A tropical island is looking for its developer.
Located only 40 miles away from Padang International Airport, West Sumatra, Indonesia. (There are 20 flights per day from the main Asian international hubs: Singapore, Kuala Lumpur, Jakarta.)
From Padang International Airport, one can reach the island directly by speedboat in 90 minutes or by a two hour coastal drive plus 10 minutes speedboat. Public cellphone and internet coverage are excellent on the island.
This secluded and pristine island surrounded by crystal clear waters features 700 meters of coconut white sand beaches. Coconut and other trees are abundant across this property composed of 5,1 hectares of flat ground and beaches, together with 1,8 hectares of gentle hills culminating at 20 meters altitude.
An ideal location for developing a resort due to the island's proximity to world class surf or dive sites and the abundance of leisure activities.
Operating an island in Indonesia
Kumbang island is currently owned by an Indonesian citizen with a Hak Milik Certificate (Free hold).
Foreigners cannot directly own land in Indonesia but a foreign capital company (PMA) registered in Indonesia can. This company will permanently retain the right of use of the land (Hak Pakai) and the right to operate any legal commercial activity on it.
Furthermore, the state keeps a symbolic part of the island to guaranty its sovereignty on this territory, while giving full right of use of this part to the owner and the operating company.
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