Keen to retire to paradise?
Keen to retire to paradise? Check out this beautiful Bali retirement village
The brainchild of owner John Mickelson, the Bali Retirement Villages are a new boutique development set to open in January 2017 in the country’s far north.
Located on 2,000 sqm in the village of Tegallinggah, the village will be home to 16 one-bedroom apartments priced at $170,000.
The luxurious facilities will include a pool with swim-up bar, pool house, two guests suites, a reflexology walking path and gardens, while an adjacent property will also be offering gym and sport court memberships.
Mr Mickelson first came to Bali in 2010 and was captured by the beauty and tranquillity of the North Bali, which is far from the hustle and bustle of the tourist hubs in the south.
“I thought… this is a place I can retire and live a very comfortable life,” he says. “For the first few years, I kept it quiet. A secret private paradise. I, like others, feared if the word got out it would soon all be gone. But as hotel construction in the south continued to out-strip tourist arrivals, and occupancy rates dropped to 40 per cent; up north, things have remained quiet and peaceful. I decided the timing was right for me to share my retirement secret.”
The 60sqm apartments will each have an open kitchen/dining/living area, full bathroom, and private terrace/balcony overlooking ocean views.
“These units will come fully furnished, you only need to bring your clothing… and don’t forget your swim suit!” adds John.
A $200 monthly maintenance fee covers almost everything, including housekeeping 6 days per week, a weekly linen service, on-site security, satellite TV, WiFi internet access, insurance, buildings and grounds maintenance, water, gas, twice weekly transport to the supermarket, on-site management and a concierge service – you just pay for your own groceries and electricity.
And retiring to Bali is simpler than you would think too – to obtain a retired visa, you only need to be 55+, have a $2,000 per month pension and private health insurance that is valid in Indonesia.
Food usually runs to around $90 per person per month and you can also hire a driver with a car for a couple of hours for $20, or buy your own car and hire a driver for around $75 a month. The only downside? A bottle of local beer is $1.50.
To keep the community feel of the Tegallinggah village, residents do have to live there year round and cannot rent out their apartments, but with all so much on offer, why would you ever want to leave?
As John says: “Paradise is more affordable than you think.”