Next door to Bali, Indonesia’s crown jewel for tourism, lies an almost untouched and overlooked neighbour, Lombok. This island is reminiscent of what Bali was 20 to 30 years ago, with endless rugged natural beauty, rich traditional culture, historical landmarks, and the easy-island lifestyle. Honeymooners and adventurers or those looking for a more peaceful getaway are drawn to the shores of Lombok. This is due to the island’s idyllic charm, unparalleled diving in crystal clear waters, a great escape from crowds and traffic of Bali and the main cities of Indonesia, or for exploring numerous majestic waterfalls and Indonesia’s second highest volcano - Mount Rinjani. Like Bali before it, Lombok is now becoming an attractive option for investment, as the island is just coming on the world scene with billions of dollars dedicated to its development. Lombok property investment, with the island’ scenic and secluded beaches and uncombed lands, carries a wealth of possibility and opportunity.

Lombok is in the region of West Nusa Tenggara, and has been a hidden gem for those looking for seclusion, a tropical island paradise, and an immersion into the vibrant culture of the Sasak. Recently, however, Indonesia’s tourism officials are setting the spotlight on Lombok and nine other regions, declaring them the 10 “New Bali’s,”- the up-and-coming hotspots for tourism. In 2017 Indonesia President Joko Widodo and the Tourism Ministry announced plans and their ambition to attract more than 20 million international tourists to the archipelago by the end of 2019. They selected the 10 “New Bali” spots for their growing popularity and potential, with dedicated funding for infrastructure development such as upgrading their airports, and overall improvements for access, available services and amenities. With the ardent support from the President to see Lombok thrive and become a world-class destination, there is a unique window of opportunity for investors to buy into this market that is on a solid upward curve. Such developments as the commercial Mandalika project, an expanded airport, the MotoGP and the real-estate haven Kuta Heights Development are prime examples of why Lombok property for sale is incredibly attractive for the keenest of real estate hunters, yielding incredible returns.

Enhanced connectivity and access to the New Bali’s is an area of particular focus, bridging the gaps between Indonesia’s islands. This commitment for Lombok as a New Bali was further driven in May 2019 when AirAsia, the leading airline carrier for Southeast Asia, chose Lombok International Airport as its newest hub, joining the ranks as one of five hubs in Indonesia. With that, the airline also announced new daily direct flights from Perth and Kuala Lumpur. Direct flights from Singapore are already in place through SilkAir. Additionally, both Garuda Air and Batik Air offer flights from the capital city of Jakarta (approximately 2 hours), with direct flights on Garuda from major destinations like London, Amsterdam,and Bangkok. Further improvements and expansions at the airport will open the gates for more international flights in the near future. In 2018 the State airport operator PT Angkasa Pura I (AP I) allocated more than USD $14 million in budget funds to be used for upgrades for terminal infrastructure and expansions, and development of the Taxi Way and Drop Zone. Such improvements were needed as the tourism numbers are on a significant rise, and budget continues to be allocated to allow seamless, safe access to the island. The airport will be easily accessible on the desirable south and west part of the island, a major benefit for the Kuta Heights Development and commercial investments surrounding the Mandalika Resort Project. For international destinations that do not fly direct to Lombok yet, the island is also easy to reach with just a short 30-minute flight or a 1-hour 30-minute fast boat ride from Bali, which has direct flights from more than 50 international locations.

Lombok is seen not just as the Next Bali, but the next Nusa Dua, the resort area of Bali known for its five-star resorts and exhibition centers, and that recently hosted 15,000 attendees for the IMF and World Bank Annual Meeting. With Lombok, the Tourism Ministry has pledged over US $65 million, to grow the island’s MICE (Meetings, Incentives, Conventions and Exhibitions) market and potential for hosting focusing on large-scale events, worldwide corporate meetings and exhibitions. The largest stride in this endeavour is taken by The Indonesia Tourism Development Corporation (ITDC), a state-owned company that successfully built The Nusa Dua, a 350-hectare multi-use tourism estate in Bali. The ITDC has been selected to develop a new resort destination named the Mandalika Resort Project, located in the Kuta Beach region in the south. Mandalika is a US$3 billion project on the southern edge of Lombok, and is currently under construction on a 1,175-hectare plot of land. The development will house 12,000 hotel rooms, with the world-renowned hospitality brands such as Pullman, Paramount Resort, Club Med, Grand Mercure Hotel. There will also be a 350,000-square-meter commercial space, a 78-berth yacht marina, an eco-park, water park, and theme park within the destination.

Another large-scale project for Lombok and the ITDC is the hosting of the MotoGP in 2021 in Kuta. This will be Indonesia’s first world-class racing event in more than two decades - the last events being in 1996 and 1997 in Bogor, West Java. The monumental deal was signed in January 2019 with Dorna Sports the MotoGP operator, for an event along a street circuit complex in the southern part of Lombok. Construction will begin in October on the 4.32-kilometer racetrack, which will wind through mountains and pristine beaches, and showcase the beautiful scenery of the island on the world stage. For developing the Mandalika street circuit complex, ITDC is collaborating with France’s Vinci Construction Grand Projects. The two companies signed a US$1-billion deal for a 15-year development of the race track and of the foundation and underground utilities system, as well as roads and highways. The street circuit venue is set to accommodate up to 150,000 spectators. The MotoGP will bring world-wide attention, media, sponsors, and visitors to Lombok, especially the southern part of the island. Anyone investing now into real estate in Lombok Indonesia would be getting in early, and have a very large head start on the rest, as the Lombok sale and land values will only increase leading up to and after the race, particularly in the Kuta region where the race takes place.

