CANGGU · ID RR-5323

Five Oceans: 47 m² apartment in a finished compound, Tibubeneng, Canggu

Ready since the end of 2024, the 47 m² apartment is the cheapest way into Five Oceans, a 61-unit compound on Jl. Karang Suwung. It costs Rp 2.60 bn, and OXO runs the rentals. You'd hold it on leasehold, with the number of years still pending from the developer.

Unit in Five Oceans · units listed: 3

  • Leasehold, term to confirm
  • Completed
  • OXO management
  • Studiounit format
  • 47 m²unit size
  • Leaseholdterm to confirm
  • Readybuilt and handed over
  • 1.7 kmto Nelayan Beach

Property

What you get

Of all the layouts at Five Oceans, the 47 m² (≈ 505 sq ft) apartment asks the least money. The compound stands on Jl. Karang Suwung in Tibubeneng, in the quieter inner part of Canggu. Warungs and cafés start 200 meters from the gate, and Nelayan Beach is about 1.7 km away.

Only 17 apartments exist here; the other 44 units are villas with one, two or three bedrooms. Owners and guests share a reception, a restaurant and the admin building. The developer delivered the compound at the end of 2024, and OXO operates the rentals, so you're buying into a working setup. We compare the furniture and appliance list with the contract appendix.

Tourism zoning covers the land, and the project has its PBG. Leasehold is the form, but our materials don't show the number of years, which makes it our first question to the developer. The apartment sells for Rp 2.60 bn. Before a deposit we also request the occupancy certificate (SLF) and a rental license for the finished building.

Ownership

Ownership & what you actually get

The apartment comes on a leasehold. How many years it runs, and whether it extends, is what we're waiting to hear from the developer in writing. Because the building is complete, there's no construction schedule to follow: you reserve, we verify, and you sign the lease with a notary and pay on the spot. The SLF and rental license requests go out together.

Ownership and permits: Five Oceans · 47 m² apartment
Form of ownershipLeaseholdForeigners 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 termTo confirmTerm length and extension rules have to arrive from the developer before a deposit. Your contract then states the years left from the signing date.
ZoningTourism zone, per the developerThe listing and the developer both report tourism zoning. We confirm with an official RDTR extract.
Building approval (PBG)IssuedThe project holds a PBG, and we'll have its number and extract in hand before your deposit.
DeveloperStetsyuk Development Group, company to confirmWe look at the registered company, what it has built before and the file for Five Oceans.
Certificate of occupancy (SLF)Requested for the finished compoundWithout the SLF the regency won't license rentals. The building's done, so we ask for it first.
Short-term rental license (NIB)To confirmAirbnb, 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 nomineeNot 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 escrowNone, the market works without itThe building is finished. You're covered by a complete document set and by paying at the notary, not earlier.
Furniture and handoverCompleted, fit-out to confirmWe attach the furniture and appliance specification to the contract and sign a condition report with you.
Before you pay a deposit, we check the land, the permits and who is selling, then hand you a written report that lists anything still open.
Gusti AyuBroker · Rise Real Bali
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Terms

Five Oceans · 47 m² apartment payment schedule

  1. ReservationDeposit on the developer's form; we're getting the figure.
  2. ChecksWe go through the land file, the building approval and the lease before you commit.
  3. CompletionYou and the developer sign the lease at a notary, and the payment happens then.

The developer keeps standard booking and lease agreements, which we request for your purchase. Its materials don't publish a payment plan, so the contract sets it after our review.

Location

Location: Tibubeneng · Canggu

Inner Canggu suits people who want to live here, not party here: warungs and spas on foot, lighter traffic than the Batu Bolong strip. Reaching the ocean takes a ride, and there's no beach view.

Five Oceans: the lane of villas with numbered doors
Canggu · Badung · Jl. Karang Suwung
  • Cafés and warungs3 min on foot
  • Nelayan Beach≈ 5 min
  • Batu Bolong Beach≈ 7 min
  • Berawa clubs and restaurants≈ 8 min
  • Ngurah Rai Airport≈ 45 min

You get quiet streets with Canggu's restaurants a few minutes off. The price of that calm is the drive to the sand.

Tibubeneng · Canggu · Google map

Area guide and all properties

What's nearby

The neighborhood

Within 1 km of the property

  • 91hotels
  • 61restaurants
  • 37cafés
  • 16spas
  • 11shops
  • 8sights
  • 6gyms

Closest places

  • Indigo Japanese Restaurantrestaurant · 194 m
  • Warung Najuntarestaurant · 220 m
  • Kong Contemporary Bistrorestaurant · 227 m
  • Jaribali Guest Househotel · 228 m
  • Taman Rekreasi Bethesdasight · 229 m
  • Warung Gouthécafé · 239 m
  • On' Waroengrestaurant · 257 m
  • Eyelash Bali Canggu • Studio Bspa · 282 m

Places and distances: OpenStreetMap data, © OpenStreetMap contributors. Distances are straight-line from the property.

Straight answers

Questions about Five Oceans · 47 m² apartment

Do I pay Rise Real Bali anything for a Five Oceans apartment?

No. You pay list price, and the developer pays us. Ahead of your deposit we pin down the lease length in writing, chase the occupancy certificate and rental license, and go over OXO's management contract line by line. We cover that review ourselves, and you get a written list of whatever is still unresolved.

Is it possible to buy this apartment remotely?

It is. We show you the unit on a Zoom call and record the rooms and fittings as we go. Signing runs through a notary with your power of attorney. Our team checks the furniture and appliances against the inventory on site, and you release the full payment only against the signed lease and the documents.

Can I rent the apartment out as soon as I buy it?

The developer handed the building over at the end of 2024, and OXO manages rentals for the compound. Nightly letting needs a rental license (NIB), which in turn needs the SLF. We ask for both before your deposit and read the OXO terms with you before you sign anything.

What's the lease term on a Five Oceans apartment?

It's leasehold, yet the developer's materials skip the number of years. That figure sets both your yearly cost of holding the unit and what a future buyer will pay. So we get the term and the extension conditions in writing before a reservation and record them in the contract. We don't advise a deposit without it.

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