Bali is not only attractive for tourists. This exotic island is also filled with villa investment which is the destination of travelers from Australia, Europe and others to live. Bali’s environment and friendly locals offer tantalizing investment benefits from Bali freehold property for sale. Whatever form of investment, it will always provide excessive benefits for investors. Old or new lease agreements with owners of Bali freehold property for sale require careful review and due diligence.
fact, Bali presents a complex property investment potential, where there are serious positive and negative sides. This is an important factor that investors must include in long-term financial planning before deciding to look for Bali freehold property for sale.
Bali freehold property for sale is indeed a promising investment for the long term or short term. But you need to pay attention to your finances. Worst of all, when the low season comes and tenants will be greatly reduced. While the maintenance costs and servants’ salaries continue to run every month.
Legal Risk Bali Freehold Property For Sale, For Foreign Investor
There are important things that you must consider before deciding to buy Bali freehold property for sale. Legal risk! Indonesia has complicated procedures and ownership laws for freehold property, especially for foreigners. Simply put, unless you are the color of the country of Indonesia, you cannot have a freehold property. But there is a solution for foreigners who want to own property in Bali.
A less risky and more popular solution for land ownership by foreigners is long-term leases. The initial rental period is limit to 25 years. But it can be extended for a longer period of time. The total lease period is 80 years. The requirement is for foreigners to have to have a residence permit.
This is a problem that many foreigners or investors have questioned when they first came to Bali. Maybe most foreigners who first came to Bali think why they can’t get Bali freehold property for sale. But this is what makes them realize that not all can be obtained because they have money. Like Bali freehold property for sale.
Bali freehold property for sale is indeed a great investment in an exotic island. As long as you, foreigners have a residence permit, then you can enjoy your stay in Bali. The atmosphere, culture, and friendliness of the local people of Bali indeed attract investors. Moreover, Bali is included in the top destination of the world’s popular tourism.