Buy Your Bali Dream Home
Whether you’re seeking an idyllic getaway or a smart investment opportunity, buying property in Bali is a thrilling prospect. However, the island’s complex legalities and diverse landscape can make navigating the process daunting. This ultimate guide will arm you with insider tips, must-knows, and expert advice to help you find and purchase your dream villa in paradise.
The most important thing to consider when deciding on where to buy your Bali dream home is the local community and your lifestyle. Do you want to be in the midst of the trendy vibes and buzzing beach clubs of Canggu, or do you prefer the serenity of the countryside? Find out villabalisale.com
Buy a Home in Bali: A Guide to Tropical Living
It’s also worth considering the zoning and legal requirements. Unless you’re an Indonesian citizen (and even then, it’s complicated), you can only legally own land in Bali through a “hak milik”—which grants you a freehold title for an indefinite period of time. For non-residents, it’s usually more practical to acquire a property via a foreign ownership structure such as a PMA or Hak Pakai.
Investing in a new build rather than an existing villa is often the smartest move, particularly if you’re looking to live in the less-populated northern areas of Bali. The lower prices and building costs here, combined with the fact that you can build a house to your exact specifications, means you’ll end up with a better, more spacious property than you could ever buy or build back home for a similar price.