Set on the edge of boundless rice paddies, you can see from your living room and bedrooms the dancing glow of fireflies at night.
Being strategically located just 5 mins drive from Ubud, the spiritual heart of Bali, where you will find both Hindu temples and many shopping, galleries, markets, yoga and nightlife venues.
Astro Villa has one large bedroom complete with a comfy bed, high ceilings and a magical ensuite bathroom. From the living room see breathtaking views across the sweeping rice paddies and coconut trees.
Relax in tranquil surrounds listening only to the sounds of nature while resting in a spacious living and lovely appointed marble kitchen.
Just step outside to a huge shared infinity pool to relax or frolic in.
The Villa has a staff that can manage all aspects of renting it to short-term guests.
Earn Passive Income
Make $16,500 in Passive Income a Year !
What makes Astro Villa a good Investment?
1) Professionally managed Villa with Rental Track Record
The Villa has a management and maintenance staff that rents and takes care of the villa's needs. The staff cleans the villa everyday, and will fix any issue related to the Villa. The staff is on-property 24/7 and will check-in your renters with a smile. Staff speak English fluently and can manage your AirBNB or Booking.com account. They get raving reviews from guests who stay at the Villa. They are kind, caring and take care of problems that arise fast.
2) Great location, just 5 min from Ubud center
TripAdvisor crowned Bali as the Most Desired Travel Destination in 2017.
Every year, 10 million tourists arrived to Bali and this number is growing by 10.1% annually, creating large demand for short-term rental. Ubud is the most visited town in Bali.
3) Solid Passive Income and 12% ROI
Astro Villa generates USD $16,567 a year in revenue and $9,273 in Annual Profit after expenses. With 7 years + 15 years lease extension (at $15,000 cost) an investor can generate a total of $364,478 in income.
If you are looking for a great investment that appreciates over time, provides solid passive income, makes you smile while thinking about your next vacation and, gives you bragging rights (... i just bought a villa in Bali!), then you should contact us regarding purchasing Astro Villa!
Our villas don't stay on the market for long, so if you are interested, enter your email below:
See Astro Villa
See video tour
View Pictures of Villa, Pool and Views:
Astro Villa is located just 5 minutes from the center of Ubud. Bali. Ubud is the cultural and culinary center of Bali. Higher in elevation and, therefore, cooler than the hot beach level, it has a perfect weather most year-round.
Ubud is a town with excellent shopping, restaurants, museums, dance, arts and crafts – a great center for tourism.
It is the hub of many Yoga, Meditation and Healing institutions and activities. It is world-wide famous for its art, culture and has more than 400 restaurants to choose from of all food varieties. Check out this video to see some of what Ubud has to offer:
Frequently Asked Questions
Why is the house leased for 7 years?
In Indonesia, a foreigner can not own a land directly, they can only lease it.
Therefore, most properties are leased for periods of 15 to 30 years. At the end of the leased term you can extend for another similar period using current prices of the land (usually it means around $15,000 for another 15-30 years - It's cheaper then the initial lease purchase as you don't buy the building again just exending the land use for it)
So Astro villa has 7 years left on the current lease but the price of the 15 years extension was already negotiated as $15,000. So for an additional payment (in 7 years) you will be able to generate an addtional of $150,000 in profit.
How can I ensure that I get property clear of all leans or obligations?
In Indonesian real estate transactions there is a single Notary (a certified lawyer/counsel) who is aneutral third-party and paid a fixed 1% of the transaction proceeds.
As part of his/her responsibilities, the Notary must conduct a thorough due-diligence process to inspect the land ownership, property ownership, building permits, and make sure that all governmental approvals are in orders and that there are no leans or obligations on the title. If such leans or obligations are found, they must be disclosed, written into the agreement and addressed.
The Notary has completed that due diligence process and Dream Villa is clean from leans or unknown obligations.
The notary prepared a lease agreement and it should be reviewed by the Buyer (or the buyer's legal advisor) before signing the agreement.
What would be the process of closing the sale?
1. The seller will send a Memorandum Of Understanding (MOU) to the buyer which details the transaction details.
2. Buyer shall sign the MOU and fund 20% of the purchase price to an escrow account held by the Notary. This gurantees the sale.
3. Notary will send to Buyer the Leasehold Agreement for review.
4. Once the Leasehold Agremeent has been finalized, signed and the balance of the purchase price (80%) was funded to the escrow account, the ownership is declared fully transferred to the Buyer and the Leasehold Deed is provided to the Buyer.
5. Notary will notify the management company of the Change of Ownership and introduce the Buyer to the management company. All future rental income would be received by the Buyer.
How long would it take to complete the purchase?
Closing of Leasehold Deed in Indonesia is a pretty straight forward process as it doesn't include land registration and is a private transaction between two parties. It can take between 1-3 weeks to complete the process from start to end.
Why is the current owner selling the property?
The current owner owned and lived in this Villa for 8 years. After a magical period in Bali they have decided to move back to thier home country and therefore looking for a new owner for this beutiful villa.