Income from renting out the villa: Profit taking into account expenses and taxes per year - $48,000 (7%) Payback - 5 - 7 years
Costs and taxes on the sale of the property are calculated individually and depend on various factors.
General expenses and taxes: Notary fee 1% (shared with the buyer 50/50) Tax on the sale of the property 11% (shared with the buyer 50/50) Income tax for an Indonesian resident (10%) Income tax for a non-resident Indonesia (20%)
Conditions of property ownership: Completion of construction: December 2023 Type of land and real estate ownership - leasehold 25 years