
CEMAGI
from Rp 3.54 bn/ to 2052 + 25 years
The Grey House
Cemagi · Housing complex
- 3 bedrooms
- 145–158 m²
- leasehold to 2052 +25
See details
CEMAGI · ID RR-3295
This furnished two-story townhouse gives you 145 m² (≈ 1,560 sq ft) on a 106 m² plot and shares one wall with its twin. A private garden of about 30 m² takes the place of a pool. The developer's recap prices it at Rp 3.54 bn, on a lease that ends in 2052 and can run 25 years longer.
Unit in The Grey House

Property
Ten townhouses, numbered 1 to 10, make up most of The Grey House, and each pair shares a single party wall. This one has 145 m² of floor space over two levels on a 106 m² plot. A 5-meter lane runs past the door, and there's a parking spot for one car.
On the ground floor, a stone-topped kitchen flows into the living room and out to a garden of roughly 30 m² (≈ 325 sq ft). Floors are polished stone, and ceilings run high. Upstairs, two en-suite bedrooms open onto balconies over the rice fields, with a study between them that can serve as bedroom three. You won't find a pool. The price covers a Bosch kitchen, a 647-liter LG fridge, a 65-inch LG TV, Daikin air conditioners, ROCA and TOTO fittings and a fingerprint lock.
Its land lease expires on 16 September 2052, and you can add 25 years beyond that. Zoning is Residential. On the developer's current recap this townhouse costs Rp 3.54 bn. A villa card from the same pack quotes Rp 6.18 bn and 142 m² on 113 m² for it, and we've taken that gap to the developer.
Ownership
Your right to this townhouse is a land lease: thirty years counted from 16 September 2022, then 25 extra under a notarial addendum. The deposit sits in a notary account, you sign the lease before the notary, and the keys come with an itemized list. PBG and SLF copies are still outstanding, and the rental license can only follow them.
| 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 | To 16 Sep 2052 + 25 yearsThirty years from 16 September 2022 form the base. A notarial addendum carries the 25-year extension. Your remaining term starts counting at handover. |
| Zoning | Residential, per the developerSome nightly rental formats aren't allowed on residential land. An RDTR extract settles the question before your deposit. |
| Building approval (PBG) | To confirmAccording to the recap, the paperwork should land by late September 2026. No number or copy has reached us, and we want both ahead of the deposit. |
| Developer | PT The Grey StoryThe recap lists the company at Jl. Raya Kuta No 32, Kuta, Badung. We verify its registration and confirm it can sell this townhouse. |
| Certificate of occupancy (SLF) | To confirmA rental license depends on the SLF, so we need that copy in hand before money moves. |
| 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 itThe house already stands, so your funds move only against verified papers and a signed handover act. |
| Furniture and handover | Fully furnished, per the developerBosch, LG, Daikin, ROCA and TOTO equipment appear on the developer's villa card. The complete inventory goes into the contract as an appendix. |


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Terms
The developer hasn't issued an installment plan. Under the listing agreement, a notary may hold a deposit, and that's all, so installments get written into the contract after our document review.
Location
Buwit lies in Tabanan regency, a little past Cemagi, where paddies run up to the garden walls and land costs less than by the sea. The Kedungu shoreline is 5.2 km off, and Pererenan's cafes sit farther still.

A townhouse here trades the beach scene for room and quiet at a lower price. Every surf session or cafe run means a scooter, and short-stay demand trails the coastal villages.
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
Zero. The price is the developer's own, and PT The Grey Story covers our 5% commission under the listing agreement. Ahead of your deposit we examine the head lease, zoning, building approval and SLF at our expense, then send a written verdict that names anything unresolved.
Three on paper. Upstairs, two bedrooms each have their own bathroom and a balcony over the rice fields, and the developer drew the study between them as bedroom three. Downstairs sit the living room, kitchen and guest toilet. If you plan to rent, decide early whether to list the study as a bedroom, since that sets the listing category and the nightly rate.
Not yet. The zone is residential, there's no pool, and the ocean lies 5.2 km away, all of which weakens nightly demand against the coast. You'd also need the SLF and a rental license, and platforms delist homes without one. We chase both papers before the deposit and run a long-term lease scenario too.
Mostly a couple or a small family who wants three bedrooms, a garden and quiet lanes without paying for a pool. That shared wall and garden keep the price at Rp 3.54 bn, against Rp 4.76 bn for the detached Villa 11. Long-stay tenants who drive to Canggu for evenings are the natural rental market.
Yes. A broker tours the house room by room over video, from the garden to the balcony views. You grant a proxy, and the notary signs on your behalf. Before the last transfer, we test the appliances, count the furniture against the list and send photos of everything we checked.
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