Luxury 2 BD, 2 Bath
10% ROI, USD $189,000
Iris Villa is a brand new and stunning two bedroom villa with a private pool and and accommodating up to five people. The beautiful vintage design is enhances by a spacious light filled rooms. Large windows and sliding doors open up onto an amazing court yard with a private pool, sitting area, outdoor dinning area and a green yard.
The bedrooms feature comfortable four-poster beds with its own ensuite. For guests who enjoy cooking will find a very modern, fully equipped kitchen and spacious dining table.
The location is just 5 minute scooter ride (8 min car) to the center of Ubud.
Earn Passive Income
Make $24,000 in Passive Income a Year !
What makes Iris Villa a good Investment?
1) Brand New Villa with High Rental Appeal
The luxury Villa is a brand new development in a superior location 5 min away from central Ubud. The high end finishing, with eccentric furnishing could attract high rent for guests who are looking for a unique, luxurious and private villa in Bali.
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. This property reach 86% occupancy rate (above average and at higher nighly rate) .
3) Solid Passive Income and 10% ROI
Iris Villa generates USD $24,000 a year in revenue and $18,620 in Annual Profit after expenses. With 25 years on the lease, an investor will return their investment in 10 years and can generate a total of $2,376,000 in income over the lease period.
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 this Villa!
Our villas don't stay on the market for long, so if you are interested, enter your email:
Iris Villa is located just 4 KM North 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 99 years?
In Indonesia, a foreigner can't own a land directly, they can only lease it.
The owner will lease you this villa for 99 years followed by an extention of additioinal 99 years
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 Dream Villa for 7 years. After a magical period in Bali they have decided to move back home to Europe and therefore looking for a new owner for thier beloved home.