International Listing
Home | International Listing
Bali
Umalas Signature Project
Features Include:
Panoramic Views
Modern Design
Maximum Amenities
Smart Technologies
Video can’t be displayed
This video is not available.
Investing In The Umalas Signature Project!
For Sale By Expression Of Interest
- An exceptional investment opportunity with proven high return and low risk in a highly sought-after tourist attraction!
- Lease Hold a property of your choice for up to 99 years
- (Approximately 6.2 million tourists visited BALI in 2019 prior to COVID)
Note: Please also refer to the information outlined in the brochure titled: “Property ownership in BALI”
One Bedroom Apartment
4 Persons | 1 Bedroom | 1 Bathroom
This Investment Opportunity Includes The Below Mentioned Points Of Consideration:
1. About the Developers
SAMAHITA UMALAS PRASADA The above mentioned company (Samathita group) are the developers of the Umalas Signature project.
About the Project
The land which occupies the project belongs to an Indonesian owner and the project belongs to the above-mentioned developer.The developer leases the land from a private landlord for the purpose of developing the project. The developer then has the right to develop the project commercially and sublease each of the apartment comprising the project to investors.Each apartment which is offered for lease hold sale under this project has a different owner/landlord.
2. Project’s Location:
This stunning project is located in the center of Bali’s gold triangle – Brawa, Seminyak, Kerobokan. The area of Canggu was rated by Forbes magazine as number 4 in the world for investment and living. Centrally positioned only 5 minutes’ drive from the Indian Ocean and the famous beach clubs. Surrounded by dozens of trendy cafes, shops only a short stroll away.
3. Complex Infrastructure:
The project offers 5 x star hotel amenities for its investors. Inclusive of:
- Rooftop pool,
- Fully equipped gym,
- Pool bar,
- SPA co-working areas
- Meeting rooms,
- Playground,
- Yoga studio,
- Commercial units,
- Golf simulator,
- Cinema, Restaurants
4. About the Apartments Forming Part of the Project
- Currently, there are 1& 2 bedrooms available
- All the units on offer come fully furnished with modern and tasteful holiday style furnishing which is certain to appeal to tourists, (no need to pay extra for furnishings)
5. Who are the parties to the Leasehold agreement?
Investing in the project offers a likely/expected high return on investment (ROI) and great capital appreciation On average the expected generated annual yield is 11-15% The expected capital appreciation after completion is 25-35% per annum (Refer to the attached expected ROI calculation for 1 & 2 bedrooms)
6. ROI & Capital Appreciation
The contract of the Leasehold Agreement is executed between the Lessor (an Indonesian citizen) and the investor- Lessee (the investor acquiring the desired property under the terms of a Leasehold agreement).
7. Expected Occupancy Rate
A popular tourist attraction with an estimated 80% to 90% full occupancy per annum.
8. Investment Payment of the Acquired Property
- USDT (United States Department of the Treasury) CRYPTO is ACCEPTED
- Payment currency are to be paid in US dollars only
- Properties prices are fixed and are not negotiable
Affordable payment options with flexible payment terms.
Payment terms plan
Typically, within 12 months from the exchange of contracts date, unless the completion date of the project falls prior to the 12-month’s term. In this instance, the settlement date and the expectation for all outstanding monies to be paid will fall on completion of the project (settlement)
a. Booking fee
$1,000 US dollars (this fee reserves the property for 14 days under the investor’s name in preparation to transition to an exchange of contracts
b. 30% down payment (during the 14 days period)
During the 14 days period the Investor will receive a draft contract. Upon being satisfied that the terms and conditions of the contract are agreeable, the investor will sign an MOU (Memorandum of Understanding) and pay a 30% of the purchase price as a down payment in order to cement the phase of securing the deal with a formal Exchange of contracts.
