Rental Contracts for Monthly Villa Rentals in Bali3 June 2021 by Ade
Bali is one of the most beautiful, yet affordable destinations in Southeast Asia. Who wouldn’t want to spend a few months at a time in Bali to experience everything that the island has to offer? If this is part of your plan, then you’d be happy to know that there are beautiful luxury villas available for a monthly rent that would make the perfect holiday home! With such a wide range of options, you can certainly find a villa that will suit your preference and needs. The first thing that you should know is that price alone shouldn’t be the defining factor when it comes to choosing a private monthly villa for rent. Other factors to consider would include location, service, amenities, maintenance, security, and/or staff. Be aware that you could also be overpaying for services or features that aren’t exactly part of your agreement and/or expectations. Consider speaking to your landlord to set up a written rental contract and/or agreement before you proceed. In other parts of the world, a rental contract would potentially protect you as a tenant against an unfair lawsuit; this won’t be its main purpose here in Bali as such disputes rarely occur. The main purpose of an agreement or a contract is to set expectations on both sides, so you are both clear on what the landlord is offering and what you will be receiving. Helping you choose quality monthly villa rentals in Bali Not all landlords will get into the hassle of writing up a legal rental contract. Most landlords are happy with verbal agreements and base their businesses on good faith. However, a written rental contract can protect you from unexpected matters such as renovations, increased monthly rates, maintenance, etc. It is a clear set of guidelines on obligations, responsibilities, and liability on both the tenant and the landlord so that you can be sure of a pleasant, long-term rental experience while you’re here in Bali. Do you have any questions about leasing a villa in Bali? If you have any inquiries about buying or renting a property in Bali, you can come to us for advice. Contact Bali Coconut Living.
Applying for a Foreign Mortgage for a Bali House18 May 2021 by Ade
Indonesia’s constitution has made it impossible for foreigners (even those who hold a KITAS) to own land with the strongest title deed possible - the Freehold Title, or Hak Milik. This means that foreign investors are faced with a limited number of options when it comes to obtaining funds to invest in assets in Indonesia. This includes property investments. You may have heard that it is now possible for foreigners to establish a business out of leasehold villas in Bali or elsewhere in Indonesia. To do this, a foreigner must form a legal entity called a PMA, a foreign-owned company with a minimum total equity of 2.5 billion rupiah to register. This is the same amount that is needed to build a typical minimalist villa here in Bali. The foreigner would also need a Pondok Wisata license alongside a PMA in order to legally operate the villa as a business. Is it possible to get a business loan for a property investment in Indonesia? We must inform you beforehand that regulations can change at any time, and that this is not in any way, legal advice that can guarantee the safety of your investment. It would be difficult to find banks or any financial institutions that would issue a mortgage (called KPR) directly to foreign investors. The reason behind this is that foreigners will never own the property that they purchase (without the Hak Milik freehold title), so banks cannot use that property as collateral. However, according to many sources, it is possible for a legal entity PMA to get a loan for a property (or a “mortgage”) through third-party organizations that work together with banks. One example would be Asia Property Finance Management, a financial establishment that can arrange for Indonesian Property Loan (IPL) on behalf of foreign-owned legal entities. Back to you — why do you want to invest? If you are a foreigner, the stringent regulations that foreigners need to follow may discourage you to achieve your financial goals here in Bali. However, it is important to always remember exactly why you want to invest in a property in Bali. There may be easier ways to achieve your goals. Don’t hesitate to contact Bali Coconut Living for some advice on how property financing works in Indonesia.
