property in bali – an investment in paradise

 People always want to invest in real estate especially when it’s just not about owning a property but to buy one which generates revenue as well. In recent years investors & tourists who love vacation homes have developed a taste for Bali. It offers you diversified cultures & traditions. Today, you can find almost everything that you want or need. From beaches to the full range shopping, restaurants, Crazy night life, it has developed a tropical blend of Indonesian & foreign culture.

Bali’s central location between USA, Australia and Europe is what makes it attractive. Regional low cost air lines are constantly helping in bringing more & more tourists & residents. The low cost simple life as compared to other regions in the world, many foreigners who visit end up investing in the real estate of Bali. The increasing trend of tourism makes their investment in Bali’s real estate a successful business. You can rent rooms, apartments & villas to tourists. As per the recent survey many villa complexes & hotels enjoy ROIs up to 10%.

Another plus side is that there are tax deductions that owner can take in order to deduct interest on the mortgage, insurance repairs & maintenance. So if you are looking to invest in Bali, you will need the following documents for free hold & leasehold.

For land

Copy of land certificate plus land lease agreement (only for leasehold land)

Copy of SPTT / PBB

Copy of passport / ID / KTP of each owner mentioned on the land and lease certificate

For House

Same as above

Copy of IMB – building permit specifying dimensions and materials

Receipt of the construction tax (if applicable)

List of any items (fixtures/fittings) that are not included in the sale

There are many agents who you can find in Bali & online as well. However I have been dealing with Kibarer Property since I bought my first villa. I found them extremely professional, honest and very cooperative. From luxury in Seminyak to the affordable family house in Bali, they can find you the most suitable & affordable real estate in Bali that you are looking for.