Rare 20.5 Are Leasehold Land In Batu Bolong Canggu

Rp 5.700.000.000

Photo of Rare 20.5 Are Leasehold Land In Batu Bolong Canggu

20.5 ARE LEASEHOLD LAND IN BATU BOLONG, CANGGU. SPLITTABLE. Full plot 20.5 are: IDR 5,740,000,000. Lease paid through 4 October 2037, approx 11.2 years remaining. Effective rate: approx IDR 25,000,000 per are per year, below the current Canggu market average. THE LAND: Total 2,050 sqm (20.5 are), flat terraced, river along the back boundary. Two zoning areas, fully disclosed: C-1 Mixed Use, approx 10.25 are on the street side (villas, townhouses and commercial use permitted, 209 permitted activities); P-1 agricultural, approx 10.25 are by the river, no construction allowed – it works as a private garden and a permanent green buffer, the land behind you can never be built up. Final sizes to be confirmed by the official BPN survey, already scheduled. LEASE AND EXTENSION: Held under two notarized lease agreements of 10.25 are each, paid through 4 October 2037. Extension is agreed directly with the landowner, not with the current seller, available for 17 to 20 additional years. Landowner rates: C-1 mixed zone IDR 35,000,000 and P-1 green zone IDR 25,000,000 per are per year. Landowner payment terms: 50 percent at signing, 50 percent within 12 months. Three extension options for a 17 year extension: extend both zones (IDR 10.46B to the landowner, total cost of ownership IDR 16.20B for 28.2 years on the full 20.5 are); extend the buildable C-1 section only (IDR 6.10B to the landowner, the green section returns to the landowner in October 2037); or no extension (IDR 5.74B total for 11.2 years on 20.5 are). A 20 year extension is also available: IDR 12.30B for both zones or IDR 7.18B for the C-1 section only. Final figures subject to the BPN survey.

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