SOHO BY PARQ
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About Soho by Parq
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SOHO in Indonesia
SOHO in Badung is a premium residential development scheduled for completion in Q3 2025. It will feature 25 villas within a fenced area surrounded by tropical greenery. Buyers can choose from 1- and 2-storey units, with options ranging from 1–3 bedrooms.
The prices for real estate in SOHO are final, with all associated taxes already included. Payment can be made in several instalments: an initial 30% of the price is due upon signing the contract, another 30% is payable after the construction of the house, 30% is due after the completion of the finishing and the final 10% is paid upon receiving the keys.
|
Property type |
Area |
Starting cost |
|
1-bedroom houses |
40 m |
USD 172,000 |
|
2-bedroom houses |
76 m2 |
USD 307,800 |
|
3-bedroom houses |
96 m2 |
USD 374,400 |
Off-plan property in SOHO for investment
The value of off-plan properties for sale in SOHO is expected to increase by 40% once construction is completed. Prices for ready-to-move-in properties will also continue to rise. In 2023, Balinese house prices rose by an average of 15% and transaction volume increased by 40%. The liquidity of properties on the island is improving, allowing owners to profit from resale at any time.
Many foreigners have invested in commercial property in SOHO to earn passive income. Long-term rentals are expected to generate returns of 14% per annum, while daily rentals could yield 20%. The projected occupancy rate is 90%, meaning the property will pay for itself in approximately 5 to 7.1 years.
Owners of a villa in SOHO can enter into a contract with the management company Parq Development. this company will handle all aspects of tenant attraction and settlement, maintenance of houses in SOHO and upkeep of the general complex area. It will also manage accounting, tax optimisation and payment. Investors will receive their profits quarterly into any account and in the currency of their choice.
Project details
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Indoor facilities
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Uniqueness
Soho by Parq Development
The concept of the project is centred around surfing. The villas will appeal to buyers and tenants with a passion for this water sport, as Uluwatu, a renowned surfing spot, is just minutes away. Each villa offers personalised access to Blue Point and Suluban beaches, which attract professional surfers from around the world.
Numerous cafês and restaurants, bars, beach clubs, spas and popular tourist attractions, such as Uluwatu Temple perched on a bluff above the ocean, are located approximately 250 metres away. From nightlife and culinary delights to cultural heritage, the villas will attract holidaymakers eager to experience a different side of Bali.
VIllas in Soho
The project offers fully furnished premium villas ranging from 40 to 96 square metres. The layouts include 1–3 bedrooms with en-suite bathrooms, living room, open kitchen, dining area and terrace
The backyard features a private swimming pool, sunbathing area and garden. The 3-bedroom units are spread over two floors, while the 1 and 2-bedroom units are single-level. The rooms designs are characterised by pastel shades, natural materials and abundant natural light. Panoramic windows provide picturesque views of the tropical greenery.зелень.
Map
Ungasan
The resort area is located in the southern part of Bali and is a popular destination for beach holidays, surfing, fishing and gastronomic tourism. The local infrastructure is rapidly developing, attracting more travellers each year. Not long ago the area was an unassuming village, but it now boasts new prestigious hotels, restaurants and entertainment facilities. As it continues to grow as a tourist hotspot, housing costs and rental rates are on the rise.
FAQ
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What is the completion date of SOHO?
Construction is scheduled to be completed in the 3rd quarter of 2025. -
Who is the developer of SOHO?
The new complex is being developed by Parq Development company. -
What is the address of SOHO?
The project is located in the resort area of Ungasan. -
What unit types are offered?
The complex features premium villas with 1–3 bedrooms.. -
How much does a villa cost in SOHO?
In SOHO, prices from the developer start at USD 172,000. -
What are the Payment Plans for SOHO?
After a 30% down payment, instalments are divided into three payments: 30% after construction, 30% after finishing and 10% upon handing over the keys. -
Can a foreigner buy property in SOHO?
Foreigners cannot fully own land in Indonesia, but they can enter into a leasehold agreement. Buyers of houses in the new complex can secure a long-term lease for 30 years, with an option to renew. -
Can I obtain residency if I buy property in SOHO?
Indonesia offers a Second Home programme, which grants residency for 5 to 10 years with the purchase of real estate worth USD 126,000 or more. However, this type of visa does not allow foreigners to rent out the properties they have purchased. -
Is SOHO a good place to live in Indonesia?
With its close proximity to the island’s best surf beaches, stylish villas featuring thoughtful layouts and private pools, a high level of security and well-developed internal infrastructure, the complex an ideal place to live and relax. -
What are the pros and cons of living in Ungasan?
The main advantages of the area include clean beaches with sun loungers, umbrellas and surfboard hire, numerous cafês and restaurants offering Balinese dishes made with fresh seafood, a wide range of luxury properties, picturesque nature and a pleasant climate.
Developer Parq
The development company designs, builds, maintains and manages properties in up-and-coming locations in Indonesia and Germany. Under the leadership of Andre Frey, a German architect and entrepreneur, it has successfully completed over 30 projects. The organisation's portfolio includes the renowned Parq Ubud multifunctional centre, which is visited by up to 2,000 people daily. By 2025, the total area of completed projects will exceed 500,000 m2.
Contact us
Our team will help you to choose the ideal property in Soho by Parq
Tim Ward
Property expert