Beautiful Off-Plan 2 Bedroom Villa in a Desired Penestanan Location Ubud – Leasehold 25 years + Extension Options
The site of this Off-Plan villa is in the very best part of Ubud , in Penestanan North , immediately adjacent to Mades’ Warung, on the west side of it, facing the gang, so it faces predominantly North. It is close to La Lillies and Cafe Vespa and very quiet as there is no car access.
There is a 25 year lease in place with 2 x options for 10 and 15 years respectively, that can be renewed at any time in the initial period, either separately or together. The lease for the further periods is already determined in advance and is very favorable.
The developer of this property intends to build 2 x 2 bedroom / 2 bathroom villas there, and will reside in the top one ( Villa # 1 ) and offers to sell the lower one ( Villa # 2 ).
He prefers to sell during the construction phase ( off the plan ) or if not, then post construction.
In case the buyer of the 2nd villa would purchase off the plan he would consider a discount which can then be negotiated.
The villas have been designed so that the 2nd bedroom area of each one is completely self- contained and private so that the 2 areas can be rented separately if desired, or alternatively let as just one whole area. Each area has its own totally separate and private entrance as you can see from the plans and 3D models.
The lease has been settled on the 11th of July 2019 and work has already started on site, however, the land will be cleared first, then the earthworks will start and be finished around October. The start of the construction will be around December and it is expected to be finished by March or April 2020.
The Villa # 2 will be offered fully furnished and fully equipped as a full turn-key to a high standard.
It is offered for the lease period up to 2044 at a price of AUD 149,000.
In case the buyer wants to outfit and decorate the villa by himself/herself to his/her own personal taste the price would be only AUD 139,000.
Please contact Maria for further information: email@example.com, whatsapp +62811397918
- Pool size: 4 x 2 m
- Water supply: PDAM Government water
- Neighbourhood: Local neighborhood, villas, shops, restaurants
- Nearest amenities: close-by
- House style: Modern Tropical
- Furnished: Furnished
- Other Features: Built-In Wardrobes,Close to Shops,Terrace/Balcony