Batu Belig Bali Freehold Land for Sale, Batu Belig - FreeholdReference ID: LS-005
Batu Belig Bali Freehold Land for Sale. The quaint and strategically located village of Batu Belig has become increasingly popular as the development of south Bali’s highly sought after tourism accommodation region has slowly moved more and more tot he west and the north. This particular plot, located just 300 meters from the beach at Batu Belig, is a flat and dry piece of empty land wonderfully suited for the development of a private villa. The village of Batu Belig is zoned for tourism accommodation, so the right to secure the proper villa rental license (Pondok Wisata) is assured, giving the next owner the option to reside or create a nice income stream from the holiday rental business.
Given that the village of Batu Belig lies between Seminyak and Canggu, it had for years been an area whose potential had remained untapped. The pace of development over the past 3 years has witnessed Batu Belig really come of age as it now home home to a wide range of villas and several mid-upmarket restaurants and cafes, spas and retail outlets. Demand for land and villas in the village has been constant, so while prices to invest there have remained towards the upper ranges of the market, so too does the nightly rate realised by the current range of villa owners who have the right to rent their properties out int he daily rental business. Conservative ROI projections are in the 7-8% range, and can be significantly higher if the property is self-managed.
The size of the plot is 350 square meters with dimensions of 20 meters in depth x 17.5 meters in width.
Call for an inspection today. Patrick +62 817 973 3031.
OTHER FEATURESEnvironment : Beachside
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