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Bali Property Long Term vs. Short Term Rentals: Which Strategy is Better for Investors/Owners?
15 November 2021 by AdeThinking of renting out your home or property here in Bali? Putting your property on the market is easy enough - all you need to do is figure out whether you would like to rent it out on a short-term or a long-term basis. Your decision should be based on a few factors including location, type of property, supply, and demand, among others. Let’s take a look. Long Term Rent Cash Flow With long-term tenants who pay right on time, you can be sure of a predictable and stable cash flow. You won’t have to follow up with them every single month for payments as they would be making large yearly or twice yearly payments. Additionally, you can be sure that they won’t up and run in the middle of the night, leaving you high and dry. Even if they do, you won’t have to worry as payment has been made up-front, so all you need to do is find a different tenant to take over! On-Going Maintenance Long-term tenants tend to care more about the home or property that they are staying in. Whether it is furnished or unfurnished, long-term tenants would invest more time and energy turning your property into a home, a place that they would love and feel safe, cosy, and comfortable. Utility Bills & Damages Long-term tenants would have to foot the utility bills. Here in Bali, this would usually mean electricity bills, cable TV, and anything else that aren’t included in the agreement. WIFI is usually included but if they were to break or damage anything on purpose, they would have to pay to replace and repair any and all damages. You could also ask for a security deposit if you’re worried about rogue tenants causing trouble anytime throughout their stay. This applies to both long and short-term rentals. Short Term Rentals More Rental Income Renting out your property on a daily, weekly, and monthly basis can really increase your earnings. This is especially true during the high season when prices would be adjusted to meet market demand. You can enjoy full occupancy for months on end. But do keep in mind that with daily and weekly rentals, and some monthly rentals, you will need to foot all utility bills including electricity, WIFI, and water. Unfortunately with short-term rentals, the cost of maintenance and upkeep would be higher. With every new check-ins and check-outs, there would be laundry, linen change, and general cleaning. The cost would be even higher if you have a pool and a garden, which needs to be maintained every few days. As holidaymakers are looking for beautiful, clean, and aesthetically pleasing places, you would need to make sure that your place is sparkling clean, shiny, and bright. Marketing & Advertising To get tenants, you’ll need to constantly promote your property whether through social media or property agents. It will consume time and energy but without these, you run the risk of leaving your property empty for extended periods of time! Ready to put your property on the market? Contact us now. Bali Coconut Living is a leading Seminyak-based villa property agent ready to assist you in buying, selling, and villa maintenance!
Bali Property Ownership for Foreigners and Which One You Should Choose
8 November 2021 by AdeThinking of owning property in Bali? Before signing on the dotted line and putting in any money on the property that you’ve been eyeing, there are a few important things that you must know. One of them is the types of ownership that are available in Bali and Indonesia. This is very important especially if you’re a foreigner. Let’s take a look. Hak Milik / Freehold There are different titles for both land and property in Bali and each title connotes a different meaning. The “freehold” title or “Hak Milik” means that only Indonesian citizens can hold this title. If you’re a foreigner and you’re tempting to hold a freehold land, it will automatically be deemed void, and therefore, the land will automatically belong to the government. Hak Pakai / Right Of Use A secondary title, known as “Right of Use”, or “Hak Pakai” is the best option for a foreigner. With a built-in extension of 25 years, the title comes with renewal after 20 years with only a small tax implication. There is no mention anywhere in Indonesian law that these extensions or renewals cannot be continued as long as it is done on state-owned land. Some restrictions to this title would include the size of land and property and that you must hold a valid permit to stay in Indonesia such as a KITAP or a KITAS. Hak Guna Bangunan / Right To Build The third title is a commercial title; “Hak Guna Bangunan”, which means “right to build”. This title is compulsory for both foreign and Indonesian companies buying, selling, or managing villas for commercial purposes. The good news is that there are no restrictions for a foreign PT PMA owning such a company 100% as long as it is a 4-star and up. Remember that you must also obtain your accommodation license and Ijin Mendirikan Bangunan (IMB). All of this may sound confusing, not to mention stressful, especially if this is your first time navigating the Indonesian property landscape. Doing it by yourself can be quite a challenge. It will also take up a lot of your time. Why not engage the services of a trusted, reliable, and credible property agent here in Bali? Bali Coconuts Living has been serving scores of satisfied customers with experienced consultants helping you every step of the way. You won’t ever have to worry about property laws, paperwork, bureaucracy, or scammers trying to get the better of you. Contact us now. Bali Coconut Living is a leading Seminyak-based villa property agent ready to assist you in buying, selling, and villa maintenance.
