Townhouses in a complex, Umalas, Bali
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.
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.