Holiday Rental License (Pondok Wisata) for Leasehold Villas11 May 2021 by Ade
As more and more people receive their COVID-19 vaccinations, there are high hopes that we will all reach herd immunity, allowing us all to resume normal economic activities sooner than later. It is estimated that tourism will return to normal in Bali by mid-2021 - which is good news for both holidaymakers and business owners alike. In the meantime, if you are planning to capture this eventual influx of tourism, you should get your leasehold villas in order! To be on the safe side of the law, make sure that you have a valid Bali holiday rental license for your leasehold villa. This holiday rental license is called Pondok Wisata, which roughly translates to Tourism Lodge. How to apply for a Pondok Wisata License? It is easy enough if you are an Indonesian citizen. Simply visit the official website of the national small and medium businesses association and submit your application online, or liaise with a representative of the city in which your villa is located. If you are a foreigner, you would first need to set up a foreign business license called the PMA as a Villa Management business. Once that is set up, you can then request a Pondok Wisata license. How long does the Pondok Wisata license last? The Pondok Wisata license is valid for a duration of 5 years. Thereafter, you will need to extend it for another 5 years, and so on and so forth. This is typical for assets that are taxable, such as transportation (new license plates are issued every 5 years). There are tax requirements for all villa rentals in Indonesia, however, tax collection periods can vary in each location — depending on the law of your district or town, you either pay a monthly or yearly tax. It is important that you set aside some funds as tax payments are mandatory even if your villa isn’t generating income at any particular moment in time. Need legal advice on Pondok Wisata? We can give you some guidance. Bali Coconut Living is not just a property service and villa rental agency. We also provide consultation services for anyone looking for clarification and advice on anything property-related in Bali. Contact us today and let us help you get organized! Contact Bali Coconut Living
Things You Can Enjoy in a Berawa Villa6 May 2021 by Ade
Looking for the perfect luxury villa? Why not begin your search in Canggu’s Berawa? This wonderful little town has plenty of beautiful, modern, and traditional villas for sale. Take Villa Christina - it is the prime example of a luxurious holiday villa that has everything you could ever need; a lush tropical garden measuring at 488 sqm, a crystal clear swimming pool, stunning interiors, and a fantastic location. So why should you start your search for the perfect Bali villa in Berawa? Let us take you through a few wonderful reasons! 1. Fresh Sea Air 24/7 Berawa is one of Canggu’s most popular coastal towns with a laid-back vibe that pulls in a cool, hipster crowd. The entire town is just minutes away from a pristine shoreline that is famous for its black sand beaches and challenging waves. Although rapidly developing, Berawa has plenty of rice fields and greenery. Living here will make a noticeable difference to your health and well-being. 2. Peace of Mind The villas in our listings are fully furnished. This means that you can immediately move in without worrying about furniture, decorations, and interior design. Simply move in with your personal belongings after you’ve made your purchase and enjoy your new home! 3. Space and privacy One of the best things about living in a villa is all the privacy that comes with all that extra space. Our villas are built on lush tropical land bordered by a safe and secure wall. You can enjoy your time in your own private garden, swim in your own private pool, entertain and just have all the space that you need to be who you are. It doesn’t stop there Interested in finding your very own Berawa villa? We have a wide selection available for sale! Start by visiting our website at Bali Coconut Living, click on the drop down menu and have a look at all the different types of property that interests you. You can filter your results further with our website’s advanced search feature. Don’t hesitate to contact us if you have any questions!
Loft Apartments for Long Term Rentals in Bali28 April 2021 by Ade
Most people don’t realize that their lifestyles can be affected by the style of their homes. At least, the apartment-style villas of Menara Loft Apartment would give you a fresh, new perspective of what could be possible while staying in a Bali long-term villa. A studio apartment for long term rental in Bali In a post last month, we covered Leo Apartments in east Kerobokan, a beautiful complex comprising several 2-story apartment units and a shared pool — a typical Balinese apartment usually looks like this. But Menara Loft Apartment is different. Nestled on 120 square meters of land, this exclusive unit is a modern home with its own pool and a private garden patio. The villa makes use of loft architecture to create additional space for a ‘bedroom’, which is fitted over the dining room, and by doing so, creating a sense of openness and space. In fact, as the name suggests, Menara Loft Apartment does feel like it has plenty of breathing room, both indoors and outdoors. The perfect home for couples When it rains, the light tapping of the raindrops echoing against the solid wood board ceiling will lull you into a state of relaxation and peace as you cozy up with your partner in the loft-style bedroom. It is technically not a bedroom — we would classify the entire home as a studio apartment with a villa setting. Absolutely perfect for child-free couples, this loft-style studio apartment is the ideal monthly rental home that provides a fantastic living space at an affordable monthly rate. Incredibly close to the beach The added benefits of Menara Loft Apartment to your modern lifestyle do not stop there. How would you like to go on a routine walk to the beach with your partner? No plans, no preparations, just a spontaneous walk to Berawa beach — which would take you no more than 20 minutes to reach on foot (5 minutes with a scooter)! Would you like to know more about this loft apartment? Call us at +62 361 847 6727 (Bali Coconut Living) and we’ll show you around the place.