The Perfect Freehold Villas For Your Island Life in Bali
4 November 2021 by AdeIt seems that the borders are reopening! Many new expats and foreigners have arrived in Bali and if you’re one of them, you’re probably looking for your own beautiful and luxurious tropical villa to call your own. Villas in Bali are incredibly affordable and if you’re thinking to buy, now would be the best time; prices are lower and there is less competition due to the pandemic, at least for now. You could also opt to rent! Whether monthly or yearly, there will be plenty of stunning options for you to choose from. So let’s take a look at a few of our most beautiful villas that you may love. Villa Cicak Beautiful, modern and distinctly tropical, Villa Cicak comes with spacious, sunlit interiors that overlook the garden and swimming pool. Built on 155 sqm of land, there are 3 floors, 3 bedrooms, and 3 bathrooms. It is luxurious yet homey, enclosed yet spacious, with lovely hardwood accents and beautiful stone floors. It is lovingly and thoughtfully furnished and very well maintained, ready for you to move in! There is a fully-equipped modern kitchen, a living room with a large flat-screen TV, a billiard table and the master bedroom on the top floor comes with vaulted ceilings and a balcony, with gorgeous views of Canggu’s skyline. The Villa is within walking distance to Batu Bolong Beach and is available for sale, or for monthly rent. Villa Oval A taste of the Mediterranean! Villa Oval is a stunning all-white villa with dark blue and black accents. The villa is truly unique with floor-to-ceiling windows, vaulted ceilings, and arched openings in between rooms. Interesting features include the entertainment and living-dining areas with sunken seats, a pool, black ceiling fans, and black chandeliers. There are more arched doorways here set against blue-and-white curtains. It’s all very sumptuous and opulent with European-style décor, cosy nooks and bright windowsills made even cozier with soft gauzy curtains and lush potted palms. Set in the heart of Petitenget, Villa Oval has 3 bedrooms, 3 bathrooms, a fully-equipped kitchen, and a guest bathroom. Available for sale and for yearly rent. The Vintage House If you’ve ever dreamed of owning or living in a luxury jungle hideaway, then The Vintage House is for you. Surrounded by lush rice fields and hidden behind verdant foliage, it is a magical refuge housed within an antique joglo. The entire property embraces the elements, seemingly becoming one with nature. Here in the semi-open living room, there is a large-scale carving of Buddha’s face and a balcony that overlooks the jungle. There are plants everywhere surrounding the villa, as well as intricate Indochina-inspired chandeliers, koi ponds, romantic bedrooms with lovely four-poster beds, and a fully-equipped kitchen all set in hardwood and natural materials. Built on 370 sqm of land, the villa is set in the heart of Ubud and comes with 3 bedrooms, 3 ensuite semi-outdoor bathrooms. Available for sale. Ready to find your freehold Bali villa? Contact us now. Bali Coconut Living is a leading Seminyak-based villa property agent ready to assist you in buying, selling, and villa maintenance. Feel free to browse through our listings of freehold or leasehold apartments, available for sale and for rent in all of the most popular areas including Seminyak, Umalas, Uluwatu, Jimbaran, and Canggu.
Land for Sale in Bali’s Prime Neighborhood: Canggu
3 November 2021 by AdeOwning land in Bali’s popular and prime neighbourhood Canggu comes with its own prestige. Canggu is South Bali’s most sought-after location with huge potential for growth. Only a fraction of this seaside town is developed and there are still unlimited possibilities for new and exciting projects and developments to come. Before the pandemic hit, land prices in Bali and especially Canggu were at an all-time high due to high demand from both locals and foreign investors. The word is out that Canggu is a trendy and fashionable utopia, an exciting new market for a whole new category of travellers looking for something fresh and exciting, but still distinctly tropical. This demand will continue after the pandemic dies down. Even now, with the borders closed and interests concentrated on the local market, there is still significant demand for land in Canggu. So if you’re looking to buy land in Canggu, now is the time. Prices are lower, there is less competition, plus owning land is the safest investment there is. Here are two of our most popular pieces of land in the most highly sought-after locations in Canggu for your consideration. Land For Sale – 250 sqm in Berawa, Canggu This lush plot of land is located right next to a productive rice field and would make the ideal spot for a house, a villa or a restaurant. There’s a paved road for easy access. Priced at IDR 3,750,000,000, the land has a freehold status and is only minutes away from Berawa Beach. Land For Sale – 1000 sqm in Berawa, Canggu This huge plot of land is currently a banana plantation but would be perfect for a villa or a small hotel or guesthouse. Total price is IDR 15,375,000,000 or IDR 1,537,500,000 per sqm. This freehold land is located within a quiet villa neighbourhood, close to all of Berawa’s most popular attractions! Ready to find your freehold land in Canggu? Contact us now. Bali Coconut Living is a leading Seminyak-based villa property agent ready to assist you in buying, selling, and villa maintenance. Feel free to browse through our listings of freehold or leasehold apartments, available for sale and for rent in all of the most popular areas including Seminyak, Umalas, Uluwatu, Jimbaran and Canggu.
