For Sale Hotel in Pangkal Pinang City, Bangka Belitung Island, Indonesia

Specification

Description

*Quick Sale Through Auction* Purchase must be in hard cash due to auction *4-Star Swiss-Belhotel* Highly strategic location Located in Pangkal Pinang, Bangka Belitung *Excellent Google reviews 4.7/5* *Built in 2018* *Building condition is still excellent* Specifications: Land Area: 6,359 m² Building Area: 12,978 m² SHGB (Building Ownership Certificate) 11 floors Fully furnished Facilities: Splash (Water Park/Recreation Area) Meeting Rooms Massage Swimming Pool Fitness Center 144 Hotel Rooms (Deluxe, Grand Deluxe, Suites) Room Specifications: 104 Deluxe Rooms 31 Grand Deluxe Rooms 9 Suites —— Average room rate with breakfast: 750k (low season) 750k x 144 rooms = 108 million 108 million x 30 days x 12 months = 38.88 billion With 70% annual occupancy: 38.88 billion x 70% = 27.216 billion Typical hotel net profit around 30%: 27.216 billion x 30% = 8.1648 billion Additional income from F&B, extra services, etc.: 1 billion Total estimated annual profit: 8.1648 billion + 1 billion = 9.1648 billion —— *Auction Price: IDR 94,480,880,000* Purchase must be in hard cash due to auction Johanes Miracle Property 087853056xxx (WhatsApp)