KES253
Babakan, Canggu

[SOLD] Villa Nika: Babakan Modern Living

Contemporary Comfort, Prime Location, high potential.

$ 219,000
$ 219,000

Sold out
Ara
Ready villa
Building Icon - Realtor X Webflow Template
Leasehold
29 years
Scale Icon - Realtor X Webflow Template
100
 sqm
Bed Icon - Realtor X Webflow Template
2
Bathroom Icon - Realtor X Webflow Template
3
Parking Icon - Realtor X Webflow Template
No items found.
KES253
Babakan, Canggu

[SOLD] Villa Nika: Babakan Modern Living

Contemporary Comfort, Prime Location, high potential.

$ 219,000
$ 219,000

Sold out
Ara
Ready villa
Building Icon - Realtor X Webflow Template
Leasehold
29 years
Scale Icon - Realtor X Webflow Template
100
 sqm
Bed Icon - Realtor X Webflow Template
2
Bathroom Icon - Realtor X Webflow Template
3
Parking Icon - Realtor X Webflow Template

Overview

Explore modern living in the heart of Babakan with this 2-bedroom, 2.5-bathroom home featuring a rooftop retreat. The property, built in August 2023, sits on 2.15 are of land and has a 100m2 building on top.

With a 29-year land lease until April 16th, 2052, and certificates SLF & PBG completed, this fully furnished home offers a perfect turnkey investment opportunity for smart investors.

Features

This modern home is thoughtfully designed, featuring a dining area with a fully equipped kitchen, complete with an electric stove, water filter, and microwave oven.

The kitchen island adds functionality, while the enclosed living room hosts a 60-inch TV for entertainment.

The master bedroom with a king-sized bed and a guest bedroom provide comfortable spaces, each with en-suite bathrooms, and the master bathroom includes a bathtub.

Additional amenities include a washer and storage space in the guest bathroom. The rooftop offers an outdoor terrazzo bench and a 5 x 3-meter pool.

Location

Situated in Babakan, this property is strategically located, just 10 minutes from Batu Bolong Beach and a mere 100 meters from the Batu Bolong intersection in Raja Canggu. The location of villa Nika makes it ideal for a short term rental activity as this prime location provides easy access to the vibrant Canggu lifestyle, entertainment venues, beaches and international restaurants.

Pricing and Lease Terms

  • Price: $219,000 (IDR 3,500,000,000)
  • Lease: 29 Years (until April 16th, 2052)
Villa specifications
Location:
Babakan, Canggu
Land size
m2
Build area:
100
m2
Furniture
Bedroom:
2
Bathroom:
3
Parking:
Construction status:
Ready villa
Contract:
Leasehold
Contract lenght:
29 years
Price USD:
$ 219,000
Price IDR:
IDR 3,450,000,000
Curious about this property? Get all the details you need.
1/5
You can have a holiday home in Bali that generates 12-20% ROI per year while you are away.
2/5
Purchasing a property in Bali takes 15 to 30 days. It can be done remotely from anywhere in the world.
3/5
Bali offers diverse investment opportunities suitable for every investor and budget.
4/5
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Why choose Kitn Estates for your Bali villa purchase?

Expertise and experience:
Established in 2020, Kitn Estates specializes in helping foreign investors enter the Balinese real estate market.
Our SIU-P4 broker certification ensures strict adherence to Indonesian laws and exceptional service.
Comprehensive support:
With over 20 esteemed partners, including rental management,  architects, lawyers, and tax experts, we offer holistic support throughout your real estate journey.
Global reach:
Kitn Estates team is able to safely support and finalise any property purchase on your behalf while you are not in Bali.

My decision making process could have not being easier and the villa acquisition contracts a breeze.Kitn Estates also assisted me to open my company in Bali.I am now earning around $ 2,800 with my b&b in Pererenan.

Katerina V.

Best team ever!In less than 2 months working with Kitn Estates i have been able to buy land and get started on my new home project. Thank you!

Mark

My husband and I finally moved to Bali.
We now own a splendid riverfront villa in Ubud. Feels like a dream.
Being represented by Kitn Estates has been great, they negotiated a $ 9,500 discount from the sale price.

Olivia

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
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
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.
Read more about leasehold properties in Indonesia
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.
Read more about it here.
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.
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.
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.
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
agent photo (Ghany)
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