ALAM CONSCIOUSNESS CENTRE

UBUD

PROPERTY INVESTMENTS PLATFORM

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ABOUT THE RESORT
Alam Ubud Villa is nestled secretly within the valley and
surrounded by the tropical forest, Alam Ubud Villa is a resort
that took more than pure effort to build. Perched atop
wooden pillars and hugging the rugged hillsides, these
beautiful villas give you stunning panoramic views of the
gorgeous green landscape. Alam Ubud Villa forms the new
cultural heart of Ubud located in the Village of Tegallalang.
Cherishing and celebrating the rich natural and cultural
heritage of Indonesia, every corner of the Alam Ubud Villa is
filled with a priceless collection of a museum antiquities
dating from the 14th century. A verdant, cultural oasis, Alam
Ubud Villas occupies a spacious 2-hectare site on the banks
of the sacred Petanu River affording breathtaking jungle
river views.
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ABOUT THE RESORT
ALAM CONSCIOUSNESS CENTRE UBUD
• The resort is in Alam Ubud, Kendran Village, Subdistrict
Tegallalang, Ubud, Bali; with land area of 2 Ha and
building area of 4,500 sqm.
• Managed by Alam Hotel Group, who also manage Alam
Puri, Alam Puisi, Alam Bidadari, Alam Sembuwuk, & Nusa
Alam Beach Club.
PLAY VIDEO
• It is rated 4.5 star by Trip Advisor
• Alam Ubud Villa is made up of 20 villas 100%
completed and 4 villas 60% construction.
• It has 2 main swimming pools, 1 is infinity pool and 1
spring water pool.
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LOCATION

• 1 hour 34 minutes to Gusti Ngurah Rai Airport (42.7 km)

• 1 hour 30 minutes to Canggu (35 km)
Top attractions:
• 30 minutes to Sacred Monkey Forest Sanctuary (9 km)
• 35 minutes to Campuhan Ridge Walk (10.3 km)
• 27 minutes to Ubud Palace (9.5 km)
• 17 minutes to Tirta Empul Temple (7.8 km)

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 Alam Ubud Consciousness Centre aims to be a
place for those who want to explore the holistic
side of themselves, not just offering yoga
programs, but rather a holistic experience that
combines the balance of body, mind and
spirit. Alam Ubud believes that spiritual life is
balanced through study (adhyayana), practice
(sādhanā) and community (kula).

Alam Ubud Consciousness Center provides a space

EXPERIENCES

for participants to learn, practice and be part of a

community, wrapped in a green and beautiful
location, as well as buildings with environmentally
friendly architecture, where everything is an
integral part of the 'healing' process. This is in line
with Ubud as a 'healing' destination that has long
been known and worldwide.

The Yoga Shala built with bamboo at Alam Ubud

has a green concept and sustainable architecture,
providing a stunning backdrop. This shala was
designed with a green design and embedding
ancient Balinese architecture, next to the holly
spring water.
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 Alam Ubud also offers a concept of coexistence
with nature through a balanced spiritual and
social life, combined with a healthy lifestyle and
food.

Alam Ubud believes in the importance of living in

harmony with nature through a balanced spiritual
and social life, combined with healthy living and
eating. Alam Restaurant is a restaurant that
EXPERIENCES

serves plant-based menus, opened by a group of

creative food and healthy lifestyle
observers. Alam Ubud also has a permaculture
garden plot, which also supplies organic
ingredients to Alam Restaurant.

Alam Ubud opens daily yoga classes and sessions

as well as events curated by world-class yogis,
aiming to strengthen commitment to tradition and
its ability to transform one's life. Alam Ubud
invites everyone to join a community that accepts
anyone from any background and in any phase of
life, all will be welcomed with open and friendly
arms.

