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It's not just a place to live
It’s being able to work from home on a tropical island, and being part of an exclusive entrepreneurial ecosystem, that offers a unique lifestyle.
With Indonesia ranking 5th in the world as the country with the most startups, The Start-up Island is the smart place to make your dreams come true.
- Buy an apartment with 1 payment for 10 years.
- Live in an exceptional natural environment, without noise or pollution.
- With an expected return of 10-20% per year.
- From £62,000, mortgage free
- A premium residence with Beach Club, Co-working space, infinity pool, & other facilities.
Visualize a tropical paradise
Just as you imagined, welcome to Karimunjawa Island
The Karimun Jawa archipelago has everything to offer entrepreneurs who enjoy trekking and snorkelling along a pristine, white sand beach.
Only a four hour trip from Semarang, you are soon surrounded by a natural beauty so stunning, you wish you could stay here forever.
Well, now you can! The main island is Palau Karimunjawa, where the eco-friendly residential complex is located.
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Why Karimunjawa?
Quite simply, it offers all the comforts of the West in the heart of paradise.
- A safe , unpolluted island, with a pleasant climate throughout the year (between 24 °C & 30 °C).
- A 30 minute flight away from Semarang International Airport.
- All the services you need, drinking water, electricity, WiFi, food stores and ATMs.
- Its own 24/7 police station and medical centre.
But wait… there’s much more!
6 great reasons to join us at Karimunjawa
A safe place
Although nothing bad ever happens, they still have their own police station and medical centre.
You won't miss anything
You have everything you need for a comfortable and carefree life.
Cost of living
Very low cost of living compared to the West. Get more for your money.
Easy to get to
Direct flights to Semarang International Airport and by boat from Jepara.
Travel around
Buy or rent a motorcycle for about £27 / month and travel the island from north to south in only half an hour.
Ecommerce
Tokopedia, the Indonesian Amazon, allows you to order online. WithIn 2 to 3 days they deliver to your home.
What will the residence look like?
At a glance, this beachfront residence spans 376,736 square feet.
On closer inspection, you’ll discover a resort where wellness, health, leisure, and entrepreneurship come together as a perfect combination.
Featuring a residential area and main building with common facilities, it’s a sustainable and affordable alternative to owning a home, in just 1-5 years.
Looking for a place to settle down in paradise? Here’s your opportunity to live in a premium residence with a gateway to Indonesia’s start-up ecosystem.
Already under construction! Click here to check out the videos.
Everything you need, throughout 2 floors
Beach Club with adult-only pool and family pool.
Gym & Sports Club with tennis court, basketball court and football field.
Co-working space and lounge for multiple use such as events or parties.
Restaurant and kitchen area.
Supermarket and laundry.
And for a community fee of only £58 / month.
Opening: 2023
Play Video
*The layout of the property in this video is different from The Startup Island project. This video belongs to HGTV.
Your own home, with (almost) zero environmental impact.
Inspired by NASA, we build houses with soil: the most ecologically abundant and resistant material that exists today.
Thanks to an innovative construction system and without the use of machinery, the environmental impact of your house is minimal.
All the houses are studio apartments of 345,000 square feet with:
- An open space containing bedroom, living area & kitchen.
- A complete bathroom.
- Drinking water.
- Electricity and fast Internet
It’s all yours! Decorate to your taste, furnish how you like. Share it with family, a group of friends, or even your pet.
And that’s not all: we can rent out the apartment for you, providing a monthly return. Let us take care of everything!
Live ecologically
We are committed to the conservation of Karimunjawa
Therefore, in addition to building very low-impact homes, we will…
- Install solar panels to supply common spaces with energy.
- Acquire a solar desalination plant to supply water to homes & part of the local population for free.
- Plant corals to conserve the island's reefs.
- Organize beach clean-ups.
As a future resident, we encourage you to immerse yourself in the local culture from day one and participate in the daily life of the island to further enrich your experience.
The ideal environment for Start-up magic to happen
If you want to be a winner, you have to surround yourself with winners.
We have already discovered that living with people who share the same entrepreneurial DNA, raises you higher.
We want your ideas flow and put them into action, while co-existing with other digital nomads.
Co-working with intelligent and passionate people who think like you and experience life the same way as you do.
That is why we have created Startup Factory.
Start-up Factory
A training programme for entrepreneurs with Hackathons that include talks from mentors on the latest in the digital world.
The objective is very clear: to give you all the tools you need to launch new products and services to the market.
We make it very easy for you; the decision is all yours.
And in case you still have doubts, we are going to give you a little push…
Investment with an expected annual return of 10-20%
Estimated at about £443,000 in 78 years, without expenses.
Sounds good right?
