Apartments Located in the Heart of Canggu
Overview:
A single-bedroom apartment spanning an impressive 85 square meters, featuring a private swimming pool and a spacious terrace. This property is merely a 5-minute stroll from Berawa Beach, making it a prime location for those looking to invest in Apartments in Indonesia, Canggu.
Pricing Details:
Offered at $259,000 ($3,047 per square meter), this Apartment in Indonesia represents an exceptional investment opportunity in one of Canggu’s most sought-after locations.
Investment Returns:
With the potential for a daily rental income of $175 and an 80% occupancy rate, the adjusted daily income is approximately $140. Annually, considering occupancy rates, the revenue stands at $51,100. After all expenses and taxes, the yearly profit is estimated at $45,479, marking an 18% return on investment with an estimated payback period of 5 years. This makes Apartments for sale in Canggu an attractive investment choice.
Sale-Related Expenses and Taxes:
Expenses and taxes on the sale vary, including a notary fee of 1% and a sales tax of 11%, both divided equally between the seller and the buyer. Indonesian residents face a 10% income tax rate, while non-residents are subject to a 20% rate.
Payment and Ownership Details:
The property is available on a leasehold basis for 25 years, with the option for extension, offering a straightforward path to ownership for those interested in Apartments for sale in Indonesia, Canggu.
Completion Timeline:
The project is scheduled for completion in December 2024, making now the perfect time to invest in a Canggu Apartment for sale.
