Veritas Ventures Recommendation
We recommend this project to investors deliberately buying outside the island's south: Karangasem is on the east coast with a different, quieter tourist flow and no rental comparables in this catalogue. In its favour are the position 150 metres from Virgin Beach and a 28-year lease, with entry at $243,100 and completion in 2027. The permit status is not stated, and the estimated yield of 8–10% is a category average that should be verified locally.
Project Overview
Karanggasem · 1 bedroom · 48 – 105 m² · 84 units
District: Karanggasem
Type: Apartments
Layouts: 1 bedroom
Area: 48 – 105 m²
Ownership: Leasehold
Leasehold term: 28 years
Developer: Big Waves Development
Units in complex: 84
Leasehold · developer Big Waves Development
Unit types:
1 bedroom — 48 m² · 28 years — $243,100
1 bedroom — 52 m² · 28 years — $260,950
1 bedroom — 52 m² · 28 years — $262,850
1 bedroom — 78 m² · 28 years — $390,000
1 bedroom — 105 m² · 28 years — $527,300