\"the Reef\" Sungai Lada, Labuan, 87000

Property For Sale

£1,600,000.00

Tenure: Freehold

Magnificent Beach Fronted Property

Property Overview

"The Reef" Is a beautiful beach fronted villa built on the west coast of Labuan with uninterrupted views from shore to horizon where sunsets are majestic. This property offers a most private lifestyle of tranquil seclusion and security and as a tax free offshore banking centre Labuan also offers protected financial security.

Full-length ground floor patio and 1st floor balcony offers all bed and reception rooms sea views....


Property Description

Land: 43,560 sq ft (1 acre)
Built Up Area 480sqm
Leasehold: 912 years
Price: USD2.000.000

Beautiful beach fronted 5-bedroom west-facing villa with a 50ft X 20ft X 3ft 6” to 9ft deep saltwater pool that maintains a cool water temperature, uninterrupted sea views, direct beach access and tranquil tropical outdoor space which includes a pool terrace / garden BBQ. A large ground floor patio and 1st floor balcony area, with ambient nighttime temperature above 26C, both areas are well suited to alfresco dining. Newly crafted in a colonial style with a modern finish, the floor plan includes spacious living areas, -ground and first floor lounges both 48sqm- great for entertaining and gourmet cook's kitchen. Further to this the ground floor offers guest accommodation with direct pool access and a luxurious en-suite with cast iron long bath and separate rain shower. Upstairs there are a further 4 bedrooms, three having direct balcony sea view access. The Master bedroom includes a beautiful en-suite with black & white cast iron long bath with separate rain shower, along with spacious separate walk in wardrobe room. With exception of the study, all floors are finished with quality ceramic tiles. Built 4.2M above sea level, with further protection from the coral reef and without adverse weather conditions the west coast of Labuan is most perfect for a shoreline residency. With all built-up areas tiled it is a property of low maintenance. Visitors never want to leave.

Additional assets: -

• Separate dining room next to kitchen with large undercover patio outside for alternative dining.
• Large undercover balcony outside Master bedroom/En-suite ideal for outside dining.
• Internal courtyard with fish pond
• Housekeeper’s lodgings
• Solar water heating
• All rooms Panasonic inverter air conditioned
• Remote access CCTV
• Porte-cochère leading to double garage


Community Info: -

Labuan “The Pearl of Borneo” is a tax-free Island off the cost of Sabah with the latter known as “The Land Below the Wind” and has a tropical climate with two annual monsoon seasons - the South West monsoon from April to June and the North East monsoon from September to December. It is not on the Fault Line, is free from hurricanes / typhoons, so no adverse weather conditions and enjoys a good climate all year round. Daily temperatures average between 28 to 32 degrees Celsius. .

As the Pearl in the South China Sea, it has beautiful beaches that won the United Nation COBSEA Clean Beach Award 2008.
Being a tax-free Island Labuan offers sophisticated offshore banking services and numbered account facilities to the world's wealthiest. It has all sports facilities that include 2-Golf courses with the new 18-hole sea view course only 5-min from the property. Just 200M from the property’s shoreline is a beautiful living coral reef.

As part of Sabah the highest mountain peak in South East Asia is close by and the national park that includes the protected Orangutans. The South China Sea that surrounds the Island of Labuan is abundant with a magnificent array of seafood that is second to none in the world. Also a center for deep-sea sports fishing that includes tuna and marlin. Sea diving is paramount around the small offshore coral Islands and includes wreck diving in deeper waters.

Central in South East Asia Labuan is only 30mins from Kota Kinabalu International Airport and owing to its central location less than three hours flight from most of the ASEAN capitals. There are direct flights to Hong Kong, Tokyo, Seoul, Taipei, Kaoshiung, Singapore, Manila, Kuala Lumpur (That serves the world). Indonesia, Thailand and the Philippines are all close by and Brunei is only a short ferry away with an international airport that serves Australia Dubai, Paris and London.
Security and privacy are paramount on the Island of Labuan. With zero serious crime and within the multi national community of foreigners living here, unheard of theft. Unbelievably unique in today's world but true.
http://www.labuanweb.com/index2.html
htt- p://www.sabah.org.my/ppmsabah/ppmsabah_files/Lan- d_PPMSabah.html
http://www.sovereignman.com/fin- ance/asias-best-kept-secret-620/

Property Stats

Property Type: Detached House
Number of Reception Rooms: 3
Number of Bedrooms: 5
Number of Bathrooms: 3
Number of Separate Toilets: 1
Total Number of Toilets: 4
Property Grounds: Private
Accessibility Rating: Excellent
Type of Heating: None
Double Glazed: 100%
Parking Provided: Yes

Driveway Parking: Yes
Garage Parking: Yes
Allocated Off-Street: Yes
Allocated On-Street: No
Total Spaces: 6

The above details are not the property of FreeHouseAgent Ltd; they are for general guidance only. FreeHouseAgent have not reviewed the details provided and therefore FreeHouseAgent can not give any guarantee as to the validity of the above description. FreeHouseAgent have not tested any of the above mentioned appliances, services or fittings. Any of the details above should not be relied upon and FreeHouseAgent advises that prospective buyers carry out their own detailed survey of the above property or land. Prospective buyers are responsible to confirm accuracy by inspection.

Please Note: This advert expires on Sun 20th Oct 2013.

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