Looking for Potential Buyer of a 3+ Star Hotel in Jogjakarta, Central Java, Indonesia

Dear IR Global Members,

The owner of an Indonesian property company intends to sell its 3+ stars hotel located in Yogyakarta, Indonesia. The hotel located in a prime area of Yogyakarta, Central Java, Indonesia, near various tourist attractions such as Gembiraloka Zoo, Mandala Krida Stadium, KM Zero/Titik Nol, and Malioboro Street. 

The specification of the hotel consists of the following:

  • Land Area: 4,000m2
  • Building Area: 9,985m2
  • Consists of total 10 floors with 148 hotel rooms and 4 meeting rooms; and
  • Build up with various facilities such as restaurants, swimming pools, spa, fitness center, café & lounge with sky lounges on its rooftop, and parking area.

The hotel building structural work has 100% completed, construction work is 70% completed with ongoing progress on the architectural, mechanical electrical, and landscape works.

Please do feel free to contact me directly shall you are interested or know a colleague that may be interested to buy the property. I will be delighted to share the details of the project and have further discussions with you!

 

Best regards,

Marshall Situmorang

Contributing Advisors