Berawa, Canggu

[SOLD OUT] Villa Coro

Beaches, sunshine, villages and rice fields are the images conjured when thinking of a Bali lifestyle and this new four bedroom villa near Berawa Beach in Canggu fits the bill very nicely indeed.

$445k - 678k
$445k - 678k
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About this villa

This mediterranean style, two-levels villa is just a stroll from the beach and in walking distance a the wide array of world class entertainment, dining and shopping areas as well as to the international school that is located within some 50mt radius from the property, that can make this villa the perfect living space for families with kids.

Yet, Villa Koro  is located in a quiet part of Berawa, at the end of a cul-de-sac, surrounded by rice fields. A great and high demand location in Canggu.

A unique sloping roof characterizes the loft character of the building. High and airy ceilings span over a huge open plan living & dining area with integrated modern kitchen and a breakfast bar. A sunken lounge with comfortable sofas positioned at the rear is a great entertainment spot.

villa coro bali berawa rental business

A large terrace with hardwood decking facing the spacious garden and pool area invites you to enjoy al-fresco dining during the cooler summer evenings.

The L shaped swimming pool is 10 m long and has a surface of 39 m2 with a large wooden lounge deck along its side inviting you to a sun bath.

All bedrooms are en-suite, spacious and well decorated in white, beige and teak hues. The two main bedrooms are facing the pool, one on ground level and one upstairs with a private terrace.

Off-plan project in Berawa, Canggu

Available options:

2x

  • 4 bedrooms, 4 bathrooms
  • 220 m2
  • Price: USD 425,000

1x

  • 5 bedrooms, 6 bathrooms
  • 320 m2
  • Price: USD 640,000
available plots, villa coro

Approximate villa location

Potential income and rental business opportunity

For this rental income example we are considering the 4 bedrooms, 4 bathrooms villa (USD 425k).

This villa is 5 minutes or less to the beach and located inside a very desirable, premium and friendly area, ideal for families and people looking for a spot that is the Canggu area.

Considering the the great location of this project, its unique design features, the walking distance from international schools and world class entertainments we estimate that investors will be able to rent out each room of villa Coro at approximately $250 USD per night, which is a typical price for that area, considering an occupancy rate of 76%.

Over the span of ten years villa Coro can generate around $2.7m in rental revenue.

Below is an estimate chart representing the cumulative revenue (gross in blue, net in green) along with the expenses of managing a rental property over a 10 years time-frame.

The green line represent your future cumulative revenue and it is estimated it will cross your investment amount (the dashed line in grey) in approximately two years.

This indicates that the time needed for investors to recover 100% of the investment amount is 2 years!

The performance of this villa is above average.

roi graph villa coro

Monthly rental income

On a monthly basis our calculations indicate that is possible to yield 2.49% per month, on average, which is typical for the area in which villa Coro is located.

This villa can potentially generate to investors a potential net monthly income of $15,960 USD (considering an operative cost of 36%, which include taxes, Airbnb fees, supplies, management and ordinary maintenance).

This is a potential net daily income of $532 USD!

You can always set up your own calculation by using our ROI calculator to evaluate a different scenario.

Our tool is free to use and there is no need to register with your personal data.

If you find yourself interested in this listing and would like to learn more about this opportunity drop us a line on Whatsapp or Register here to download the brochure, get in touch and/or schedule a visit to villa Coro.

Villa specifications
Location:
Berawa, Canggu
Land size
m2
Build area:
220
m2
Furniture
Bedroom:
4
Bathroom:
4
Parking:
1
Construction status:
Ready villa
Contract:
Leasehold
Contract lenght:
29 years
Price USD:
$445k - 678k
Price IDR:

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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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