
ULUWATU
Rp 5.83 bn/ 30 years
AZORIA Imperio
Uluwatu · 3-bedroom apartment
- 3 bedrooms
- 120 m²
- leasehold 30
See details
ULUWATU · ID RR-2021
The Meridian 2BR is the entry layout of Alpha Partner Bali's Phase 14 in Uluwatu, priced at Rp 3.36 bn. You get 106 m² (≈ 1,140 sq ft) and a private pool on a 160 m² plot, held on a 25 + 25-year leasehold (Hak Sewa). Sales are at pre-sale, and payments are spread over seven installments.
Unit in APB Phase 14 · units listed: 2

Property
Alpha Partner Bali builds series villas in Canggu and Uluwatu from four templates, Meridian, Kahoni, Melambai and Maximus, each with 2, 3 or 4 bedrooms. Phase 14 is the Pecatu release, and the Meridian 2BR is its entry format. Padang Padang Beach and Uluwatu Temple sit about ten minutes from the site.
Inside you get 106 m² (≈ 1,140 sq ft): two bedrooms with their own bathrooms and a living room with an island kitchen that opens to the pool. The price covers a turnkey fit-out. The developer calibrated its yield table on the Canggu market, so for Pecatu we run our numbers on the Uluwatu benchmark instead.
We model this villa at Rp 2.2 million a night. That's well below the area median of about Rp 4.3 million on AirROI: big villas pull that median up, and Meridian has two bedrooms. Area occupancy runs near 46%, and professionally managed villas do better, so our cases sit at 60, 70 and 80%. Costs take 40%, and the base case then leaves about Rp 339 million a year, or 10.1% of the price.
The numbers for this property
The developer quotes 14.7% at Rp 2.9 million a night and 84% occupancy, using Canggu data, and that figure comes before costs. Below is our model: the Uluwatu benchmark for Pecatu at Rp 2.2 million a night, with costs deducted.
| Occupancy | Gross income | Expenses 40% | Net | % of price | Payback period |
|---|---|---|---|---|---|
| 60%cautious | Rp 485 million | Rp 194 million | Rp 291 million | 8.7% | 11.5 years |
| 70%base | Rp 565 million | Rp 226 million | Rp 339 million | 10.1% | 9.9 years |
| 80%strong | Rp 646 million | Rp 258 million | Rp 388 million | 11.5% | 8.7 years |
Where the numbers come from
This is a Rise Real Bali estimate, not an income guarantee. We rerun the rate and occupancy for your specific unit and manager; property details come from the developer's materials. Our method and what we don't guarantee are explained under legal information.
Ownership
Your lease (Hak Sewa) runs 25 years, with an extension for another 25 at the market price of the day. A notary registers it in your name or your company's once you've signed the letter of intent and the notarial deal. We want the PBG before any deposit. The SLF comes with handover, and the rental license after it.
| Form of ownership | Leasehold (Hak Sewa)Foreigners can't hold freehold (Hak Milik) in their own name. The legal routes are leasehold, a right-to-use title (Hak Pakai) for residents with a stay permit, and a foreign-owned company (PT PMA) holding a right to build (HGB). |
|---|---|
| Lease term | 25 + 25 years (Hak Sewa)The extension costs whatever the market says on the renewal date, which can raise the bill. We lock the formula into the contract before you pay. |
| Zoning | To confirm, Pecatu usually pinkThe Badung RDTR and an OSS lookup for this Phase 14 plot settle the zone. |
| Building approval (PBG) | Pre-sale, copy requestedWe get the approval number and an extract from the developer during our checks, ahead of the deposit. |
| Certificate of occupancy (SLF) | At handoverNo SLF means no rental license. That's why the handover payment follows the documents and not the calendar. |
| Short-term rental license (NIB) | After handoverAirbnb, Booking.com and other platforms are removing villas that don't hold a valid rental license (NIB). Until this property gets its license, we model long-term rental only. |
| Indonesian nominee | Not usedPutting the property in a local person's name is a criminal risk under Perda 4/2026, and you can lose the asset in a dispute. We don't handle these deals. |
| Developer escrow | None, the market works without itYour protection is the structure: payments tied to verified construction stages and a late-delivery penalty in the contract. |
| Furniture and handover | Turnkey, timing follows constructionThe developer's offer gives no handover date, so every payment waits for a finished stage. |


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Terms
Seven payments in total, following the developer's 10/35/10/10/10/10/15 split. None goes out before we verify the stage.
Location
Pecatu is the surf core of Uluwatu, with Padang Padang and Bingin close and the island's top nightly rates. Bookings swing hard between peak and shoulder months.

Pecatu's market median sits at Rp 4.0 million per night, with 42% occupancy. A two-bedroom series villa won't earn that, and we use Rp 2.2 million for it.
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What's nearby
Within 1 km of the property
Closest places
Places and distances: OpenStreetMap data, © OpenStreetMap contributors. Distances are straight-line from the property.
Straight answers
Nothing. Your price is the developer's list price, with our fee covered by the developer. The checks before your deposit are free and come to you as a written report. On this villa we confirm the 25 + 25-year Hak Sewa and the price formula for the extension. The Pecatu zone gets a check in the Badung RDTR and OSS. We also request the PBG number.
Rp 3.36 bn on the developer's price sheet, and the developer covers our commission. For that you get a two-bedroom villa of 106 m² on a 160 m² plot with a private pool, held on a 25 + 25-year leasehold. The fit-out comes turnkey. Before the deposit we ask the developer for the exact finish and appliance specification.
In seven installments. The letter of intent takes 10%, or Rp 336 million, and the notary signing takes 35%, or Rp 1.17 bn. Then come four payments of 10%, one per construction stage, and a final 15% at handover with a signed acceptance. We verify each stage on site before the money moves.
Our base case uses Rp 2.2 million a night at 70% occupancy. After the management company, tax and vacancy, you keep about 10.1% of the price each year. We take the rate from AirROI data on Pecatu and adjust for villa type. Occupancy reflects professionally managed villas, and costs take 40% of revenue. It's an estimate, not a guarantee.
Yes. You get a Zoom viewing and video from the site. A notary signs the contract under your power of attorney, which means no flight just for the signing. We run the snag list at handover ourselves. The developer hasn't set dates for the stages, so before every installment someone from our team inspects that stage on site.
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