New smart studio apartments in the heart of Banjar Canggu!
This apartment block boasts an excellent location just 700 metres from the beach in Canggu and walking distance to Batu Bolong and all the popular shops, bars and restaurants in Banjar Canggu. Unlike most properties in the area this one has underground parking. Guests can also enjoy the rooftop facilities which includes a 25 metre lap pool, gym, sun deck, garden area, restaurant and bar.
The apartments are built on a 48.5 square metre area and have two levels. The lower levels house a lounge area, with large smart TV, a kitchen with bar and a well appointed bathroom, plus balcony. The stairs to the mezzanine are built over a storage area which conveniently includes a washing machine and tumble dryer to maximize the use of space. The mezzanine houses a work space, plus a double bed and ample wardrobe space and looks down over the void above the lounge area.
The apartment units are marketed for leasehold sale at USD 139,860 for a 30 year lease. This is the price for apartments on the first and second floors, third floor apartments sell at USD 153,846. Buyers can chose to stay there or when not occupied for personal use the apartments can be rented at an average price of USD 130 per night giving the buyer a 9.88% ROI on the first year (if 77.5% average occupancy). The developers predict a ROI of 12.7% by the third year and a payback period of 7 years with an average profit per year of USD 19,900 - please enquire for more information or to arrange an inspection.