Who is the developer?
Leylines Limited — a Hong Kong-registered development and hospitality group operating exclusively in Bali. Founded by James Hartshorn and Sebastian Link, the company has deployed USD 10M across the Uluwatu corridor with 100+ units in development or operation.
Who designed the building?
The architectural concept was developed by Satya Puri Studio and refined in-house by Aimee Hartshorn, Head of Design at Leylines. The design language is modern minimalist — natural stone, natural timber, floor-to-ceiling glazing, black steel frames, and deliberate spatial proportion throughout.
Who is building KubuView?
Construction is managed in-house by Johnny O’Sullivan, Construction Director, working directly with appointed contractors against a defined programme and specification.
What warranties are provided?
5-year structural warranty 1-year fixtures and fittings warranty 1-year workmanship warranty covering architectural finishings and MEP
Who designed the interiors?
Aimee Hartshorn, Head of Design at Leylines, in collaboration with concept architect Satya Puri. The interior language is material-led and restrained — sintered stone kitchen surfaces, black steel frames, natural stone and timber, linen-toned furnishings. Every unit is designed to perform as a high-end STR product and feel like a considered home.
Who is the notaris?
Pak Putu Adi — confirmed. Jl. Perum Dalung Permai Bhinneka Nusa Kauh X No. Br Blok F No. 22, Dalung, North Kuta District, Badung Regency, Bali 80361, Indonesia. Office Phone Number: (0361) 3616008. The notaris oversees preparation execution of the lease deed at main structure completion for leasehold buyers, and all notarial filings required under Indonesian law.
Is financing available?
Yes. Up to 40% of the purchase price can be financed through Leylines’ lending partner Fondo.
Who manages the rental operations?
LeyLines Hospitality — a fully in-house division of Leylines with no third-party involvement. Services include guest sourcing, OTA listing management, check-in and check-out, housekeeping, maintenance, concierge, financial reporting, and monthly investor distributions. Adaya Boutique Villas achieved 88% occupancy in 2025 under the same management team.
Development Facts
Where exactly is KubuView located?
Jl. Pantai Balangan No.54, Jimbaran, Kecamatan Kuta Selatan, Kabupaten Badung, Bali 80361. Set above Balangan’s coastline within the Bellana by Leylines collection, adjacent to the New Kuta Golf Course and 7 minutes by golf buggy from Balangan Beach.
When does construction start and when will it be complete?
Construction commencing June 2026. Main structure completion is targeted for February 2027. Opening and handover targeted for December 2027.
How many units are available?
14 residences in total across six configurations: Nova 1BR Suite — 4 units, floors 1 and 2 Aeara 1BR Suite — 4 units, floors 1 and 2 Luma 2BR Suite — 2 units, floors 1 and 2 Balance 1BR Penthouse — 2 units, floor 3 Infina 2BR Penthouse — 1 unit, floor 3 Vista 2BR Penthouse — 1 unit, floor 3
What are the fixtures and finishes?
All units are delivered with natural stone and timber flooring, sintered stone kitchen surfaces, fully equipped kitchens, high-end bathroom fittings, and Daikin air conditioning throughout. One standard finish option is available — there are no buyer customisation options.
What amenities does the building have?
30m² lap pool, commercial gym with weights and classes, ground floor restaurant and café, co-working space and meeting room, clubhouse and concierge service, 24/7 security and CCTV, parking for 6 cars and up to 10 motorbikes, storerooms on floors 1 and 2, Daikin air conditioning throughout, backup genset power, rainwater harvesting and natural ventilation.
Balance, Infina, and Vista penthouse units include private plunge pools. Golf buggy connectivity to Novea Ocean Suites, Centerpoint rooftop restaurant, and Balangan Beach.
What is the electricity and water supply situation?
Water is supplied via PDAM government connection and an on-site well. Power is via PLN connection with backup genset.
What security does the building have?
24/7 on-site security staff and CCTV throughout the building.
Is parking available?
Yes. Common-use ground-level parking for 6 cars and 8–10 motorbikes. Parking is not individually allocated per unit.
Are there any optional extras available?
Storerooms are available on floors 1 and 2.
Is air conditioning included?
Yes. Daikin air conditioning is included as standard in all units.
Is the unit delivered furnished?
Yes. All units are delivered fully furnished and turnkey-ready as part of the purchase price.
