IDR 300 Million Total
Rungkut, Surabaya
Condotel for sale at a loss, developer's price in Surabaya.
Rungkut, Surabaya
Updated on 31 October 2025 by SIUME ONG (MOW) Ongky
Overview
Information Retail Space For sale
Specification
Land Area
18 sqm
Building Area
18 sqm
Certificate
Lainnya
Storey
1
Bathroom
1
Property Type
Retail Space
Category
Sale
Listing ID
css4645713
Description
Condotel for Sale in Surabaya: Selling at a loss from the initial price of 462 million. Now only 300 million. MUST BUY! OTHER BENEFITS: 1. A revenue-generating asset, not a liability (no need to pay for electricity, water, maintenance, etc.). 2. Asset returns as follows: ROI has been rising continuously since the pandemic ended. Room rates: 298,000 in 2022 and 349,000 in 2023. 2022 ROI: 11,368,378 (after tax). Stay rights: 14 nights = 14 x 350,000 = 4,900,000. Total BENEFIT: 16,268,378. Percentage Profit: 5.5%. Savings deposit: 3.5%. ORI: 6% (but only redeemable after 3 years). 3. Owning a HOTEL property asset and 14-night stay rights that can be given to relatives/family (Prestige). ------- Near Transmart Rungkut. Near Soponyono Market. Near University of Surabaya.
Property Location
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