Apartments situated within an exquisite residential enclave in Canggu, Bali, offer an idyllic living experience. These residences, showcasing features like a rooftop and a swimming pool, include two spacious bedrooms, positioning them as prime apartments for sale in Bali.
Specifications:
Building Area: 283 square meters, reflecting the spacious design of these apartments in Indonesia.
Pricing Details:
Asking Price: $700,000 (equivalent to $2,473 per square meter), highlighting the competitive market for apartments for sale in Bali.
Rental Income Potential:
- Average Occupancy Rate: 85%, indicating a high demand for apartments in Bali.
- Annual Revenue Per Day (Accounting for Occupancy): $430 (totaling $133,407 annually), showcasing the profitable aspect of investing in Bali real estate.
- Annual Net Profit (After Expenses and Taxes): $118,732 (yielding an 11% return), underlining the financial benefits of owning apartments in Bali.
- Investment Recovery Period: Approximately 5.8 years, emphasizing the investment appeal in Bali property.
Investment Return from Purchase and Resale:
- Initial Purchase Price: $700,000
- Potential Sale Price: $910,000
- Gross Profit from Sale: $210,000, demonstrating the capital appreciation potential of apartments in Bali for sale.
Associated Selling Costs and Taxes:
The expenses and taxes associated with selling the property are an essential consideration for investors in the Bali real estate market.
Ownership Terms:
Expected Completion of Construction: June 2025, making it a timely investment in Bali property for sale.
Type of Ownership: Leasehold, with a term of 30 years, typical for apartments in Indonesia.
This offering presents a remarkable opportunity for both investment and personal enjoyment, situated in the serene backdrop of Bali, appealing to those interested in apartments for sale in Bali.
