Canggu, Bali, Indonesia
For Sale
$140,000
For sale a complex of 6 duplex villas, just a 1 kilometer away from the popular Echo Beach Canggu, surrounded by tropical forests and rice terraces. The complex was built in December 2019. The total building area is 700 m2. You are welcome to buy whole complex or 1 villa.
Complex features:
• 3 two-level apart-villas (living area: 40 sq. m., plot area: 1 are);
• 24-hour concierge service and security, parking;
• Storage space for sports equipment;
• Territory with a swimming pool, sun loungers and a garden;
• Villas with a complete set of high quality eco-friendly furniture;
• Kitchen set;
• TV;
• Wi-Fi
• Bathroom with rain shower.
Costs and Returns:
The price of 1 villa – $140,000
Annual income from rent of 1 apartment-villa – $21,600
The price of the entire property (6 villas) – $630,000
Annual income from rent of 6 apartment-villas – $129,600
Average annual rental income – 10% – 14%
Payback period – from 6 to 7 years.
IF annual occupancy is 66%
Terms:
• The sublease period – 24 years verified by notary.
• You can sell or rent villas legally.
• All management, financial and economic activities and reports are carried out by a professional management company.
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Owning a home is a keystone of wealth… both financial affluence and emotional security.
Suze Orman