Uniquely Designed Leasehold Villa in Umalas19 April 2021 by Ade
The best vacations are the ones that would give you plenty of opportunities to enjoy not only what the destination has to offer, but also the accommodation. If you were vacationing with your family and your extended family, it would be ideal to stay in an accommodation that could cater to all ages. Given the age difference and differences in interests, it would be just perfect to set up camp at one of Bali’s most beautiful, luxurious, and spacious villas. This way, little children could spend all their time exploring the countryside while the less adventurous folks can relax and enjoy all the luxuries that the villa has to offer. Introducing Villa Olite Villa Olite is a hidden gem in the heart of Umalas. It stands out in the distance, even as you enter a private driveway off Jl. Bumbak. The villa is a modern fort of luxury, towering three stories above the surrounding paddy fields. It gives you the impression that you are to stay at a palace of an ancient rice kingdom — where you will be the king. The villa features a modern architecture that is a cross between a cozy cafe and a mansion. The redwood and marble flooring, floor-to-ceiling windows, and enormous rooms adorned with granite ornaments are all supported by solid black steel beams and support bars. All around the villa are plenty of shady spots where you can enjoy family dinners, midday conversations, and naps. In the shady parts of the swimming pool, the kids can swim in the cool of the shadow, away from the glare of the Bali sun. Three floors of spectacular views Wherever you are in the villa, you will enjoy spectacular views of the Balinese countryside. The garden thrives with an expanse of manicured grass and indigenous Bali trees and plants, such as the frangipani trees, which fragrant flowers fill the evening air. A wraparound balcony runs the length of the house on the first floor, offering 360-degree views of ricefields and vegetable farms that are visible just beyond the property wall. This view can also be enjoyed from some of the bedrooms and even bathrooms. The upper floor offers you even more elevation and unobstructed views of Umalas. Enjoy the view from a marble-covered viewing platform, under the shade of a traditional gazebo roof. There’s even space for a bonfire, so if you’re in the mood, you can sit with your friends and loved ones on the outdoor couch at nighttime and enjoy a gorgeous fire under the Bali sky. Visit Villa Olite, a stunning and uniquely designed leasehold villa in Umalas. Call us at +62-361-847-6727 and we’ll show you around.
Minimalistic Bali Villa for Sale: Villa Mirabella12 April 2021 by Ade
Here at Bali Coconut Living, many of our villas are beautiful retreats in the Bali countryside with gorgeous tropical gardens and stunning bedrooms overlooking ricefields and with an unimpeded view of the Bali horizon. But today we’d like to tell you a little bit about Villa Mirabella, which is a little bit different. A medium-sized villa built in the heart of thriving Seminyak, this one-of-a-kind holiday home is nestled on 209 sqm of lush green land. A longtime member of the upmarket Seminyak neighborhood, Villa Mirabella shares a private entrance with other villas that are within the same compound. A stunning 3-bedroom villa, it is now available for sale at a fantastic price of IDR 3.900.000.000 (as of January 2021). It is available for permanent ownership with a freehold title, which brings great value both in terms of financial security and returns. The villa has several impressive features that you will find interesting: A pool in a private corner Villa Mirabella comes with a small, yet inviting swimming pool, with great potential to be turned into a large-size jacuzzi, perfect for those who love to soak in warm water under the magnificent Bali sky. A twin-bed room Villa Mirabella was designed for weekly and monthly rentals. However, once the villa is yours, and you’ve moved in with your family, this room will be ideal for young children. Otherwise, the twin beds can be replaced with a queen-size bed to accommodate an older child or even guests! Great location in the center of Seminyak Jalan Petitenget is one of the most famous roads leading towards Seminyak. It is home to plenty of exciting cafes, bars, shopping, spas, and restaurants. If you’re looking to live in the thriving heart of this extremely popular area, then you’re in luck. Located within a private Gang (alley) just off this lively road, you can simply walk to some of the best restaurants, bars, and cafes in both Seminyak and Petitenget. Walking a little further to the west gets you to Petitenget’s ancient megastructure, the Masceti Temple, and also Petitenget Beach. Interested in Villa Mirabella? We can show you around. Just give us a call at +62 361 847 6727 at Bali Coconut Living.
An Inspiring Freehold Villa in Canggu: Villa Javelin8 April 2021 by Ade
Ever been inside an art museum? Have you ever wished that your living space brings you the same feelings as that in your favorite art museum? Villa Javelin may be the villa that could offer you a place where you can not only live and work but also feel inspired by the many Balinese paintings and ornaments that adorn almost every corner of the villa. Villa Javelin, the freehold villa unlike any other The previous owner of the house has collected these artworks for years, traveling through different Balinese Art Markets, and even in places, you may not have heard of. The revered masterpieces are proudly displayed within the house, enhanced and complemented by the spectacular interior design. You will not find a jumbled collection of paintings and crafts, but a well-curated placement of artworks that tell a story as you walk through the hallways and traverse from one room to the other. The name of the villa — Villa Javelin — was simply the name registered in our listing. The story behind it is probably something of a mystery. Art enthusiasts may think differently from us ordinary folks. The essentialist’s home The exterior design is simple, straightforward, even minimalistic. But the interior is far from minimalistic, with an essentialistic approach employed by the designer. You could agree that there is a story behind every piece of furniture and decoration. These are what make the Villa Javelin the villa that it is today — inspiring, artistic, modern; remaining true to its essence. This is a home for a family; with three spacious bedrooms, it is nestled in a quiet and peaceful area of Tumbak Bayuh. A rare gem, this property lies on a generous 385 square meters of land. The swimming pool lines up along the side of the building, with plenty of shade from the frangipani trees that surround it. Visit Villa Javelin, an inspiring freehold villa in Canggu. Call us at +62-361-847-6727 and we’ll give you a tour.
