Located in the vibrant tourist hub of Sanur, Bali, this apartment complex in Indonesia stands on the eastern coast, greeting the morning sun. It offers an exceptional living experience with direct ocean access and a well-developed infrastructure that enhances the quality of life for its residents.
Apartment Features:
- Single bedroom layout
- Prime oceanfront location
- Comprehensive complex amenities including a swimming pool
- Breathtaking ocean views
Property Specifications:
- Total building area: 101 m²
Financial Details:
- Asking Price: $490,000 (equivalent to $4,851 per square meter)
Rental Income Potential:
- Average Occupancy Rate: 80%
- Daily Revenue at Full Occupancy: $250, culminating in an annual revenue of approximately $73,000
- Annual Profit (after accounting for expenses and taxes): $63,510, yielding a return on investment of 13%
- Investment Payback Period: 7 years
Capital Gains from Resale:
- Initial Purchase Price: $490,000
- Potential Resale Price: $617,000
- Estimated Profit: $127,000 (representing a 26% gain)
Associated Costs and Taxes (Variable):
- Notary Fees: 1% (costs shared equally with the buyer)
- Sales Tax: 11% (costs shared equally with the buyer)
- Income Tax for Indonesian Residents: 10%
- Income Tax for Non-Residents of Indonesia: 20%
Terms of Ownership:
- Estimated Construction Completion: January 2025
- Ownership Type: 30-year leasehold
- Latest Update: July 12, 2023.
This detailed overview aims to provide potential investors with a clear understanding of the investment opportunity, highlighting both the immediate rental income potential and the longer-term capital gains prospects in apartments for sale in Bali. Note that the costs and taxes related to the property sale are subject to change based on various factors.
