This contemporary four-story apartment complex in Bali, located in the vibrant area of Canggu, offers an exceptional living experience with its one-bedroom apartments. Each apartment, situated on a single floor, features access to a communal swimming pool and includes a dedicated parking space.
The apartments span a building area of 49 m², with a purchase price set at $180,000, equating to $3,673 per m².
Financial Highlights of the Investment:
Occupancy Rate: The apartments boast a high occupancy rate of 80%.
Annual Revenue: With daily revenue accounting for occupancy, the annual income is estimated at $43,800, translating to $150 per day.
Annual Profit: After taxes, the yearly profit is projected to be $38,982, offering an 11% return on investment.
Investment Payback Period: The investment is expected to pay back within 4.6 years.
Income from Resale:
Initial Purchase Price: $180,000.
Resale Price: $216,000.
Resale Profit: $36,000, marking a 20% profit margin.
Associated Costs and Taxes:
Resale costs and taxes vary and are subject to several factors, including:
Notary fees at 1% (split equally with the buyer).
Sales Tax at 11% (shared with the buyer).
Income tax for Indonesian residents at 10% and for non-residents at 20%.
Ownership and Payment Terms:
The property is available on a leasehold basis for 29 years, with the construction completion scheduled for December 2023. This exceptional opportunity offers a blend of luxury living and investment potential in one of Bali’s most sought-after locations, making it a perfect choice for those interested in apartments in Indonesia Bali Canggu for sale.
