Batu Bolong Land For Sale 20,5 Are

Here is the current structure and pricing for the Batu Bolong plot.

Current lease:
11 years remaining already paid
Total current price for the full 20.5 ara plot: USD 350thousand

The land is divided into:
Red zone: approx. 10.04 ara
Green zone: approx. 10.46 ara

After the remaining 11 years, the extension can be arranged directly with the landowner.

Extension pricing provided by the owner:
Green zone: IDR 25 million / ara / year
Red zone: IDR 35 million / ara / year

Example calculation provided by the owner for a 17-year extension:
Green zone: IDR 4,445,500,000
Red zone: IDR 5,973,800,000
Total: IDR 10,419,300,000

Payment structure for the extension:
50% upon signing
50% after 1 year

There is also flexibility regarding the structure:
the buyer can take both the red and green zones
— or potentially only the red zone