Spacious Homes for Rent in Bali
28 October 2021 by AdeYour home is where your heart is but it should also be comfortable, relaxing and spacious. This is especially true if you have a family or are living with someone. In this day and age, many of us are working and studying from home so it is important that everyone has their own space to work or study in throughout the day. Spacious homes will also give you a sense of space, so you won’t feel cluttered or boxed in, which could lead to some stress. Wide-open spaces can be inspiring and allow you to conduct all your activities in comfort and privacy whether it’s work or play. So if you’re looking for a spacious home here in Bali, let us show you a few of our top favourites that you will love. Villa Dyani You don’t have to travel to Tulum in Mexico when you can stay at Villa Dyani! This gorgeous black and white villa will steal your heart with its arched doorways and columns, unique floor tiles, wrought iron railings and light fixtures and unique tropical accents. The very first thing that we need to mention is that this villa comes with two pools! The larger pool is surrounded by an incredibly expansive tropical lawn and garden while the other one is located close to the main house and surrounded by tall sandstone walls and floors. Inside, it is bright and airy, a cool respite from the heat outside with an ambience of a lavish Mexican-inspired mansion with warm mood lighting, arched columns, gleaming floors and furniture and beautiful boho-inspired decorations. There are large windows in every room and all 3 bedrooms come with romantic four-poster beds and glass doors overlooking the pool and garden. Villa Dyani is built on 300 sqm of land in popular Padang Linjong in Canggu. It is available for yearly rent. Villa Shani If you need a villa that can accommodate up to 8 people, then Villa Shani is the villa for you. Located in bustling Berawa close to schools, restaurants, shops, spa, entertainment, and the beach, Villa Shani comes with 4 cosy bedrooms with ensuites, a spacious closed living and dining area that overlook the pool, a fully equipped kitchen, an outdoor terrace, balconies, a lovely garden, and a large rectangular swimming pool. There is so much space in every room, every nook, and cranny. You won’t have to worry about running into your friends or family members as there is enough space for everyone! Villa Shani is built on 300 sqm of land and is available for yearly rent. Villa Sansiviera 5 A lovely modern villa in the heart of Seminyak, Villa Sansiviera 5 gives you a sense of seclusion and privacy with a tall wall surrounding the lush outdoor area that is the pool and sundeck. Inside, it is spacious and bright, with minimalist décor and bright lights for a vibrant and uplifting atmosphere. The semi-open living and dining area overlooks the pool and there is a fully-equipped kitchen. All 3 bedrooms are spacious, cosy, and comfortable and come with their own ensuites and balconies. Villa Sansiviera 5 is built on 300 sqm of land and is close to all amenities in Seminyak and Petitenget and is now available for yearly rent. Ready to find your very own spacious home for yearly rent in Bali? Contact us now; Bali Coconut Living is a leading Seminyak-based villa property agent ready to assist you in buying, selling, and villa maintenance. Feel free to browse through our listings of freehold or leasehold villas, available for sale and for rent in all of the most popular areas including Seminyak, Umalas, Uluwatu, Jimbaran and Canggu. If you have any questions or inquiries, do contact us by clicking on this link, or call us at +62 361 847 6727.