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 Alam Ubud Villa offers 24 units villas for $ 15 million

• 20 villas operational:
14 unit villas : built 2009, operated 2011, renovated 2022
1 unit villas : built 2016, operated 2017, renovated 2022
5 unit villas : built 2019, renovated 2021, operated 2022
(due to covid)
OPPORTUNITIES
INVESTMENT

• 4 suites villas (60% construction)

Other Facilities:
2 main swimming pools (1 is infinity pool & 1 spring water pool)

Facilities Capacity (people)

Restaurant 30
Lounge 20
Gazebos 16 Facilities Capacity (people)
Meeting room 20 Bar-entertainment 25
Spa 5 Yoga deck 30
New spa 3 rooms (50% construction) Cooking class 3
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ACCOMODATIONS

FAMILY VILLA – 3 BR
SIZE 400 sqm

FEATURES Private Pool

Terrace, gazebos
Shower
Bathtub

# OF UNIT 1 8
 JUNGLE VILLA – 1 BR
SIZE 150 sqm

FEATURES Terrace
Shower
Bathtub
Jacuzzi will be added

# OF UNIT 11
ACCOMODATIONS

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ACCOMODATIONS

JUNGLE VILLA – 1 BR
SIZE 150 sqm

FEATURES Private Pool

Terrace
Shower
Bathtub

# OF UNIT 3
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ACCOMODATIONS

SUITES VILLA – 1 BR
SIZE 180 sqm

FEATURES Private Pool

Terrace, gazebos
Shower
Bathtub

# OF UNIT 3 (100%) & 4 (60% construction)

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ACCOMODATIONS

ROYAL SUITES – 1 BR
SIZE 250 sqm

FEATURES Private Pool

Terrace, gazebos
Shower
Bathtub

# OF UNIT 2
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 Alam Hotel Group was founded in 2002
and currently managing 6 properties:

Properties Location # Villas/Rooms

Alam Ubud Culture Ubud 24 villas
Alam Puri Ubud 6 villas
11 hotel rooms
Alam Puisi Ubud 27 private pool villas
Alam Sembuwuk Ubud 5 villas
MANAGEMENT

18 hotel rooms
PROPERTY

Alam Bidadari Seminyak 9 private pool villas

Nusa Alam Beach Club Nusa Penida -

Director & Founder

Made Gde Putrawan
Has experience in hospitality industry for more than 30
years. Besides Alam Hotel Group, he was also involved in
developing Pecatu Indah Resort as commissioner of Bali
Pecatu Graha. Pecatu Indah Resort is a 325-hectare resort
area, with 12 hotel resort & luxury villas (Jumeirah Bali,
Swiss-bel Resort Pecatu, etc), golf course, beach, waterpark,
etc. He also own PUMA (Putrawan Museum of Art)
Museum in Denpasar, Bali.
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 • Opportunity owning one of the luxurious resort in Ubud with rich cultural heritage.
• Expected 5 year average yield 10%
• Proven track record of hotel performance and operating villas
• The buyer will entitled with many benefits, such as free stay, F&B or spa discount, etc (for
certain amount of investment)
U NIQEU NES S OF INVES TMENT
OP P OR T U NIT IE S

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 *Both Cofund Investment AG and
SPAC will be regulated as a member Early Accredited Accredited
of Switzerland’s Financial Services Investors Investors II
Authority (FINMA) SRO
13.3% Share token 86.7%
Early Accredited
Investors Share
Tokenization

100% of Shares will be Tokenized

STRUCTURING

Cofund Investment Down

Fundraising Token SPAC* Switzerland
AG* Payment
Switzerland
$ 2 million
Proceed 80% Share Ownership
the fund $
Foreign

Local

PT PMA

Cofund Property
Technology Ownership in
Indonesia Bali
• Marketplace
• Manage website, homepage, advertising $ 15 million
• Tokenization – white labelling
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 As one of the most popular tourist destinations worldwide, Bali heavily relies on Occupancy Rates of all hotels in Bali shows signs of a V-
tourism. Therefore, Bali is one of Indonesia’s regions that took the hardest hit shaped recovery
caused by the pandemic, yet in Q4 2022, Bali’s GDP of accommodation
(hospitality) -F&B sector managed to surpass national-level growth.
The occupancy rate for also continues to rise from 13% on average in 2021 to
35% on average in 2022. Due to Bali’s G20 Presidency in November 2022 and
holiday season, the occupancy rate in Q4 2022 on average were 50%. For first
two month in 2023, the occupancy rate still above 40%. 5-star dan 4-star hotel
BALI HOS P IT ALIT Y OU T LOOK

have better occupancy rate.

