Premium oceanfront apartment complex in Sanur (Bali)
An apartment complex including 80 units: studios, 1BR and 2BR apartments. Rooftop with a swimming pool and BBQ area, commercial premises, coffee shop, restaurant, sauna, spa complex and fitness center.
Additional Information:
Address: Sanur map
Form of ownership: Leasehold 25 + 10 years (fixed price) | in the future, priority renewal at a commercial price
Start and end of construction: February 2024 - December 2025
Cost of m2 at presale: $2700 per m2
Installment plan. Payment plan No. 1: 50% down payment, then 10% every 3 months
Installment plan. Payment plan No. 2: 15% first payment from the price list, then 15% every 3 months
Contractor: in the process of selection
Financing: Own funds
Management company: In the process of selection
Warranties: 5 years for construction, 2 years for finishing.
Technical details:
Technical supervision: Yes
Taxes: Included in the deal
Ground Type: Pink
Presale price:
Apartments
Studio 36 sq. m+ 7m2 - $99,000
1 bedroom 52 sq. m+ 14 m2 - $156,000
2 bedrooms 77 sq. m+26 m2 (terrace) - $245,000
| Studio | 1 BR | 2 BR | Price per sq.m. | $2,750 | ||
| Area, sq.m. | 36 | 51 | 76 | Management fee per year, % | 20% | |
| Unit cost, $ | $99,000 | $140,250 | $209,000 | Average occupancy in Bali, % | 80% | |
| Average rental price on AirBnb per day, $ | $120 | $170 | $220 | Income tax and other tax deductions | 10% | |
| Average rental yield per year taking into account occupancy, $ | $35,040 | $49,640 | $64,240 | |||
| Maintenance cost per year, $ | $5,000 | $6,000 | $6,000 | |||
| Studio | 1 BR | 2 BR | ||||
| ROI | % | ROI | % | ROI | % | |
| 1 year | $20,729 | 21% | $30,341 | 22% | $40,853 | 20% |
| 5 years | $103,644 | 105% | $151,704 | 108% | $204,264 | 98% |
| 15 years | $310,932 | 314% | $455,112 | 325% | $612,792 | 293% |
| 25 years | $518,220 | 523% | $758,520 | 541% | $1,021,320 | 489% |
| 4Q 2023 | 1Q 2024 | 4Q 2024 | 2025 | 2026 | 2027 | |
| Cost per 1 sq.m., $ | $2,700 | $3,000 | $4,000 | $4,500 | $5,000 | $5,500 |