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Property Description

The award winning, exclusive Kudat Riviera, is located at the northern tip of Malaysian Borneo in the heart of South East Asia. The development is easily accessible from the region’s capital, Kota Kinabalu, by limousine, helicopter or yacht direct from the marina. Kudat Riviera is a truly idyllic retreat of multimillion dollar luxury private villa estates and the Coconut Reef Club Spa Resort. According to the Financial Times (May 2008), Kudat Riviera is the most exclusive resort in Malaysia.

Sulawesi Rice Barns

These extremely unusual properties come as a pair and are based on an Indonesian design (most often seen in Bali) where the upstairs of one barn represents the bedroom (large with a veranda looking out to the ocean) and downstairs is a large, luxurious spa bathroom. The other rice barn is just a few footsteps away houses the kitchen downstairs and the living room upstairs (again with a veranda to make the most of that spectacular view). In Bali it is traditional to have separate buildings making up one's home and in the tropics this is perfectly the norm. It rarely rains and is generally about 32 degrees, so having separate living areas actually works very well.

Pandanas Villa

The Pandanas Villas are a designers dream. A beautiful fusion of modernism and traditional Balinese architecture, these properties sprawl over 2,500ft of interior living space (circa 250m2) plus they have extensive outdoor terraces and a massive integral infinity pool. The bedrooms are also oversized, the kitchens are to die for (granite worktops, the best of everything!) and the bathrooms again are better than I have seen in any luxury spa. The Pandanas Villas will be rented out for thousands of pounds per night, and if you get a chance to visit the Kudat Riviera you will see why. They are truly breathtaking.

Coco Villa

The Coco Villa is the largest and grandest of the designs, covering an enormous 60002ft (over 600m2) of internal living space, with a typically gigantic integral infinity pool. The Coco Villa is absolutely impressive the Villas are set into plots of between 3 and 7 acres. These properties have been designed with a holiday lifestyle in mind, with lots of entertaining space, a swimming pool you can jump into from the lounge and four massive en‐suite bedrooms.

Investment Highlights

• One of the highest tourism growth rates in the region
• 50% loan to value mortgage available
• Rental yields 18 – 24%
• Very exclusive development

Completion

June 2009

Type of Units

Double Rice Barns 2Bed
Pandanas Villas 3Bed
EBV Villa 5/6 Bed

Size

Land 1197 m2 - 12,554 m2

Prices

$US 495,000 - $US 3,650,000

Financing

50%

Down Payment

30%

Local Taxation

 

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