KES188
Umalas, Bali
Umalas Townhouse
Own a beautiful and luxurious townhouse in central Umalas. High yield off-plan property.
From $ 190,000
From $ 190,000
Off-plan
Leasehold
30 years + extension
75
sqm
1
1
1
At a glance
- 30 years with right to extend 30 more years
- 6200m2 development, 40 townhouses
- Luxurious lofts in central location
- 30 minutes to airport and 10 minutes to the beach
- Private pool
- Cafe, co-working space, customer service, 24hr security, laundry
About this development
This development offers you an investment opportunity to own a townhouse in Umalas.
The complex spans over 6200 square meters and includes 40 townhouses with individual pools, consisting of 1 and 2 bedrooms.
The townhouses are designed with modern features and quality materials, ensuring the perfect balance of comfort and luxury.
The development comes with internal infrastructure such as 24/7 security service, customer service, laundry, a cafe and co-working space.
The leasehold contract is signed for 30 years with a guaranteed right of extension for another 30 years.
The location of this development is Umalas and offers easy accessibility to popular recreation areas in Batu Belig, and Petitenget, and famous beaches such as Berawa Beach.
The Umalas area is in close proximity to several other areas in Bali, with excellent transport access allowing you to reach the airport in just 30 minutes, Ubud in 70 minutes, Seminyak in 10 minutes, Canggu in 15 minutes, and Kerobokan in 10 minutes.
Furthermore, the area is experiencing a lot of development projects, and new infrastructure is appearing in the vicinity, which adds to the liquidity of the area.
The European standard supermarket, Pepito, is only 300 meters away from the development.
Investing in this development is a great opportunity to own a luxurious townhouse in a central location, offering high rental potential and great value appreciation.
Layouts
One Bedroom
Two Bedrooms
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Villa specifications
Location:
Umalas, Bali
Land size
m2
Build area:
75
m2
Furniture
Bedroom:
1
Bathroom:
1
Parking:
1
Construction status:
Off-plan
Contract:
Leasehold
Contract lenght:
30 years + extension
Price USD:
From $ 190,000
Price IDR:
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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