Taracea Residences — six villas with private pool and an 80-year lease, in Kuta Lombok
The homeat a glance
The realistic scenario in their report, for the Essence
PAYMENT PLAN
THE DEVELOPMENT
- Taracea is six private villas and no more: the developer caps the number deliberately.
- It takes its name from the marquetry of Granada, the craft of joining small pieces into a single work, and that is the idea behind the architecture: curved roofs, natural stone, wood and microcement, with planting running between the villas.
- Each one has its own private pool and courtyard.
BOTH TYPES, INSIDE THIS ONE LISTING.
· Essence Residence — 54 sqm. Living room, kitchen and bedroom in one space, a bathroom with the same finishes as the Signature, a private pool and an outdoor courtyard. 4 of the 6. €83,000, tax included.
· Signature Residence — 78 sqm. The same architecture and the same finishes, with a larger courtyard and a private chill-out area. 2 of the 6. €87,500, tax included.
THE PRICE ALREADY INCLUDES TAX
- The €83,000 for the Essence and the €87,500 for the Signature are what the buyer pays, with the 5% tax inside. Nothing gets added at the end.
- The developer's brochure, downloadable below, advertises €79,500 and €84,000 and notes they are "5% tax excluded", which is why its numbers do not match this page.
- Their returns report is worked out on €83,475 and €88,200, slightly above what is paid here, so on these prices their own percentages would come out a little better, not worse.
TENURE AND TERM
- An 80-year leasehold, per the brochure.
- That is well beyond what is usual in this area, where 25 or 30 years is the norm: it is worth seeing in writing how it is structured (a single 80-year grant, or an initial term with agreed extensions) before signing anything.
- The brochure gives no handover date; their returns forecast starts counting in 2027.
WHERE IT IS
- Here the brochure does not agree with itself.
- It writes that it is "located in Prabu, minutes from Kuta Lombok and with views towards Areguling", and also "under 10 minutes from Kuta Lombok and facing Areguling beach".
- But its own satellite map places the plot inland, north-west of Are Guling and west of Kuta, and the photo of the land it includes shows a rise between hills, with no sea in front.
- The pin on this listing is the one read off that map, approximate.
- The exact point has been requested from the developer.
RETURNS, AS STATED BY THE DEVELOPER
They provide a fifteen-year report with three scenarios, worked out with a 30% management fee on income, 2% annual inflation on repairs and 3% annual growth in the nightly rate.
· Essence (investment €83,475), first-year net profit: €8,348 in the pessimistic scenario (10% return), €11,686 in the realistic one (14%) and €15,860 in the optimistic one (19%).
· Signature (investment €88,200), first year: €8,820 (10%), €12,348 (14%) and €16,758 (19%).
· First-year assumptions for the Essence: between 227 and 297 booked nights, at between €49.52 and €73.20 a night depending on the scenario. The Signature runs from €52.83 to €77.99.
· Payback: 2035 in the pessimistic case, 2033 in the realistic one and 2031 in the optimistic one.
The document itself warns that these are estimates and that past results do not guarantee future ones. TANAH has not verified any of these figures.
WHAT THE DEVELOPER SAYS IS INCLUDED
- Support through the whole purchase, legal advice, setting up the PT PMA and getting the rental running.
- They say they work with a builder with several completed projects in Lombok and send regular updates and site photos.
- On the PT PMA, the brochure answers that it can be set up with 100% foreign capital, with no local partner, and puts the average cost at around €1,100.
The full brochure and the returns report are on this listing to download.
The developer declares this data and your notaris confirms it at the land registry before you sign — the normal step in any purchase here. How it works, in the guide; or we do it for you.
Approximate location (300 m radius). The exact plot is shared when you get in touch.
We check title, cadastre and zoning on this project before you sign.
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