Project area
The staff will fulfill any resident or guest request 24/7 and make the stay pleasant and comfortable.
Covered parking for 5 cars and 30 bikes
Townhouse 150m²
Townhouse 100m²
Apartment 55 m²
Video presentation
Turnkey management
This concept combines two key guest requests:
— The desire to live privately in their own townhouse or apartment,
— While enjoying hotel-level service at the same time.
All Terracotta residents receive premium hotel management services and the same level of attention, as all units are operated by a single professional management company.
What does buying a townhouse or apartment in Terracotta include?
Stages of the Transaction
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Reservation
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Receiving documents for review and verification
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Signing the contract and paying the first installment under the installment plan
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Making payments according to the agreed schedule
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The property is completed — make the final payment and register it with a notary
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Start generating rental income through the management company
Taxes and Fees
Tax support:
provided
Taxes:
included in the property cost
Income tax:
+1% for contract notarization
Upon resale:
the owner pays a 10% income tax
Guarantees
01
All land rights have been fully paid for with the developer’s own funds.
02
The project is implemented using the company’s own financing.
03
The company has been verified by major law firms.
04
We allow any third-party verification of all documents, if required.
05
All contracts are legally binding under Indonesian law.
06
The investor is protected by an installment plan and can track each construction stage, making payments according to the agreed schedule.
07
Construction warranty — 5 years.
08
Guaranteed income — 10% per annum during the first year from rentals.
09
All properties are insured by the Swiss insurance company Zurich against material damage and natural disasters.
How is ownership of land and real estate formalized?
A land lease agreement for 25 years is concluded between ADVA Development and the landowner (Indonesian national), and is notarized in Bali.
According to the land sublease agreement, you are the owner of any property built on the land you sublease.
What happens after the lease expires in 25 years?
The contract states that after 25 years you can renew the land lease at the average market price.
The average market price is calculated according to the following formula:
the sum of rental prices for neighboring land plots divided by the number of land plots.
Construction and engineering
We have studied and implemented technological innovations in every aspect of our projects to build smarter, more efficient, and environmentally friendly structures.
Building with steel beams reduces concrete consumption by 80%, resulting in an average of 100 fewer construction truck trips compared to traditional projects of similar size.
| Bali | |
| Egypt | |
| Bahamas | |
| Montenegro | |
| Turkey | |
| Thailand | |
| UAE | |
| Great Britain |
ROI of foreign investments
Thanks to its favourable climate, economic incentives, and rapidly developing infrastructure, real estate in Bali offers high profitability.
While the investment market is not yet oversaturated, it’s important to make the right choice when investing in Bali.
Construction progress
FAQ
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01. What % does the management company charge?
The percentage that a management company in Bali takes can depend on various factors: the type of property, the services provided by the management company, etc. Typically, the management company charges a commission ranging from 15% to 30% of the rental revenue, but exact figures may vary depending on specific contract terms and market conditions.
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02. What taxes do I have to pay in Bali?
A foreign buyer of real estate in Bali will have two standard expenses: payment of VAT at a rate of 11% of the total value, as well as payment of 1% to the notary for registration and transaction processing.
If the owner rents out the property, they must pay a 10% tax on rental income.
If you purchase the property from ADVA, we will take care of the 11% VAT.
According to Indonesian tax law, foreign owners, as non-residents, are required to pay a 20% tax on rental income from the property. To rent out a property in Bali, a private foreign individual must transfer management to a company that acts as a tax agent. There may be ways to optimize taxes through offshore models, but this is considered on a case-by-case basis. -
03. What is the % of profitability? What will I profit from?
You will profit from entering the growing real estate market in Bali while prices are still relatively low and various offers are available.
If your goal is to buy and resell, you can take advantage of promising projects under construction. An investment with low initial costs can yield returns of 20% to 40% within 6–12 months.
If your goal is to rent out to generate income, the options are favorable both at the construction stage and for ready-made projects.
Rental yields average 12% to 16% per annum. -
04. Do you renew the land lease after the original agreement expires?
When drafting a contract, the question of renewal often arises — what happens at the end of the contract. Usually this clause is at the discretion of the parties, but it is quite common for contracts to include the phrase “priority renewal of the contract at market price.”
If the agreement is properly drafted and includes your priority right to renew, the landowner will have no other option but to extend the lease to you. -
05. How long is a land lease agreement valid for?
Long-term leases are the most popular form of property transfer for foreigners in Indonesia. The market typically offers lease terms of 25–30 years with an option to renew.
Other projects
ADVA Village Canggu
Terracotta Ubud
Serenity Villas, Canggu
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