Ruby Villa is an eco-retreat two story villa nested on vast rice fields with jungle views in Ubud, Bali.
The house is serene and minimal in the Japanese zen tradition. A relaxing place to meditate, relax and watch amazing sunsets and verdant fields. Watching the rice planting, growing and harvesting, it is the ideal place to be with nature yet close enough to Ubud and all its restaurants and wonderful attractions.
The 2BD Villa can sleep 5 people with two bedrooms on the 2nd floor with direct views to the rice fields and a sofa in the living room. It has a fish pond meditation pavilion, office area, a private hot tub and a large deck area to sunbath or watch the sunset.
A beautiful shared lap pool with massive views of the rice field and jungles is just 10 steps away.
Earn Passive Income
Make $25,632 in Passive Income a Year !
What makes this property a good Investment?
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.
Because of this growing demand, property values increased 15% annually (from 2014 to 2019).
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 look seriously at purchasing a villa in Bali!
Ubud is the most visited town in Bali. The average nightly rent for a 2BD unit around Ubud is $89/night (according to Airdna, an Airbnb research service). The properties in the resort reach 80% occupancy rate.
Dream Villa generates USD $2,136 in income per month (USD $25,632 a year in revenue) and $20,592 in Annual Profit after expenses. With 23 years on the lease, an investor will return their investment in 4 years and can generate a total of $473,616 in Profit.
The Villa has a dedicated management and maintenance staff that are part of the resort. 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.
The staff speak English fluently and can manage your AirBNB or Booking.com account. They get raving reviews from guests who stay in the Villa. They are kind, caring and take care of problems that arise fast.
The maintenance fees are only USD $250/month (it's not a typo, labor in Bali is very affordable!) and includes:
Daily cleaning of the Villa
Pool cleaning and maintenance
Any ongoing small fixes to the Villa are billed per cost and are relatively cheap.
In addition, this Villa is already serving as a rental property with star rating on 4.85. See below reviews it received on the quality of the service, location and value it provides to guests
This villa is ideal for a foreign investor who wants a hassle-free passive income.
Pay attention: our villas don't stay on the market for long, so if you are interested in this villa, enter your email below:
See Ruby Villa
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ABOUT THE VILLA
Ruby Villa is set within an Eco-friendly resort. The natural design provides a deep sense of peace and harmony with the surrounding nature. It minimizes waste, through an efficient design, simplicity and usage of long-lasting material. The art artifacts are all locally sources using local Balinese artist who are world-famous for their traditional art mastery.
To maximize space, the furniture is multi-functional, for example the living room table is a Kotatsu table, which raises from the floor and allow guests to sit comfortably around it. This eliminates the need for a dedicated table and chairs and the table is easily lowered when you want clear flat floor which enlarges the living room space when needed.
The Villa is built with ironwood structure and traditional pegged joints. Ironwood is long lasting as it safe from termites and is incredibly resistant to water. The Villa is designed for Bali climate and has 4 ways openness to the breeze coming from the rice fields to keep a cool and fresh air flow when needed.
Ruby 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 resorts, 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:
The Villa is nested adjacent to a traditional rice fields where you can see traditional farming on a daily basis. The local people are very friendly and all the workers in the resort are from the nearby village. They have plenty to give and will often invite you to share their festivals, tradition and food. You will witness Hindu ceremonies, daily offerings to the good, rounding up ducks in the rice fields, picking plants for food and the local kids flying kites over the rice fields in the afternoon – an amazing sight!
Frequently Asked Questions
Why is the house leased for 23 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 period according to negotiations with the landlord.
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.