10-Bedroom Villas in Seminyak: What Groups of 20 Should Really Expect to Pay
Most tourists who travel in large groups to Bali are recommended to stay in ten bedroom luxury villas in Seminyak. While this seems perfect for bigger crews, we have to look deeper at the actual costs to assess the value. Tourists looking to stay in Bali villas for vacation as well as potential real estate investors in properties designed for group bookings would benefit from knowing how much every feature costs in the end.
This amazing opportunity to purchase a large 10-bedroom villa in Seminyak provides the best of both worlds; privacy and space, together with a prime location right in the middle of Seminyak with many restaurants and bars with 24/7 live music just a short stroll away. Of course, there is a real cost of ownership that extends well beyond the purchase price; these costs will include the operating costs, maintenance, staff, and the range of facilities that are often viewed as additional costs to the purchase.
Offering this property which sleeps around 20 guests may appear to be good value due to the division of cost per person, however there is in fact little flexibility and demand for ultra-large group luxury villas far outweighs demand for regular luxury sized villas suitable for couples or families.
For the investor, a 10 bedroom villa requires significant occupancy in order to remain profitable. Seminyak is one of the most popular nodes for tourists in Bali, but a larger footprint such as a full free standing ‘beachfront’ villa requires a lot more work to stay profitable. A realistic approach to budgeting is key.
There is a risk that demand for larger groups may be understated outside of peak season. Larger properties can also present issues in relation to parking and general access in areas of Seminyak that are already congested. It is essential that the property holds all required licensing and permits including IMB (building permit) to avoid incurring significant delays.
What This Means for Your Bali Plan:
- For a group of 20, you may find the rental of the villa is not as cost effective as other group sizes, because the price per person greatly increases as the group size decreases.
- Are you considering a 10 bedroom villa in Seminyak or will you get a better return on investment by purchasing 10 smaller boutique properties.
- Consider the additional costs in terms of management and maintenance to ensure proper running of the villa as Seminyak is a high demand location.
- Check the IMB and other permits to ensure legality and avoid any fines or delays.
Large villas in Bali continue to occupy a place in the accommodation offering of the island however it is important to realistically consider the potential return on investment as well as the profile of clients able to afford such accommodation compared to alternatives for large groups or investors.