Located in the heart of Bali’s most fashionable area, Apartments in Indonesia Bali Changgu, Batu Bolong Street, this exclusive apartment complex offers a limited collection of 113 residences. Spanning a total area of 4,052 square meters, this property promises a blend of luxury, convenience, and stunning views.
Each one-bedroom apartment, with a generous space of 38 m², is situated just 7 minutes from the beach, making it an ideal luxury apartment in Bali for sale. Residents can enjoy breathtaking panoramic views, a communal swimming pool, and a host of premium amenities. The asking price for these exquisite apartments is $135,000, which translates to $3,553 per square meter, positioning it as a sought-after property for sale in Bali.
Amenities include:
- Rooftop jungle park, offering a unique green escape
- Tropical infinity pool with an ocean view
- An internationally acclaimed restaurant and coffee shop
- An underground parking facility, including a choice of a pcx or nmax bike
- Coworking space, perfect for professionals
- Private golf cart transfers
- Children’s area complete with a babysitting service
- Surf school for ocean enthusiasts
- Beauty and SPA salon for relaxation and pampering
- State-of-the-art gym
- An event hall located on the rooftop for special occasions
Investment Potential:
Daily rental income potential is $150, with an 80% occupancy rate, leading to an adjusted daily revenue of $120. This equates to an annual revenue of $43,800, with a net profit (after expenses and taxes) of $38,982, or a 28% return. The estimated payback period is 4 years. The investment return from buying and subsequently selling the property is impressive. With a purchase price of $135,000 and a sale price of $168,750, investors can expect a profit of $33,750, representing a 25% gain.
Costs and taxes associated with the property sale are tailored to individual circumstances, including:
- A notary fee of 1% (split equally between buyer and seller)
- A sales tax of 11% (also split equally)
- Income tax rates vary between 10% for Indonesian residents and 20% for non-residents.
Ownership Details:
The property is set to be completed by June 2025. It offers a leasehold ownership model, initially set for 26 years with an option to extend for an additional 25 years. This property presents an unparalleled opportunity to own a piece of Bali’s vibrant lifestyle, coupled with promising investment returns and a comprehensive suite of luxury amenities, marking it as a prime apartment for sale in Changgu Bali.
