THE SERI SUITES is offering a unique investment opportunity where the existing property will be completely renovated into apartment style villas targeting the mid-tourist market and business travelers.

THE SERI SUITES is selling two styles of fully furnished, fully equipped villas. The design objective is a charming fusion between Balinese tradition and modern/contemporary architecture.

THE SERI SUITES will be managed as a boutique hotel for its villa owners with 7 private villas. Each villa is completely equipped and ready for rental.

THE SERI SUITES villas are very spacious, with large air–conditioned bedrooms, en-suite bathrooms, kitchenettes, enclosed living area, open dining areas, high tech entertainment systems, IDD telephones, in-room safety box and personal owner storage.

THE SERI SUITES management provides full hotel service such as receptionists, housekeeping and maintenance, transportation, and 24-hour security service.

THE SERI SUITES management will manage and rent your villa for owners so they enjoy a profitable return on investment.

THE SERI SUITES offers investors the opportunity to own a 50-years lease on a luxurious 2 or 3 bedrooms villa in one of Bali's most desirable locations.

PURCHASE PRICE
Villas may be purchased from US$ 130.000 for the 2 bedrooms Villa to US$ 185.000 for the 3 bedrooms Villa.

RETURN ON INVESTMENT
Projected return on invest (ROI), based on an estimated reasonable and achievable 65% occupancy is 13% annually.

We estimate that our owners will have their money back in 7-10 years*.

The lease contract is re-sellable at any time.

NB
Please note that other established investment villas in the close proximity are experiencing occupancies between 65% and 77%.

*(Though owners can decide how many days they wish to stay in their villa – from 365 days to 0 – we'd like to point out, that the investment is basically understood as an investment.)

Described by the Lonely Planet Guide as "a romantic hide way" THE SERI SUITES is just 20 minutes, by new highway, from Bali's International airport. And the shopping starts almost at the doorstep, with the furniture and home wares shops of Jalan Kerobokan – while the fashion and artefacts shops of Legian and Seminyak are just a short 4 kilometres away.

They say location is everything in property investment. THE SERI SUITES is therefore a unique opportunity, because, whilst the beachfront has turned into a crowded noisy suburb with growing traffic woes, THE SERI SUITES is serene and still has true Balinese charm. And, as the area goes more and more up market, with private villas proliferating, its value will increase accordingly.

THE SERI SUITES interiors are spacious and beautifully appointed. They are fully furnished and fully outfitted with all modern amenities. All of the villas are 2 levels with the master bedroom located on the second floor with it's own private balcony. Each villa enjoys lush tropical gardens, open-air dining area, spacious bedrooms with en-suite bathrooms and kitchenettes.

Kitchen equipment includes refrigerator, 2-burner stove. Each unit also provides an area for personal owner storage.
Each villa also has it's own entertainment system. Each bedroom has international cable TV. A home entertainment system with DVD/CD and surround-sound stereo system completes the entertainment features. THE SERI SUITES management will provide DVD's to enjoy these special features.

Every villa has it's own private IDD telephone and wi-fi broadband Internet connection.

Other facilities at THE SERI SUITES include room service, a charming café/bar, and swimming pool with swim up bar, tree-house reading by the river, in-house spa activities, and tour activities/guest relations.

Villa prices and annual service fees are fixed in US dollar. The price of each villa includes the land lease, buildings, and complete furniture, fixtures and equipment. Each villa is fully equipped and ready to move into.

Arts and Antiques supplied by PT Villa Seri belong to PT. Villa Seri and are on loan to the Villa owners. They can be removed by owners but must be replaced by equivalent items.

Applicable Indonesian taxes (VAT) of 10% from the land sub-lease price are to be paid at US$ 3.000 to secure the investor right over the land/building/investment.

B. Annual Maintenance and Management Service fees.

Annual Maintenance and Management service fees are payable to PT Villa Seri on a bi-annual basis. This fee covers all the cost of servicing and maintaining the villas, including day-to-day operation costs. The high levels of services provided are outlined in section The Management Service Agreement.