The opening of international borders and several main events in Bali, made
foreign visitors jumped from just 51 people in 2021 to 2.2 million people in 2022.
The top 5 nationalities who visited Bali in 2022 were from Australia (28.1%), India
(8.4%), Singapore (6.0%), UK (5.9%), and US (5.0%). Domestic visitors jumped
87% in 2022 compared to previous year.
ADR in 2021 was just USD $66, but in 2022, it rose to USD $105. The increasing
number of visitors due to loosening travel restrictions helped improve hotel
Numbers of visitors in Bali continue improving. Foreign
performance, especially in July’s school holiday and G20 Summit. It is expected
visitor in January 2023 reached 73% of 2019 levels.
that ADR in 2023 is around USD $125.
Starting from Q2 2022, the hotel’s property price growth is surpassing Jakarta
and national level. The average Denpasar hotel’s property price index annual
growth in 2022 was 39.5%. The hotel supply remains subdued.
Overall, in 2022, easing travel restrictions and major events like G20 Summit, has
made significant improvements in tourist number, occupancy, hotel performance,
and hotel’s property price. Despite not reaching pre-pandemic levels, this is a
result of expensive airline tickets and limited number of domestic and
international flights. For 2023, Bali’s tourism is expected to continue improving,
as the number of flights and foreign tourist arrivals gradually return to normal.

Sources: Bali’s Central Bureau of Statistics; Cofund Research

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 5-Year Projected Returns
Total Investor Class A Investor Class B Investor Class C Investor Class D
Investment* $ 15 M $ 100 K $ 900 K $1M $ 13 M
% token ownership 100% 0,7% 6,0% 6,7% 86,7%
IRR 17,34% 25,98% 19,94% 19,02% 16,97%
Average Yield 10,78% 20,00% 13,45% 12,46% 10,39%
Equity Multiple 2,04x 2,50x 2,17x 2,12x 2,02x
ILLUSTRATIVE
INVESTMENT

Y0 Y1 Y2 Y3 Y4 Y5
Investment Class B -10,000
Operating Cash Flow 1.500 1.010 1.106 1.382 1.728
Net Sales Proceeds 15.000
Total Cash Flow 1.500 1.010 1.106 1.382 16.728

*) Investors will have the opportunity to earn different APYs depending on the timing of their investment. The earlier the investment, the higher the
expected returns, with preferred return provided for those who invest prior to the 2 million USD raise. However, for those who invest after the raise,
APYs will be based on the actual return results, which are expected to be around 10% for 5 years.

Stage 1 100 K Stage 2 1M Stage 3 2 M USD

A with APY B C
of 20% 15% yield for Y1, 11% for Y2 – Y5 12.5% yield for Y1, 11% for Y2 – Y5

Disclaimer: All figures presented in the illustration are targeted metrics and subject to change. 17
 FINANCIAL PROJECTION

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 Key Risks
Competition Risk
Hospitality market in Bali is relatively competitive
given a number of players in the market
KEY RISK & MITIGATION
Foreign Exchange Risk
Some of the transactions may need to be paid in
US$.
Liquidity Risk
Difficulty in exiting investment
Legal/ Land ownership title
Legal issue/ dispute on the land ownership
certificate will be detrimental to the investment.
Inflation/ Interest Rate Risk
High inflation will result in higher operational cost
and high-interest rate.
Operational Risk
The likelihood of delivering the bad resort
performance due to lack of experience in the
hospitality industry.
Mitigation
§ The resort is primarily targeting the upper end of the luxury villa and hotel with room rate in the
US$700/night range. This segment has better occupancy rate;
§ The Property is strategically located in Ubud, one of the top tourist destination areas in Bali.
Given the level of foreign investment in Bali, it is reasonable to assume the dollarization of real
estate assets, including villas and hotels. There is likely to be a tendency to diminish the local
currency in favor of the US$ in pricing and valuing villas and hotels;
§ Appropriate strategies will be put in place to ensure that any variances in the exchange rates will
have a little material impact on the business performance.
§ Villas are perceived to be a reasonably liquid market in Bali.
§ Real estate tokenization gives access to a larger group of investors and easy/simpler to transfer
ownership.
§ Legal and titles issues are addressed in an accompanying legal due diligence to be undertaken
by a reputable Jakarta or Bali based legal firm.
§ Indonesia central bank has implemented various monetary measures to stimulate the economic
growth, which involved maintaining low-interest rate to spur demand and maintain inflation
rate low;
§ With the low-interest rate and the inflation rate will benefit the property industry, particularly
in terms of maintaining customer’s purchasing power and growth in the tourism industry.
§ To mitigate the operational risk, the resort has been managed by reputable local hotel
management, the Alam Hotel Group which managed 5 other property, since 2002.
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 The acquisition of Alam Ubud Hotels marks the
advent of an exciting opportunity for future
improvement, and boasts remarkable prospects of
elevating our Average Daily Rate (ADR). The
hotel's strategic location and existing
infrastructure offer ample scope for growth and
expansion. To this end, we have identified
valuable improvement avenues that will raise the
overall value proposition of the property.
POST ACQUISITION
BUSINESS PLAN

