Lombok is hosting the MotoGP World Championship at the new Mandalika International Street Circuit.
Officially named the Pertamina Grand Prix of Indonesia, the event will be hosted over three days, starting on the 18th of March until the 20th of March. There is an expected attendance of upwards of 100.000 fans from all over the world.
The Mandalika circuit features 17 turns and a full length of 4.3 km. It is located only 15 minutes away from Kuara, Mirah Investment & Development’s latest upcoming resort which offers a great opportunity for those looking to invest in Lombok or for those looking to buy property in Lombok.
The event has multiple classifications of tickets from VIP Hospitality Suites to General Admission and grandstand seating. This Grand Prix will see motor racing legends such as Valentino Rossi and Marc Marquez head-to-head in the second race of the championship calendar.
In addition to the MotoGP, the international street circuit has hosted the Superbike World Championship and has scheduled many other international motor sporting championships.
In recent weeks, the Governor of West Nusa Tenggara met with representatives of Formula 1 to discuss plans of organizing a Formula 1 Grand Prix at the circuit.
The completed circuit is a small part of the Central Indonesian Government’s plans to invest in Lombok and grow its tourism profile.
A total of US$3 billion is being spent on developing Lombok’s Kuta area, including a new bypass road, retail district, a 27-hole golf course, and an eco-water park.
Lombok’s prioritization by the government has already attracted large global luxury hotels & resorts such as Pullman hotels, Club Med, and Royal Tulip.
The goal is to model Bali’s meteoric growth while keeping a commitment to sustainability and eco-tourism – creating jobs and attracting foreign investment. The region is implementing new clean energy initiatives and promises to hold a 51% green zone.
Lombok aims to become the number one luxury tourist destination of South East Asia.
Image source: https://www.itdc.co.id/portofolio/the-mandalika
Kuara offers a great opportunity for those looking to invest in Lombok.
While there has been much discussion in the last decade of Lombok becoming the ‘New Bali’, it has only been in very recent years that identifiable investment and construction on key infrastructure has been completed.
Hosting the MotoGP is a milestone moment in Lombok’s development and will greatly improve the island’s standing and popularity at an international level. The motoring championship reaches upwards of 400 million TV viewers – a great marketing tool for the island as a tourist destination and will increase demand from shrewd investors looking to buy property in Lombok.
Mirah Investment & Development has identified Lombok’s potential early and has previously launched its latest luxury resort, Kuara, in anticipation of Lombok’s rapid growth and expected touristic boom.
Kuara is a boutique experience-based resort nestled in the South of Lombok. It offers luxurious beachfront and hilltop properties which are part of an operating resort. These are entirely managed passive investments with a flexible management program that cater to investors’ needs and maximise returns.
Kuara will have onsite horse stables, a beachfront restaurant, spa, archery range, cooking & pottery studio, and a hilltop yoga studio. On top of the onsite facilities, Kuara offers a plethora of unique life-changing experiences such as surfing, jet-skiing, jungle trekking, private island breakfast, and much more.
For those looking to invest in Lombok, Kuara is a great opportunity – with high projected ROIs and strong levels of capital appreciation. All units in the resort will be constructed simultaneously, meaning it is the first development of its kind in Lombok, unlike other land & build package developments.
With limited units remaining, contact us now for more information and secure your unit today.
Click here to watch our latest video on Kuara.
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