Kapal Oasis Resort Studios are sold under a 20-year leasehold (Hak Sewa). Owners have clear paths to exit before the term ends and clear options at the end of the term. This page sets out both.
The leasehold interest can be sold at any point during the 20-year term. The transfer is processed through PRISA and Kinnara.Asia under standard Hak Sewa transfer procedures. There is no minimum hold period.
Three key points:
The fixed 20% rental income runs for the full duration of the leasehold. At the end of the term, owners decide whether to continue or exit.
PRISA offers a right to extend the leasehold for a further defined period, subject to a renewal fee set against the then-prevailing market value of the studio. Extension terms are defined in the Studio Rental Agreement.
Choose not to extend, in which case the studio reverts to PRISA at the end of the term with no further obligations on the owner.
Owners considering exit give notice before the end of the term to lock in their decision, with the applicable notice period set out in the Studio Rental Agreement.
No residual capital sum is paid at lease end. The fixed 20% rental income across the 20-year term represents the full financial return to the owner. The lease is structured as a 20-year income product with built-in flexibility, not a freehold purchase.
Renewal fees are defined in the Studio Rental Agreement and pegged to market conditions at the time of renewal. Owners are notified of the renewal calculation ahead of lease end, within the notice period set out in the Studio Rental Agreement.
Yes. The leasehold interest can be transferred to nominated beneficiaries through standard estate processes in both Indonesia and the owner's home jurisdiction. Independent legal counsel is recommended.
You can. The leasehold interest is freely transferable through Kinnara.Asia. There is no minimum hold period and no exit penalty.
Yes. The Studio Rental Agreement transfers with the studio. The new owner inherits the fixed 20% return for the remaining term, the 30 owner-stay nights and all other terms of the original purchase.
Every investor has different timelines and exit considerations. The Kinnara.Asia team can walk you through how the structure works for your specific circumstances.