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$90KIrama House is a boutique apartment development by Kaya Development in Pererenan, Canggu, one of Bali's most vibrant surf and nomad enclaves. Designed by Los Angeles architect Tyler Johnson in collaboration with Yichen Ke, the seven-unit project brings a distinctive international design sensibility to a neighbourhood celebrated for its organic creative culture.
The imported architectural perspective matters. It creates a visual differentiation in a sub-market increasingly saturated with locally-styled villa product, and that differentiation translates directly into recognisability on short-stay rental platforms.
A single configuration is offered throughout: 1-bedroom, 1-bathroom apartments of 45 m² each, fully furnished and priced at $90,000. This makes Irama House one of the most accessible entry points into the Canggu rental market without sacrificing location quality.
The $90,000 price point combines with Pererenan's proven short-term rental track record of 80-plus percent peak season occupancy and documented returns of 12 to 18 percent averaged across the year. The product economics are tight and designed specifically for yield-focused investors.
On-site facilities include a swimming pool, lounge, garden, and parking. Foreign ownership runs through PT PMA. Completion targets June 2027 under a 28-year leasehold with an optional 10-year extension, providing up to 38 years of combined ownership.
For investors seeking the most accessible possible entry point into Pererenan with design credibility courtesy of a high-profile international architect and yield economics underwritten by a documented rental track record, Irama House covers that specific combination.
1BR Studio in Pererenan
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$90K