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
Contact us
To inquire about this villa, anything related to properties in Bali, how it works and to get good advice.
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KES253
Babakan, Canggu
[SOLD] Villa Nika: Babakan Modern Living
Contemporary Comfort, Prime Location, high potential.
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.
To inquire about this villa and anything related to properties in Bali.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Intro to
Canggu
Loved by digital nomads and younger generations, Canggu is the Best place to make new friends!
Area info
We like
Nightlife
The food!
Nomad friendly
Summary
With its long beaches, Canggu beckons with a laid-back vibe, vibrant surf culture, and a burgeoning community of digital nomads. Its strategic location and coastal charm make it a sought-after destination not only for surf enthusiasts but also for those seeking a thriving nightlife scene.
Investment performance
Highlights
High occupancy rates
Steady yield
High liquidity
Intro
To this day, Canggu represents one of the most stable and profitable investment locations in Bali. Favorite by digital nomads looking for the perfect work life balance and mandatory stop for vacation goers, Canggu distinguish itself for its international character and high standard of living.
Average occupancy rate:
Average daily rate:
Average yearly revenue:
Bali big picture
Tourist Flow
After a severe global stop to travel in 2020-2021 Bali is now on the recovery path. Bali welcomed approximately 5,300,000 international visitors in 2023.
Working Population
Following the slowdown due to the pandemic the job market in Bali has been recovering, signaling that growth is well on its way to new highs. An expanding working population, typically signals economic growth and increased opportunities within a region. It suggests that businesses are thriving, leading to more job creation and a higher demand for a skilled workforce.
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This is your chance to:
Create your ideal getaway to Bali.
Invest in one of Asia's most active and dynamic real estate markets.
Start a rental company to increase your return on investment.
By kicking off your project with us, we'll collaborate to help you accomplish your goals.
Our ever-expanding network of carefully selected partners allows us to be able to offer you everything you need to develop your real estate project in Bali.
What we can accomplish with you is as follows:
We will support you in interacting with landowners and other enities to ensure that everything is done in a transparent and fair manner to prevent any surprises.
We will keep you informed at every stage of your real estate project and assist you in finding the best architect and contractor to handle your project.
Depending on your needs and objectives, we can also manage your property through one of our reliable partners, who will rent it out to travelers from all over the world, providing you with a additional source of income.
Leasehold contracts provide a practical solution for foreigners looking to enjoy property ownership in Indonesia without becoming citizens. This arrangement functions as a "right to use" the property for a specified duration, commonly between 20 to 30 years, with the possibility of extensions.
What are the disadvantages of a leasehold property in Bali?
As you do not own the land and the lease contract is in force for a determined amount of time you are likely not going to enjoy capital appreciation overtime. However, with an average yearly yield between 12-25% Bali villas pay themselves back overtime making this problem less relevant.
Can i buy leasehold properties in Bali?
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.
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 the building and the land on which it sits, reverting that right to the landlord.
Can i resell my leasehold villa in Bali?
Yes, you can absolutely resell your lease to someone else! It's called flipping and is very common here in Bali too. You simply "pass" your contract to someone else in exchange for for money.
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.
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