1
1
Babakan
Fully Furnished
Open—Enclosed
136 sqm
81 sqm
2
2023
This stunning project is located in Babakan, Canggu, one of the most sought-after areas in Bali. As the area remains quiet, the development is also well-connected to hustle bustle of Canggu such as its shops, beach clubs, International schools, cafes, and driving to the beach will only need 7-10 minutes.
It is amazingly built with double-height ceiling in the living area which can allow more natural sunlights that you can feel refreshed while relaxing in its convivial area or in its outdoor lounge. The open-plan living in first floor connects with dining and kitchen area overlooking swimming pool. The second floor consists of one ensuited bedroom in mezzanine style, separated with open-closed wooden sliding door. You can have a shared parking area that fits for cars and motorbikes.
This property will surely be an extremely versatile as investment proposition, designed to fit the high rental demand in Canggu while also being appealed to a person, small family or couple looking for cozy and well-located home to work and live in.
This project comprises a four-villa units that is different in size and you can choose the design preferences as well. The construction will start upon agreement with an estimated construction of 10 months.
Leasehold Price (25 years): USD 190,000
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Type of property ownership dedicated for local investors or foreigners under legal cooperation in Indonesia. The freeholder of a property owns it outright, including the land it is built on. If you buy freehold, you’re responsible for maintaining your property and land, so you’ll need to budget for these costs and taxes.
Surat Hak Milik (SHM) / Surat Hak Guna Bangunan (SHGB)
Lifetime, or until it’s sold to a new owner
Indonesian individual only or foreigner who has a company in Indonesia (PMA) to buy the property under that company’s name
Type of property ownership for foreign investors who are willing to purchase the property as an individual. With leasehold, you own the property (subject to the terms of the leasehold) for the length of your lease agreement with the freeholder. When the lease ends, ownership returns to the freeholder, unless the contract states guaranteed lease extension at future market price.
Akta Sewa / Right to use – Right to rent
Average 20-30 years, with possible extension. Maximum 99 years
All people including Indonesian and foreigner with KITAS-Visa status