The formula is as follows:
- Buy your house and pay for it with only 1 payment, or by installments.
- We look for tenants and you receive your monthly income.
Yes, every month, even if your house has not been rented.
Because we distribute the profit among the owners who use our rental service.
This way, we assure a yearly passive income.
Now, let's talk numbers
In summary
Buy your house now from £61,550 with a concession of 77 years (until the year 2100). The price then increases to the standard price of £110,720.
After making the reservation the house is paid for in 1 payment or with instalments over 10 years.
We guarantee the rent by contract. Request by email at info@thestartupisland.com
Click below to find out about the cost of 1 apartment:
Price for 1 owner
Price for 1 owner
Number of owners: 1
Single payment: 69.500€
Payment in installments during 10 years: 99.500€ (reservation 9.500€ + 120 monthly payments of 695€ + last payment of 6.600€)
Fixed costs
From the time of the apartment handover, monthly fixed costs are as follows:
- Community fee with access to all common areas: 65€/month
- Water has a fixed fee of 6€ / month, plus your consumption.
- Electricity and Internet service: approx. 35€ / month
- Extra: necessary repairs due to normal use of the property.
Live in your house or rent it, with an estimated monthly return of £440-1770.
How it works
The steps to buying your house in Karimunjawa:
STEP 1
Contact us and we will prepare your reservation contract.
STEP 2
Pay the monthly fees and every three months we send you a detailed report on the status of the project.
STEP 3
During 2023 you have your house, ready to live in or rent out.
Who is behind The Startup Island?
Let us introduce ourselves…
We are: PT Levels Hotels Indonesia, a government approved local company. We create environments with everything you need to launch start-ups.
In 2014 we organised our first event, “Start-up Mansion”, where 32 Spanish entrepreneurs living in New York attended a unique acceleration experience with the aim of developing different digital projects.
Since then, we have created experiences around the world faithful to our formula for success: providing ideal environments for digital entrepreneurs to turn their projects into reality.
In recent years, several nomads proposed creating the combination of a quiet lifestyle on a tropical island with an entrepreneurial theme.
And here we are!
Carlos de Ory
Investor & Founder
Carlos is a mentor in Start-up Accelerators, specialising in Marketing, SEO and SEM. He is also the founder of Happy Low Cost, one of the most popular travel websites in Spain. He has 6 years of experience in the Real Estate sector in Indonesia.
Edher Irwantoro
Project Manager
With several years of experience as a general manager of hotels in Karimunjawa, Edher has hundreds of key contacts in Semarang, Jepara and Karimunjawa.
Pascual Aparicio
Project & Business Advisor
Pascual dedicates himself to advising in the field of Entrepreneurship and Innovation. He currently manages the Orange Startup Program #Lánzate. He is also the founder of Madrid Tech City and a mentor in entrepreneurial initiatives such as Bridge For Billios, Conector and Open Future.
Álvaro González Valiente
Hotel Manager Advisor
Alvaro is an experienced Hotel Manager with management of several 4 and 5 star establishments in Spain, Morocco and France on his resume. His strengths are retail, occupancy management and overbooking.
Let’s summarise…
Join The Start-up Island and get:
An eco-friendly house with all the mod cons.
Experience luxury living in a premium residence on a stunning tropical island.
A start-up ecosystem that empowers you to bring your ideas to life.
An investment opportunity with a high annual return.
Already made up your mind? Contact us now:
FAQ
Let’s remove any doubts
The Project
What details can you share about your company?
We sign 2 contracts: one before making the reservation, and another one once the construction is finished with our Indonesian company PT Levels Hotels Indonesia, (NIB 020000090380, registered in section KBLI 68110) , which according to local legislation, grants us a license to carry out business for the sale and rental of real estate. including houses, apartments, residential buildings and for other uses.
When do I start paying monthly fees?
The monthly installments for the purchase of the house have to be paid the month following the reservation payment. The community costs are paid once the house is finalized and delivered.
When will I have access to my apartment?
The inauguration of the residence is scheduled for 2023.
How do I pay the monthly installments?
You should pay via bank transfer. Direct debit is not possible.
What happens if there is a delay or non-payment of a fee?
Failure or delay in any payments toward the purchase of the house or its community fees will result in cancellation of the contract and loss of the property.
For this reason, we advise you to pay the fees at least two weeks in advance and by fast, affordable means, such as Transferwise (Wise).
How do I know that you have received the transfers?
We will send you a confirmation email.
What taxes are included in the price of the house?
In Indonesia, you don’t have to pay extra taxes on the house. We are the owners of the land and therefore responsible for paying the fees. You only have to pay taxes, if necessary, on the benefits obtained, in your country of residence.
Do I have to pay any management fees?
