Oceanfront Apartments in Sanur, Indonesia
Overview:
Positioned directly on the waterfront, these apartments in Indonesia, Bali, Sanur present a tranquil retreat with their two-bedroom configurations. The development stands out for its comprehensive infrastructure, delivering a premium lifestyle. Occupants can savor the magnificent ocean vistas from their dwellings or whilst enjoying the shared swimming pool’s refreshing embrace.
Specifications:
Area: The built-up area covers 204 square meters.
Price: Priced at $850,000, which breaks down to about $4,166 per square meter.
Investment Potential:
Occupancy Rate: This property is notable for its high occupancy rate of 80%.
Annual Revenue: Considering the occupancy, the daily earnings are $350, leading to an annual revenue of $102,200.
Net Annual Profit: Factoring in operational costs and taxation, the profit per annum is $88,914, resulting in a 13% investment return.
Payback Period: The investment is expected to be recuperated in 9 years.
Income from Resale:
Initial Purchase Cost: $850,000
Resale Value: $1,071,000
Net Profit: Reselling could yield a profit of $221,000, translating to a 26% profit margin.
Additional Financial Insights:
Investing in this property incurs several fees and taxes, including a 1% notary fee and an 11% sales tax, both divided equally between the seller and buyer. For local Indonesian buyers, the income tax is 10%, while foreign investors face a 20% tax.
Ownership Terms:
Expected Completion: With a completion date in January 2025, this property is set to offer contemporary amenities and finishes.
Ownership Mode: The apartments for sale in Sanur, Bali are provided on a 30-year leasehold, securing a long and beneficial tenure for both investors and homebuyers.
This seaside property doesn’t just offer a lavish lifestyle but also stands as a valuable investment opportunity due to its excellent returns and prime location.
