Cliff Hanger - Beautiful Villa and 3 acre land for sale
- 10.00 ₹
- Published date: January 16, 2021
- Modified date: January 23, 2021
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- Rippon, Meppadi, Wayanad, India
Company owns and operates 3 luxury villas across Wayanad.
- We are looking to sell our 3-acre land with the luxury villa which is a well-known property in Wayanad. It is a serene and beautiful villa destination in one of the most beautiful locations in Wayanad.
- It is a single villa house with 4 bedrooms that is suitable for family outings and get-togethers. The villa comes with an independent balcony for each room and large sit out and terraces overlooking the Western Ghats.
- Our villa is booked for around 100-150 days every year.
- Previously, we were leasing out the resort to a travel management company for INR 60,000 lease rent per month and 20% of revenue sharing. Since we have decided to sell the property, we did not renew this contract and the operations are currently managed by us.
- We promote the villa through Airbnb and other travel portals.
- The promoters want to exit as we are moving back to the US. The property has pepper, areca nut, rubber, and other plants and has a pond that is full of water round the year.
- Villa can be used as a personal getaway or can be promoted as a holiday/luxury rental. More properties can be built across the 3-acre land and we ourselves had identified 6 plots for potential expansion.
Products & Services Overview
Luxury villa with 4 large rooms with balconies overlooking the beautiful Western Ghats. Most of the days the cloud floats in. If ever one wants to experience the sound of silence one should visit this beautiful property. A very serene environment.
Assets Overview
- Brand, villa, outhouse, 3 acres of land, and pond.
- Business entity (Pvt ltd) itself is not included in the asking price as there are 2 other resort properties that are also owned by the business.
- The promoter is also open to selling the full business entity with all 3 properties to an interested buyer.
Facilities Overview
Own 4,000 sq ft villa, 1,100 sq ft outhouse, 3 acres of land, and 1 pond. All 4 bedrooms are on the 1st floor and the ground floor has the kitchen with a large open dining area. There is a 3 room outhouse for the caretakers and cook. Terrace with a large dining and lounge area.
Useful information
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