Large Villas for Monthly Rent in Canggu
25 October 2021 by AdeAre bigger villas better? We think they are and we know that you think so too! A spacious, sprawling villa gives off a sense of luxury and openness that welcomes you into the space; something you won’t be able to get with simpler, more compact homes. In larger villas, you will be able to fully enjoy luxe island living to the fullest, with floor-to-ceiling windows, an expansive lawn, spacious rooms decorated with lavish art and furniture and opulent bathrooms fit for royalty. Whether you prefer elaborate interiors or something simpler and contemporary, a large villa will give you the feeling that you have “arrived”, something that everyone wants at some point in their lives. If you’re one of them, then come with us to take a look at some of our most luxurious and spacious villas in Canggu! Villa Young Located just minutes away from the famous Berawa Beach, Villa Young is a stunning and modern 2-storey tropical villa that combines high-end earthy elements with elegant, modern furnishings and charming Balinese accents. Floors and walls are sand coloured with warm wood finishing on all glass doors and windows. The villa is bright and airy with gorgeous spaces that melt into one another, layered with beautiful matching furniture, interesting textures, carpeting and artwork. There are 5 bedrooms that sleep 10, each with its own ensuite. You will love the use of natural stones, wood and bamboo that are replicated throughout the villa. The fully-equipped kitchen is stunning with slatted cupboards and marble countertops and outside, there is a flourishing tropical garden and sundecks with sand coloured umbrellas surrounding the pool and an outdoor bale. Villa Young is measured at 315 sqm and sits on 448 sqm of land allotment. It is now available for monthly rent and for sale. Villa Royal A gorgeous 6 bedroom villa nestled in a trendy area of Batu Bolong, Villa Royal will appeal to those with an affinity to modern architecture. A stunning all-white building with a flat roof, the villa sprawls across 1100 sqm of lush green land. Inside, it is sumptuous and welcoming, with warm and inviting hues and unparalleled luxury that entices one to take some time away to unwind. There is an ambience of romantic opulence with statues, ornate furnishings, gilded light fixtures and exotic carpets. Villa Royal comes with 6 grand bedrooms, each with its own ensuites, a fully-equipped kitchen, a gym, the elegant living and dining spaces lead out to a wide terrace with an outdoor bar and dining area, balcony, pool, garden with gazebo and parking space. The villa offers elegant living and entertainment spaces that stretches out to a wide shared terrace, which serves as the centre stage for the entire property, all just minutes away from the beach. Stay here and you’ll truly feel like royalty! Villa Royal is available on the market for monthly and yearly rental. Villa Lunaria Distinctly tropical yet effortlessly elegant, Villa Lunaria will charm you with its lovely alang-alang roofs, a taste of Bali in the days gone by. It goes so beautifully well with the villa’s sleek and contemporary exteriors and modern interiors. The entire villa comprises 4 individual units, with the largest one being the main building with a living room, a fully equipped kitchen and a dining area. The entire property overlooks its own private pool and lush green lawn. Seven bedrooms can accommodate up to 14 persons. All bedrooms come with vaulted alang-alang ceilings, floor-to-ceiling glass windows, and an outdoor terrace as well as indoor-outdoor bathrooms that are incredibly exotic and tropical. Villa Lunaria is just minutes away from Berawa Beach and is now available for monthly rent. Ready to find your very own large villa for monthly rent in Canggu? Contact us now; Bali Coconut Living is a leading Seminyak-based villa property agent ready to assist you in buying, selling, and villa maintenance. Feel free to browse through our listings of freehold or leasehold villas, available for sale and for rent in all of the most popular areas including Seminyak, Umalas, Uluwatu, Jimbaran and Canggu. If you have any questions or inquiries, do contact us by clicking on this link, or call us at +62 361 847 6727.
