Tips to Sell Your Seminyak Freehold Villa30 June 2020 by Ade
Sell the experience, and they will buy the property. Using social media and property agents, you can beat the competition and sell your Seminyak villa fast. Your freehold villa in Seminyak never ceases to amaze, in terms of the high yearly yield and rates of occupation. However, there will come a time when you need to sell your freehold villa to liquify your asset and to enjoy the additional bonus from property appreciation. When it comes to selling your villa, you can’t leave marketing behind, and the best way to market your villa is online. Here are some tips to market and sell your Seminyak freehold villa to beat your competition. 1. Sell experiences before selling the property Your prospective buyers need to know whether their investment in your property will get them the experience that they want or that their tenants want (if they were to let the villa, which is highly likely). You may start by asking yourself: - What is it like living in the same villa for years? - Is it conveniently located? - Is the villa easy to maintain? - Is there value in the villa for your buyer’s tenants? Once you have figured out the answer, you need to visually provide the answers for your buyers, through photos and videos, preferably the latter. A professionally-made video that gives a tour of the villa, the features, and telling a story of possible experiences can make it easier for your viewers to tap into their emotions as a driving force for purchase. 2. Renovate and redecorate before you advertise Before you create your villa tour video or a photo showcase, you can spend a little more money to renovate and redecorate your villa to provide greater value (and maybe slightly raise the price). This is particularly important once you have leads, or prospective buyers, who come into your villa. Renovations do not need to be grand. Sometimes all it takes is a new paint work to make the villa look brand new. You may need to replace some worn-out furniture and decoratives, but the effort is worth the smile on your buyer’s face. Remember, if your prospect already feels comfortable in the villa, you’ll have a promising lead! 3. Highlight different rooms and features for different segments. Your villa doesn’t have to be targeted to a specific buyer. The same villa can attract more than one market segment by featuring things that your buyers will value, from the social platform of their choice. If your villa can accommodate families, you may highlight spaciousness and complete facilities to cook and clean, and perhaps the swimming pool as well. You can use a variety of social media platforms. For retirees, you can highlight that the villa is easy to maintain, and located not too far away from the city center, yet located in a quiet neighborhood with natural scenery. You can advertise with trusted agents like Bali Coconut Living. Combine the power of social media with the help of property agents Bali Coconut Living offers transparent and authoritative marketing for properties in Bali, and our property agents have access to various marketing channels to find the right buyers. However, you can also reduce the waiting time by marketing your villa to your friends’ and family’s connections (by social share).
Top Tips to Buy Villas For Sale in Seminyak24 June 2020 by Ade
There are many villas for sale in Seminyak, and this is a good indication of a healthy housing market. After all, a villa will return nearly twice the overall investment when they are sold back to the market. More villas for sale means more competition and lowering prices, even at such prime real estate. Of course, pricing should not be your only concern. Villas come in all sizes and styles, with varying reliability (of utilities and facilities), as well as in locations that offer a huge difference in experience. In this article, we’ll cover some tips on buying villas in Seminyak for a great investment. 1. Size and style The size and style of your villa will determine your target market. While it’s clear that larger villas can accommodate more people and therefore generate more revenue, this doesn’t mean smaller villas are not profitable. Smaller, single-bedroom villas can be an accommodating place for young, mobile, digital nomads who seek remote working conditions at a holiday destination. Smaller villas are easier to maintain, keeping your costs and risks low. Larger, more spacious villas can accommodate families on holiday, but sometimes (and especially if you maintain a budget pricing) a group of young people (e.g. students, travellers) can use it as a monthly rental. You may need to hire a housekeeper to monitor the number of guests staying and keep an eye on undesired activities. 2. Reliability and utilities Seminyak is generally well maintained when it comes to providing a reliable supply of electricity and water. However, you can have two choices in providing clean water – groundwater (air sumur) and water pipeline (PAM as the locals call it). The former can save you money in the long-run, although with high overhead cost of drilling and filtration, and finding a permit. However, do keep a connection to the pipeline in case of draught. You may connect the pipeline to the shower, while the groundwater to the sink and washing area. This way you can save a lot of money. Keep in mind that neither of the water sources are drinkable, so you need to provide a steady supply of drinking water by supplying at least two 19L water gallons per month per person. 3. Location and experience The closer the villa is to popular locations, such as the beach, the mall, and restaurants, the more expensive it is, and therefore you need to keep an eye on the market price as well as their experience offers. The proximity of the villa to popular destinations will determine the experience of staying there, but this experience can differ in various market segments. For example, younger guests in groups of no more than two are likely to go around on rented motorcycles, so they have no problem with villas that are relatively far from popular destinations. Manage your villa with Bali Coconut Living Property is one of the best businesses with high returns and relatively low risk, provided that you invest in the right location, such as Seminyak. Once you have purchased your villa, you will need to invest in time to manage your villa. Our villa management service does more than simply to manage the villa. We are able to provide higher value to your guests with a butler and pool-cleaning service. Learn more about our offers.