Upgrading elevators and investing in better

windows and ceilings would infuse a touch of
modernity and sophistication into the hotel, thus
making it captivating and irresistible to discerning
guests. Additionally, the continual enhancement
of rooms, common areas, and amenities such as
spas, rooftop decks, state-of-the-art fitness
facilities, and stylish restaurants, will bolster the
inimitable charm of the property, and foster guest
loyalty.

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 In today's digitized world, optimizing technology
infrastructure is key to providing an unrivaled guest
experience. Striving for excellence, we aim to
improve our internet speed and connectivity, TV
systems, mobile applications, and any other
engagement platforms that enhance guest
experience. We also acknowledge the growing
appreciation for environmentally conscious practices
and savor the opportunity to reduce our carbon
footprint by pursuing recycling programs, energy-
POST ACQUISITION
BUSINESS PLAN

efficient lighting and heating, and reducing food

waste.

Furthermore, the 5,000 square meter development

plan budgeted at USD 15 million provides enormous
potential for further increasing the Annual
Percentage Yield (APY) of the property, hence
positioning it as an extremely lucrative investment
opportunity.

In summary, realizing the full potential of the Alam

Ubud Hotels acquisition, and achieving our objective
of increasing ADR, demands a relentless commitment
to innovation and continuous improvement.
Therefore, we will meticulously implement selected
enhancements and improvements that will confer a
truly indelible guest experience, and significantly
augment the value of this extraordinary property.
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 Indonesia’s economy, the largest in South East Asia, and Bali
demographics are very attractive for hospitality industry
development substantiated by the country’s low inflation rate,
continuous government support on the tourism industry and
growing tourist level, which will eventually contribute to:
• Growing demand for the resort;
• A tremendous number of tourists visiting Bali; and
• Maintaining consumers’ purchasing power;
RECOMMENDATION

The Property’s business prospect is promising supported by the

following:
• The location of the Property is well positioned in Ubud, one of
the top tourist destination areas in Bali;
• The Property targets hotel segment with an average daily rate
>US$700, the segment has better occupancy rate in Bali; and
• The hotel management of the Property will be managed by
Alam Hotel Group, reputable local hotel management.

The risks pertaining to the business and/or the industry are

generally manageable. The Property will be well run by business
professionals with qualified skills and expertise.

As a collective investment, The Property will generate an

attractive return for the potential investor, up to US$ 4,5 M
Profit Before Tax, IRR of 17.3% and a multiple of 2.04x can be
anticipated during 5-year investment timeframe.

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 SIZE 300 sqm

FEATURES Private Pool

Terrace
Bathtub
Shower

# OF UNIT 1
GALLERY

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 SIZE 300 sqm

FEATURES Private Pool

Terrace
Bathtub
Shower

# OF UNIT 1
GALLERY

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 GALLERY

25
 SIZE 300 sqm

FEATURES Private Pool

Terrace
Bathtub
Shower

# OF UNIT 1
GALLERY

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 cofund.ai
COFUND

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investment opportunities. Cofund’s marketplace provides a great opportunity for investors to have access to
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 This document has been prepared by Cofund Investment AG and is intended to contain a summary of the relevant
information in respect of the “Property” to which it relates. It is based on information available to Cofund Investment AG
at the time of preparation. To the extent that this document contains profit forecasts or other statements as to any
future matters, those statements have been prepared on the basis of the assumptions stated in this document.

Any statement as to any future matter is a present prediction of a possible future outcome, the accuracy of which
cannot be guaranteed. Although any representation in this document (whether expressed or implied) is made in good
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contractual or other legal obligation.
DISCLAIMER

Neither Cofund Investment AG nor any director of the company makes any representation or warranty in responsibility
of any statement made or advice given in this document and disclaims responsibility for any error or omission however
caused and (so far as the law allows and except as expressly provided in any written agreement) liability (whether for
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Prospective investors should make their own investigations and rely on their own inquiries in respect of the company
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