Condominium villas
Canggu Condominium Villas — Eight Units, One Managed Income Stream
A block of eight one-bedroom condominium villas built for investors who want yield without the management overhead. A lower entry point than a standalone villa, with rental operations handled end-to-end.
- Entry price
- $168,000
- Units delivered
- 8 of 8
- Net yield
- 11.4% / year
- Sold before handover
- 100%
Canggu Condominium Villas — Eight Units, One Managed Income Stream
Budget
From $168,000 per unit — a fixed turnkey price covering construction, shared pool, co-working lounge and the full furniture package.
Timeline
14 months for the full block, delivered in two handover phases so the first four units could start earning while the rest were finished.
Result
All eight units sold before completion. The shared amenities and walkable Canggu location pushed occupancy above the area average from month one. Owners receive a single quarterly statement; Frigate handles bookings, maintenance and guest operations.
Yield / ROI
11.4% net annual yield across the block, averaged over the first full year — 78% occupancy at an ADR of $135. The managed-rental model means owners see net figures, not gross.
“I live in London and I did not want a second job. The whole point was a property that runs itself. One quarterly statement, money in the account, and the yield matched the projection within half a percent. That is rare enough that I bought a second unit.”
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