Villa for Leasehold: Pricing, Purpose, and Promise17 June 2020 by Ade
How to prepare a villa for leasehold? You need to think of the 3 P's of preparation: pricing, purpose, and promise. Learn more about property leasing here. Preparing a villa for leasehold takes more than just renovating and marketing. Even if your property will return to you, the thought of handing it over to a lessee for years can be a nerve-wrecking thought without adequate preparation. Villa leasehold is a great way to earn passive income if you are a busy person. Unlike a landlord, you are not directly involved in the management of your villa. If you allow subletting, your lessee can become a landlord. They’ll manage the villa and collect rent from their tenants. You are still entitled to collect rent from your lessee on a yearly basis. To explain how you can prepare a villa for leasehold, we will approach it from three different angles: pricing, purpose and promise. Pricing When you opt for a long term lease rather than a monthly or daily rental, you are going to have the inevitable opportunity cost of not earning income from the final tenant. Your lessee would need to be convinced that your villa will be profitable for subletting. This means you must lower the price sufficiently to attract potential lessees without compromising your villa’s buying price. If you do not authorize subletting, then you can opt for a yearly rental at a higher price. You must be clear at the beginning on how much involvement you will have in the maintenance of your villa. This is explained further in the next point. If you need help in determining the correct price of your leasehold property, don’t hesitate to contact our property agents. Purpose If you allow subletting, your lessee expects a lower price to be able to conduct a profitable rental business. An important note on subletting is that your villa must have the correct permits in place to allow for monthly rentals. Subletting for yearly rentals is another option for your lessee if you do not have the correct permits in place for short term rentals. If you’re not comfortable with subletting, then a contract-bound agreement must be made between you and the lessee. Note that this arrangement is not common, and may discourage more people from leasing your property. Consult with our agents to create a satisfying agreement for both you and your villa lessee. Promise The last point is to highlight the importance of contractual agreements. Make sure both parties understand 1) how much are they involved in the property maintenance, 2) the boundaries of which the lessee can renovate and make improvements, 3) the type of rental business the lessee is able to set up, and 4) the payment for tax and permits if applicable. Our agents can help set up 90% of the agreements at a small fee At Bali Coconut Living, our property agents in Bali are tasked to help you to evaluate your villa, recommend the right pricing, to help you determine the possible legal uses of your villa, to protect your from shady lessees, to set up a clear contract and to attend at court meetings on your behalf, if any disputes occur. Please don’t hesitate to ask about our villa management services.
