[SOLD OUT] Off-plan villa in Perenenan

This villa, located in Canggu's Jantuk Angsa Perenenan, will be ready for move-in on January 2023. It features a functional interior, spacious living areas, and two bedrooms with private bathrooms. The property also boasts a 6.0m pool and indoor and outdoor living areas, making it ideal for a rental business. Make sure to check out the ROI sheet by accessing the Google Drive folder.

$199,000

About the villa

This off-plan villa project is the perfect opportunity for anyone looking for a vacation home or an investment property.

It's set to be ready for delivery in January 2023 and offers a 25-year leasehold with an option to extend the contract.

The location is unbeatable, just five minutes away from the beach in a highly sought-after area.

The villa is partially furnished and features two bedrooms with private bathrooms and an additional shared bathroom.

The total area of the property is 130sqm on a 160sqm piece of land, including a garden and a chill area. The highlight of the property is the 6.0m long outdoor pool, perfect for relaxing and enjoying the tropical climate.

The property is priced at $199,000, and it's estimated to have an impressive return on investment when used as an Airbnb rental, with a monthly yield of 18.05% and a yearly net income of $36,000, with an occupancy rate of 69%. This is a fantastic opportunity, don't miss out on this rare opportunity and schedule a viewing today!

Frequently asked questions

What is included within the price of this villa?

The price displayed is inclusive of:
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- Right to use of the land (lease)
- Building and everything in it as per list of items
- Taxes
- Agency commission

Are there additional costs when purchasing this villa?

In 90% of listings the only additional cost you might incur in is the notarial fee which vary depending on the Notary offered or the one of your chosing.
The fee is usually around 1% of the sale price of the villa.
Example:
Sale price USD 100,000 + Notary fee (1%) = USD 101,000
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I like this property, what are the next step?

After getting in touch with us we can organise a viewing (in person or via Zoom) of the property, review the documentation, discuss payment terms, negotiate the price whereas possible and ultimately when you are ready start the acquisition process, which involves signing an MOU (memorandum of understanding) and doing a deposit to start the acquisition process.

What do i get when purchasing leasehold properties in Bali?

Once you sign the lease of your new villa in Bali you obtain the right to use the property for a specified duration, commonly between 20 to 30 years, with the possibility of extensions.
Read more about leasehold properties in Indonesia

How hard is it to buy property in Bali?

Not as hard as you might think, you can buy properties from anywhere on planet earth as long as you have an internet connection, your ID and the money to pay for a property.
We take care of the whole process start to finish.
Read more about it here.

Can i buy leasehold properties in Bali from abroad?

Yes, you can buy leasehold villas or land in Bali both as private individual without the need for a visa and as a company, via a PT PMA (Indonesian LLC equivalent).

What happens when my leasehold runs out in Bali?

When the lease for a Bali villa or land runs out you will lose the right to use of the land and by consequence the building on on top of it, reverting all the rights on the land to the landlord.

Can i resell my leasehold villa in Bali?

Yes, you can absolutely resell your lease to someone else!
You can sell it immediately after you buy it, after a few years or at any point in time down the road.
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You will "sell" your right to use the land to someone else in exchange for for money.

Can i own land in Bali?

Foreign individuals and companies alike can't get full ownership of land as per Indonesian law.
They can both access leasehold contracts and only companies (PT PMA) can buy freehold properties (SHM) up to 90 years.

Is it safe to buy leasehold villas in Bali?

By working along with professionals and licensed real estate agencies yes, smooth sailing.
If you want to deal everything by yourself, yes, very much possible at a higher risk of losing money.

Will Kitn Estate assist me after a villa purchase?

Yes, our commitment is to making sure you succeed in your goals.
Purchasing a property with us comes with all of our combined years of experience in the Bali real estate market.
And for that reason, our team will be able to guide you towards profitability.
We can help you:
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- Setup your company (PT PMA)
- Obtaining visas
- Provide legal assistance
- Assist in permits and licenses
- Provide villa management and more

[SOLD OUT] Off-plan villa in Perenenan

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Frequently asked questions