkang village, which will be targeted by the local government for invest in the tourist industry and is less than a kilometer from the airport which is to begin operating flights in 2017.
The asking price for this property is Rp 15,000,000 / are, or, us$ 1,129 / are.
note: remember there are 100 "are" in a hectare.
This equates to (500 * 1,129) = us$ 564,500
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 is a perfect "Land Banking" concept type of investment for the Partnership Group. As a Land Banking investment there is no individual or group development planned for the property beyond suggested services and access.
After the purchase, we suggest minimal service installation (access road continuation, water, electricity) and literally sit on it for 3-5 years then sell them whole at an estimated 2-5 times purchase price.
During the first year or two, we would extend the access roads into the property, drill at least one or two water wells and run electricity into the property from the back road access. As an investment, the property would now have access, water and electricity on-site greatly increasing it's value.
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$ 564,500
Service the property in the form of extending the road access, drilling wells and/or running city water and electricity into the property is estimated at us$ 40,000.
This project has a 5 year timeframe. All costs and fees are estimated high
|Property Purchase Price||US$||564,500|
|Purchase Tax (5%)||28,225|
|Annual Property Taxes (5 years)||2,500|
|Annual Admin Fee (us$ 1,400/yr)||7,000|
|Total Investment Package||US$||656,870|
|Property Sell Price (3 * original value)||US$||1,693,500|
|Selling Tax (5%)||84,675|
|Gross Investment Return||US$||1,603,325|
|10% BTPI.Co (minus our 1% & annual admin)||147,688|
|NET RETURN TO INVESTOR (S)||US$||1,455,637|
This project requires us$ 657,000.
To participate as an partner in this project a minimum investment of us$ 50,000 is set.
Summary of Project:
5 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.
122 % on investment amount. (24.4 % 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#2.
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.