Properties for Sale in Bali: How to Make a Sound Investment13 June 2020 by Ade
For properties for sale in Bali, you may ask about the ROI of freehold vs leasehold, and what property business should you do. Read more to find answers. When choosing a property for sale in Bali, these questions may come to mind: Should you buy freehold or leasehold? What is the yearly yield and return on investment for either of them? What are the laws associated with holiday or yearly rentals? In this article, we will share with you an insight on the most recent trend to help you make a sound investment decision. What does the property market look like in Bali? There are two distinct ways people can invest in the property market: Holiday rental (monthly rental) Yearly rental Holiday rentals, as the name suggests, is reserved for tourists who would rent the property for at least one month for purposes that are likely not for long-term living. On the other hand, yearly rentals are most likely reserved for housing or commercial purposes (i.e. office spaces, not for hospitality businesses). Holiday rentals will require a license called a Pondok Wisata for villas and houses to be used as accommodation for tourists, however yearly rentals do not. Holiday rentals may only receive the permit if they are in the tourism zone. Although in the past, people were able to sell / rent out their property for a variety of purposes, even switching between yearly rentals to holiday rentals without reporting and obtaining the right permits, recently the government has become more involved in reinforcing the zoning policies. With a permit requirement, holiday rentals tend to have high operational costs and taxes, due to them playing a role in the hospitality sector. However, this is balanced by high revenue, especially if the property suits the taste of the market segment, located in a high-demand location, managed, maintained and marketed well. Holiday rentals tend to demand more attention than yearly rentals, so if you cannot invest in time for your properties, we highly suggest to operate in the yearly rental market or hire a property management service. Buy which properties for sale in Bali, freehold or leasehold? According to a property trend examiner, Andrzej Barski from Seven Stones Indonesia, there is a growing trend among Indonesian investors to buy leasehold properties for sale, rather than freehold, even if they have the national right (read more: Ownership of Land in Indonesia, for Mixed-Marriage Couples). High prices of freehold properties drive this decision. A rule of thumb suggests that the average price of a yearly rent on freehold value is 1% – this means one will only make a substantial profit from exit selling the property. This yields an ROI of 8%, according to Barski. Meanwhile, buying leasehold properties is a safer bet. A 30-year lease costs at least 30% of the total freehold value, but the extra cost of convenience and lower commitment is a great choice for “short-term” property players. As much as 10-12% of ROI can be obtained from a leasehold yearly rental business. An added benefit is the ease to sell the property to the next leasehold holder. There is more to discuss about choosing the right properties for a sound investment. Drop us an email email@example.com or message us on Whatsapp for a quick response. Bali Coconut Living is ready to provide any information that you need.
Calculating ROI for Villas for Sale in Berawa10 June 2020 by Ade
Calculate the ROI of potential villas for sale in Berawa. It can help you determine your lowest price for yearly or holiday rentals. Learn more from this post. Berawa contains a mix of villas for sale to various markets. For those that are relatively new to property investment, we’ll share with you an easy way to determine prices and calculate your return on investment (ROI) using examples from our Berawa villa listing. What is ROI? ROI is one of the ways that can help you to determine the minimum price (rate) you can set so that it breaks even after a certain number of years operating. This is crucial if you are buying leasehold properties. Examples of ROI calculation for Berawa villas, with a few assumptions In this simplistic set of examples, we’ll make a few assumptions: 1. Property maintenance will cost half the monthly rate, every year. This the average cost that increases the more expensive the property is. Also, tax and permit costs are excluded. Our price ceiling is determined by the market. This ensures that we do not overprice the property. Property is not managed by a manager. We will assume that you take full responsibility of the management. To calculate ROI, we divide the net annual income by the total amount of money invested in the beginning, which is at least the purchase price of the property. ROI = (net annual income) / (purchase price) Rumah Kelly is a freehold property that costs Rp 2,255,000,000 without furniture. This 2-bedroom 2-story villa is located in a suburban area, but the area is popular for foreigners to live and stay. An estimated valuation of this property suggests that tenants are willing to rent it for Rp 85,000,000 annually. Property maintenance is maximum Rp 3.5 million. ROI = (Rp 85,000,000 - Rp 3,500,000) / Rp 2,255,000,000 = 3.61% This implies that it takes 28 years for the net annual income to breakeven, and of course, the ROI would skyrocket if you include the property’s sale. For Rumah Kelly, furnishing the property would increase the ROI to at least twice the value. Rumah Torres is a fully furnished leasehold property that costs Rp 835,000,000 with lease up to 10 years. This gives us a target ROI of at least 10% since we must break even before the property is returned to the owner to avoid loss. Estimated valuation for this property suggests that tenants are willing to rent it annually for Rp 84,000,000. Property cost is Rp 3.5 million according to our assumption. ROI = (Rp 84,000,000 - Rp 3,500,000) / Rp 835,000,000 = 9.6% The ROI for yearly rentals in Rumah Torres in this case is below the target ROI of 10%. To optimize the ROI, we need to market the property for higher-paying markets. Another solution is to turn it into a holiday rental with higher monthly revenue. It seems that Rumah Torrest is more ideal for holiday rentals while Rumah Kelly is ideal for families living long-term in Bali. Fortunately, with our helpful agents at Bali Coconut Living, you don’t have to make risky speculations about the type of rental business you should create. Simply consult our property managers and sales to help you decide which property is the best for you.
