Mojo Villas Resort

Lombok Villas For Sale - Gili Meno Island

Pristine Beach at Gili Meno Lombok Island

Mojo Resorts at Gili Meno, Lombok Island

The Gili Islands have become the getaway destination for visitors to Bali & Lombok. The middle island, Gili Meno is renowned for it's pristine beaches, relaxed way of life and magnificent snorkeling and diving. Diving and snorkeling is rated amongst the best in the world. Exploring the island is fascinating by horse & cart, push bike or just walking. Cars and motorbikes are prohibited on the island.

Gili Meno has also become the ‘turtle capital’ of the world. Sanctuaries on the island nuture the baby turtles until they are at least 6 months old. Gili Meno is a very special place and is protected from over development by very astute local council authorities. On the west side of the island there is a small shallow lake that produces salt in the dry season. This area is thriving with wildlife.

“Meno is Magical...!”

Location
Meno Mojo Resort is situated on the north east coast of Gili Meno island which offers a tranquil paradise hideaway with the best beaches and snorkeling spots on island.

Activities
There are no cars or motorbikes on the island.
So, the only public transport is horse & cart.
Push bikes are available or stroll around the island and discover its wonders .

Diving & Snorkeling
Our dive team is a PADI 5 Star Dive Centre that offers a cosy atmosphere in beautiful surrounding
Superb boat diving for all diver levels
Visibility 20-40 metres all year
Water temperature minimum 28 C
Small dive groups
All levels of PADI diver training
Deep Wall and Wreck introduction to Nitrox Dives
Nitrox training and certifications

Overview
Mojo, in many exotic cultures, means a magical charm. Meno Mojo Resort has been created from a passion for the beauty of the Island and its people. Our team has been involved with the island for over seven years and enjoy a mutual respect for the way in which this paradise must be developed.

Meno Mojo Resort comprises of 15 Indonesian styles 'lumbungs' which are luxuriously appointed. These buildings are spacious and take advantage of ocean, beach and pool views. All villas are equipped with air conditioning, flat screen televisions with international channels and ipod connections. Free WiFi is available throughout the resort.
The resort is fully equipped with a fresh water swimming pool and an open terraced restaurant & bar with a sunrise observation deck right on the beachfront. All the restaurant furniture is manufactured from old fishing boats which has been recycled to make this magnificent furniture. In fact right throughout the resort either recycled timbers or natural fibre materials will be used for the furniture and ancillary items. Meno Mojo Resort caters to couples seeking a getaway, families enjoying vacation together and corporate groups seeking a special place for team building and think tank sessions. Gili Meno is for everyone that just needs to recharge their mind and body and discover another part of life...

Restaurant & Bar
Our open air restaurant and bar is privy to breath taking sunrises, a cool ocean breeze and magnificent views over mount rinjani and Lombok.Our international menu includes fresh local seafood, Indonesian cuisine and selected western favourites. Our bar is fully stacked with imported spirits and wine from all over the world.We of course have very cold thirst quinching beer on tap.

Entertainment Under The Stars
Imagine relaxing on the beach under the stars enjoying a variety of entertainment such as traditional music, movies, major sporting events shown our huge outdoor screen, live beach games under lights and much more. Meno Mojo Resort is located on a secluded beachfront location. Your enjoyment is enhanced by the privacy of our resort.

Villa Specification

Superstructure: concrete & steel bar
Foundation: stone river foundation

Building wall:
- concrete (ground floor)
- timber (top floor)

Roof:
Iron Wood (shingle roof)
Window and Door: Bengkirai frame

Floor:
- ceramics (ground floor)
- wooden floor (top floor)

Ceiling:
Rattan Lampit
Swimming Pool: Candi and Green Stone
Sanitary: Toto
Casements: Standard Hafele

Villa Ownership

At present, strata title ownership is only available to Indonesian Citizens. Foreign Investors are totally protected using a renewable 100-year right of use and occupancy contract. Should the investor decide to sell their villa a new contract and certificate will be issued that provides the new owner with a 100 year Right of Use & Occupancy.
The Developer Company is the Foreign Investment, PMA company which owns the land and are the holders of the BPN land certificate. This process allows the villa owner to retain capital growth gains without the terms of an agreement that will “run down the clock” of your investment. All contracts are prepared by a public notary and lawyer, certificates of ownership are issued and notarized as being a legal agreement between the parties.

Owner Right Of Use
Villa owners can enjoy 30 days stay each year subject to the following guidelines:

Low Season: Unrestricted
Shoulder Season: 15 days
Peak Season: 10 days

Each owner also has the right to stay a further 30 days in the same year at half the published nightly room rate during the low season, as shown above – the owner may allocate these days to another family member or invitee. To become a villa owner, we initially request a USD10,000 reservation fee. This is fully refundable up until construction commences on your villa.

Once construction starts, we request the first payment of 50% less your reservation fee. When construction reaches the 50% stage we request the 2nd stage payment of 30%. Once the villa is completed and fully furnished the final stage payment of 20% is required. During the construction phases villa owners are welcome to stay at our hospitality villa, onsite, free of charge for a maximum of 2 days at a time. Bookings will be essential.

Return On Investment

Rental - R.O.I
It is anticipated that villa owners will generate returns from their investment in two ways:
1. From rental return
2. Through capital appreciation of your villa

We anticipate the net rental return from your investment will be an average of approximately 10% per year for the first 2 years. By year 5 we anticipate the annual rental R.O.I will have reached 15.5%. These rental returns are after your annual maintenance and operational dues and the 30% marketing and management fees have been deducted from your rental income. In support of our R.O.I predictions, we guarantee a return of 8% nett for the first 2 years of operation.

*Purchasers should note that these figures are projections only and whilst every effort has been made to use reasonable and realistic assumptions, purchasers should carry out their own research to confirm R.O.I potential.

Revenue - Profit Sharing
Rental Revenue from all villas is pooled and shared on the following basis:

Villa owners, collectively receive 70% of the net income. Our marketing & management company, PT. Mojo Resort retain 30% for their services. An individual villa owners share (of the 70% referred to above) is allocated prorata based upon the villa purchase price. Villa owners will be informed of the financial progress of their investment by quarterly report. Quarterly profit share payments will be transferred to the villa owners’ account within 30 days of the end of each quarter.

All costs associated with maintaining and operating your villa and the resort common areas covered by the annual maintenance and operation dues is deducted from gross rental income on a quarterly basis. The details of these costs are listed in the management agreement.

Price per Unit Villa

Purchasing a Villa
Meno Mojo has two types of villas, Pool View and Ocean View.

Pool villas are ...... sqm and feature 2 bathrooms, upstairs bedroom and a downstair's living room that opens out to the swimming pool. The sofa can be converted to a double bed. The downstairs bathroom is spacious and has an open air shower. The Ocean View villas have magnificent views from your 2,5 metres balcony.
The sunrise is amazing and views over the famous Mt. Rinjani and Lombok are breath taking. The sqm of these villas is ......All the villas are well appointed with flat screen TV's, teak and rattan furniture and appropriate decor from Java. There is wireless Internet access available throughout the resort. There are 11 pool view villas and 4 ocean view villas available for purchase.

Pool View Villas at USD 210,000

Ocean View Villas at USD 250,000

These prices include all government taxes.
Legal and Contractual Fees have been limited to USD 3,500 nett.
This fee covers all contract and formalities and the issuing of your certificate of ownership.

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