Your money your choice. However, if you are looking for beautiful island called Bali within the Indonesian archipelago where you can live a peaceful live and invest in a rental business like AirBnb then yeah. Bali could help you achieve your life goals.
How hard is it to buy property in Bali?
Not as hard as you might think, you can buy properties from anywhere on planet earth as long as you have an internet connection, your ID and the money to pay for a property. We take care of the whole process start to finish.
Do i need a visa in order to buy properties in Indonesia?
You are not required to get any specific visa when purchasing a villa for private use in Bali. However, if you are looking to generate income from it you might have to open a PT PMA as it would be illegal to run a business without a company.
Do i get a visa when buying property in Bali?
No, purchasing/leasing a villa or any other property does not entitle you to any visa. You might want to consider applying for the correct visa based on your needs.
Do i get a visa when buying property in Bali?
No, purchasing/leasing a villa or any other property does not entitle you to any visa. You might want to consider applying for the correct visa based on your needs.
Are houses cheap in Bali?
Cheap and expensive are very relative terms, however, when compared to other international markets, Bali properties stand out for their benefit-cost ratio.
Can i run an AirBnb without establishing a company in Bali?
No, It is possible to do so only by establishing a foreign owned company in Indonesia, PT PMA, which is the Indonesian equivalent to a LLC.
Can i own properties in Bali?
Foreign individuals and companies alike can't get complete ownership of land as per Indonesian law. They can both access leasehold contracts but only companies can buy freehold properties (SHM) up to 90 years.
General questions
Frequently asked questions
What is a leasehold contract?
Leasehold contracts provide a practical solution for foreigners looking to enjoy property ownership in Indonesia without becoming citizens.This arrangement functions as a "right to use" the property for a specified duration, commonly between 20 to 30 years, with the possibility of extensions.
What are the disadvantages of a leasehold property in Bali?
As you do not own the land and the lease contract is in force for a determined amount of time you are likely not going to enjoy capital appreciation overtime. However, with an average yearly yield between 12-25% Bali villas pay themselves back overtime making this problem less relevant.
Can i buy leasehold properties in Bali?
Yes, you can buy leasehold villas or land in Bali both as private individual without the need for a visa and as a company, via a PT PMA.
How many years should my villa have to have a good resale value?
In our experience a minimum of 20 years ia advisable as the market is more used to absorbing contract that are 20, 25, 28, 30, 35 years. Below 20 you still have a market for the right price.
How many years should my villa have to have a good resale value?
In our experience a minimum of 20 years ia advisable as the market is more used to absorbing contract that are 20, 25, 28, 30, 35 years. Below 20 you still have a market for the right price.
Can i lose money by purchasing a Bali leasehold villa?
A leasehold contract is a rental contract with a nicer outfit. Time is your worst enemy, as it is a limited resource in a leasehold contract for a Bali property. Everything boils down to your goals and expectations. If you have the capital to pay 30 years rent in advance the discount is significant and you can leverage that discount to make money or live in a new home.
What happens when my leasehold runs out in Bali?
When the lease for a Bali villa or land runs out you will lose the right to use the building and the land on which it sits, reverting that right to the landlord.
Can i get financing for leasehold properies in Bali?
Foreign individuals do not have access to line of credit provided from banks in Indonesia especially for leasehold properties, as leasehold does not give you the right to own anything, so banks will be less likely to finance you. You can access private financing.
Can i resell my leasehold villa in Bali?
Yes, you can absolutely resell your lease to someone else! It's called flipping and is very common here in Bali too. You simply "pass" your contract to someone else for money.
Is it safe to buy leasehold villas in Bali?
By working along with professionals and licensed real estate agencies yes, smooth sailing. If you want to deal everything by yourself, yes, very much possible at a higher risk of losing money.