Must-Visit Canggu Villas For Sale1 June 2020 by Ade
Canggu is gaining in popularity among visitors who prefer experience over luxury. Villas must suit their taste, and here are the examples you can acquire. Canggu is one of the most talked-about towns in the Bali villa property business. It may not be the new Seminyak right now, but it’s rapidly gaining popularity among travelers who don’t necessarily value the sophistication of Seminyak. Canggu is dominated by hip young foreign tourists who value experience over material wealth. Canggu villas that are for sale must be equipped with the right interior design and furniture. It can make a big difference in comfort provided for tenants. And when it comes to location, Canggu packs a pleasant surprise in every corner of the street, so it’s not necessary to buy villas near the popular tourist hotspots. Where can your guests stay in Canggu? 1. Villa Rembulan Located in Kayu Tulang, a pleasant suburban district, this villa is close to many hidden and underrated restaurants and cafes that can be rewarding to your tenants once they’ve discovered them. This three-bedroom fully furnished villa has two floors, so, your villa can accommodate at least three singles. 2. Villa Sekiro 2 Located not too far from a major intersection, this villa is perfect for accessibility to various parts of Bali. To the east and west by following Jl. Raya Canggu, your guests can get all the way to Ubud and Tanah Lot respectively. These two places are major tourist destinations, and the road leading to both locations is generally drivable if the guests do not take a taxi. This villa is a two-story, fully furnished home. The 100 square meters include a swimming pool, giving this villa added value. 3. Villa Karaniya Located in the more populous Berawa, this two-story spacious home has a land size of 400 square meters – it’s fully furnished and includes a swimming pool. It offers a “humble but luxurious” living experience and it’s available with a freehold certificate. For foreigners, a long leasehold contract is available. Things to do in Canggu 1. Plentiful views of rice paddies Starting from the north of Canggu, you can begin to appreciate rice paddies, which have the same appearance as they have had thousands of harvests before. The truly traditional farming practices can be inspected by many foreign tourists and many villas have taken advantage of this. Restaurants, cafes, and villas are often built around them, to add a back-to-nature experience especially for the majority of Canggu visitors. 2. Surfing in Canggu Canggu’s long coastline has several beaches: Batu Belig, Batu Bolong, Berawa, Nelayan, and Echo Beach, each with its own characteristic seaside entertainment and surfing waves. From the mentioned villas above, the closest beach is less than half an hour away. This could be perfect for your guests as they won’t be living in the middle of the crowd where traffic can sometimes make for some difficult travel. However, they would be living close enough to the beach to be able to appreciate what Bali has to offer. 3. Explore Tanah Lot sea temple While Tanah Lot is not technically in Canggu, the sea temple is accessible. Visitors can expect around 30 to 40 mins by car (a much faster option is a motorbike or online motorbike taxis for around Rp 20,000). Apart from the amazing sunset, Tanah Lot offers an iconic Kecak Dance. Buy the perfect villa for your tenants Bali Coconut Living is a real estate agency and villa manager. We are located in Jl. Bumbak Dauh No.89b, Kerobokan, North Kuta. Our agents are happy to show you around our properties Monday through Friday from 9 AM to 5 PM.
