UBUD · ID RR-1364

Sebelas Apartments: a completed building of 11 apartments with a shared pool, central Ubud

EVDEkimi sells Sebelas Apartments only as one lot: 11 finished apartments in central Ubud for Rp 44.25 bn. Two buildings face each other across a courtyard with a pool, a café and a lounge, 460 meters from the palace in a straight line. A 25-year lease covers the land and the buildings.

Leasehold 25 years
Completed
Shared pool and café
Whole building

11apartments in the complex
530 m²total living area
488 m²plot
Leasehold25 years
460 mto Ubud Palace in a straight line

Property

What you get

Sebelas Apartments stands in the middle of Ubud, 460 meters from the palace as the crow flies. Monkey Forest is about 1.2 km away, PARQ Ubud about 2.4 km. Warungs, cafés, spas and guesthouses line the lanes around it, so guests handle most errands on foot. On a 488 m² plot, two three-story buildings face each other across a courtyard.

The courtyard holds a shared pool, a beanbag lounge and a café with a bar counter. Across 11 apartments you get 530 m² (≈ 5,700 sq ft) of living space. Plans for the second and third floors show four units of 37.9–39 m², one of 41.8 m², a 60.7 m² two-bedroom and a 116 m² three-bedroom. Each apartment has an equipped kitchen, a washing machine and a bathroom with a stone basin.

The land and property agreement runs 25 years, which makes it a leasehold. EVDEkimi prices the whole complex at Rp 44.25 bn and asks for a 30% deposit to start. The materials give no per-apartment prices and no ground-floor plans. We're confirming availability with the developer, along with the company behind the sale, the zoning, both building certificates and whether a rental license exists.

Developer: EVDKE, all projects and terms

Developer price list

Sebelas Apartments: unit types and prices

Prices come from the developer's price list. Net income for each unit is on its own page, marked "with numbers".

Type	Size	Bedrooms	Price	The numbers
Apartments 3–6 · 1 bedroom	37.9–39 m²	1	part of the whole-complex sale	on request
Apartment 10 · 1 bedroom	41.8 m²	1	part of the whole-complex sale	on request
Apartment 9 · 2 bedrooms	60.7 m²	2	part of the whole-complex sale	on request
Apartment 11 · 3 bedrooms	116 m²	3	part of the whole-complex sale	on request
Apartments 1, 2, 7, 8 · ground floor	to confirm	to confirm	part of the whole-complex sale	on request

Sizes follow the second- and third-floor plans in the developer's presentation. The complex sells as a single lot for Rp 44.25 bn, with no prices per apartment. We've asked the developer for the ground-floor plans.

Ownership

Ownership & what you actually get

EVDEkimi sells 25 years of rights to the land and both buildings, which makes this a leasehold. The presentation says nothing about renewal, so we ask for those terms in writing. The buildings stand finished, and we request the SLF, the PBG and any rental license before the deposit rather than after.

Ownership and permits: Sebelas Apartments
Form of ownership	LeaseholdForeigners 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 years, land and buildingsThe developer's figure. No renewal terms appear in the presentation, so we count the years left from the deal date and write any extension into the contract.
Zoning	To confirm against the RDTRWe pull an RDTR extract for the plot before the deposit instead of relying on the seller's word.
Building approval (PBG)	To confirmWe ask for the number and an OSS extract ahead of any payment.
Developer	EVDEkimi, company to confirmEVDEkimi is also ready to manage the complex. We check the legal entity, its finished projects and the insurance the presentation mentions.
Certificate of occupancy (SLF)	Built, certificate to confirmA rental license needs the SLF. We request a copy before the deposit.
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 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 itWith a finished building, you pay against the property and its documents, on terms the contract sets out.
Furniture and handover	Furnished, per developer photosAn inventory of furniture and appliances for each apartment goes into the contract as an appendix.

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

Sebelas Apartments payment schedule

30%A deposit of 30% of the complex price opens the deal.
2 weeksThe parties prepare and sign the agreement within this window.
70%You settle the remaining balance.
ManagementA management contract for the complex is optional, at your choice.

EVDEkimi's presentation sets out this sequence: deposit, agreement, balance, then management. We fix the deadline for the 70% in the contract once our checks are complete.

Location

Location: Central Ubud

The palace, the market, cafés and spas are all walkable from here, so a guest never needs a scooter. The price of that is heavy traffic and tourist noise on the main streets.

Sebelas Apartments: drone shot of the pool between the two buildings, developer photo — Ubud · Gianyar · center, developer's map pin

Freak Coffee52 m
Ubud Palace (Puri Saren Agung)≈ 460 m in a straight line
Monkey Forest≈ 1.2 km in a straight line
PARQ Ubud≈ 2.4 km in a straight line
Ngurah Rai Airport≈ 75 min by car

Distances run in a straight line from the pin in the developer's presentation, with points from OpenStreetMap. Guests book central Ubud to walk everywhere, and they put up with congestion and street noise to do it.

Central Ubud · Google map

Area guide and all properties

What's nearby

The neighborhood

Within 1 km of the property

295restaurants
290hotels
104cafés
73spas
35sights
30bars
11shops

Closest places

Buana Ubud Innhotel · 40 m
Freak Coffeecafé · 52 m
Avococo smoothie barrestaurant · 58 m
Bali Santispa · 71 m
Clear Cafécafé · 77 m
Sugriwa's Warungrestaurant · 80 m
Kayunan Warungrestaurant · 91 m
Sanak Masakan Padangcafé · 92 m

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

Straight answers

Questions about Sebelas Apartments

What does Rise Real Bali charge when I buy Sebelas Apartments?

Nothing on the buyer's side. The price comes from the developer's materials, and the developer pays our commission. We check the land, the agreement and the permits before money changes hands, and we pay for that work. Our written findings flag each unresolved point, and only then do you decide whether to book.

Can I buy Sebelas Apartments remotely?

Yes. We tour the building and the apartments with you on Zoom, and the notary deed goes through with your power of attorney. Before a single payment, the deposit amount and its conditions sit on paper. At handover our team checks every apartment and sends you a photo report for each one. There's no need to fly in.

How much does Sebelas Apartments cost?

EVDEkimi sells the complex as one lot: 11 apartments, 530 m² of living space and a 488 m² plot. The presentation price is Rp 44.25 bn, with a 30% deposit and the other 70% after the agreement. There are no prices for individual apartments. We request the current price and availability in writing before you reserve.

What kind of ownership do I get?

It's a leasehold, resting on the 25-year agreement the developer describes for land and property. Foreigners can't hold Hak Milik. Since the presentation doesn't describe renewal, we count the remaining term from the day of the deal. We check the landowner and the land lease, and we lock the renewal price into the contract before the deposit.

Can the apartments be rented out nightly?

The building is finished, the units come furnished, and the developer can take on management. Nightly letting, though, needs a valid rental license (NIB) today, and a building with 11 apartments can't operate without one. We check the SLF and the license before the deposit. If either is missing, we model long-term rental only.

Where do the yield numbers come from?

We haven't published a model for Sebelas yet, because the complex price and availability still need confirming. The developer quotes 78% occupancy, which we leave out. Our model will use the AirROI rate for Ubud adjusted for apartments, occupancy typical of managed apartments and a 40% cost load. It'll be an estimate, never a guarantee.

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