KES240
Balangan, Uluwatu
Home at walking distance to the beach
Discover an excellent investment opportunity in the Uluwatu area at 4 minutes drive to Balangan beach.
USD $ 139,000
USD $ 139,000
Off-plan
Leasehold
20 years
70
sqm
2
2
1
About
You will own one unit within a 7-unit complex, each with 1.5 are of land.
These units offer 70m2 of living space and an additional 70m2 rooftop.
With 2 bedrooms, 2 bathrooms, and a closed-plan living room and kitchen, these properties provide modern comfort. You'll also find three air conditioning units for your comfort.
Location
About Balangan Beach:Balangan Beach is a stunning natural location in Bali, known for its incredible beauty. This half-kilometer stretch of golden sand is nestled between lush vegetated limestone cliffs, creating a captivating setting. Locally referred to as Pantai Balangan, this area is famous for its reef just off the coast, which generates one of the longest left-hander breaks on the island. Owning an investment property in Balangan means being close to this mesmerizing natural wonder, making it a fantastic choice for those who appreciate both the tranquility and the surf culture of Bali.
Construction status
As of 09 January 2024 construction progress is approximately 35% with delivery on June 2024.
Pricing
The property features a 4-meter road access and comes with a 20-year lease at $139,000 ( IDR 2.200.000.000), with the option to extend for just $1,800 per year.
Don't miss this chance to invest in paradise! Get in touch for a viewing!
Villa specifications
Location:
Balangan, Uluwatu
Land size
m2
Build area:
70
m2
Furniture
Bedroom:
2
Bathroom:
2
Parking:
1
Construction status:
Off-plan
Contract:
Leasehold
Contract lenght:
20 years
Price USD:
USD $ 139,000
Price IDR:
IDR 2.170.000.000
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