South Bali Villas for Sale (Best Locations)25 May 2020 by Ade
Bali's tourism is concentrated in the south of the island, so it's important to pick the right locations in the competitive villa industry. Learn more about our villas here. South Bali is the vibrant capital of tourism in Indonesia, and with thousands of local and foreign tourists flocking in to enjoy their vacations, come numerous houses to buy and sell. This makes South Bali one of the best locations for investment and long-term living. Some tourist attractions in South Bali The majority of famous places in Bali that many people can think of are located in South Bali. This includes areas like Kuta, Ubud, Denpasar, Uluwatu, Jimbaran, Seminyak, Sanur, and Canggu. This is because Ngurah Rai International Airport is located in South Bali. While infrastructure is continuously improving to provide faster access throughout the island, the limited availability of public transportation creates a hurdle for many tourists to visit other places in Bali with low cost. However, this is excellent news of property owners in South Bali, since tourism will be concentrated in one region. For those who haven’t owned a property here, the cost of buying villas might seem intimidating. However, rest assured that the tenant turnover rate is high in any season, and high rent prices are becoming a norm. Houses can be sold quickly for the next generation of property investors. Where can you find the best villas for sale with great location 1. The Majestic Studio The Majestic Studio is part of a larger group of apartments that are for sale – it’s technically a condotel. Where private villas are too spacious for those looking for a budget place to live, long-staying tourists typically pick a more affordable one that is relatively close to the action. This single bedroom fully furnished studio with a shared swimming pool and a garden is cozy for those who value minimalist living. The Majestic Studio is located in a prime location that meets that specific need. Jl. Petitenget is concentrated with high-end shops and cafes that can justify a high rent price. Within its vicinity lie highly acclaimed restaurants such as KYND Community, Merah Putih Resto, Biku, Bamboo, and more. 2. Villa Cardamon This villa is amazingly close to the beach and a popular one at that, Batu Mejan Beach. So, just imagine being a guest at Villa Cardamon – Echo Beach Club, La Favela, and numerous other big brands in Bali are within walking distance! Despite the availability of online taxis, it’s been observed that many high-income tourists would rather walk, essentially considering the area as his or her own incredibly fun neighborhood. These kinds of people are going to be the ones who will pay for comfort and convenience, and Villa Cardamon fulfills the checklist. There is plenty of space for two guests to call it home. Feel free to request a visit to this fully furnished villa. 3. Villa Impian This charming villa is available for sale and accommodates at least three people. This rustic, hotel-like villa with a swimming pool is fully furnished, so you don’t have to worry about matching the furniture with the existing interior design. Taking a walk outside the villa, the guests will encounter many attractions and entertainment, as well as cafes and restaurants to indulge in. Parachute Bar, Finns Recreation Club, and La Laguna are accessible via Jl. Pantai Berawa. For those who brought their families to Bali, the Canggu Community School is conveniently nearby. This can also be an attractive place to live for teachers. The generous land size of 295 square meters provides a perfect opportunity to gain a slice of wealth in Bali. Always remember to have the right land permits To create a homestay or villa accommodation, it’s necessary to obtain the right land certificates and other permits necessary for the legal operation of the business. If you would like to ask questions regarding anything related to villa sales and renting, feel free to contact us!