Is there backup power?
Yes. A backup genset is in place.
What sustainability features does the building have?
Grey water harvesting, natural ventilation design, and the use of local natural stone and natural timber throughout. Local employment for security and hospitality staff.
What internet connectivity is available?
High-speed fibre Wi-Fi throughout the building.
Is there lift access?
No, there are no lifts in the building.
Are pets allowed?
Balana Kubuview unfortunately has a no pet policy
Rental Policy
Who manages the rental programme?
LeyLines Hospitality — the in-house hospitality management division of Leylines. The same team managed Adaya Boutique Villas to 88% occupancy in 2025 with a verified 13%+ annualised ROI.
Full management services include operation, guest sourcing, OTA rental listing management, check-in and check-out, housekeeping, maintenance, concierge, financial reporting, and monthly investor distributions.
Do I have to participate in the rental scheme?
Yes, you can not opt out of the rental management scheme. It is required for all units.
How much can I earn from renting my unit?
Base case net STR income ranges from USD 26,937 to USD 53,874 annually depending on unit type, at 82% occupancy. This is after all operating costs, management fees, and rental tax. Alternatively, long-term rental income is estimated at USD 22,000 to USD 40,000 annually depending on unit type.
What are the management fees?
- Management fee: 20% of gross revenue
- Service levy: 5% of gross revenue
- Maintenance expense: at cost
- Operational expenses: at cost
Can I use my own rental agency or list on Airbnb directly?
No. All rental operations are managed exclusively by LeyLines Hospitality for the duration of the management agreement. This exclusivity is what ensures consistent guest experience, pricing strategy, and OTA distribution across the building — and is a core part of what drives the verified occupancy and return figures.
Can I stay in my own unit?
Yes. Owners may use their unit for up to two months per year without adjustment to the management agreement.
Can I rent my unit long-term instead of short-term?
Yes. Long-term rental is available as an alternative to STR and is managed in-house by LeyLines Hospitality. The management agreement covers both STR and LTR — no separate arrangement is required from the owner.
Does my unit need to meet a specific furnishing standard?
All units are delivered fully furnished to LeyLines Hospitality specification. Self-furnished units are not applicable as one standard finish and furnishing option is provided.
How and when is rental income distributed?
Monthly distributions via the investor portal from the month following handover. Income is distributed in USD to an international bank account or IDR to a local Indonesian bank account, depending on the owner’s preference.
Interactive Sales Platform
How does the online sales platform work?
Sales are conducted via the Launchbase interactive price list platform. All unsold units are visible in real time with availability status, pricing, floor plans, ROI data, and unit specifications. Units can be filtered by type, floor, price, orientation, and size. When a unit is reserved, availability updates instantly across all user sessions.
Can I shortlist units before the sales launch?
Yes. Registered buyers can shortlist preferred units ahead of the sales launch. Shortlisted units can be reserved instantly when sales open without needing to search again.
Is there a launch discount?
Yes. A USD 10,000 discount applies to all units. The launch discount is available to the first three buyers only and will not be offered once those reservations are confirmed.
How do I reserve a unit online?
Select your preferred unit on the platform, complete the reservation form, accept the terms and conditions, and pay the USD 1,000 reservation fee. The unit enters a 10-minute pending window during which payment must be completed.
Reservation Process
How do I register on the platform?
Create a buyer account on the Launchbase platform to access the full price list, unit details, and reservation function. Registration is free and takes less than two minutes.
How do I reserve a unit?
Select your preferred unit from the interactive price list. Complete the reservation form with your personal and contact details. Accept the terms and conditions and click Reserve and Pay. Pay the USD 1,000 reservation fee within the 10-minute pending window. Your unit is then secured and taken off the market.
How much is the reservation fee and how do I pay it?
USD 1,000. The reservation fee is fully credited against your deposit at signing and is not an additional cost.
What happens after I reserve?
You will receive a confirmation email immediately. The Leylines and Launchbase sales team will follow up within one business day to initiate the due diligence process and issue the full documentation pack.
How long do I have to sign the agreement?
You have 14 days to review the full due diligence pack with your own advisors before signing the Sale Agreement (leasehold) or Facilitation Agreement (equity structure).
What is the full payment structure?
