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Yes, but again, good information and analysis is the key. You should always consider land banking as a long term investment. At least 7 to 10 years. It may be a shorter term, but always plan to take the long view. On occasion, a distressed property may come available which is priced low for a quick sale. We can work with you on these opportunities, but they do sell fast so it is advisable to be prepared to act quickly. Please consult with us in advance so that we can plan appropriately with you.
It depends, Some land purchases are great investments, but the price of the land, the location and comparable land prices are critical information points which you should know before you buy.
Yes, you will often get more for your money that an existing completed villa. We have seen villas in a development appreciate by 5% to 25% during the construction phase.
No, not always. Much depends on the developer's scheduled building time. In the past, most tried to plan the building during the dry season. Keep in mind that building progress is dependent on the weather. Bali's weather has become unpredictable as a result of climate change and this often causes delays in construction.
The short answer is VERY DIFFICULT!!! If you are trying to build a villa long distance...Do Not Do It On Your Own!!! EVER! Hire a Professional Consultant!!! If you are dealing with a development, it is a different story, and your payments can be structured and based on performance and construction progress.
Leasing a villa is one of the easiest real estate transactions in Indonesia.
Financing is not available for non-residents. You should always plan on having to make a cash transaction, so it is really important to know your budget before you arrive and to make arrangements with you bank for transfers. If you are a resident and have a permit or Kitas, you may be able to get a loan.
As a foreign national you can secure property by changing the status of the land certificate. The government has granted foreigners the right to secure land by converting from the original ownership land certificate to a right to use " Hak Pakai" as an individual or the right to build on the land "Hak Guna Bangunan"for business.
Only if you are dealing with a professional real estate company and closing your deal with a licensed PPAT Notaris or a Advokat who has done proper due diligence.
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