Bali Villas You Won’t Regret to Lease18 May 2020 by Ade
Leasing is one great way to virtually own a property, which means you are essentially renting the property at a very good rate. Leasing a villa comes with a great commitment. Before you commit to the down payment, it’s wise to choose a good villa for lease with good value for money. There are many beautiful leasehold villas in Bali in a variety of locations close to schools, city centers, hospitals, beaches, and shopping districts. We have compiled a concise list of villas you won’t regret leasing. 1. Abra Apartment This 1-bedroom apartment is perfect for those living happy single lives and couples without children. The property is completely furnished, connected to the internet, and well-decorated to inspire creativity. A comfort zone for those who work from home. The apartment is located in Kerobokan, a place to enjoy a pleasant Balinese suburban life. Perfect for those who seek the virtue of a quiet life. Although, it’s not very far from the popular crowds, so, rest assured that the location is not rural at all. Come have a look and fall in love with Abra Apartment. 2. Rumah Torres A comfortable place to work remotely from one of the most popular tourist destinations in the world; that must be a great investment. You can increase your productivity without spending a dime on cafes and coworking spaces. To be leased for 10 years, this single-bedroom house can potentially be your independent HQ for all freelance work. Another reason that this house has great value is access. Away from the crowded beach towns, you have access to Jl. Berawa and Jl. Raya Canggu to lead you to the rest of Bali – turn right to reach Denpasar, Sanur, and Ubud; turn left to go to the rest of Bali on roads less traveled. Alternatively, simply enjoy your home base or invite your friends and freelance partner over for healthy meals in this lovely spacious 125 square meter property. Several nearby places of interest are Cabina Bali, La Laguna Beach Club, Fol’lie, and Satu Satu Coffee Company. Not impressed yet, there are many more on Jl. Berawa. Click here to request a visit. 3. Villa Solandra Located in North Kuta, this simple house in a quaint neighborhood provides everything you need with plenty of space. The perfect home for a family or coliving friends, the two-floor four-bedroom house is available for five years lease. Because of the short lease time, you get the best deal of a lifetime – it even comes with a swimming pool! Villa Solandra is located in Kerobokan, which borders North Kuta and Seminyak. This means having great access to Seminyak and Denpasar city shopping centers, as well as Ubud’s cultural hub. If you travel further north from the villa, you will eventually reach the famous lake called Ulun Danu. Both the lake and the postcard temple Tanah Lot are without fail the most beautiful places you can get to quite easily. Get your first sunset photo at one of these places! Learn more about our villas Our representatives at Bali Coconut Living are only a few clicks away. If you prefer to fill out a contact form, here is the link to our inquiry page. Likewise, reach out to us via telephone at +62 361 847 6727. Tell us about your concerns, such as certificates, permits, or meetings with the original owner. We are here to help!
How to Rent Out Your Ubud Real Estate Investment15 May 2020 by Ade
It’s true that the price largely determines your return on investment rate. However, there are other ways to optimise your real estate in Bali so that your expenses do not exceed your rental income, while at the same time, you don’t need to wait too long for a new tenant. This short strategy is written in particular for Ubud properties, because properties in Ubud are in a unique position. Sure, it is 40 minutes from the nearest beach, but the market segment that rents Ubud properties care least about the shoreline. Instead, they come to Ubud for spa treatments, yoga studios, organic food, and the lush green landscape. Remind yourself to cater to the needs of this specific market segment. 1. Competitive is not always cheaper People who choose to spend a significant amount of time in their villas to relax, detox, and heal will not shy on paying a bit more for quality. You can still be competitive even if you’ve invested in decoration, comfortable beds and furniture, and ask a higher price than what local guest houses offer. Even if you have bought the land cheap in the outskirts of Ubud, it’s the best decision to add value to your villa accommodation so that your tenants feel compensated for the longer distance to the town centre. 2. Cleanliness over attractiveness Ubud’s upmarket tourists make up a significant portion of the market. Their main concern is hygiene, particularly if they find that your villa is not in the town centre. Exceed expectations by focusing on hygiene, including adapting the bathroom and layout. Follow Western standards to be on the safe side – popular hotels do this a lot. If you have to choose between making your villa look pretty and making it spotless clean, we suggest the latter. You would want to exceed your guests’ expectations. Once you have made sure that your villa is well-maintained, the next step is to decorate it. Find inspiration from the villas in our catalogue: Villa Horizon, Rumah Cakralawa. 3. Advertise it! Once you have your price and property conditions sorted out, you can advertise it with confidence. The best way to advertise is through online channels and referrals. Create a website or a special social media account to help your audience focus on your properties’ features and benefits. If that is too much of a hassle, not to worry. You can always ask a property agent, such as Bali Coconut Living to help you. Interested in listing your property with us? Contact us by following this link. Bali Coconut Living is a property agent in Bali specialised in leasehold and freehold real estate. If you are a foreigner looking for a hassle-free leasehold arrangement, visit our website to learn more. Browse through our portfolio of villas and land a secure and profitable investment.
