Bali Property Blog

Why not Invest in Bali Real Estate

The first thing that most visitors travelling to the land of Bali would probably think of is “I really want to live here”. The amazing Indonesian island is addictive with pristine landscapes and serene waters along the white sand beaches. Bali is more than a traveler’s paradise. Touted as the most preferred tourist destinations across the world, what adds to its popularity is the genuine hospitality of the local people. Our expedition on the island could not have been more anticipated without the exclusive reviews of tourists travelling the place.

A galore of websites online, express the beauty of this divine land, which is home to ancient Balinese culture. No wonder the recent survey and assessment of the popular TLC broadcast indicated that the most hospitable and luxurious getaway for a lavish stay could just be allotted to the exquisite luxury villas.

However, tourist travelling to the place and other foreign companies are prohibited from owning any Luxury villa rental Suluban Cliffreal estate in Bali in their own name. But the good news is that there are several secure and legal prospects available for foreigners to acquire a property. There is the provision of the Nominee system that is presently the most preferred and popular alternative. The system allows investors to use or “borrow” the local person’s name to conduct an investment in real estate. The buyer’s consent in the case of a property dealing with the local person is quite important. The nominee cannot get involved in the act of selling, leasing or even mortgaging the property without the consent of the buyer.

An important legal document with the transaction is the (loan) agreement between both parties. When conducting property dealings in Bali, what we essentially found out was that the investor must apply for a permit to stay, which needs to be renewed every year. Potential buyers do have several other options as well, to acquire property including leasehold, right to use and more.

Bali offers a wide variety of provisions for both foreign as well as corporate investors. Bali property values appreciate at an average of about 20% on the island alone. In fact, the region is subjected to immense rise in tourism with each passing year. This has made renting properties on the island quite lucrative for investors. In fact, high end corporate and even foreign investors from across the world are looking for a stake in exclusive realty. The benefit ensures that the property business with real investors does get a boost while locals are provided with a stable job. It is the hospitality and superior services from employees that result in the constant affirmative outcome of the industry.

The Banjar system in Bali is one such aspect that potential investors must be quite familiar with. The distinct community of the Banjar requires every Balinese citizen to become a part of the “law of Bali”. It is the group which gets nothing much from the local administration but definitely causes an impact on the decisions made by the government. Well, this was what we found out on our investment in real estate which has a great impact on the property that we buy. In fact, it is the familiarity of the system that ensures more people can look at Bali to make profitable investments.



Discussion

  1. Gabrielle  June 4, 2015

    Actually, investment property in Bali is quite lucrative and attractive. which may be a problem is the system and bureaucracy that developed in this country. but looking forward prospecting excellent, certainly this would be a very profitable asset. we know that Bali is the main tourist locations in Indonesia, and become a major destination for tourist destinations in the world. would be very interesting if we could have the rights to the assets that exist in Bali.

    (reply)
  2. bali wedding  February 10, 2016

    Hi, i think that i noticed you visited my weblog so i got here to return the choose?.I’m attempting to in finding things to improve my website!I guess its adequate to use a few of your ideas!!

    (reply)
  3. yogaeka  April 20, 2016

    Aceland Property | Sumba – Flores – Bali Real Estate

    Aceland Property is a real estate (Land For Sale) investment group specialized in buying and selling land/property in sumba, flores, bali island.

    http://www.acelandproperty.com/

    (reply)

Leave a Reply to yogaeka
click here to cancel reply