Babakan off plan lofts for sale

Babakan off plan lofts for sale

Off plan lofts for sale in Babakan. Located on a short distance from the beaches in Echobeach and Batubolong.
Modern 1 bedroom units with their own small plunge pool and pool deck. The new addition to Canggu lifestyle living; In a community, yet with your own privacy. Landed loft apartment villa with private pool, set on the tranquil coastal village of Canggu.

Your unit comes with:
• Bedroom, work area, and outdoor balcony on mezzanine level.
• Living area with floor to ceiling window.
• Build-in western standard kitchen with Modena induction stove, hood, sink, and faucet.
• Bathroom with Toto shower, toilet, sink, and fittings.
• 2x4 meter plunge pool with Hayward pump and filter.
• Sundeck with iron wood decking, build-in concrete daybed, and Sunbrella cushion and pillows.
• Ariston water heater.
• Daikin air-conditioning units, one each on ground and mezzanine level.
• Smart cctv cameras, one each in front and back of unit.
• Smart lock on front door.
• Well-water with pump.
• 100 liter water reservoir tank.
• 3500 watts electricity.
• Land area: 35 sqm.
• Build area: 49 sqm.
• Private motorbike-port.
• Communal car-parking area.
• 30 year leasehold title (until 30th June 2051)

Price: $115,000 USD^ 
Payment-by-progress* terms are as follow:
• 50% at signing in the notary - $57,500 USD.
• 30% at 3 months from signing -  $34,500 USD.
• 20% at handover (5th month) - $23,000 USD.

^Prices already include all applicable gov’t taxes and notarial fees.
*Payment-by-progress applies only for off-plan purchases; for completed  units hard-cash applies.
Units can be privately used by owners as residence, personally rented out through airbnb or such similar on-line services, or managed by a villa management that the owner chooses.

Owners will be part of Penny Lane Residence Owners Community. It will be a platform for owners to help each other, exchange information and ideas on rentals, villa managements, housekeeping, and any other issues and updates in the community.

The developer DOES NOT manage nor provide villa management for owners, thus giving owners the freedom to choose what are best for them in terms of services, rates, fees, and income for their property.

The developer only charge a small communal fee of $50 USD per month for garbage collection, gardener, street lights, smart security, village fee, yearly land and building taxes, sinking fee for public area maintenance, and each units private pool maintenance.

The communal fee will be collected one-yearly in advance. Owners only need to take care of their units and whatever it is inside, the upkeep of their units, their own pre-paid electricity according to usage, and any personal income taxes that arises from the rental of their units.

NOTE. Some of the renders are showing a square plunge pool with a terrace next to it. The final design will have a small swimming pool over the full length, including a glass wall with overflow.