Bali Freehold Villas for Sale (High Value)11 May 2020 by Ade
When it comes to buying villas, the first consideration anyone would make is location. What if we told you that there are high-value villas for sale without relying too much on location? Advantage of being (slightly more) location independent Lacking in an extensive network of public transport, almost all Balinese locals and foreigners travel by motorbike or car. Therefore, distance is not too much of a problem for most people, whether they are buyers or renters. If you are going to have a second home in Bali, it would make a lot of sense to stay in a more quiet and peaceful area where you don’t meet a lot of tourists. Besides, the closer you live near the popular attractions, the less you will appreciate them over time. This paradox is often true! Two high-value villas that you should check out 1. Villa Kristina Your best value candidate, Villa Kristina, is located in Sanur. We will be honest to say that Sanur doesn’t look as brilliantly sophisticated and chic as Seminyak, but it’s anything but boring. The villa has great access to many places of interest. To visit Seminyak, Kuta, and Jimbaran, all you have to do is to follow the Bypass westwards. This will also lead you to the Mandala toll road which gives further access to Uluwatu and Nusa Dua. Northward, you can travel to Gianyar and Ubud, and the rest of north Bali (visit awesome places like Amed, Amlapura, and Tulamben by following Ida Bagus Mantra Road). Villa Kristina comes with an indoor swimming pool and great kitchen space to experiment with Balinese cuisine. Note that the place is not furnished yet, but this gives you full control over what goes into your house. 2. Rumah Kelly On the west coast of South Bali is Canggu. It can either be a seaside town or a region, depending on who you ask. For us, Canggu is a pleasant suburban landscape with beautiful rice fields that look best in the morning. The villa itself is an attractive property to live in. The Java-Bali styled joglo is brought to life by the tough wooden material. The organic element has withstood the weather for years and will stand for years to come. The inside is spacious, giving everyone room to breathe, unlike the type of houses with too many dividers and small rooms. As the insulation is optimal, you wouldn’t need to install air conditioning, although the house already comes with a complementary AC for your purchase. Enjoy Rumah Kelly, a 150 square-meter house with two floors and two bedrooms. Got any questions? Feel free to contact us Bali Coconut Living is located in Jl. Bumbak Dauh No.89b, Kerobokan, North Kuta. Our agents are happy to show you around our properties Monday through Friday from 9 AM to 5 PM.
Guide to Canggu: Activities, Villa Rentals, and More!28 April 2020 by Ade
Canggu is the new Seminyak. It’s a cool place to be, and more importantly, much cheaper. It’s becoming more and more popular among freelance travellers and digital nomads. Families who frequented Kuta, Seminyak, and Jimbaran are now looking for something new, and they are looking at Canggu. Where can you stay in Canggu? You can find a plenty of villas waiting to be occupied at very interesting rates. Currently in our catalogue, the two best villas at a strategic range between the serene paddy field landscapes and the beach are Villa Senyuman and Villa Maimun 1. Villa Senyuman is a 2-bedroom, 2-story villa. It has a wide pool, fully equipped kitchen, open living space, garden and parking area. Villa Maimun 1 is a 3-bedroom, 2-story villa sitting on 300 m2 of land. It’s perfect for larger families or friends looking for long-term holiday rentals. The surfing beaches Canggu has waves that accommodate surfers of all levels spread over the various beaches. If you are new to surfing, there are surfing schools and private instructors stationed along the seashore to help you to learn or get better at this exciting water sport. In the parts with more challenging waves, expert surfers gather for the surf season from May to September. Even if you’re not into surfing, there are still plenty of activities to do on the Canggu beaches. You love food, swimming pools and music? Go to Tropicola Beach Club. Pura Tanah Lot Have you seen a painting of a Balinese temple surrounded by the sea with a sunset in the background? You won’t believe that it’s even more impressive in real life, this postcard view of the world-famous Pura Tanah Lot with a majestic sunset in the background. The unique thing about this temple is that it is inaccessible most of the time due to the high tide. Certain weeks, even at ‘low tide’ the shallow path towards the temple is submerged a few dozen centimetres. But unsurprisingly, the Balinese calendar has marked certain rituals to be conducted at the exact times the temple is accessible. Despite