Frequently Asked Questions
Hotel Tu Casa is backed by JMGM property developers, a reputable Australian company with 7+ years in operation between Bali and Australia. They focus on developing a range of luxury mixed-use properites. Their portfolio currently includes over 200 million + worth of real estate and developments in progress.
Development:
- Horizon Gosford - 182 luxury apartments & 2,500m2 of retail space
- The Residents - 27 luxury units in Terrigal NSW
The land Tu Casa occupies is leasehold property, and your lease term only begins from first occupancy. This protects you from unforeseen delays and costs, guaranteeing your optimized ROI. Your lease extension is also guaranteed for renewal after the first 33 years for an additional 30 years.
Our Architect is Lutolli Architects + Partners. Their diverse international developments include residential and commercial buildings for large scale projects. Our Contractor is PT. TuCasa Hotel Group, established in Bali since 1978 and is now one of the largest construction and fabrication companies in Bali.
Tu Casa Hotel is an exclusive beachfront development situated in one of Bali’s most sought-after locations: Pererenan, Canggu.
Created by JMGM, a reputable international Australian developer, Hotel Tu Casa will merge a contemporary designed landscape into a hotel complex that features 50 smart villas and 69 hotel units.
Surrounded by 5-star facilities, residents and visitors can enjoy 4 international restaurants, a VIP nightclub, an oceanfront beach club, a co-working space, a wellness center, a gym, multiple pools, a rooftop bar, and much more.
The development is currently in its pre-selling stage and is scheduled to begin building in December 2024. It projects an 24-month construction period where the property will be complete towards second half of 2026.
Unlike traditional investments, which tends to yield roughly 1-2% through a bank or super funds which can yield up to 10%, our ROI is higher and more stable. Certain investments such as crypto may have a higher ROI, but they don’t present the same stability. Hotel Tu Casa provides the best of both worlds; a relatively high and stable investment.
JMGM will develop and operate Tu Casa with an in-house team of professionals which ensures consistency through each stage of construction, operation and financial factors. Your ROI is derived from hotel profits including Food and Beverage operations which further stabilizes your ROI compared to independent villa ownership.
Your individual revenue is derived from our revenue sharing model which allocates 80% of the net room revenue into the rental pool. The purpose of the rental pool is to ensure a fair distribution of revenue for all villa owners within the same villa category.
This means that you will profit as the development does even if your particular suite isn’t rented. To participate in the rental pool, your villa simply needs to be available for renting. This ensures your income as long as other villas within the same villa category are occupied.
Villa owners are allocated 30 complimentary points per year, which can be redeemed by the owners themselves or the family and friends of the villa owners. These complimentary points can be redeemed within consecutive dates or not, and only expire on an annual basis at the end of each calendar year.
You are welcome to use your villa for longer than your complimentary points allow, but this will affect your overall return on investment for that time period. More detail on this can be found within the management contract which will be provided through the purchasing process.
Each villa owner is granted lifetime access to our facilities which remains valid even after a lease agreement ends. This access includes membership to the gym and co-working space.
All owners are entitled to sell their units back to the market anytime after the completion of the sale. Hotel Tu Casa management team will endeavour to assist in this process, where neccessary.
The second payment instalment of 20% is done after the Due Diligence period. The remaining payments will follow construction progress
JMGM is a reputable Australian property building & development company that has been operating for 7+ years between Bali and Australia.
We focus on developing a range of luxury mixed-use developments.
Our portfolio currently has 200 million+ worth of real estate developments to date:
- Horizon Gosford - 182 luxury apartments & 2,500m2 of retail space
- The Residents - 27 luxury units in Terrigal NSW
Bali has continued to grow exponentially over the past 20 years with a steady 5-7% annual growth of land prices in all main regions of Bali. Canggu’s short-term rental market remains a steady stream of income thanks to the frequent influx of vacationers and professionals craving an island paradise. As the market returns to pre-covid conditions, there is anticipation of exponential growth due to the number of property listings, property revenue and demand.
In a recent update, Bali has approved 14 infrastructure projects between 2020-2024. Bali is set to update the main Gilimanuk-Denpasar highways and improve drinking water systems. The local government has allocated a budget of IDR 2,058 trillion for these projects alone, with 30% from APBN and the rest collected from private companies.
According to the Centre for Economics and Business Research (CEBR), Indonesia is forecast to become the largest economy in Southeast Asia and will rank 8th worldwide by 2036. Some of it’s main attractive features include:
- Consistent political stability
- Abundant natural agricultural resources
- The steady development of infrastructure
- A peaceful and diverse melting pot of cultures
Over the past 20 years of steady 5-7% annual growth, land prices in all main regions of Bali continue to increase. In more recent years, property appreciation of beachfront property in the Canggu area has grown 10-12%+ per year.
Canggu’s short-term rental market has always been prosperous thanks to the frequent influx of vacationers and professionals wishing to enjoy island life. As the market returns to pre-covid conditions, we expect exponential demand for the number of property listings available, in relativity to property revenue.
By engaging in a passive investment with turnkey operations you are investing in your lifestyle desires, in addition to receiving a return on investment.
If you buy your own villa independently, you are not always guaranteed any ROI due to:
- The challenges of self-management if you’re not based in Bali
- High marketing, management and maintenance costs
- High competition between stand-alone properties. If your property is empty you don't profit. We accumulate the profits into an owner's pool, meaning you receive your ROI even if your suite remains empty and the hotel is profiting.
We are a lifestyle investment that allows you:
- Residence in your unit for up to 1 month a year, saving you accommodation costs everytime you visit Bali.
- Additional option to use your property after your allotted complimentary points expire. Note this will affect yearly ROI for your unit.
- Lifetime access to our facilities which remains valid even after your lease ends. This access includes membership to the gym and co-working space.
- You will also receive an additional storage space.
The payment structure is spread out to align with construction milestones set out in the contract of sale. We offer a discount of 10% off of the purchase prices if the unit(s) are paid in full upfront.This allows you to earn an even higher ROI on your investment.
Criteria | Leasehold | Freehold |
---|---|---|
PURCHASE | You can register the title under your individual name simply with your passport. |
To purchase freehold legally and securely under your name, you will have to open a company which requires:
|
LEGALITY | You would legally hold the property title under your name. | You could use a nominee, but the title is still not 100% under your name and legally remains the property of the nominee. |
COSTS |
Lower tax rate You receive steady cash flow immediately. |
It will take a longer period for your investment to break-even. |
SIMPLE: You get a brand-new property that has never been occupied. You will receive the best off-plan price especially if you invest early and are able to secure the particular unit of your choice.
We own the land freehold, therefore your lease only starts from time of first occupancy. This covers you from any unforeseen delays and guarantees that you will receive your optimized ROI.