Why a Freehold Villa in Berawa is Worth It30 March 2021 by Ade
Berawa offers great value for tourists and for people who simply want to enjoy retirement. Coupled with a freehold land title, you can invest and manage a villa business and earn great profits. Having freehold ownership of a villa in Berawa is a great thing, and in this article, we’ll tell you why. Before you continue reading though, it is important to note that only Indonesian citizens have the right to own freehold property. If you are not of Indonesian nationality, you are still able to invest in a leasehold property, which gives you the right to sublet and earn profits at a margin of perhaps 15% at a 50% occupancy rate. There are many benefits to having a freehold title. You can gain full control of the property, making improvements and therefore increasing the price substantially more. It is definitely easier to sell to other people with a freehold title (Sertifikat Hak Milik, SHM), as you are able to lease or sell completely. You can have peace of mind, knowing that the land price will increase throughout your lifetime, giving you a form of retirement benefit, in the form of assets or, when sold, cash. Why choose a freehold villa in Berawa? Berawa offers great value for tourists and people who simply want to enjoy some peace and quiet. As land prices are reaching all-time highs in Seminyak, and not to mention the prices of everything else, younger tourists and adventure-seeking visitors are moving westward along the shoreline in search of more affordable rentals, hotels, and attractions, while staying close to the great surf and sandy beaches that define Bali as a top international destination. Following this trend, Berawa is projected to be fully developed like Seminyak within 10 years. As of now, it is already a lucrative area for many businesses. Even villa owners who own villas inland can enjoy a piece of the action. Berawa still offers an atmosphere of serenity, with its preserved rice farming culture that many long-term visitors adore. Freehold villa for sale: Villa Casa de Campo Have a look at this charming 3-bedroom villa on a generous 400 sqm parcel. It is a villa with separate en-suite bedrooms that share a manicured lawn, swimming pool, gazebo, and outdoor lounge. This villa makes a perfect family vacation home, making this a potential investment possibility. Casa De Campo is on the market for sale, so contact Bali Coconut Living today.
The Cost of Luxury Villas for Sale in Seminyak15 March 2021 by Ade
Seminyak is a town that enjoys an exquisite reputation, having received thousands of upmarket visitors every year for decades. It’s also a zone of fierce competition among fine establishments, such as 5-star hotels, luxury villas and apartments, beachfront restaurants and clubs, and world-renowned local brand shops. This, of course, has driven land prices to a record high and anyone wishing to invest in a holiday rental to make a steady income stream off this tourism destination will have to be prepared to pay in cash. How much does it cost to own a luxury villa in Seminyak? Let us start with a few benchmarks on what a luxury villa in Seminyak would look like. A basic feature of a luxurious home is that there is a private swimming pool and also plenty of room around the margins between your building and the neighbors’. There should be enough space for a patch of garden or a tree to grow. Based on the above descriptions of a Seminyak luxury villa, we’ve sampled seven different villas and their freehold prices below: Villa Name: Villa Tanya Land Size: 150 m2 Number of Bedrooms: 1 Freehold Price: IDR 3,800,000,000 Villa Name: Villa Puriti Land Size: 200 m2 Number of Bedrooms: 2 Freehold Price: IDR 4,600,000,000 Villa Name:Villa Kifa Land Size: 200 m2 Number of Bedrooms: 2 Freehold Price: IDR 4,725,000,000 Villa Name: Villa Romeo Land Size: 300 m2 Number of Bedrooms: 4 Freehold Price: IDR 6,300,000,000 Villa Name: Villa Valencia Land Size: 190 m2 Number of Bedrooms: 3 Freehold Price: IDR 6,900,000,000 Villa Name: Villa Rofa Land Size: 620 m2 Number of Bedrooms: 8 Freehold Price: IDR 13,000,000,000 Villa Name: Villa Boston Land Size: 850 m2 Number of Bedrooms: 8 Freehold Price:IDR 20,000,000,000 The price of each square meter for each property varies between IDR 20 million to IDR 25 million, with the highest being IDR 36 million per square meter. It is important to note that this number is just an estimate, and may not reflect the value or price of any specific property in Seminyak. There are also other factors at play that contribute to the price of each property. For example, Villa Valencia is located at the beachfront, and guests are able to simply walk to the beach. The interior of Villa Tanya uses some of the best decorative materials and advanced lighting techniques have been implemented here by the architect. If you want to make comparisons between more properties, simply head over to the homepage of Bali Coconut Living and use the Find Property filter. You can sort by land size, location, property type (villa, land, or commercial building), ownership type, and price range. Please do not hesitate to contact us at +62-361-847-6727 so that our friendly representative can help you out.
