Magnum Residence Bali, 2 Bed Beachfront Apartments For Sale
2 Bedrooms: 204 sqm
Magnum Residence is a luxurious real estate beachfront development in Bali, Sanur Beach, offering for sale 165 apartments including a 5 * hotel service.
The development is located on a true beachfront plot and offers a beach club, restaurant, lounge bar, spa, coworking space, fitness center, yoga studio and kids club.
All apartments on floors 2, 3 and 4 HAVE SEA VIEWS.
The only luxury beachfront development in Bali of this magnitude that offers magnificent views, immediate beach access and lagoon-like bathing conditions, along the 5.5 km long promenade in Sanur.
In addition to true beachfront property, The Magnum Residence will also offer its residents the most luxurious design. Interior specialist designers have imported the most decadent materials including marble, floor to ceiling glass and quality tiles. The 165 apartment development also offers a lease term of 52 years with the option to renew for another 30 years, where most Balinese leaseholds are a maximum of 25 years with no option to extend.
In addition, The Magnum Residence Sanur will offer real estate value growth of 150 – 200% over the first three years due to the following factors:
- The cost of square meterage will increase by circa 20-25 percent as each construction phase is completed
- Tourism is increasing by circa 20 percent per annum on average in Bali post Covid
- Property investment in South East Asia continues to increase, on average 30% per annum
- Global scale infrastructure to the area also adds significant value to the developments value
The Magnum Residence has also secured a hotel license for its property. This will provide investors with an option to rent their apartments year round to create passive income. In addition the Magnum Group offers an in-house service to manage the rental property on behalf of the investor (offering day, week and monthly rates). Investors will also be invited to self manage their rental property or to live in the residence themselves (without any personal limitation on time spent). On average investors can expect a (net) ROI of 17% percent within the first 3 years.
The Sanur Complex offers 165 apartments total:
- 113 one bedroom apartments
- 47 two bedroom apartments
- 5 three bedroom apartments
Sanur is a much sought after area on the island of Bali with its beautiful long beaches, calm ocean and relaxing atmosphere.
Sanur offers hundreds of cafes and restaurants along the coastline and a seaside promenade with a cycle path.
It is also the ideal place to visit the popular islands for scuba diving, Nusa Penida, Nusa Lembongan and Nusa Ceningan.
A GREAT PLACE TO INVEST IN REAL ESTATE!
The Sanur area is part of a special economic zone and offers a marina for cruise liners and yachts, an international hospital, an international university, a modern shopping and entertainment complex and many other government programs designed to make the region the epicenter of tourism in Bali. This will increase the tourist flow to Bali by 50% in the years to come.
From $340,000 / 5,440,000,000 IDR for 1 bedroom apartment.
Sanur Beach Bali: The Perfect Place to Invest in Real Estate Sanur beach in Bali is undergoing a major transformation,
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