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3 Hectares of Primely Located Beachfront Land
Hilltop Land
Access Road
Beachfront

Sumba

Land
Rp 15,000,000
USD 1,000
Reference Code: PVP082

Just listed with Palm View Properties is this primely located 3 hectares of beachfront land on the island of Sumba in East Nusa Tenggara. there are 3 lots left (Lots No 00058 – 00059 – 00060).

The plots have each been subdivided already and has a notarial deed of ownership in place along with SHM (Hak Milik – Freehold) certificates. The plots can be individually purchase or the entire 3 hectare lot for potential bigger developments.

This land can be purchased and owned by foreigners through a correctly set up PT.PMA company structure which complies with all necessary BKPM (Investment Coordinating Board) regulations for foreign investment and Palm View Properties will assist in setting up the PMa as well as transferring the land certificates from SHM – HGB for foreign investors or simply freehold to local investors.

The plots are all primely located on a big frontage of white sandy beach overlooking the beautiful ocean. The land is located 1.5 hours from Tombolaka airport to the west and 3 hours from Waingapu airport in the capital. A circular road going around the island is under construction. Tombolaka will be 30 minutes from the field. The island of Sumba is starting to see massive infrastructural investment from government in an attempt to boost its tourism potential.

Full north at 60Km is Flores and Komodo Island.. good base for tourists.

The asking price is set at a low Rp15 million rupiah per 100m2 (100m2 = 1 ARE therefore one hectare will cost Rp1,5 Billion rupiah or $100k USD)

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