Having a Villa in Bali Sounds Amazing, right?
Imagine waking up to the sound of waves gently crashing on the beach.
You step outside onto your private patio and sip a cool drink by your very own pool. Ahhh, this is the life!
But then you start thinking about everything that could go wrong with buying a villa in Bali.
The legal stuff sounds super confusing. What if you accidentally break some weird law? That would be a nightmare!
And then there are the horror stories you’ve heard – people getting ripped off by bad sellers or dealing with terrible property managers.
No thanks! You worked hard for your money and didn’t want it to disappear into a money pit.
With all these worries spinning around in your head, your Bali dream villa is starting to feel more like an expensive headache. Maybe you should just forget the whole thing?
Hold up, there’s a way to get that Bali paradise safely!
This guide will show you the exact steps to take so you can buy with confidence. There are no legal traps, no getting ripped off, or costly mistakes.
We’ll explain the whole process in a super simple way so you know exactly what to do.
With this guide, you can finally stop stressing and start relaxing in your piece of heaven. Your Bali dream is finally within reach – without any nightmares!
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1. Find an agent
To safely and legally buy a villa in Bali, you need a trustworthy real estate agent or property developer to help you navigate the process.
At Bali Villa Realty, we can help you find the most profitable land, build the best villa on the market, offer the best price, and handle all the paperwork. We can also provide you with expert advice on purchasing property in Bali and answer any questions you have about the process.
2. Choose a location
There are many amazing spots and beaches to visit and live in Bali.
However, when choosing a location to buy a villa in Bali for investment, you must consider the high ROI, the major attractions that attract tourists, and your budget.
At Bali Villa Realty, we not only focus on developing the fastest-growing and most popular suburbs in Bali, such as Canggu and Seminyak…
But also finding emerging areas could give investors exponential returns with lower investment capital.
Another point is that we recommend visiting Bali before purchasing a villa to explore and feel all areas and neighborhoods, visit schools if you have kids, and estimate how much money the Bali lifestyle may require.
You will want to ensure that the villa is close to all the amenities you need, such as shops, restaurants, and beaches.
Narrow down your list of locations to the three best, and talk to one of our senior advisors at Bali Villa Realty about the options for building a villa in the selected locations.
We can review your investment goals, help you find the best spot, and give you a personalized investment plan based on your budget.
3. Choose a villa layout and make a list of requirements
If you want to ensure that your villa in Bali is perfect for you, it is important to choose the right layout.
There are many different villa layouts available, so you need to take some time to consider what you want and what will best suit your needs.
It will also affect the price.
Once you have decided on the layout, you can start looking at different villas in Bali.
Some things that you may want to consider when choosing a villa layout include:
- The number of bedrooms that you need
- The number of bathrooms and if you need a bathtub or open shower
- The size of the living area and whether it is an enclosed or open space
- The size of the kitchen and appliances
- A pool and a garden
- A parking lot for cars or only for bikes
- The type of furniture that you want
- The decor that you want (as some villas can feature some Balinese antiques) and many more
Once you have made a list of your requirements, our team can create a customized villa layout based on hundreds of completed villa projects in our portfolio and extensive expertise in construction and architecture.
4. Build or make renovations and improvements
Once you have found the perfect location, decided on the villa’s layout, and selected the materials you want, you can either build your villa or find one that ticks all the boxes.
If you are unfamiliar with construction on difficult grounds, it is a good idea to hire an architect or engineer to help you with this process.
Ilot Property Bali offers five services: Architecture, Construction, Development, Property Management, and Real Estate.
Our engineering and development team is knowledgeable and experienced. We know what common issues Bali villas may have, so we avoid them when we build villas for sale.
Our time and cost-efficient technologies also help us save up to 40% of construction time.
If you buy a villa in Bali that was built a few years ago, you will likely have to do some renovations or maintenance, such as waterproofing, painting, checking window sealing, and maybe minor repair works on plumbing and wiring.
When you buy a villa in Bali from Ilot, you purchase an easy-to-maintain property.
We create crawl spaces for convenient access to pipes and wires… and longer building durability.
5. Hire property management to maximize profits
Rental prices in Bali are high, and vacation properties are always in demand.
A regular property manager can help you find the right tenants, collect rent, and care for maintenance and repairs.
Ilot Property Bali management go the extra mile. We offer:
- A pay-performance payment model that also provides 24/7 premium services for your guests in 5 languages.
- Take over all marketing, and make sure your villa is booked all year round.
- Maintain the villa and
- Manage bills and taxes for you.
FAQs
1. How much does a villa in Bali cost to buy?
It costs from $250,000 to a few million dollars to buy a villa in Bali, depending on the location, size, and quality of the building, amenities, and length of the lease.
Add to this the costs of setting up a company, getting a valid stay permit, and paying legal fees and taxes, which will vary depending on your villa and investments.
In our blog, we described in detail some of the costs you may face as a villa owner in Bali.
2. Can foreigners own villas in Bali?
Yes, foreigners can lease a villa in Bali for up to 80 years but cannot own it forever, as these rights are reserved for Indonesian citizens only.
A foreigner can legally own a freehold villa in Bali through a foreign-owned company called PT PMA, which requires a pre-paid capital of $600,000-$700,000.
Our experienced and knowledgeable team can assist you with freehold and leasehold.
If you have questions about owning a villa in Bali or wonder if you are making the right choice, our team is here to help.
So there you have it!
Five steps you can do right away to kickstart your investment journey in Bali.
Buying a villa in Bali legally and safely is possible.
If you have any questions about starting your investment property in Bali, share them with us in the comment section below!