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ID: 1.6153

Townhouses in a complex, Umalas, Bali

Location
Bali
Area
75m2
Land plot area
80m2
Number of bedrooms
1
Updated on
19.01.2024
Swimming pool
Yes
Management company services
Yes
Price
175 000 €
Price per sq.m.
2333 €

The total area of the complex is 6200 square meters, which includes 41 townhouses with 1 and 2 bedrooms each with an individual pool.

Area of townhouse 1 with bedroom 75 m2 and plot 80 m2 - $190,000

Townhouse area 2 bedrooms 108 m2 and plot 90 m2 - $250,000

Master plan of the project

Stage 1 - on the master plan is located at the top. There are currently 8 double townhouses and 4 one bedroom townhouses available.

Stage 2 - on the master plan is located at the bottom. There are currently 14 two-bedroom townhouses available.

Calculation of investment volume

#

Property type

Area sq.m.

Price per sq.m.

Amount of investment

1

2 bedroom townhouse

108

$1,945

$210,000

2

Notary fee

0.5%

$1,050

TOTAL:

211 050

Payment plan:

Booking deposit $5000

First payment 7 days after signing the land sublease agreement and investment agreement - $100,000 - $5,000 deposit

Subsequent payments according to the plan agreed with you.

Payments are tied to construction stages, which are confirmed by monthly construction progress reports.

Construction

start April 2023 - end September 2024.

Transaction stages:

1. Signing a letter of offer, making a deposit payment to our company’s account to reserve the property;

2. Legal examination (15 days), preparation of contracts with a notary and coordination of its points with you;

3. Signing contracts (sublease and investment);

4. Down payment to our company account;

5. Payment by installments / monthly report on the progress of construction;

6. Handing over the keys to the finished townhouse and signing an agreement with the management company in September 2024.

IMPORTANT! As a bonus for purchasing a townhouse, our company will register a company for you and subsequently receive a two-year KITAS investor visa.

IMPORTANT! When you pay the full price of the townhouse when signing sublease and investment agreements, you are given an additional $10,000 discount.

Copying and reprinting of materials is possible if there is a link to the original source, namely our website tradegoria.me

Financial model for resale of a finished townhouse

Indicator

Meaning

Cost of a finished townhouse at market prices for 2023 in $, price per sq. m. about 3300 $

350,000

Land tax on sale $

3 500

Agent's commission for finding a buyer 5%

17,500

Amount invested $

211 050

Net profit $

117 950

ROI%

55.88

Financial model of daily rental for the first 5 years

Indicator

Meaning

Average daily rental rate in $

200

Occupancy, %

75

Gross income, $

54 750

Income minus utilities $8340 per year $

46 410

Income minus 20% commission of the Management Company $

37 128

Profit $ FIRST YEAR

37 128

Profit $ SECOND YEAR *daily rental rate and utility costs +10%

40 840

Profit $ THIRD YEAR *daily rental rate and utility costs +10%

44,924

Profit $ FOURTH YEAR *daily rental rate and utility costs +10%

49 417

Profit $ FIFTH YEAR *daily rental rate and utility costs +10%

54 359

TOTAL PROFIT FOR 5 YEARS $

226 668

Net profit after tax 10% $

204 001

ROI 96.66%

Cost structure for maintaining a townhouse

Indicator

2 bedroom townhouse amount $

A. Fixed Cost Projection

1

Payment of maids

170

2

Garden and pool care

40

3

Cable TV and Internet

40

4

Remuneration of a technical engineer

50

5

Contribution to the local community

10

6

Remuneration of management company employees

35

7

Accounting

thirty

TOTAL AMOUNT OF FIXED COSTS

375

B. Projection of floating costs

1

Laundry

40

2

Electricity

135

3

Minor repairs

50

4

Supply of cleaning materials

25

5

Guest supplies

70

TOTAL AMOUNT OF FLOATING COSTS

320

C. TOTAL A+B

695

 

The area is in close proximity to popular recreational areas and several famous beaches such as BERAWA BEACH, BATU BELIG, PETITENGET (only 10 minutes), as well as excellent restaurants and bars.

Transport accessibility

Excellent transport accessibility, allowing you to quickly reach all main areas of Bali without traffic jams: Airport 30 minutes / Ubud 70 minutes / Seminyak 15 minutes / Canggu 15 minutes / Kerobokan 5 minutes.

External infrastructure

Just 300 meters from the complex there is a European standard supermarket Pepito and an international educational center for children Umalas PRO School. The LIGA TENNIS sports complex is located one and a half kilometers from the complex.

Internal infrastructure

24-hour security, video surveillance, customer service, laundry, cafe, co-working space, reception, golf shuttles and children's entertainment center. These solutions significantly increase the attractiveness of real estate in terms of rental business and resale.

Lease terms (LeaseHold)

The contract with the land owner was signed for 30 years. Upon completion of construction, you will have the right to own the land for a period of 29 years and the priority right to extend it.

Copying and reprinting of materials is possible if there is a link to the original source, namely our website tradegoria.me
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