Note: the holding deposit will form part of the 30% down payment
c. Balance of 70% of the purchase price
The balance of money owing till settlement forming the remaining 70% of the purchase price is to be paid over a period of 12 months, with payment terms mapped to the agreeable terms and conditions of the agreement (set and agreed upon during the 14 days period)
However, typically the balance is paid in the following manner:
1 x periodic payment of 30% midway of the project (For example, after 6 months from the contract date has expired(On specifications, and in line with terms and conditions of the contract, this payment can be mapped to the project’s milestone progress reports to ensure the construction is indeed on target)
2nd and final periodic payment (Balance) on settlement
Typically, within 12 months from the exchange of contracts date, unless the completion date of the project falls prior to the 12-month’s term. In this instance, the settlement date and the expectation for all outstanding monies to be paid will fall on completion of the project (settlement)
a. Booking fee
$1,000 US dollars (this fee reserves the property for 14 days under the investor’s name in preparation to transition to an exchange of contracts
b. 30% down payment (during the 14 days period)
During the 14 days period the Investor will receive a draft contract. Upon being satisfied that the terms and conditions of the contract are agreeable, the investor will sign an MOU (Memorandum of Understanding) and pay a 30% of the purchase price as a down payment in order to cement the phase of securing the deal with a formal Exchange of contracts.
Note: the holding deposit will form part of the 30% down payment
c. Balance of 70% of the purchase price
The balance of money owing till settlement forming the remaining 70% of the purchase price is to be paid over a period of 12 months, with payment terms mapped to the agreeable terms and conditions of the agreement (set and agreed upon during the 14 days period)
However, typically the balance is paid in the following manner:
1 x periodic payment of 30% midway of the project (For example, after 6 months from the contract date has expired(On specifications, and in line with terms and conditions of the contract, this payment can be mapped to the project’s milestone progress reports to ensure the construction is indeed on target)
2nd and final periodic payment (Balance) on settlement
9. Other Hidden Costs
Stamp duty tax equates to 11% of the purchase price, Plus a 1% Notary fee.
A notary fee is a contract registration fee in the Government Office.
Total an additional 12% of the purchase price. To be paid on settlement.
A notary fee is a contract registration fee in the Government Office.
Total an additional 12% of the purchase price. To be paid on settlement.
10. Management Of The Investment Property In BALI
Management fees (optional)
Should an investor chose to have the property managed by The Umalas Signature project team the management fee is approximately $ 150 USD per month inclusive of all services If the investor will choose to have the property managed, then upon nomination it can be resumed directly on settlement. In this instance, the management company whom is the developer, (Samahita Group) will take over any aspect of the maintenance and management of the investment property. Relevant information attributed to management terms and conditions by the Samahita group will be handed over on settlement for review and approval of the investor
Should an investor chose to have the property managed by The Umalas Signature project team the management fee is approximately $ 150 USD per month inclusive of all services If the investor will choose to have the property managed, then upon nomination it can be resumed directly on settlement. In this instance, the management company whom is the developer, (Samahita Group) will take over any aspect of the maintenance and management of the investment property. Relevant information attributed to management terms and conditions by the Samahita group will be handed over on settlement for review and approval of the investor
11. Environmentally Sustainability & High Technology Features Built By Reputable And Experienced Local Builders
All of the apartments are equipped with a smart home system that provides full access for remote control of home devices and the tracking of rental processes. It may be utilized by investors by a simple download of a mobile application which can be accessed 24/7 and from anywhere in the world
12. Management/Landlord‘s Insurance
In instances where the management of the asset is handed over to the Umalas Signature project team/developer to be managed (find a tenant and oversee the management), there is an insurance in place to protect the asset from any unforeseen risks. Should the investor opt to manage the acquired asset, then it is highly recommended for the investor to obtain landlord insurance.
13. There Is A “Buyback” Option From The Developer After 5 X Years (Terms & Conditions Apply)
This option (this is not a guarantee) may be exercises by opting to sell back the investment property lease hold to the developer after 5 x years have expired.
