Polymath · BaliThe Investment
What you buy, what it returns, what you keep after tax, and how you get out. The concept behind it sits on Project Polymath; the full archive with the sources and the P&L model is available on request.
Investment cap
- Total project valuation
- €2.0M PT PMA equity value
- Minimum investment
- €50,000 a 2.5% equity stake. Above the minimum, any amount up to €1.98M (99%)
- Capital calls
- 50% on signing the shareholders agreement, 50% three months after signing
- Payouts
- Quarterly, from the start of resort operations
- Ownership
- Shareholders own the PT PMA that holds the freehold land and the resort. Operations run under a management agreement at 40% of gross revenue, which covers all operating costs
The ROI plan
Same resort, same operating model, one variable: occupancy. The pessimistic case is our planning anchor: every number we commit to works at the floor. Rental income only; capital gains on the land come on top.
| Pessimistic50% occupancy | Realistic60% occupancy | Optimistic70% occupancy | |
|---|---|---|---|
| Average weekly rate | €1,850 | €1,850 | €1,850 |
| Revenue per year | €781,068 | €935,282 | €1,089,495 |
| Operating expenses (40%) | €312,427 | €374,113 | €435,798 |
| Operating net | €468,641 | €561,169 | €653,697 |
| Return (pre-tax) | 23.4% | 28.1% | 32.7% |
| Distributed return | 16.5% | 20.1% | 23.7% |
| Net after withholding | 14.0% | 17.1% | 20.2% |
| Capital back in | ≈ 7.1 yrs | ≈ 5.9 yrs | ≈ 5.0 yrs |
Year-one snapshot at today's rates, no annual growth assumed. Distributed return is what the company pays out after 22% Indonesian corporate tax. Net after withholding applies the 15% dividend withholding rate the Indonesia–Netherlands treaty sets for a portfolio holding (5% for a company holding 25%+, 20% without a certificate of domicile), before any personal tax in your country of residence. The plan applies from phase 2 onward, see the rollout below. Indicative, not guaranteed.
Three exits, per €50,000
Hold ten years
€90,103Collected net by year 10, break-even in year 7, and you still own 2.5% of an appreciating freehold asset.
Sell at three years
+90%€72,716 stake value at a conservative 8× the year-3 investor pool, plus €22,208 net payouts collected. +126% at a 10× re-rating.
Early exit, one year
+45%€65,297 stake value at 8× the year-1 pool, plus €7,008 net payout. +77% at a 10× re-rating.
Entry is priced at ≈6.1× year-one investor cash flow; comparable boutique hospitality assets change hands at 8–12×. Payouts shown net of withholding; sale values before any tax on the gain. Shares are private: fellow investors hold a right of first refusal and finding a buyer is your own responsibility. Indicative, not guaranteed.
Tax, by country
Indonesia taxes the company and the payout, then your own country taxes what arrives.
Netherlands
-
01
Corporate tax in Indonesia22%
The PT PMA pays 22% on its profit, and everything below is what is left, paid out quarterly.
-
02
Dividend withholding15%
-
03
At home
Indicative only and not tax advice: 2026 rates on the pessimistic case in year one, and treaty rates need a certificate of domicile on file, otherwise Indonesia withholds 20%.
Freehold, pink zone, Munduk
- 44.2 are on a jungle ridge in the hills of Munduk, elevated, private, quiet
- Freehold, bought not leased, held by the PT PMA. Land appreciates instead of counting down
- Pink zone: officially zoned for tourism, fully licensed commercial rental
- 16 units: 12 one-bedroom suites + 4 two-bedroom townhouses, ≈1,500 m² built
- Café & co-work, skill studio, gym & octagon, sauna & cold plunge, pool & lounge
- North Bali International Airport approved on this side of the island, breaking ground 2027
Why not the south of Bali
In the south you pay for the location. Our rate comes from the concept instead.
| South BaliCanggu · Uluwatu | MundukNorth Bali | |
|---|---|---|
| Land, per are | IDR 1.5–3B | IDR 60–100M |
| Nightly rate driven by | The location | The concept |
| The guest | Two to four nights, beach clubs, traffic | A week or longer, here to focus |
| Competition | Hundreds of villas, same product | A handful of concept-led stays |
| Where it's heading | Overbuilt and still building, so you sit among construction sites | Airport approved nearby, on the raw, clean-air side of Bali people now come to for wellness |
Already proven up here
Bali Time Chamber is a concept-led retreat in Munduk at roughly our nightly rate, on brand alone.
We don't expect 50% from day one
Even the pessimistic case assumes a resort people already know exists. We do not expect to hit 50% occupancy straight out of the gate, and the plan does not need us to: the resort opens in two deliberate phases.
Phase 01 · The proving ground · first six months
- Doors open with nightly rates cut in half
- Every stay builds the case: reviews, content, followers, a filled feed
- No monthly skill programs yet, the foundation gets optimised first
- Return during this window: ≈ 8.2%
Phase 02 · Full potential
- The full concept switches on: monthly skill-hacking programs, full rates
- Launches on six months of live social proof, not promises
- Maximum quality from day one: team run in, machine tested
- The opening itself is a marketing moment, a second grand launch
During phase 1, nightly rates run at half the full level, which puts the return at roughly 8.2%, half the pessimistic 16.5%, over those first six months. The ROI plan applies from phase 2 onward.
Every tier stays for free
Tier 1 · from €50,000
1 week stay free of charge per year · 25% discount at the restaurant
Tier 2 · from €100,000
1 week stay free of charge per year · 40% discount at the restaurant
Tier 3 · from €150,000
2 weeks stay free of charge per year · 50% discount at the restaurant · one skill-program voucher, free of charge
Reserve your stake
Reach out. You received this link and passkey from me personally, so reply to me directly.
Review the shareholders agreement, prepared under Indonesian law, available on request.
Reserve your stake, from €50,000. Capital calls follow the 50/50 schedule above.