i n v e s t m e n t   F A Q s. . . . .

What do I need to do if I have decided to buy?
Simply fill in our on-line form and we will forward documentation to guide you through the payment process.

Purchase Price
 USD
    95,000

Non-refundable reservation deposit
 USD
            2,500

Deposit on signing of contracts/letter of intent

 USD
      22,500
Balance due on project commencement
 USD
 70,000
30%
 Of balance on signing: Management/Development/Shareholders/Sales Agreements
 USD
      21,000
30%
 Of balance on completion of foundations
 USD
       21,000
30%
 of balance on  completion of  building works
 USD
  21,000
10%
 of balance on completion of furnishing & fit-out.
 USD
    7,000

What happens if I decide not to proceed at any time before the closing date..... or if my payments are late?

Penalties will be determined according to the following  terms:
  • Initial Payment must be received  within 7 days of signing the Letter of Intent or the  Project Owners company has the right to offer the villa to another  person.
  • Agreements must be signed within 14 days of provision, or the villa may be offered to another person and your deposit refunded without interest and less any bank charges, wire transfer fees and applicable taxes.
  • Once agreements are signed a 3% per month interest charge will apply  until the amount due is paid in full.
  • Once the agreements are signed, a cancellation fee equal to 50% of Purchase Price or relevant part applies prior to construction.
  • Once the agreements are signed, a cancellation fee equal to 50% of Purchase Price or relevant part applies prior  after construction has begun.
What about insurance?
The management company will take out an all risks insurance policy in line with normal hotel standards. This policy will cover the whole property but owners are welcome to take out policies at their own expense that only  covers their personal property.

What taxes must be paid on my villa purchase?
The developer is paying all taxes to  the land and a 10% tax on the  construction has been included in the purchase price.
 
What taxes must be paid if I want to sell my villa later?
Villas sales occur off shore using a simple tax efficient share transaction and therefore no taxes are payable in Indonesia.

What are the advantages of buying a managed villa?
  • Construction cost and purchase price are reduced due to economies of scale.
  • Quality of construction can be optimized by using a professional contractor.
  • Only managed villas are permitted in the vicinity of licensed surf locations.
  • Security is enhanced.
  • Health initiatives for surrounding areas will be fully funded and implemented.
  • Shared facilities offer you many more options.
  • Pooled costs and revenues.
  • Enhanced market presence and rental potential.
  • Transport costs are reduced.
What is the assessed value of the land component?
Approximately USD$500,000 for company owned lease hold land for the period of the initial 30 years at each location.

General  Legal Structure  Investment Management 

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