CEMAGI · ID RR-3288

The Grey House: eleven completed homes in Buwit, Tabanan

Eleven finished houses stand among the rice fields of Buwit, a Tabanan village just past Cemagi. Ten are paired three-bedroom townhouses with private gardens. The eleventh is a detached villa with its own pool. The lease runs to September 2052, plus a 25-year extension, and prices range from Rp 3.54 bn to Rp 4.76 bn.

  • Leasehold to 2052 + 25 years
  • Completed
  • Turnkey
  • Rice-field views
  • 3bedrooms in each house
  • 145–158 m²built area
  • 106–252 m²plot
  • Leaseholdto 16.09.2052 + 25 years
  • 2025–2026years built

Property

What you get

The Grey House stands in Buwit, a village in the Kediri district of Tabanan regency, a short way past Cemagi. The complex holds eleven homes. Ten townhouses went up in pairs in 2025, and a detached pool villa followed in 2026. Rice fields surround the plot, a 5-meter lane leads in, and the ocean at Kedungu is roughly fifteen minutes away by scooter.

The developer calls the style tamed brutalism: grey tones, polished stone floors and tall ceilings. Downstairs, an open kitchen and living room lead out to a private garden. Upstairs you'll find two bedrooms with balconies over the fields plus a study you can turn into bedroom three. Every house comes furnished, with a Bosch kitchen, an LG fridge, Daikin air conditioning and ROCA and TOTO fittings. Townhouses skip the pool and get a garden of about 30 m² (≈ 325 sq ft) instead.

Ownership is leasehold, with a base term to 16 September 2052 and a 25-year extension set out in a notarial addendum. The developer's materials give the zoning as Residential. On the current recap, a 145 m² townhouse on a 106 m² plot lists at Rp 3.54 bn, and the 158 m² pool villa on 252.57 m² is priced at Rp 4.76 bn. We're still waiting on the building approval and the certificate of occupancy.

Developer price list

The Grey House: 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".

TypeSizeBedroomsPriceThe numbers
3BR townhouse145 m² · plot 106 m²3Rp 3.54 bnwith numbers →
Villa 11, 3BR with pool158 m² · plot 252.57 m²3Rp 4.76 bnon request

Sizes and prices come from the developer's current recap. A villa card from the same pack gives different townhouse figures, 142 m² on 113 m² at Rp 6.18 bn, and the listing agreement puts the villa at Rp 4.42 bn. We work from the recap and have raised the gap with the developer.

Ownership

Ownership & what you actually get

You'd hold a lease that began on 16 September 2022 and runs 30 years, to 2052, and a notarial addendum adds 25 more. Your deposit goes to a notary's account, you sign the lease agreement, then take the keys against an inventory. The developer expects the building approval (PBG) and SLF papers by late September 2026, with the rental license after that.

Ownership and permits: The Grey House
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 16 Sep 2052 + 25 yearsThe base term is 30 years from 16 September 2022, and a notarial addendum confirms the 25-year extension. We count what's left from the day you get the keys.
ZoningResidential, per the developerA residential zone doesn't allow every kind of nightly rental. We check the RDTR extract before the deposit.
Building approval (PBG)To confirmThe developer's recap expects the documents by the end of September 2026. We have no number or copy yet and ask for both before you commit.
DeveloperPT The Grey StoryCompany name and address come from the developer's recap: Jl. Raya Kuta No 32, Kuta, Badung. We check its registration and its right to sell.
Certificate of occupancy (SLF)To confirmWithout a certificate of occupancy, the regency won't issue a rental license. We ask for a copy ahead of any 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 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 itFor a finished house, you pay against a checked document pack and take the keys under a signed handover record.
Furniture and handoverFully furnished, per the developerBosch kitchen, LG fridge, Daikin air conditioning, ROCA and TOTO fittings, per the developer's villa card. We attach the full list to the contract.
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

The Grey House payment schedule

  1. ReservationYour deposit goes to the notary's account, and you and the developer agree on the amount.
  2. ChecksWe review the land lease, zoning, PBG and SLF before the main payment.
  3. ContractYou sign at the notary and pay on the schedule you've agreed.
  4. KeysThe furnished house changes hands under a signed inventory.

The developer publishes no payment schedule, and the listing agreement only allows a deposit into a notary account. Once the papers pass review, the contract fixes each share and its date.

Location

Location: Buwit · Kediri, Tabanan

Buwit is a village in Kediri, Tabanan regency, just past Cemagi: rice fields, quiet streets and land priced below the coast. Kedungu's surf is about fifteen minutes by scooter, while the cafes of Pererenan and Canggu take longer.

The Grey House, Buwit: townhouses among the fields
Buwit · Kediri, Tabanan · 5 m access road
  • Ocean at Kedungu5.2 km
  • Ulaman Eco Retreat318 m
  • Villa Kaba Kaba Resort1.9 km
  • Access road5 m wide
  • Ngurah Rai Airport≈ 17.8 km

Buyers come for silence, open fields and a lower price. The catch is distance: you need a scooter for the ocean and cafes, and nightly demand runs softer than on the coast.

Buwit · Kediri, Tabanan · Google map

Area guide and all properties

What's nearby

The neighborhood

Within 1 km of the property

  • 1hotel

Closest places

  • Ulaman Eco Retreat Avatarhotel · 318 m
  • Nunu Bali Retreat Hostelsight · 1.5 km
  • villa 1hotel · 1.9 km
  • Villa Kaba Kaba Resort Balihotel · 1.9 km
  • villa 2hotel · 1.9 km
  • Villa 3hotel · 1.9 km
  • Evara Lifestylehotel · 2.1 km
  • Dewi Sri I No 20sight · 2.1 km

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

Straight answers

Questions about The Grey House

What does Rise Real Bali charge when I buy at The Grey House?

Nothing on your side. You pay the developer's price, and the developer pays us: the listing agreement sets our commission at 5% of the deal. Before any deposit we check the land lease, the zoning, the building approval and the certificate of occupancy and cover the cost ourselves. A written report lists every open point.

What is the lease term at The Grey House?

A leasehold with a fixed end date. The base term started on 16 September 2022 and ends on 16 September 2052, and a notarial addendum adds a 25-year extension. Freehold isn't open to foreigners on Bali, so you acquire a lease right. We count the remaining years from your handover date and match them against the head land lease.

How does a townhouse differ from Villa 11?

Townhouses 1 to 10 stand in pairs, each with 145 m² of built area on a 106 m² plot and a private garden in place of a pool. Villa 11 stands alone: 158 m² on a 252.57 m² plot with its own 14.7 by 2.85 meter pool. Each type has three bedrooms and three bathrooms, plus a guest toilet.

Can I buy a house at The Grey House without flying to Bali?

Yes. On a live Zoom call we walk the lane, open the garden gate and climb both floors with you. Signing runs through a notary, who acts on the proxy you give us. Because the houses already stand, our team checks the walls, the kitchen and every appliance against the inventory and mails you a photo report before the last transfer.

Do you publish a rental yield for The Grey House?

Not on this page. Buwit sits inland in a residential zone, so coastal nightly rates don't carry over. Ask, and we'll model your lot from the AirROI area rate, three occupancy scenarios and running costs set at 40% of revenue, plus a long-term tenant case for comparison. It's our estimate and carries no guarantee.

Units in this project

1 unit with numbers

Each one shows the developer price, net income from our model, document status and the payment schedule.

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