Villa Ownership
The most important factor to consider when buying villas in Bali is the plot of land on which they are built. Land prices vary depending on the desirability of each locale, with pulsing surfers’ paradise Seminyak commanding premium price tags, while quieter Sidemen Valley offers more affordable acreage. Factors like views, proximity to tourist hotspots, and accessibility will also inflate costs.
Villa Ownership in Bali you want your property to appeal to the greatest number of tourists, it is vital that you invest in a location with a high demand for rental villas. The best way to assess this is through an analysis of local tourism trends and research into the popularity of specific sites and activities in each area.
Villa Ownership in Bali: What You Need to Know
Whether you choose to buy freehold or leasehold, our reputable agents can guide you through the intricacies of the purchase process. They will check all ownership documents and verify the authenticity of the land title to ensure that you own a legal right to use your property. They will also identify any potential disputes with other parties who might claim rights to the land or surrounding environment, avoiding expensive legal headaches after your purchase.
Investing in a villa requires the necessary permits and licences, such as an IMB (Building Permit) and Pondok Wisata (Touristic Rental Licence). For foreigners, engaging a trusted real estate agent or notary is essential to avoid costly fines or even property closure. They will review all documentation to ensure compliance, including verification of needed building and renovation permits as well as land zoning and touristic rental licences.