This outstanding surfside development is less than 250m from the legendary surf spot and the best known wave in Indonesia. This fantastic location is also ideally located amongst the main eat street featuring restaurants the like of Mason, Yuki and Sushimi.
The 25 compact villas along with apartments will be a massive hit with surfers and renters with the private access to blue point and Suluban beach.
The 2 or 3 bed villas come for a very attractive price of US$374,400 with a small deposit to take off market, 30% payable after the due diligence stage then stage payment.
From an investment perspective the projected returns are impressive and easily achievable with this location. These include 14% p.a. from long term rents, 20% p.a. passive income from daily rentals and a 40% anticipated price increase after the construction is complete. These are all net figures.
The properties also enjoy a long lease of 30 years with the option to extend another 30 years. That can happen in 29 years time at market rate or can be extended in the first 2 years owners can extend a further 10 to 30 years at a rate of 1.5% of the unit price now so 1.5% x unit price x number of years.
The developer is as good as they get. He is a German developer and architect who has launched over 30 successful businesses in Germany and Indonesia and has 15 years development experience in Bali including a 65,000 sqm complex in Bali – seeing is believing but beyond impressive.
To find out more about this exciting opportunity please contact Peter Taylor at [email protected] or whatsapp +62 821 4720 4580
Nearby: Suluban Beach 300 m, The Cashew Tree 3.3 km, New Kuta Golf 4.5 km, Padang Padang Beach 1.8 km, El Kabron Bali 3.5 km.