KES214
Babakan, Canggu
Arterra terrace
Arterra Terrace Bali is a secure tropical sanctuary located in Canggu
From USD $ 215,000
From USD $ 215,000
Off-plan
Leasehold
30 years
188
sqm
3
3
2
At a glance
- Four units available
- Each unit has private courtyard and pool
- Private rooftop terraces with amazing view
- Privacy and comfort
- Different variant available (see more here)
- Located in Babakan
- 30 years leasehold
- Construction in progress
About this project
This villa cluster consists of four villas that gracefully cascade up a gentle slope, with each villa gaining a mild elevation, hence the name "Terrace." The site was carefully chosen for its north-south orientation, ensuring maximum comfort and ventilation in the tropical weather. Each villa features a private courtyard and pool.
Designed by the co-founders of renowned architecture firm Inully Limited, Arterra Terrace showcases the expertise of Architect/Developer Ar. Luther Seet. Luther's designs have received prestigious awards, including Tatler Homes Best Tropical Design 2019 and Tatler's Designer on the Rise 2021.
His extensive experience includes notable projects such as Singapore Changi Airport Terminal 4 and the National Gallery Singapore.
Privacy and comfort are prioritized in each villa, with visual and acoustic privacy maintained by the enclosure while the courtyard allows for ample daylight and ventilation.
The villas consist of three-bedroom units at the beginning and end, with two-bedroom units in the middle. Private roof terraces provide unobstructed views of the surroundings.
Arterra Terrace offers a private access pathway, lined with serene bamboo, leading to each of the four villas. All bedrooms have ensuite bathrooms, and there is a common powder room on the first floor. The roof terrace level, accessible via a sculptural spiral staircase, offers a breezy platform for customization, whether for gazebos, BBQs, or portable jacuzzis.
The first floor of the villas features an open L-shaped configuration, wrapping around a courtyard with a pool. The doors can be fully opened to seamlessly connect indoor and outdoor spaces or closed for air-conditioning. The pool includes seats that utilize the adjacent stone deck as a ledge, offering a unique "work-from-pool" option, a must for businessman and digital nomads.
Variants
Each unit of the Arterra Terrace complex is different and offered in different (2 and 3 bedroom).
At this link you can view all the different layouts, render, brochure and ROI estimates.
Construction update
As of June 7, 2023, after two months of construction, significant progress has been made on the project.
The land has been completely cleared, and excavation work is finished. The majority of the sub-structure tasks have been completed as well. Construction of the columns for the first storey is underway, along with the construction of non-load-bearing concrete block walls.
The construction process is being systematically phased from the top slope downwards, and it is progressing smoothly and according to schedule.
Villa specifications
Location:
Babakan, Canggu
Land size
m2
Build area:
188
m2
Furniture
Bedroom:
3
Bathroom:
3
Parking:
2
Construction status:
Off-plan
Contract:
Leasehold
Contract lenght:
30 years
Price USD:
From USD $ 215,000
Price IDR:
Frequently asked questions
What is included within the price of this villa?
The price displayed is inclusive of:
- Right to use of the land (lease)
- Building and everything in it as per list of items
- Taxes
- Agency commission
- Right to use of the land (lease)
- Building and everything in it as per list of items
- Taxes
- Agency commission
Are there additional costs when purchasing this villa?
In 90% of listings the only additional cost you might incur in is the notarial fee which vary depending on the Notary offered or the one of your chosing.
The fee is usually around 1% of the sale price of the villa.
Example:
Sale price USD 100,000 + Notary fee (1%) = USD 101,000
The fee is usually around 1% of the sale price of the villa.
Example:
Sale price USD 100,000 + Notary fee (1%) = USD 101,000
I like this property, what are the next step?
After getting in touch with us we can organise a viewing (in person or via Zoom) of the property, review the documentation, discuss payment terms, negotiate the price whereas possible and ultimately when you are ready start the acquisition process, which involves signing an MOU (memorandum of understanding) and doing a deposit to start the acquisition process.
What do i get when purchasing leasehold properties in Bali?
Once you sign the lease of your new villa in Bali you obtain the right to use the property for a specified duration, commonly between 20 to 30 years, with the possibility of extensions.
How hard is it to buy property in Bali?
Not as hard as you might think, you can buy properties from anywhere on planet earth as long as you have an internet connection, your ID and the money to pay for a property.
We take care of the whole process start to finish.
We take care of the whole process start to finish.
Can i buy leasehold properties in Bali from abroad?
Yes, you can buy leasehold villas or land in Bali both as private individual without the need for a visa and as a company, via a PT PMA (Indonesian LLC equivalent).
What happens when my leasehold runs out in Bali?
When the lease for a Bali villa or land runs out you will lose the right to use of the land and by consequence the building on on top of it, reverting all the rights on the land to the landlord.
Can i resell my leasehold villa in Bali?
Yes, you can absolutely resell your lease to someone else!
You can sell it immediately after you buy it, after a few years or at any point in time down the road.
You will "sell" your right to use the land to someone else in exchange for for money.
You can sell it immediately after you buy it, after a few years or at any point in time down the road.
You will "sell" your right to use the land to someone else in exchange for for money.
Can i own land in Bali?
Foreign individuals and companies alike can't get full ownership of land as per Indonesian law.
They can both access leasehold contracts and only companies (PT PMA) can buy freehold properties (SHM) up to 90 years.
They can both access leasehold contracts and only companies (PT PMA) can buy freehold properties (SHM) up to 90 years.
Is it safe to buy leasehold villas in Bali?
By working along with professionals and licensed real estate agencies yes, smooth sailing.
If you want to deal everything by yourself, yes, very much possible at a higher risk of losing money.
If you want to deal everything by yourself, yes, very much possible at a higher risk of losing money.
Will Kitn Estate assist me after a villa purchase?
Yes, our commitment is to making sure you succeed in your goals.
Purchasing a property with us comes with all of our combined years of experience in the Bali real estate market.
And for that reason, our team will be able to guide you towards profitability.
We can help you:
- Setup your company (PT PMA)
- Obtaining visas
- Provide legal assistance
- Assist in permits and licenses
- Provide villa management and more
Purchasing a property with us comes with all of our combined years of experience in the Bali real estate market.
And for that reason, our team will be able to guide you towards profitability.
We can help you:
- Setup your company (PT PMA)
- Obtaining visas
- Provide legal assistance
- Assist in permits and licenses
- Provide villa management and more