Are you thinking of purchasing real estate abroad? Consider Bali! The opportunity to buy properties on the island of Bali, Indonesia, is your chance to profit from owning real estate in a place famous for its stunning natural landscapes, pristine azure beaches, and a rich cultural tapestry. These are just a few of the numerous advantages associated with acquiring local properties. Through the lens of commercial advantages at the same time, not only will you potentially enjoy capital growth but also benefit from the opportunities to scale your business and establish a reliable passive income stream if you invest in apartments in the contemporary Magnum Residence Berawa complex. Living in the Magnum Residence Berawa complex in the heart of Bali that is globally recognized as a one-of-a-kind tourist hub, you will simply embrace your life and let the good times roll!
The island of Bali: meet Indonesia’s crown jewel
Indonesia is a fast-growing economy, ranking seventh in the world and expected to reach fourth by 2030. With its stable political conditions, neutral stance on global issues, and low inflation rate, Indonesia is also among the top ten countries for investor protection. Hardly anyone will argue that Bali, an island in Indonesia, is among the top tourist destinations globally. It was the most instagrammable location and the second most visited place in the world in 2023, attracting over 3.5 million tourists.
Bali is also a great place to invest, ranking fourth globally in this regard. The local government is working hard to keep Bali’s status as a tourist haven. Towards this end, they renovated the port in Sanur in 2022 and will open a new hospital with American investors by the end of 2023. A high-speed road between Bali and Jakarta is expected to be built in 2024, and a Paramount theme park in 2025. The renovation of the Gilimanuk port will boost the annual passenger number to 14 million.
Investing in elegance: Magnum Residence Berawa Apartments
The Magnum Residence Berawa apartment complex is a modern four-story building that sits 500 meters from the beautiful Berawa Beach in Canggu. The complex is famous for its world’s longest rooftop pool, spanning 190 meters. Admittedly, this unique project stands out from other residential complexes in Bali with its originality and luxury.
The building itself consists of about 150 apartments, boasting one or two bedrooms each. The smallest apartment size is 81 square meters.
Take a look at the facility’s highlights:
- state-of-the-art fitness center
- invigorating spa salon
- diverse selection of bars and restaurants
- rooftop lounge area with panoramic views
- refreshing rooftop pool
- dedicated working zones
- sports court for recreational activities.
Magnum Residence Berawa is a premium apartment complex that sits in close proximity to shops, malls, beach clubs, and other tourist attractions. It covers 9,000 square meters of land and boasts a stunning design with meticulous attention to detail created by top industry experts. For construction and finishing, the Magnum Residence Berawa complex uses only high-quality materials from leading brands.
The complex’s highlight is the world’s largest rooftop pool, which is 190 meters long (compared to the one of 146 meters at the Marina Bay Sands Hotel). This unique pool is the symbol of Magnum Residence Berawa. Residents and guests are welcome to enjoy the pool, the cocktails, and the views, all in one place.
Types of apartments for sale in the Magnum Residence Berawa apartment complex
For potential real estate investors in Bali, two enticing options in the upscale Magnum Residence Berawa apartment complex are available. The first is a one-bedroom, one-bathroom unit spanning 81 square meters that is priced at USD 350,000. The second option is an apartment that boasts two bedrooms and two bathrooms, with an area of 162 square meters that you can purchase for USD 590,000.
Adorned with designer finishes, these apartments are thoughtfully equipped with all the essentials for modern living. Their expansive terraces offer captivating views of the surrounding area.
Consider the advantages of investing in Magnum Residence:
- Strategic Tourist Location: Situated a mere 500 meters from the property are some of the finest beaches and clubs in Indonesia.
- High Income Potential: The property offers the opportunity for significant rental income or a profitable resale in the future.
- Projected High Occupancy: The complex is anticipated to achieve an occupancy rate of up to 90%.
- Comprehensive Infrastructure: The availability of all essential amenities ensures a well-equipped and relaxing living environment.
Rooftop that the Magnum Residence Berawa apartment complex boasts is a current architectural trend that turns a normal roof of the building into a multipurpose space. This feature gives more value to the owner of this premium-class property and the apartments inside of it.
Allure of Bali’s real estate: what makes it so appealing for investors
In recent years, Bali has turned into a prime destination for lucrative real estate investments. In the light of the country’s swift economic development and its flourishing tourism sector, experts anticipate further market expansion. Currently, the island is witnessing a notable surge in premium-class real estate. Expert projections indicate that over the next five years, the real estate market on the island will grow from USD 61.22 billion to USD 81.24 billion, suggesting an average annual growth rate of 5.82%. While the global average real estate yield stands at 5%, properties in Bali, on average, yield around 15%, excluding the appreciation of property value.
Marvel at the advantages you will enjoy after you purchase the above premium real estate in Bali:
- Rental prices on the island show an annual growth of 15% to 20%.
- Average annual occupancy rates range from 65% to 80%.
- Still in the construction phase, property values increase by 30% to 40% per year.
Acquiring apartments in the Magnum Residence Berawa complex not only means a haven for your own comfortable retreat in one of the world’s top tourist destinations but also a tempting investment opportunity. With the country having been closed to tourists for a substantial three-year period, the current surge in traveler numbers is notably high. This means a great demand for rental properties on the island is anticipated in the near future.
Acquiring properties in Bali: here’s how
To become the proud owner of apartments in one of Bali’s premier tourist destinations, don’t hesitate to reach out to International Wealth experts. For that purpose, please use the communication channels provided on our website. International Wealth consultants are here to offer their comprehensive support at every stage of the property transaction you are about to make.