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Apartment, House, Commercial
Under Construction

Pakuwon City

Jl. Raya Lontar No. 2, Surabaya, Indonesia, Surabaya, Indonesia
From IDR 700,000,000

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Overview

Bedrooms1-4
Bathrooms1-3
Area60-300 sqm
Year BuiltN/A

A 600-hectare township in East Surabaya, Indonesia. It combines residential neighborhoods, shopping malls, offices, and universities. It is still expanding with new condo towers and landed housing clusters.

Building/Community Amenities

  • 24/7 Security
  • Fitness Center / Gym
  • Jogging / Biking Trails
  • On-site Retail / Shops
  • Playground / Kids Play Area
  • Pool
  • Restaurant (On-site)

Investment Insights

Investment Analysis

Investment Summary

Property Price:IDR 700,000,000
Down Payment (30%):IDR 210,000,000
Total Investment:IDR 0
Monthly Rental Income:IDR 0
Net Annual Rental Income:IDR 0
Future Property Value:IDR 0

Key Metrics

Cash-on-Cash Return:0.00%
Cap Rate:0.00%
Total ROI (over 10 years):0.00%
Annualized ROI:0.00%

Legal & Ownership

Legal & Ownership Information

Ownership Structure

Ownership Rights

Full ownership rights (Freehold)

Foreign Ownership

Foreign Ownership: Foreigners can buy apartments under a 'Right to Use' title but are restricted from owning land directly.

Tax Considerations

Property Taxes

Property taxes in Indonesia include a purchase tax, generally around 5% of the property value, payable by the buyer

Transfer Tax

purchase tax, generally around 5% of the property value, payable by the buyer

Inheritance Tax

Capital gains tax is applicable on the sale of property at a rate of 2

Important Considerations

Restrictions

  • Restrictions: Foreigners can only purchase property with a minimum price set by the government, varying by region.

Required Documents

    Financing Options

    Financing Options

    Mortgage Calculator

    $210,000,000
    Loan Amount:$490,000,000
    Monthly Payment:$0
    Total Payment:$0
    Total Interest:$0

    Financing in Indonesia

    Indonesia offers a variety of property financing options for foreign buyers, making it an attractive destination for real estate investment. Typical loan-to-value (LTV) ratios for foreign buyers range from 70% to 80%, allowing investors to leverage their capital effectively. The country's burgeoning economy, coupled with a stable property market, makes Indonesia an appealing choice for mortgage financing. Foreign investors are particularly drawn to the competitive interest rates and the potential for high returns on investment properties, making it a strategic choice for both residential and commercial real estate acquisitions.

    Requirements for Foreign Buyers
    • 1
      Valid passport
    • 2
      Proof of income (salary slips or tax returns)
    • 3
      Bank statements from the past six months
    • 4
      Letter of employment or business registration documents
    • 5
      Credit report from the buyer's home country
    • 6
      Property appraisal report
    • 7
      Local guarantor may be required
    Popular Lenders

    Contact Information

    Pakuwon Group

    Pakuwon Group

    Property Developer

    Verified

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    supermalinfo@pakuwon.com

    www.pakuwon.com

    Contact Developer

    Mention property ID: Pakuwon City when contacting.

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