Mandalika will set the tone and put Lombok firmly on the map as a new-age eco-tourism destination. To prevent Lombok from following the same path as Bali, which experienced unbridled and rapid development, with little regard for environmental issues and sustainability. The story will be different in Lombok. In 2014 a government mandate was introduced calling for 80% of new tourism developments on Lombok land to feature some form of eco-tourism. Lombok is part of “The Green Future” for Indonesia, promoting initiatives that incorporate environmentally friendly features and technologies, to benefit not just incoming investors and tourists, but the local communities as well. These include farms for solar energy and Sea Water Reverse Osmosis (SWRO) plants for clean water in the Kuta region. The area also plans for an electric light rail train and cable cars, continuing the push for public transportation in developed regions of Indonesia. For projects like Mandalika and other new developments, there is also an agreement for the builds to have 51% dedicated ‘green space’ to preserve the natural beauty of the land, and to not mar the panoramic views and cultural authenticity.

KUTA HEIGHTS DEVELOPMENT

The time to invest in Lombok property and with an early foot in the door, is now. The most popular and desirable location for land for sale is Kuta Lombok near the popular Kuta Beach, right beside the Mandalika Resort Project. Look no further than the Kuta Heights Development (KHD). This residential development with its location and design will be the most desirable place to live, to build or buy a villa in Lombok. KHD is within minutes of the restaurants and shops of Kuta Beach,and overlooking the beautiful beaches and bay. KHD has more than 200 lots of pristine land, sitting on over 27 hectares of lush hillside. These lots are in various stages of development - many in the second stage. Anyone looking for land can find the perfect location for their dream Lombok private pool villa, a chic private getaway, to start a new venture or a personal project. Each build will be designed by world-renowned architects, and have a design that is not only stunning, but also incorporates many elements that are ecologically and environmentally-friendly.

Those wondering what land to buy in Lombok will find the prime location of the KHD in South Lombok convenient and close to everything. These 200+ lots of Lombok land for sale, are only 20 minutes from the airport, just off directly off a new bypass highway. It is the closest development to the town and stunning beaches of Kuta. It is 5 minutes from the modern Mandalika Resort Project. Surf enthusiasts know that Lombok has some of the best breaks in Asia, and there are more than 30 surf breaks within a 30-minute radius to the east or west of KHD. Other activities nearby include paragliding, diving, golf, and yoga, and also venturing to the beaches, or to boutiques, shops and restaurants. Families wanting to stay long-term, will be happy to know that there is an international school, just a few minutes’ walk from the entrance to the development. The lots are situated on a hillside, accessible by a paved road, and the lowest blocks 40m above the sea level, with the entire development above the Tsunami Line.

KHD is a community and a secure, private development. Within the project, there are private homes and Lombok villas for sale and spaces for those with an entrepreneurial spirit, and looking for new opportunities and to find a creative escape. KHD has uninterrupted views of sunrise and sunsets, and the modern design of the entire project focuses on sustainability and the island’s natural beauty. The peace and tranquility and scenery are the perfect backdrop and settings for building holistic or healing retreats, or hosting small corporate and private getaways, surf and yoga camps and wellness venues. Within the development, there are vast green and social spaces overlooking the Kuta Green, the neighbouring jungle area filled with coconut and cashew trees and the native birds and animals. These spaces are private and exclusive for KHD residents and investors. Much like Ubud is the spiritual centre of Bali, KHD is a neighbourhood for self-starters and creative minds. The community is ideal for those who are business-minded, who can achieve success while also constantly seeking improvement for mind, body and soul. With yoga, meditation, and healing becoming ever more popular, and while Bali becoming oversaturated with those venues and businesses, KHD in Lombok is the perfect opportunity for anyone who has thought about doing something personal and with a passion.

Those who are thinking about investing in Lombok real estate, a private home or new business venture, will not find a better time than now. With investment into the island and the Lombok property market just starting to pick up, the land values are affordable and accessible. KHD can help select the plot to build a Lombok house for sale or to have for living or a holiday home. KHD has over 200 lots, and the land sizes range from 500 m2 to 10,000 m2. The AA land prices start at US $24 m2. Home build prices start at US $500 m2. Ask the experts at KHD about the Lombok real estate bargains among the lots that are available.

For beginners or the most careful and risk-averse investors, the Kuta Heights team is on-hand to carefully walk through every single step of the process on how to buy land in Lombok. They assist with all aspects from initial investment to finished house. They are a team of trained experts in Indonesian land and ownership laws, and they can assist with all legalities and contracts. They cater to all types of investors, with all the necessary permits and allowances for whatever the investor wishes to do with his/her lot. For foreign investors KHD have the secure HGB (“Right to Use Building”), allowing the construction and ownership of buildings on land, with titles held by Indonesian citizens and/or entities established under the Indonesian law and doing business in Indonesia, including PMA companies. For those who would rather have an administered lease for rental, that is also possible, with the potential for earnings and a positive return on investment as property values increase. The KHD team can also act as a management company for those wishing to rent their property out for holiday stays.

There has never been a better time to invest in Lombok. The opportunities are endless, and the Indonesian government is driving the push for funding, development in Lombok, and investors should take notice. The Mandalika Resort Project and MotoGP are just the beginning, with a growing pipeline of high-end hotels, commercial projects, entertainment centers, and eco-venues coming to the shores of Lombok. KHD is set to become one of the most enviable locations for residential developments for Lombok property and villas.

Contact the team at KHD today or request a brochure for further information.

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