In this instance, the buyback guaranteed option is calculated based of the yearly lease amount (of the initial 43-year term) net of any capital appreciation which may have occurred over the 5-year period.For example, let’s refer to the following scenario:
Purchased price is 155,000 USD with an initial lease period of 43 x years in the UMALAS Signature project. Breaking down the 43 years into a yearly payment equates to: $3,604 USD
The calculation of the 5 years payback will work on the basis of 3,604 x 5 years = $18,023 USD This amount will be deducted from the original purchase price (155,000 USD) Equating to the balance of $136,977 USD.
Therefore, if the buyer wishes to exercise the pay pack option the amount of $136,977 will be refunded to the buyer.
In this instance, the buyback guaranteed option is calculated based of the yearly lease amount (of the initial 43-year term) net of any capital appreciation which may have occurred over the 5-year period.For example, let’s refer to the following scenario:
Purchased price is 155,000 USD with an initial lease period of 43 x years in the UMALAS Signature project. Breaking down the 43 years into a yearly payment equates to: $3,604 USD
The calculation of the 5 years payback will work on the basis of 3,604 x 5 years = $18,023 USD This amount will be deducted from the original purchase price (155,000 USD) Equating to the balance of $136,977 USD.
Therefore, if the buyer wishes to exercise the pay pack option the amount of $136,977 will be refunded to the buyer.
14. “On Selling” The Leasehold Privately To Another Buyer
Investors can at any time after settlement “on sell” their investment to another interested party at an agreeable price of choice and acceptable terms and conditions.
Expression Of Interest - Bali
Click on the button below to download and fill out the Expression of Interest form.
Frequently Asked Questions (FAQs)
SIR Properties Group Pty Ltd DISCLAIMER
SIR Properties Group Pty Ltd is not a law firm and does not provide legal advice. Only a solicitor/conveyancer/barrister can provide legal advice. No solicitor/conveyancer/barrister-client relationship is created by the recommendation of the Umalas Signature project to SIR clients
All information and advice contained in the information provided (which was obtained by SIR Properties Group Pty Ltd from the Umalas Signature legal representatives) to SIR Properties clients may omit factors that could be pertinent in some cases.
Therefore, such information and advice are provided without responsibility, warranty, guarantee, or holding out, either expressed or implied. Persons or companies acting or refraining from acting because of such information or advice do so at their own risk.
SIR Properties Group Pty Ltd disclaims responsibility or liability for any direct or indirect, incidental, special, exemplary, or consequential damages whatsoever, whether in contract, strict liability, or tort (including negligence or otherwise) arising in any way out of the introduction of the project and the information provided to clients
SIR Properties Group Pty Ltd is not a law firm and does not provide legal advice. Only a solicitor/conveyancer/barrister can provide legal advice. No solicitor/conveyancer/barrister-client relationship is created by the recommendation of the Umalas Signature project to SIR clients
All information and advice contained in the information provided (which was obtained by SIR Properties Group Pty Ltd from the Umalas Signature legal representatives) to SIR Properties clients may omit factors that could be pertinent in some cases.
Therefore, such information and advice are provided without responsibility, warranty, guarantee, or holding out, either expressed or implied. Persons or companies acting or refraining from acting because of such information or advice do so at their own risk.
SIR Properties Group Pty Ltd disclaims responsibility or liability for any direct or indirect, incidental, special, exemplary, or consequential damages whatsoever, whether in contract, strict liability, or tort (including negligence or otherwise) arising in any way out of the introduction of the project and the information provided to clients
Bali
Magnum Residence Sanur
Features Include:
Luxury Ocean Views
Beautiful Promenade
Beach Front Access
Luxury Interior Design
Investing In Magnum Residence Sanur
- The complex is located on the Sunrise side of the East Coast of Bali.
- THIS IS THE ONLY PROJECT WHICH GIVES YOU THE POSSIBILITY TO BUY FIRST LINE PROPERTY IN BALI, in an area that's perfect for living!
- Real luxury apartments with no analogues on the whole island of Bali.