Now is The Right Time to Invest in Leasehold Villa in Canggu
22 October 2021 by AdeBali has definitely not lost its charm and its appeal despite the Covid-19 outbreak. When the pandemic started in 2020, international tourists were prohibited from entering Bali but domestic tourists were still making frequent trips to and from the Island of the Gods to enjoy a little break in the sun. Canggu is still crowded with foreigners who can’t leave the island due to travel restrictions, and we know for a fact that once borders open up, there will be a major influx of international and domestic travellers pouring into Canggu looking for villas to rent. So if you’re planning to invest in a leasehold villa in Canggu, now would be the best time. Prices are at the lowest they’ve ever been, and you’ll have plenty of options to choose from. Here are 3 reasons why you should invest in a Leasehold Villa in Canggu now: 1. Buyer’s Market If you’re looking to and are in a great position to invest, then now is definitely the best time to invest in a leasehold villa in Canggu. According to Nikkei Asia, rental rates for the island's 4,000 villas have been slashed by as much as 85%. Asking prices are now between 30 - 50% below pre-Covid-19 asking prices. This is the golden opportunity for you to take advantage of lower prices and low-interest rates. There would also be fewer people competing for each property so you can take your time to find the perfect villa that suits all your preferences. 2. Long-Term Investment We know for a fact that property prices will bounce back once the borders reopen and the economy regains momentum, so if you can get your foot in the door now, you will likely be rewarded with a solid Return On Investments in the long term. Rental prices will most likely triple too once the demand for villas in Canggu increases. 3. Guaranteed Returns Analysts at Mckinsey have predicted that Indonesia will become one of the largest economies globally by 2030. There is also a strong indication that individuals and families would seek to live in a place with warm weather, friendly cultures, and beautiful surroundings that is generally more affordable than big cities. Tourism in Bali might also change towards becoming more sustainable with long-term visitors, instead of mass tourism with holidaymakers seeking cheap and fast rentals. Ready to find your leasehold villa in Canggu? Contact us now. Bali Coconut Living is a leading Seminyak-based villa property agent ready to assist you in buying, selling, and villa maintenance. Feel free to browse through our listings of freehold or leasehold apartments and villas, available for sale and for rent in all of the most popular areas including Seminyak, Umalas, Uluwatu, Jimbaran, and Canggu.
East Bali Villas For Sale
19 October 2021 by AdeEast Bali is a wonderful place for a retreat; peaceful, green, and calm, here is where you’ll find pristine coastlines, quiet sandy beaches with sparkling blue water, thriving ricefields, breathtaking viewpoints from atop soaring cliffs and hilly bays surrounded by lush and untouched greenery. Everywhere you go in East Bali, you’ll have the magnificent Gunung Agung standing majestically in the background, adding to the sense of adventure and escape. It is the ideal destination if you want to escape the crowds of Seminyak and Canggu and just spend some quiet time with yourself and your loved ones in an easy-going and laid-back atmosphere. If you’re someone who loves to pack up and escape the hustle and bustle of modern living, then owning a home here in East Bali might just be perfect for you. Imagine having a beautiful Balinese villa in the countryside to go to whenever you wish! Just a few hours away by car or bike and you’re in another, quieter version of paradise, ready to rejuvenate, relax and unwind. Let’s take a look at some Bali villas for sale in East Bali that you may love. Villa Damai Located in the popular resort town of Candidasa in Karangasem, East Bali, Villa Damai is a nest of tranquillity, a beautiful stone, wood, and alang-alang structure built with love and care that you can now call your own. It’s a charming space with marble walls and floors, vaulted ceilings, wooden accents, and a traditional Balinese roof. There are 2 bedrooms with 2 bathrooms, a closed living area with glass doors, a kitchen, and 2 outdoor gazebos. The entire property overlooks a large swimming pool that is nestled in between the main house and the outdoor living spaces. Balinese statues dot the garden area and there is a high wall surrounding the 400 sqm beachfront property. The villa ages well, thanks to the use of premium and high-quality natural materials. It is the perfect cocoon for those who are looking for a second home in nature that they can retouch, remodel and upgrade. Villa Coco Breeze If you love solitude, nature and adventure, then Villa Coco Breeze is everything that you could ever dream of. This rustic, charming and cosy collection of 4 wooden villas is nestled under groves of tall coconut trees in a lush, well-kept garden that is metres away from a white sandy beach. Privacy and exclusivity are assured as the land that the villas is built on are huge, measuring 9340 m2. Built to embrace its surroundings, Villa Coco Breeze is a home that you would normally read about in children’s books – a small, lovely and welcoming cottage nestled amidst fragrant foliage where it is always summer and the neighbours are always happy and welcoming. Now it has come to life in the pristine shores of Karangasem, a mini-resort that you can call your own. Each cottage comes with a bedroom with an ensuite, a semi-open living area and an outdoor terrace. The entire property shares a swimming pool, outdoor gazebos and living areas, a kitchen and a breathtaking view of the sand and the sea from within the villa’s grounds. Ready to start exploring your dream East Bali villa? Contact us now. Bali Coconut Living is a leading Seminyak-based villa property agent in Bali ready to assist you in buying, selling, and villa maintenance. Feel free to browse through our listings of freehold or leasehold villas, available for sale and for rent in all of the most popular areas including East Bali, Seminyak, Umalas, Uluwatu, Jimbaran and Canggu.
