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For Sale property id: 78509685
USD 22,000,000 Mortgage Calculator
USD 22,000,000
Cikalong, Purwakarta, West Java, Indonesia
  • 100 m²
  • Land Size
    3650000 m²

Description

This exceptional opportunity involves the sale of a 35-hectare tract of land located in Cikalong, West Java, Indonesia. Known for its robust deposits of andesite and defiance minerals, this property provides an attractive investment potential due to its rich natural resources. Nestled within a larger 385-hectare area, it represents a fraction of an expansive estate renowned for its mining operations. The purchase includes the conveyance of all mineral rights, granting the buyer complete access and authority over the extraction and utilization of mineral wealth found within the premises.Priced at USD 22,000,000, the land’s value is firmly rooted in a meticulous assessment by an esteemed appraisal firm, ensuring it reflects the fair market dynamics. The terms surrounding payment and any deposit requirements are ripe for negotiation, offering potential buyers flexibility. A formal sale agreement will encapsulate all crucial transaction elements, encompassing representations and warranties in conjunction with closing procedures to ensure an orderly transition of ownership.The property boasts active mining operations that have been continuously producing since 2000. It has forged substantial partnerships with nine ceramic companies such as Mulia Keramik, which secure a reliable demand for its top-tier raw material. This established track record highlights not only the profitability but also the strategic business relationships that buyers can inherit, making it an enticing asset within the realm of mineral exploitation.Beyond mining, the expansive environment surrounding this land features a rich tapestry of fruit orchards recently purchased by a Korean investor and a nearby pine forest tourism spot operated by the Government of Indonesia. Situated alongside one of the region’s major roads, this property enjoys superior accessibility that enhances its appeal for development purposes. Its close proximity to significant landmarks like Cirata and Jati Luhur reservoirs further augments its suitability for tourism ventures or potentially more ambitious developmental schemes.

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