Buying Property in Bali as a Foreigner: Made Easy with A Passport

Buying Property in Bali as a Foreigner – If you’re a foreigner dreaming of the perfect property in Bali, now your dream is within reach! With just a visa in hand, you can now own property in Bali – no hassle with additional documents. If you’re a foreigner dreaming of the perfect property in Bali, now your dream is within reach! With just a visa in hand, you can now own property in Bali – no hassle with additional documents. So, if you’ve ever imagined of owning a property in this tropical paradise, there’s never been a better time to turn that dream into a tangible reality.

Understanding Property Ownership in Bali

Before deciding to buy property in Bali as a foreigner, it’s essential to understand the basics of property ownership. In Indonesia, there are two primary types of property ownership: Freehold and Leasehold. Freehold allows you to own the property and the land it sits on indefinitely, while Leasehold grants you the right to use the property for a specified period, typically 25 or 30 years.

How to Buy Property in Bali with a Passport?

Based on the recent update from the Ministry of Agrarian Affairs and Spatial Planning/National Land Agency through Government Regulation No. 18/2021, foreigners are now empowered to acquire property in Indonesia with ease. This groundbreaking regulation eliminates the necessity for a Limited Stay Permit Card (KITAS) or a Permanent Stay Permit Card (KITAP). This new law not only simplifies property acquisition just by showing passport but also boosts Indonesia’s competitive edge among neighboring countries.

Furthermore, Government Regulation No. 18/2021 broadens the scope of property ownership options for foreigners, particularly in apartments. With just a passport, individuals can now access rights such as Hak Pakai (right to use) or Hak Guna Bangunan (right to build) on various types of land, including state-owned, property rights, and management rights land (HPL).

However, it’s crucial to note that passport validity is a key requirement, mandating a minimum validity of 36 months from the purchase date. Additionally, specific criteria regarding land size and minimum property price apply. While individuals can own a single plot of land, it must not exceed 2000 m2. Moreover, minimum prices for property acquisition are set, with landed houses available for purchase starting at IDR 5 billion ($315,000) and flats/apartments at IDR 2 billion ($126,000). This landmark regulation marks a pivotal moment in Indonesia’s real estate landscape, fostering accessibility and opportunity for both domestic and international investors alike.

H2 Eager to Buy Property in Bali at Ease?

Look no further! With 15 years of experience in Real Estate Development, Kanaan Land creates exceptional properties that deliver excellence in design, quality, investment potential, and ease in the payment process. Our end-to-end legal and financial services ensure a seamless and secure transactions for your peace of mind.

Conclusion: Buying property in Bali as a foreigner has become more accessible with recent regulatory changes. The updated Government Regulation No. 18/2021 allows foreigners to acquire property with just a passport, eliminating the need for additional permits. However, it’s essential to consider passport validity, land size criteria, and minimum property prices. If you’re eager to buy property in Bali seamlessly, Kanaan Land, with 15 years of experience, offers excellence in design, quality, and a secure transaction process.

Referensi:

https://www.kompas.id/baca/english/2023/08/03/en-warga-asing-kian-dimudahkan-membeli-properti
https://voi.id/en/news/333514

Hideaway Village Bali Ubud: Prime Spot for Smart Investment

Hideaway Village Bali Ubud – In recent years, finding real estate located in strategic locations has become increasingly crucial, as the more strategic the location, the more promising the potential for profitability. Consequently, savvy investors tend to buy properties situated in strategic hubs, recognizing the advantages they offer in terms of accessibility, visibility, and market demand.

Nearby Location at Hideaway Village Bali Ubud

Nestled amidst the lush landscapes and cultural richness of Bali, the property stands as a hidden gem for those seeking smart and lucrative investment opportunities. In this article, we will explore the prime locations surrounding the villas, where every corner whispers the promise of prosperity:

1) 10 Minutes Tegalalang Rice Terrace, Bukit Campuhan, & Monkey Forest

What makes the property one of the best investments in Bali is its remarkable proximity to renowned attractions. Just a brief 10 minutes away from iconic destinations in Ubud such as the breathtaking Tegalalang Rice Terrace, the scenic Bukit Campuhan, and the captivating Monkey Forest. This strategic location not only enhances the overall appeal of the property but also ensures convenient access to the cultural and natural wonders that define the essence of Bali.

2) 15 Minutes Ubud Market, Tirta Empul, & Ayung River Rafting

What makes Hideaway in Ubud one of the best investments in Bali is its remarkable proximity to renowned attractions. Just a brief 10 minutes away from iconic destinations in Ubud such as the breathtaking Tegalalang Rice Terrace, the scenic Bukit Campuhan, and the captivating Monkey Forest. This strategic location not only enhances the overall appeal of the property but also ensures convenient access to the cultural and natural wonders that define the essence of Bali.

3) 30 Minutes Goa Gajah, Tegenungan Waterfall, & Gunung Kawi Temple

Strategically located just 30 minutes away from renowned attractions such as Goa Gajah, Tegenungan Waterfall, and Gunung Kawi Temple. This fully managed villa presents an exceptional investment opportunity seeking a harmonious blend of luxury, convenience, and cultural richness, making it an ideal choice for savvy real estate investors.

Why You Should Invest in Hideaway Village Bali Ubud?

Besides its super strategic location, here are the key factors of Hideaway Village Bali Ubud become the ultimate choice for real estate investment in Bali.

1) Freehold/Leasehold 60-Year

Hideaway Village Bali Ubud offers the unparalleled advantage of Freehold/Leasehold 60-year ownership, ensuring your investment stands the test of time

Besides its super strategic location, here are the key factors of Hideaway Village Bali Ubud become the ultimate choice for real estate investment in Bali.

2) Secure Investment

This newest villa not only promises opulence but also assures a secure investment. Designed exclusively for savvy investors to provide a steadfast investment opportunity for financial future.

3) High ROI & Capital Gain

From its elegant architecture to its top-notch amenities, each detail has been thoughtfully curated to ensure maximum returns and enduring value. Elevate your portfolio and indulge in the promise of high returns with this prestigious villa, where dreams of financial
prosperity seamlessly blend with the allure of unparalleled comfort and sophistication.

4) Land Ownership

Offering 100% land ownership, this fully managed villa investment beckons you to embrace a world where your investment isn’t just a purchase; it’s a testament to your absolute control and authority.

5) Fully Furnished & Private Pool

This newest Ubud villa not only presents an enticing prospect with its high returns but also stands out as a fully furnished haven, featuring an exclusive private pool.

Get Free Settlement Charges

Eager to own a villa in Ubud? Seize the opportunity now! Secure your purchase and enjoy free settlement charges along with a free guided unit tour. Don’t miss out on this incredible offer— limited units left!

Conclusion: The property stands as a promising real estate investment in Bali. With its strategic location, secure investment feature, and exclusive perks make it a noteworthy consideration for those looking to make a sound investment in the Bali real estate market.

Author: Webmaster KL