having so many visitors every year, Tanah Lot Temple remains one of the most mysterious and rather curious places in Bali. Be sure to check it out! Where to shop and eat in Canggu? Canggu isn’t the isolated coastal town that it once was. The town is abundant with restaurants, clubs, bars, cafes, specialty shops, and coworking spaces. Throughout the entire length of Jl. Pantai Batu Bolong, you will find places to eat and shop, and you will never truly finish exploring the area as there are so many things to do. Check out the road, which ends on Old Man’s Bar, one of the best sunset spots from Batu Bolong Beach. Don’t forget to also check out entertainment and sporting venues like the Splash Waterpark Bali, Finns Recreation Club and Tarukan Equestrian Centre. Too many things to do in Canggu There are so many things to do in Canggu that it’s necessary to stay in a villa for at least a week or even a month. Luckily Bali Coconut Living has a catalogue of all the villas you can rent monthly around Batu Belig. Subscribe to our newsletter to receive special offers and important updates about property in Bali!
Bali Property Reality Check: Before You Make That Purchase21 April 2020 by Ade
Purchasing a property in one of the most desired places to live is always a good idea. The property can be used as a home for your retirement, as your second home for the holidays, and even as a lucrative property business. Like with any property purchase, you must do your due diligence research, talk to the right people, and trust only a few. Before making any purchase involving a huge amount of money, here is a reality check of what purchasing properties in Bali entails. Land certificates - who really owns the land? While land certifications matter for all property-related purchases, not every land certificate in Bali is up to date. There is a possibility that the landowner’s name inscribed in the certificate is no longer valid – perhaps due to death and inheritance, or unofficial selling to another owner, outside of the authorities’ knowledge. Land law in Indonesia is straightforward, but the lack of law enforcement and people not following proper protocols for land transfers are the source of many headaches. What to do: When you receive information regarding the land certificate, you should ask politely how the current owner obtained the land certificate. If he or she purchased the land from someone else, try to contact the previous owner. If it is an inherited land, ask for the inheritance documentation and check with your lawyer. At Bali Coconut Living, we always make sure that the freehold certificates certify the true owner of the land before they can list their property with us. This way, there will be no potential legal problems in the future. Zoning - does the land lie in the correct zone for its purpose? The building certificate (Izin Mendirikan Bangunan or IMB) is the next crucial document that determines how your property will function, and what you are allowed to build. As urban development spreads outwards from the centre, buying property in the heart of well-established towns can get ridiculously expensive, so you will probably consider buying ones in the rural areas not too far from the main attractions. Some of the local people have built houses on inappropriate zones, but got away with it because their family owns the land since before the government increased their efforts to enforce the zoning law. What to do: Check the IMB and the local zoning law. Remember, you are not allowed to build in the Green Zone (reserved for agriculture). You are not allowed to build commercial buildings such as villas, restaurants, or hotels in residential areas. In case of a mixed zone, consult with your property advisors on what you should or should not build based on unspoken cultural laws. Go to the site – get an accurate picture of the property What is on paper may be difficult to imagine, and sometimes untrue of the reality on the site. The site plan or aerial view map will not account for the following inconveniences: Actual land boundaries Neighbourhood access Road quality Land quality for construction Building quality Flooding or fire hazards What to do: Ask a property agent, such as Bali Coconut Living to help with property inspection. Done with us, this can be beneficial for you as we have done research on the property beforehand. We know the ins and outs of the property, the real owner of the property, the validity of the land certificate, and we even supervise properties that are under construction. Do note that this is not legal advice, and you should hire a property lawyer to perform additional inquiries regarding the validity of certificates – it is normal to doubt everything! Rest assured that you have mitigated unnecessary risks by talking to our agents.