You and. your guests will immediately appreciate this open floor plan which features an elegant interior that is bright and sunny and includes generous living spaces.
You and. your guests will immediately appreciate this open floor plan which features an elegant interior that is bright and sunny and includes generous living spaces.
Villa Palms. is. an off-plan project. The. perfect solution if you are looking to create your own space. in the heart of the Umalas neighbourhood, just minutes away from the blasting nightlife of Seminyak and. no more than 10. minutes driving to the nearest beach. A perfect location in a very tranquil, yet close. to. the busy tourist areas of Bali.
You and. your guests will immediately appreciate this open floor plan which features an elegant interior that is bright and sunny and includes generous living spaces. Further highlights at house include floor-to-ceiling windows.
Your search for the finest active living is over.
Villa Palms is available on a Leasehold contract.
Some features of Villa Turquoise
500 sqm of private and quiet living space.
Four bedrooms, five bathrooms, private parking.
Minutes away from the main tourist areas of Bali.
Private, large pool.
Approximate villa location
Villa specifications
Location:
Jl. Gang main road, Umalas, Bali
Land size
m2
Build area:
500
m2
Furniture
Bedroom:
4
Bathroom:
5
Parking:
4
Construction status:
Off-plan
Contract:
Leasehold
Contract lenght:
Price USD:
$995,000
Price IDR:
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What do i get when purchasing leasehold properties in Bali?
Once you sign the lease of your new villa in Bali you obtain the right to use the property for a specified duration, commonly between 20 to 30 years, with the possibility of extensions. Read more about leasehold properties in Indonesia
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. Read more about it here.
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 less 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 fearture less relevant.
Can i buy leasehold properties in Bali from abroad?
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 (Indonesian LLC equivalent).
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 of the land and by consequence the building on on top of it, reverting all the rights on the land to the landlord.
Can i resell my leasehold villa in Bali?
Yes, you can absolutely resell your lease to someone else! You can sell it immediately after you buy it, after a few years or at any point in time down the road. You will "sell" your right to use the land to someone else in exchange for for money.
Can i own land in Bali?
Foreign individuals and companies alike can't get full ownership of land as per Indonesian law. They can both access leasehold contracts and only companies (PT PMA) can buy freehold properties (SHM) up to 90 years.
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.
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