Bali - 'Cast Iron' exit strategy in 4 years time

With investors into overseas properties proving to be more cautious than at any other time and the term ‘buyers market’ becoming ever more prevalent, Owner Invest are delighted to be marketing The Bali Kuta Hotel and Residence in Bali, which comes with a ‘cast iron’ guarantee that the developer will offer an optional buy back clause in four years time.

Mark Bingham Managing Director of Owner Invest said, “This guaranteed exit strategy is refreshing and at a time when investors hold all the cards, it could be pivotal in encouraging more developers to put up similar ‘get out of jail free’ cards! In the case of The Bali Kuta Hotel and Residence, the developer has such confidence in the product and the projected financial gains that they are able to offer such a benefit to potential investors. This auspicious 4 star development combines luxury accommodation, an investors dream location (15 minutes to the airport, only a few minutes walk to the beach) and the fact that tourist figures to Bali are riding on the crest of a wave.

The Central Statistics Agency in Indonesia has recently released figures outlining an increase of 15.7% in the number of foreign arrivals to Indonesia in the first quarter of 2008. Further figures released, show that Bali remained the regions most popular destination for foreign tourists with 446,886 visitors arriving at Ngurah Rai Airport, representing a 28.7% increase on the same period last year.”

The Bali Kuta Hotel and Residence will be managed by Aston International, one of Asia’s best known and most successful hotel management companies with over 60 years experience in managing some of the most profitable hotels in Asia.

A 50% LTV mortgage is available via the developer which must be repaid quarterly over 8 years (total of 32 instalments). The loan carries a variable interest rate based on the United States Prime Lending Rate (currently 5%) +3%. Alternatively, investors may opt for an interest free staged payment plan provided by the developer. Investors put down a 30% deposit with the remainder of the price paid back over two years free of interest.

Prices at Bali Kuta Hotel and Residence start from just £25,000 for a 30 year lease.

For more information visit ownerinvest.com