Attributes
Year Built | 2017 |
Building Area Gross |
|
Land Area Gross |
|
Number of units | 98 |
Occupancy | 10.0 % |
Asset Description
Cara Cara Inn is a vibrant and fun-filled boutique hotel with 98 cozy rooms plenty of social and interactive spaces for the free-spirited and young-at-heart. Just 20-minute drive north of Ngurah Rai International Airport, the Hotel is situated in the heart of Kuta, Bali's pioneer tourist destination.
Investment Highlights
- Vacant Possession Offering with Brand Flexibility: The Property offers the rare opportunity to acquire vacant possession with the option to retain CARA CARA’s well established brand name and reputation.
- Fully Refurbished Product: As the Property has been fully renovated prior and recently updated over the past year, the Property is in pristine handover condition with no immediate capex required.
- Prime Location and Easy Accessibility: Just a 5-minute walk to well-renowned Kuta Beach, the Property is centrally located in vibrant Kuta, one of Bali’s most popular tourism destinations.
- Modernization of Infrastructure: With an annual capacity of 25 million passengers, the ongoing modernization plans for Ngurah Rai International Airport will help support pent-up travel demand post-COVID.
- Asia's Premier Beach Destination: One of the world’s top tourist destinations, Bali is renowned for its cultural richness, gastronomic adventures and varying natural attractions from its famous surf break beaches to lush tropical forests and pristine rice terraces.
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