USD 1,000 reservation fee on reservation, credited against deposit 40% deposit on signing the agreement 40% on main structure completion 20% at handover. Alternatively, the full balance can be paid upfront following the due diligence period in exchange for a 5.5% annual guaranteed return paid monthly during construction.
What happens at handover?
Final payment triggers formal unit inspection and handover. For leasehold buyers, the lease deed is executed at this stage. For equity structure buyers, Class B shares are issued and the Shareholders’ Agreement is signed. The rental programme activates immediately.
Payment Options
What are my payment options?
Three options are available:
Option A — Staged Payment: USD 1,000 reservation fee, 40% deposit on signing, 40% on main structure completion, 20% at handover.
Option B — Upfront Payment: USD 1,000 reservation fee, full balance paid following the 14-day due diligence period, 5.5% annual guaranteed return paid monthly during construction. Cannot be combined with Fondo financing.
Option C — Fondo Financing: Up to 40% financed through Fondo, terms and condition apply. Same reservation flow as Option A with main structure payment reduced to 20%. Fondo pays the final 40% directly to Leylines at completion, secured against Class B share allocation.
What currencies are accepted?
USD, EUR, and USDT. All payments are made to Leylines Limited’s Hong Kong bank account. EUR payments are accepted at the prevailing HSBC conversion rate.
What happens if I miss a payment?
A 30-day grace period applies from the due date. After that, a late payment penalty of 0.2% per day is charged on the outstanding amount. In the event of contract cancellation, only non-invested cash is refunded — amounts already deployed into the construction or structure are not recoverable.
Can I get offshore or local bank financing?
The only financing partner arranged through Leylines is Fondo, available for Hong Kong equity structure purchasers only.
If you wish to arrange your own offshore financing independently, that is permitted — Leylines will work with your lender on the necessary documentation. Indonesian bank financing is not available for foreign purchasers in this structure.
Legal and Ownership Structure
Can foreigners legally own property at KubuView?
Yes. Two fully legal ownership structures are available to foreign buyers. Personal-name freehold ownership is not available to foreign nationals under Indonesian law, but both the leasehold and pooled equity structure options are legally established and compliant.
What is the leasehold option?
You hold a notarised lease on your individual apartment unit for a 60-year term (30 + 30 years). The lease deed is executed after main structure completion — the point at which individual apartment units can be legally identified and separated under Indonesian law.
This is the standard process for strata apartment leasehold in Bali. Income is paid directly to you. Leasehold transfer tax is split 50/50 between buyer and seller.
What is the Hong Kong equity structure?
You own Class B shares in the Leylines HK HoldCo, a Hong Kong holding company that sits above a dedicated Indonesian PT PMA entity (Bellana Kubuview). Class B shares are allocated proportionally to your unit’s purchase price at USD 5,000 per share.
The HK HoldCo reduces dividend withholding tax from 20% to 5% via the Indonesia-Hong Kong Double Tax Agreement. You benefit from full Shareholders’ Agreement protections including drag-along rights, tag-along rights, pre-emption rights, and mandatory distribution provisions, all governed by Hong Kong law with HKIAC arbitration.
Which ownership structure is better?
Both are fully legal, fully managed, and deliver the same rental income. The leasehold is simpler and more straightforward. The Hong Kong equity structure offers greater tax efficiency, stronger formal investor protections, and a cleaner share-transfer exit pathway.
The right choice depends on your tax position, the size of your investment, and your exit strategy. We recommend consulting your own legal and tax advisors before deciding.
How long is the lease?
30 + 30 years for a total of 60 years.
What is included in the due diligence pack?
Leasehold title documentation, PBG building permit, SHM land certificate, banjar endorsement, construction specifications, financial projections, and for equity structure buyers the full investor structure framework, draft Shareholders’ Agreement, and Class B share allocation details.
Are nominee structures used?
No. Nominee structures are not used and are not legally compliant for commercial STR activity under Indonesian law.
What notarial process applies?
For leasehold buyers, the lease deed is executed at main structure completion. For equity structure buyers, the Shareholders’ Agreement is executed at handover when Class B shares are formally issued.
Taxes And Fees
Is VAT included in the purchase price?
Price includes VAT.
What transfer taxes apply?
Leasehold transfer tax on the lease object value applies and is split 50/50 between buyer and seller.
What are the notarial fees?
1% of lease object value.
What are the ongoing service charges?
