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Real estate in Bali: varieties and tips for choosing

08.06.2024
Real estate in Bali: varieties and tips for choosing

The island of Bali is part of Indonesia and has all the advantages associated with the growing economy and geographical location of this country.

Distance from Europe and a neutral attitude to many world events have become another reason for the attractiveness of local real estate. We offer homes for sale in Bali from a trusted company.

Advantages

When it comes to Bali, everyone has associations with a warm climate and the sea, paradise conditions for relaxation. However, the island is large in area; there are facilities not only on the coast, but in the interior. They may cost less, but provide recreational conditions no worse than seaside ones.

Real estate in Bali and its owners are protected by the laws of the country; legally acquired property is not subject to confiscation and encumbrances for far-fetched reasons. This allows you to use the purchase of objects as a long-term investment. This process is facilitated by growing demand from people from all over the world, so it is guaranteed that it will be possible to sell a house or villa for more than it was purchased for.

Purchasing real estate makes it easier to use it rationally. If you do not intend to live here on a permanent basis, you can rent out the property and receive income, because the demand for villas is at a high level, and you can always find people willing to rent a home.

There is a wide variety in area, level of comfort, price, which allows people with different financial capabilities to choose a specific object.

Features of choice

When selecting a specific property, it is worth considering the following factors:

  1. Location of the house and plot. It must have good transport accessibility so that it can attract tenants, or be able to move conveniently when living.
  2. Security, the level of security in the region and the specific location of the villa or other facility. This is especially important if permanent residence is not planned.
  3. Necessary infrastructure in the area where the residential property is located, availability of utilities.
  4. Expenses for maintaining the property.
  5. Type of ownership of real estate and the plot of land on which the object is located. In Indonesia, there are four types of ownership; you should give preference to those options where you can rebuild the house or add other premises, donate it, bequeath it or sell it at your discretion.

When choosing and purchasing, you need to study all the documents, take into account the peculiarities of Indonesian legislation, and consult with a lawyer.

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