Beachfront Land for Sale in Bali6 March 2021 by Ade
There are two ways to invest in a property in Bali. You can either buy a freehold villa or buy freehold land in Bali. The former is usually for the more aggressive investors who would risk the initial capital cost in order to generate cash over time. The latter is usually for the more conservative investors who would rather preserve their wealth. Land, especially beachfront land in the Berawa area, is highly likely to see a rise in value. Such land can be a safe haven with low tax that may be sold later for a higher price, which can potentially beat inflation and has better returns compared to most bank interest rates. The price of land could see a steady increase compared to gold, and it is potentially liquid as future developers prefer to build on empty land — not to mention how competitive the property market will be over the next decade. Beachfront land for sale in Canggu at Padang Linjong Here we present a 5 Are (500 square meters) parcel near the beach that is already valued at IDR 8,000,000,000 total price. A villa that is constructed on this land will likely be valued at at least IDR 14 billion. A single villa complex constructed on 5 Are, assuming that we would use 300 square meters for the building, will be able to accommodate at least 3 guests. Currently, a brick road leads to the quiet and serene area, where an apartment building has already stood. It would also be very profitable to a future developer to build a cafe or another place of entertainment so that residents don’t need to venture too far for entertainment and basic needs. 16 Are land for sale in Canggu A few hundred meters from Pantai Munduk Catu, a wide-open field among villas and private houses is ready for sale, currently valued at IDR 8,750,000,000 per 5 Are. You could choose to acquire a minimum of 5 Are or the full 16 Are at a great price of IDR 25,6 billion. For comparison, Villa Gloria with a 14 Are total land size can fetch up to IDR 30.8 billion. You could expect at least an addition of IDR 10 billion from a land investment with 16 Are, provided that the developer is willing to compete with hotels, villas, and high-end establishments in the future. Browse Bali Coconut Living for more properties to choose from. This article is by no means a financial advice and estimated returns are speculative. Please consult with a qualified financial advisor to accurately gauge the risks and opportunities of property investing.
Luxury Bali Apartment for Long Term or Monthly Rentals1 March 2021 by Ade
Apartments in Bali don’t typically look like the high-rise apartments in large metropolitan areas. For one, a Bali apartment consists of at least two building units, back-to-back, that are typically two stories tall. The buildings share a small private driveway and walkway, and the more luxurious of the apartments have a shared swimming pool and cleaning services. In this article, we feature Leo Apartment, a luxury apartment in Kerobokan, North Kuta, that offers you a 4-star hotel experience for one whole month at a fraction of the price. Of course, you can extend your stay as this apartment is also suitable for long-term stays. It’s a perfect option for longer-term stays or frequent visitors, but without the commitment to own a villa in Bali. Perfect location If you are staying long term, you shouldn’t choose a property that is directly near the beach, unless you absolutely love seeing the beach every single day of your stay in Bali. Kuta and Seminyak beaches, while beautiful in many respects, are high-traffic tourist zones, meaning getting in and out of your residential area will be more challenging due to traffic the closer you are to the beach. Leo Apartment is located around 10-20 minutes from the buzzing seaside destinations, and its location offers you a chance to explore other parts of Bali that are equally beautiful but less traveled, such as Tabanan, Karangasem, and Bedugul. Added value at every detail The management at Leo Apartment has dedicated long hours to preparing the best experiences possible for its residents. From the chosen furnishings to the cleaning and maintenance service that are fully responsible for keeping the apartment rooms and surroundings in tip-top shape. Choosing an apartment in Bali for long-term rental may pay off in the long run. You don’t have to buy any furniture, appliances or kitchen utensils in order to live a comfortable and normal lifestyle. You also don’t have to spend hours maintaining every facet of your property. Finally, you are also not tied to one single location, giving you ultimate freedom. Should you have any questions, our friendly representatives here at Bali Coconut Living can help you out. Simply contact us at +62-361-847-6727.