Close-to-the-beach Apartments for Rent in Bali
11 October 2021 by AdminOne of the best things about living in Bali is that you’ll get your pick of beautiful homes just minutes away from the beach. There are no shortages of wonderful homes to choose from, whether villas, apartments, or guesthouses. An apartment is a fantastic choice if you’re looking for something modern, luxurious, spacious, and fully equipped. You’ll get to enjoy all the luxury and comfort of modern living without having to pay for the price of a lavish tropical villa. You’ll also get to enjoy maximum privacy and security too as most apartments are built within a secured and gated compound with CCTVs. Apartments are also the smarter and more convenient choice for those who are often busy and on the go. Fees would usually include utilities, maintenance, and upkeep. The exteriors and communal areas like the pool and garden would be maintained by the landlord. All you really need to do is move in! If you’re in the market for some lovely, modern, and luxurious apartments here in Bali, here are some amazing picks that you can consider: Alma Seminyak Apartment A stunning two-storey, self-contained and fully-furnished loft apartment, Alma Seminyak is modern and pristine, with spacious living and dining on the ground floor. There is also a fully-equipped kitchen, plenty of storage space, a modern and contemporary bathroom, and all of today’s modern creature comforts at your fingertips such as a flat-screen TV with international channels and fast WIFI. The bedroom is on the second floor, a cosy yet intimate space for a great night’s sleep. This stunning apartment is located in the heart of Seminyak, just minutes away from the beach and all of the hottest and most sought-after cafes, restaurants, bars, spas, shopping, and beach clubs. Alma Seminyak is perfect for those who are constantly on the go or those who prefer to make a living working online. The apartment is quiet and tranquil, with fast WIFI so you can be sure of stable and consistent connectivity. Miranda Apartment Miranda Apartment is truly one-of-a-kind. If you’re an artistic soul or someone who prefers a home with character instead of the usual sleek and contemporary, then this apartment is for you. It was inspired by the warm and rustic heritage homes of South East Asia from the pre-colonial era, with distinctly vintage vibes but with a young and vibrant personality. The main living and dining areas flow seamlessly into each other. The kitchen is nestled in its own cosy nook, complete with cooking utensils and apparatuses. The plush king-sized bed is located within the same space but behind a wall of artistic bamboo accents for a sense of privacy. Miranda apartment is fully furnished with colonial-inspired rattan furniture created for modern living. The grey cement floors create a beautiful contrast to the vibrantly coloured walls, with tropical-themed lighting and carpets that pull the entire space together. Live green plants add warmth to the apartment, which is surrounded by vintage-style floor-to-ceiling wrought-iron windows that are further enhanced with flowy curtains. This is a breathtaking apartment, definitely one of its kind in Berawa, Canggu and comes with all of today’s creature comforts including fast WIFI, a flat-screen TV with international channels, a modern bathroom, and a fully-equipped kitchen. Alma Canggu Apartment This two-storey, self-contained, and fully-furnished loft apartment was designed to mimic the unique structure and styles of the famous blue-and-white houses that dot the hillsides of Santorini, Greece. It is located within its own gated space, with a cobblestone walkway, stark white exteriors, delightful blue doors and windows, and garlands of Bougainvilleas adding a pretty dash of colour to the entire ambience. There is a spacious living and dining room on the ground floor. There is also a fully-equipped kitchen, plenty of storage space, a modern and contemporary bathroom, and a balcony on the rooftop. The bedroom is on the second floor, a cosy and intimate space with a small skylight near the ceiling, which gives the room a bright and airy feel. There are steps leading up to the balcony, perfect if you want to soak in the sunshine and enjoy the island breeze. All residents of Alma Canggu will of course have access to a shared pool and parking space will be provided per unit. This stunning apartment is located in the heart of Berawa in Canggu, just minutes away from the beach and all of the hottest and most sought-after cafes, restaurants, bars, spas, shopping, and beach clubs. Ready to find your dream apartment here in Bali? Contact us now. Bali Coconut Living is a leading Seminyak-based villa property agent ready to assist you in buying, selling, and villa maintenance. Feel free to browse through our listings of freehold or leasehold apartments, available for sale and for rent in all of the most popular areas including Seminyak, Umalas, Uluwatu, Jimbaran, and Canggu.
Is it Necessary to Get Property Insurance After Buying Property in Bali?