Villa type Annual Maintenance and Management Service  Fee

2 Bedrooms Villa US $ 7,500
3 Bedrooms Villa US $ 8,500

C. THE SERI SUITES Management Fees.

20% commission on Gross Villas Rental Income is payable to the Management Company.

The Villa' s owner and their spouse/partner and children may stay in THE SERI SUITES as long and as often as they want, with no commission payable. However the owner's non-immediate family and friends will be charged 20% at special 80% discounted rate, when occupying the villa.
Those days will be counted as owners – occupied usage and not calculated in the "income distribution pool".

Each of the six 2 bedroom villas will be calculated the same and the one 3 bedroom Villa will be given an extra 25% to reflect the difference in purchase price and maintenance fee.

How the system works:

1. All villa/room are in accommodation pools
2. The total revenue earned by all villa/room is calculated at the end of the month.
3. The 20% Management fee is deducted from total.
4. Owner occupied usage counted for each villa/room and subtracted from nights available to give Net nights available.
5. By dividing Total Net Revenue by Net Night available we fix the Average Night Rental.
6. The Total Net Revenue per villa/room is then calculated based on Owner usage.
7. Income is then distributed to each owner.

Villa owners will receive their villa/room income dividend every 6 months.
VS Management Company will report monthly and each 6 months income will be paid by end of the 7 months.

Both parties sign an agreement, which allows The Management Company to rent the villa on the owners' behalf.
The agreement outlines the rights and responsibilities of both parties in detail.

The Management Company services and maintains the villa for the owner on the basis of annual maintenance fee that will increase at the same rate as the Indonesian CPI.

THE SERI SUITES staffing includes the management and line staff necessary to service and maintain the villas.
Staff includes receptionists, cooks, housekeeping, engineers, pool cleaners, gardeners, drivers and security guards.

For more information about this unique investment opportunity, please contact us:

Eddie Saleh (MD/Partner)
Handphone: (62) 81 835 9895
Email: zaidi@balirealestate.net

Richard O'Brien GM/Partner
Ph (62) 0361 730 262. Hp:( 62) 81 856 1969
Email: richard@villaseri.com

Jane Walters/Partner
Hp: (62) 81 835 7876
Email: jane@seri-indo.com

Address:
THE SERI SUITES
Umalas 1, No 42
Br. Umalas Kauh, Kerobokan, Kuta,
Bali – Indonesia
Tel: (62-361) 730-262/264
Fax: (62-361) 730-784

Websites: www.villaseri.com ; www.balirealestate.net

A. Land and Villa Agreement

The Land and Villa Agreement is entered between the Villa’s Purchaser and PT. Villa Seri. Each villa is leased for a period of 50 years according to Indonesian Law. The agreement includes the option of extending after the 50 years terms and first option on purchasing the land in the event of it becoming available for sale. This agreement is re-sellable.

B. Management Contract

The Management Contract must be signed between the Villa Purchaser and the Management Company, a division of PT. Villa Seri. The Management agreement covers the sales and marketing efforts to stimulate rental income, on going villa maintenance and the day–to-day servicing of the villas.

Indonesian property law can be quite involved. Therefore, we have associated local legal experts with English speaking specialists. We have appointed both a notary and a lawyer to handle all our property needs. This ensures that we comply with local laws and protect both the customer and ourselves.

Buyers are free to contact the lawyer and the notary at any time.
Of course we will accept any other notary and lawyer on purchasers trust.

Their details are:

Notary
Ny. Hj. Sri Subekti, SH
Denpasar Notary at Denpasar
Pertokoan Primkopad Korem 163/Wirasatya
Jl. PB. Sudirman No. 3
Denpasar, Bali - Indonesia
Tel/Fax : 0062-361-242 709

Lawyer
AA. Ngurah Manik Danendra, SH, KN Law Firm & associates
Jl. Melati No. 45 G,
Denpasar, Bali - Indonesia
Tel/Fax : 0062-361-229 737