This seven unit Villa complex is set on 1,500 sqmetres of land and it is located in the heart of Petitenget. The average size of the land for each unit is approximately 200 sqmetres. The units are offered for sale on a 30 year lease agreement with the land owner with the option of an additional 30 years that can be exercised by the purchaser.
Each unit has 2 bedrooms and 2 en-suite bathrooms with Private Pool with several units having Private Parking and are being constructed in consultation with a locally based Australian Project Management and Construction Consultant. These villas are being constructed for either buy for investment and subsequent rental or for private secluded living in the heart of Petitenget.
The potential RENTAL RETURN on the rental market (under a villa rental management agreement) is currently grossing on average between US$220-325 per night for a 2 bedroom unit similar to this villa.
This project presents an opportunity to buy into a very good development in a secure area with a well thought out design at a prestigious address that attracts excellent up market Rental plus Capital Gains.
Drilled deep wells and PDAM (town water) available.
PLN (Government owned electricity supply company) 13,000 kwh per unit upgradeable if required.