- Management fee: 20% of gross revenue
- Service levy: 5% of gross revenue
What local taxes apply once I own the unit?
Land and Building Tax (PBB) of approximately 0.1-0.2% of the government-assessed property value annually.
What do utilities cost?
Electricity, water, cleaning, laundry and internet billing as per usage, pro-rated for common spaces.
Construction and Warranties
What warranties does Leylines provide?
5-year structural warranty covering load-bearing elements, foundations, and structural integrity 1-year fixtures and fittings warranty covering installed systems and joinery 1-year workmanship warranty covering architectural finishings and MEP.
How will I be kept updated during construction?
Regular investor updates throughout the build programme including site photography, milestone notifications, and construction progress reports via LeyLines investor portal. Monthly investor reporting activates from handover.
What happens if construction is delayed?
Clear penalties after 3-month grace period as per contract.
Move-In and Rental Readiness
When can I move in or start earning rental income?
Handover is targeted for December 2027. The rental programme activates immediately at handover. The first monthly investor report is issued one month after handover with distributions paid from that point.
How does the rental activation process work?
LeyLines Hospitality activates OTA listings at handover. Guest sourcing, pricing, and distribution begin immediately. No action is required from the owner.
Is the unit ready to rent from day one?
Yes. All units are delivered fully furnished and styled to LeyLines Hospitality specification. No additional furnishing, styling, or setup is required.
General Buyer Questions
Are there any hidden costs?
No. The purchase price covers the unit fully furnished and rental-ready. Additional costs to budget for are leasehold transfer tax split 50/50 with the seller, notarial fees, monthly service charges, and annual Land and Building Tax. All costs are disclosed before signing.
Can foreigners legally buy property in Bali?
Yes. Foreign buyers can invest through a 30+30 year leasehold or the Hong Kong equity structure. Both are fully legal under Indonesian law. Freehold ownership is not available to foreign nationals.
Can I resell my unit before completion?
Leasehold: subject to Leylines consent and notarial process. Equity structure: Class B shares can be transferred to an approved buyer with a right of first refusal applying.
Can I transfer my reservation to another buyer?
No problem within the reservation/due diligence period, provided the desired unit is available. Later pending developer approval and potentially subject to price increases over time.
What happens if construction is delayed?
Grace period of 3 months, clear penalties specified in contract after that.
Is the project fully licensed?
Yes. Pink-zoned tourism land, PBG building permit approved, SHM land certificate confirmed, banjar endorsement in place, and all required hospitality business codes held by the dedicated PT PMA.
Can I live in the property permanently?
Owner stays of up to two months per year are permitted under the management agreement without adjustment. Longer periods require a review of the management agreement.
Can I use the property for Airbnb?
Yes. Pink zoning legally permits STR operation. LeyLines Hospitality manages all OTA distribution including Airbnb, Booking.com, and other platforms from handover.
What yields are projected?
Base case net yield of 11.88% to 13.97% depending on unit type, after all operating costs, management fees, and rental tax at 88% occupancy. These are conservative projections benchmarked against actual Adaya Boutique Villas performance data.
Are yields guaranteed?
No. Projected yields are based on conservative base case assumptions and actual performance may vary due to seasonality, market conditions, and occupancy levels. LeyLines Hospitality has a verified track record of 13%+ annualised returns and 88% occupancy at Adaya Boutique Villas, which underpins the projections.
Is financing available?
Yes. Up to 40% of the purchase price can be financed, terms and conditions apply. Buyers who pay the full balance upfront receive a 5.5% annual guaranteed return during construction.
What happens if I miss a payment?
Grace period of 14 days, after that penalties apply as per contract.
Can the lease be extended?
The lease term is 30 + 30 years for a total of 60 years with the first 30 years secured and the next 30 years available for priority extension. LeyLines will manage the extension process directly with the land owner and two independent land appraisal professionals.
Who manages the building after completion?
LeyLines Hospitality manages all rental operations, guest services, housekeeping, maintenance, and financial reporting in-house. There are no third-party operators involved.
Are pets allowed?
No pet are not allowed.
Is building insurance included in the service charge?
Included in operational expenses, not service charge. Approximately US$500/year and unit.
Can I make changes or renovations to my unit?
Significant changes only allowed with developer approval, to ensure consistency of brand across the building.
