Villa Located in the Canggu Neighbourhood, Bali
Overview:
This villa, nestled in the serene Canggu neighbourhood in Bali, offers breathtaking views of rice fields. It spans three floors and is designed with luxury and comfort in mind, featuring four bedrooms, a rooftop terrace, and a private swimming pool. Occupying a plot area of 474 m², the building itself covers 486 m², making it a spacious retreat for both families and investors.
Pricing Details:
Priced at $649,000, this villa offers exceptional value at $1,335 per square meter. Considering its prime location and luxurious amenities, it stands out as a top choice for those looking to invest in Bali villas for sale.
Rental Income Potential:
With a daily revenue of $500 and an impressive occupancy rate of 80%, this villa not only serves as a stunning residence but also as a lucrative investment opportunity. The adjusted daily revenue of $400 leads to an annual income of $146,000. After accounting for expenses and taxes, the annual profit stands at $129,940, offering a 20% return on investment. The estimated payback period is 5 years, highlighting its potential as a profitable venture in the Bali real estate market.
Sales Costs and Taxes:
The villa’s sale involves various costs and taxes, which are tailored to individual circumstances. These include a notary fee of 1% (split equally with the buyer), a sales tax of 11% (also shared with the buyer), and differing income tax rates for residents (10%) and non-residents (20%) of Indonesia. These details are crucial for investors considering Bali properties for sale, ensuring a transparent and informed purchase process.
Project Completion:
Scheduled for completion in November 2023, this villa is a promising investment for those looking to own a piece of paradise in Bali. With its luxurious features, potential for rental income, and prime location in the Canggu neighbourhood, it represents an ideal opportunity for discerning buyers and investors alike.