Together with the reservation, we will sign an online contract through the Pandadoc App, which is a trusted third party and is fully valid. The price indicated on this website is the final price of the apartment, all taxes included.
If you wish, we can sign a contract in person in Bali, Indonesia. The management costs would be covered by you (about £220)
What tax obligations do I assume as the owner when renting the property?
If you’re UK resident, you’ll normally pay tax on your foreign income. But you may not have to if your permanent home (‘domicile’) is abroad. We recommend consulting each situation with an advisor.
How are you going to keep me informed about the news?
Every three months, and with total transparency, you will receive a detailed report of the project’s progress.
Can I withdraw from the project at any point?
In the event that you decide to terminate the contract, none of the amounts paid will be returned.
Does the project go ahead even if not all the houses are sold?
Yes, according to our forecasts, all the apartments will be sold by the end of 2023.
What happens after the 80 years of concession on the house?
According to Indonesian law, it is not possible to assign the property to the buyer for life. To be more specific, after 79 years and 11 months we must sell the land to another company.
What legislation applies to all procedures?
Contracts are subject to Indonesian law.
Renting my house
The expected rental income is £440-1,770 / month, is the estimate net or gross?
The estimate is gross, not including expenses.
It’s an approximate calculation since the rent in year 2080 will be at least double or triple the price today (2023).
As a company we are interested in having a high occupancy rate since we obtain a commission for each rental.
How are you going to rent the houses?
We will market packages to companies that organize retreats and immersion experiences. We will publish the houses in portals such as Booking, Hoteles.com, Airbnb or Agoda, … and we will organize our own experiences, like marketing courses, yoga retreats, fitness retreats, cooking classes, diving etc.
If I rent my apartment, how about he consumption of water, electricity and Internet?
You will only have to pay the average cost of consumption for all apartments rented each month.
Do I have to equip the house to rent it?
Yes, all apartments must be furnished, have air conditioning and have water, electricity and internet services.
What if I want to stay in my apartment?
If you leave us your house to rent on your behalf, we need you to notify us at least three months prior to your wished stay.
How do you send me rental income from my apartment?
Every three months we will send you a detailed report on the rental of your home together with the bank transfer.
Life on the island
How do I get to the island?
Karimujawa is very well served by plane. Its airport connects with Semarang and Surabaya, two of the main cities in the country. The journey takes about 30 minutes and the price of the flight is around £22.
Another option (although slower) is a ferry that leaves from Jepara; The journey takes around 2 hours and the price is about £9 per passenger.
What is the cost of living on the island?
Indonesia is one of the most affordable countries in the world. To give you an idea, a foreigner can live in the country with an average monthly expense of between £177 and £700 (beside housing).
How safe is it to live on Karimunjawa?
The island’s residents are very calm and friendly. Being a small population (about 10,000 people) many of them know each other and the atmosphere is one of closeness and familiarity. In addition, the residence will have 24/7 surveillance.
Is there fast internet on the island?
Telkomsel is the leading telecommunication company in Indonesia, offering a fast 4G mobile connection (up to 100 Mbps) at a price of around £2.60 for 15 Gb.
This company also offers cable connection, at a speed of 100 Mbps.
Are there any nearby stores to stock up on food, medicine and clothing?
Yes, in the residence you will have a supermarket where you can buy what you need.
In addition, you can place your orders online and receive them in 2 or 3 days.
What are the island's health services?
Pulesmas Karimun Jawa is the island’s health emergency centre, with 24/7 service and easy access.
The closest hospital is in Jepara, about 80 km by boat. That is why it’s important that you take out medical insurance.
Where can I get money for local purchases?
On the island there are fee-free ATMs with Bnext, Revolut or N26 card.
How do I get around the island?
The most popular vehicle on the island is the motorcycle. You can buy a second-hand one for around £350 and sell it when you no longer need it. You can also rent it from £27 / month.
The residence and the houses
On which part of the island is the residence going to be located?
In the north of the island, since it has ample space to build the residence and is very close to the airport.
Can I choose the house I want?
Yes, as you will see in the contract, we offer the houses in registration order.
Do the houses come furnished?
You can furnish the apartment to your taste with local companies or with IKEA. We will also offer to furnish the house. There will be three different design concepts with varying budgets.
What security measures does the residence have?
Access to the residence will be granted by identification card.
There will be security cameras, both at the entrance of the residence and at the houses.
You can also install an alarm in your home.
Can I live there with my family?
Of course. You can come to live or spend time on the island with your family.
You just have to remember that children under 16 cannot access the Co-working space or the Gym. The rest of the facilities are totally free for the little ones.
Can I bring my pets?
Yes, the residence is pet friendly. The only thing is, your furry friend cannot access the common areas.