Owning a luxury vacation home is now more accessible and effortless than ever with Managed Co-Ownership. This innovative model makes the dream of owning a stunning villa in Bali possible, at a fraction of the cost, and hassle-free.
Find out more in the video.
With PARADYSE, you’re not just paying for a stay; you’re owning a slice of paradise and creating memories to last a lifetime. Our Managed Co-ownership model provides all the benefits of sole villa ownership and more, but without the full price tag.
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When you purchase a share, you will sign a Share Subscription Agreement and pay a small deposit. This agreement outlines the terms of your investment, including Paradyse’s 120-day period to finalize the purchase and complete due diligence on the selected villa. You’ll also agree to a Shareholder Agreement and Management Agreement, which govern your co-ownership and property management once the transaction is completed. Ownership is structured through shares in a limited liability company, which holds the property on behalf of all co-owners. Our team will guide you through the process and share all the details during your consultation.
We handle all the legal, regulatory, and tax aspects of the property purchase and management to ensure a seamless experience for our co-owners. However, since individual circumstances vary, especially regarding tax implications in your country of residence, we recommend consulting your own lawyer or tax advisor for personalized advice. This ensures you have complete clarity on how ownership fits into your individual financial and legal situation.
Peak periods, such as Christmas, New Year’s, and Easter, are in high demand. Each owner can book one peak holiday annually, with bookings opening 24 months in advance on a first-come, first-served basis. If multiple owners request the same peak period, a lottery ensures fairness, and the runner-up gets first refusal for the same period the following year. Additionally, to ensure equitable access, the same peak holiday cannot be rebooked by the same owner for 3 consecutive years. Cancellations require 3+ months’ notice; otherwise, the days are forfeited unless another co-owner on the waitlist claims them.
Paradyse works up-front to select buyers with complementary usage needs for each property. Additionally, Paradyse’s booking system ensures fair allocation of stays through clear rules and systems, such as differentiation of advance and last-minute bookings. For high-demand periods, our platform uses a lottery system to resolve simultaneous bookings fairly, ensuring no single owner monopolizes key dates. Additionally, booking rules, like limiting consecutive nights and capping usage during peak periods and specific holidays, guarantee all owners equitable access to their share of the villa.
The Paradyse app allows you to reserve your stay at any time – from seven days to two years in advance. When you arrive, your personal belongings will be out of storage, and the fridge will be stocked on request.
Paradyse’s expert team and partners have decades of experience in Bali’s property market. Our local connections and team of legal and professional services partners help us navigate both the legal and human aspects of running your property legally, fairly and securely in Bali.
PARADYSE handles every aspect of your ownership: Turn-key villas are fully furnished and ready for use. We manage property maintenance, guest services, and leasing. Our owner platform allows you to book your own stays and keeps you updated on bookings, income, and ownership details.
The operating fees and a maintenance sinking fund for your property are estimated in the villa prospectus. These fees will estimate everything needed to run your property such as management, housekeeping, gardening regular maintenance, accounting, tax and regulatory. The actual costs will be shared pro-rata between the owners, from a deposit paid annually in advance. PARADYSE does not take a mark-up. Leasing fees are calculated as a commission at market rates on any revenue and will be deducted from rental income before it is distributed. In addition to the operating fees, Paradyse charges a small monthly platform fee of $150 per year per co-owner, which provides for the costs of our owner platform, booking system and owner concierge services. Our team will be happy to explain our fee structure in more detail in your consultation.
The Share Purchase Price comprises: Your share of the cost of the property, according to your selected proportion (1/8, 2/8, 3/8, or 4/8) Incidental purchase costs (land transfer tax, legal fees, legal structure) Structural review of the property Legal review & certified legal due diligence on the property Legal and tax structure of the shared purchase deal Consulting costs Interior design, including premium furnishings, fixtures, and fittings Top-quality homeware, tableware, and appliances
No, you don’t have direct contact with the other Co-Owners. Paradyse takes care of everything for you, including all admin tasks and the coordination with other Paradyse Co-Owners. You can just relax and enjoy your holiday home.
Rental income from your unused days is reported quarterly and distributed annually. The amount you receive is proportional to your share, the number of days you used personally, and the total number of days your villa was rented.
Yes, we’re so confident of the rental returns on your property, we guarantee a 10% net rental income in your first two years of ownership. If rental income falls short, Paradyse will cover the difference!
As a Paradyse Co-Owner, you can take part in the rental income of the property in proportion to your share and your own usage. Paradyse’s expert team manages leasing on the short-term market for any days which the co-owners don’t utilise, ensuring best in class returns for your unused days. Our proprietary algorithm ensures you receive your correct share of rental profits for any days within your allocation that you do not personally use.
In Bali, leasehold is the most common form of ownership for foreign nationals and lease terms typically range from 20 – 35 years. Leasehold ownership means you have the right to use and occupy a property for a specific period, but you don’t own the land outright. Your rights as a leaseholder are clearly defined in the lease agreement, which is registered with the relevant Indonesian authorities. PARADYSE conducts thorough due diligence to ensure all agreements are professionally drafted and legally compliant. All our properties are offered with 24-30 year leases, and we can assist with navigating the extension process when the time comes.
Once your purchase is finalised, you become a Co-Owner in a shared purchase deal (sometimes called fractional ownership). You will hold shares, proportionate to your fractional ownership, in a private limited liability company which holds the titles (on either a freehold or long leasehold basis) over the property you have purchased. With this purchase, you become a shareholder, and, therefore, a pro-rata property owner.