Luxury apartment 900 metres from the ocean in Bali in Canggu

Luxurious Flats in Indonesia, Bali, Canggu

Overview:

This premium flat in Indonesia offers an elegant living space in Canggu, Bali, complete with a single bedroom and a swimming pool. The complex boasts a well-developed infrastructure, ensuring residents enjoy both comfort and convenience.

Specifications:

Living Space: 80 square meters

Pricing Details:

Asking Price: $195,000 (equivalent to $2,437 per square meter)

Rental Yield:

Average Occupancy Rate: 85%

Annual Revenue per Day (Factoring in Occupancy): $89 (Annual Total: $25,988)

Annual Net Profit (After Expenses and Taxes): $23,129 (Yield: 11%)

Investment Recovery Timeframe: Approximately 8 years

Investment Returns from Resale:

Initial Purchase Cost: $195,000

Resale Value: $253,500

Gross Profit from Sale: $58,500 (Growth: 30%)

Note: Expenses and taxes related to the property’s sale are variable and determined by specific factors.

Additional Financial Considerations:

Notary Fees: 1% (Split Equally with the Purchaser)

Sales Tax: 11% (Divided Equally with the Purchaser)

Income Tax Rate for Indonesian Residents: 10%

Income Tax Rate for Non-Residents: 20%

Property Ownership Details:

Expected Completion of Construction: June 2025

Tenure: Leasehold for 30 years

This offering presents an attractive opportunity for investors seeking to capitalize on Bali’s real estate market, providing a balance of luxury living and promising financial returns.