SGX-listed developer KOP Limited has launched its first phase of sea-facing studio villas in Montigo Resorts, Batam for sale.
Of a total of 85 villas, 35 will be made available for sale. Units are sized from 1,033 to 1,704 sq ft, while prices start from $388,000. All the villas will be fully furnished, come with private plunge pools and views of the South China Sea.
Investors who purchase a unit from now till 31 December will enjoy a 5% discount; 8% guaranteed returns on the purchase price for two years; and a waiver of management fees for the third year of ownership worth close to $5,000.
Owners will enjoy 60 days’ stay in Montigo Resorts and discounts on the resort’s F&B offerings and recreational activities, as well as discounted stays for family and friends. New villa owners will receive ten complimentary resort-stay vouchers – five vouchers for stays in its studio villa units, and five vouchers for stays in its two-bedroom villas.
Prospective buyers who submit a refundable fee of $3,000 to secure a unit prior to viewing will be entitled to a night’s stay at the resort and return ferry tickets for two people.
Montigo Resorts is located at the exclusive Nongsa coast on Batam Island, just a 30-minute ferry ride from Singapore.