Villas for sale in Seminyak
Nowadays, every foreign national has the right to buy villas in Seminyak for investment and living. The resort is on the south coast of Bali, Indonesia, and is a suburb of Kuta.
Seminyak is considered one of the trendiest and most prestigious areas of Bali. It attracts tourists from all over the world, who come here to relax on the beautiful sandy beaches, go shopping, dine at restaurants, and have fun at nightclubs. The area has also retained a certain authenticity: in some of its parts, you can meet local fishers and admire churches and temples reflecting the rich culture of Indonesia. This blend of modernity and tradition makes it a unique and attractive travel destination.
Wanting to buy property in Indonesia, many people choose this area of Bali, as it is a year-round tourist destination with well-developed infrastructure. Popular developments include:
- TS Suites
- Seminyak Living Sunset
- Seminyak Living Residence
- Taman Seminyak Residence
- Perumahan Bali Griya Residence
Ownership of property by foreigners is governed by the laws of Indonesia. An overseas national is allowed to buy a villa in Seminyak worth at least $328,000. You should keep in mind that there are currently two most common ways foreigners can purchase Balinese real estate. Obtaining ownership is only available in special economic tourist zones. Foreigners cannot own land. Instead, they are given the opportunity to obtain a land plot through a long-term lease, which lasts 25–30 years and is extendable for 20 and then another 30 years.
Investment house in Seminyak
Seminyak is the first stop for the majority of tourists coming to Bali and is one of its most visited areas. It is home to famous beaches such as Petitenget and Double Six. Houses prices in Seminyak tend to be higher than in the rest of the island. A unit purchased at the construction stage can be resold at a price about 30% higher than the original price.
Rental houses in Indonesia enjoy high demand all year round, which investors find very attractive. Let’s calculate the potential rental income when buying villas in Seminyak. Let’s say you invest $250,000. The average cost of renting such a unit is $4,000 per month. An occupancy of 85% will generate $3,250 per month in revenue. A management company fee is about 20% of the rent, that is, $2,600 remains. After deducting the 11% tax, we get $2,314—this is a net profit per month, or $27,768 per year. To find out how long it will take for the investment in a villa in Seminyak to pay off, the property cost must be divided by the net income. In our case, the payback period is 9 years.
Villas prices in Seminyak
The cost of villas in Seminyak depends on their location, fittings, size, number of storeys, year of construction, project class, and other characteristics. For $1.6 million, you can purchase a beautiful 400 m² 4-bedroom villa with 4 bathrooms and 2 kitchens. This house, located just 200 m from the beach, is fully furnished and features a garden, a swimming pool, and a 2-car garage.
There is a similar option at a more attractive cost: $986,000 will get you a 408 m² 5-bedroom mansion with 5 bathrooms, furniture, appliances, a swimming pool, a Jacuzzi, a gazebo, a fish pond, video surveillance, and a 2-car garage.
For $427,000, you can buy a house in Seminyak 200 metres from the beach. A 300 m² 2-bedroom villa has 2 bathrooms, and the plot area is 210 m². The property has a private swimming pool and is offered fully furnished.
The priciest real estate is in the following neighbourhoods:
- This is one of the most prestigious neighbourhoods known for its luxurious spacious homes.
- It is home to a number of high-end properties.
- Batu Belig. This increasingly popular neighbourhood features homes with great ocean views.
- Seminyak Beach. The close proximity to the beach makes this location very investment-attractive. Here you can find expensive waterfront properties.
Buying house in Seminyak
The most convenient way to explore available options in Bali is to browse offers on a real estate aggregator. Our website contains offers from trusted developers, real estate agencies, and individuals. All information is conveniently displayed and user-friendly. To save time and effort, a potential buyer can filter properties by price, type, area, and other parameters to quickly find suitable options. Start your search for your ideal home or apartment in Indonesia now!