4 October 2021 by AdeSo you’ve finally purchased your dream home here in Bali Villa ! Congratulations! Now that you’re a proud homeowner, there is going to be plenty to keep you busy, from maintenance to upkeep and utilities. One of the most important matters that you should think about as a homeowner is Property Insurance. Should you get one and what is it for? Firstly, let’s take a look at the types of Property Insurance that are available in Indonesia. In general, there are two: Homeowners Insurance and Business Insurance. If you’re not planning to run a business out of your home, then the obvious choice would definitely be the Homeowners Insurance. Homeowners Insurance Homeowners insurance is for private homes owned by a person and not a business. The idea behind home insurance is to cover losses and damages to your residence, along with furnishings and other assets in the home. Homeowners insurance also provides liability coverage against accidents in the home or on the property. Every homeowner insurance is different depending on the company and the policy that you choose. Remember to properly understand what is and isn’t covered; ask a lot of questions and read the fine print. In general though with any policy, your actual, physical dwelling should be covered, as well as some other structures on the property, like your garage, fence, pool, and driveway. Based on the Indonesian Fire Insurance Standard Policy (PSAKI), a home insurance policy would cover damages caused by the following: Fire Lightning Explosion Fall of Airplanes Smoke Wind / Hail You can also extend your policy to cover the following: Storm Riot Protection of valuables Protection if an injury to a third party Financial protection in the event of damages to the property of the insured Temporary residence accommodation if the house/building is damaged and cannot be inhabited again Bonus Tip: If you’re planning to rent out your property, you may want to consider applying for landlord insurance for unexpected damages that can cover furniture, appliances, and other items. The coverage can be extended to cover legal costs, loss of income, and more. It would also be wise to also take into consideration the possible risks of earthquakes, volcanoes, and Tsunami, as Indonesia sits on the “ring of fire”. We’ll never know what the future holds but it is always best to protect yourself, your loved ones, and your investment the best possible way there is. Ready to get started? There are many internationally-renowned insurance companies here in Bali, including Allianz, AXA, MSIG, and more. You can contact one, or all and speak to the agents individually. You could also speak to other homeowners here in Bali and ask them for their tips and advice. Based on all your research, we are sure that you’d make the right decision when it comes to protecting your home and your loved ones.
Hilltop Land For Sale In South Bali
28 September 2021 by AdeOwning land in Bali would be one of the smartest and most valuable investments that you could do for your future self. Land value throughout the island has been growing exponentially since the 1970s and has never really stopped! Additionally, a piece of land is pretty much low maintenance; you won’t need to pay utility bills, there are no mortgage payments or insurance and taxes would be minimal. After purchase, you can pretty much leave it alone and know that it would most likely remain in one piece. Despite the current global situation and the pandemic, now would be one of the very best times to purchase land. It’s definitely a buyer’s market with landowners slashing down prices to meet current market conditions. Here are some reasons as to why you should invest in a plot of land or two here in Bali. 1. Fantastic Passive Investment With land, you don’t need to worry about upkeep or maintenance until the time comes for you to start development! You can safely use it as an investment vehicle for the future and you won’t have to worry about your land being stolen! 2. Returns Without Increasing Risks The land that you purchase will not disappear or vanish as shares or stocks can. It is tangible and physical and it is all yours. Despite the global economic situation, land ownership will not change. 3. Land Is Limited Remember when Seminyak and Canggu were mostly rice fields? That was only 10 years ago. With the growth of tourism and the expat and local community here in Bali, land will continue to be snapped up and developed as towns and communities expand. There’s no time like the present to get in on this growth. 4. Land Is Affordable Land is inexpensive to own and over time it will grow in value. There are no mortgage payments or utility bills. There are no extra charges for security, maintenance, electricity or internet. No roof needs to be replaced. Once you purchase your plot of land, it can just quietly sit there until you decide what to do with it! 5. Guaranteed Income or Profit Land is less costly to buy than developed real estate, just because there is nothing on it. Just make sure to do your due diligence and make sure that the piece of land is in a path of growth, something that could attract future developers. You could sell that property for multiple the amount that you bought it for, and enjoy guaranteed profit! Now that you know all the great reasons to own yourself a piece of land here in Bali, why not start browsing? Remember that location should be your number priority. John Jacob Astor, a real estate mogul once said, “Buy and wait. Buy near a growing city. Buy when other people want to sell. Hold on to what you buy!” Here in Bali, hilltop land with breathtaking views are in extremely high demand as they make the most incredible locations for villas, retreats, and resorts. The land’s elevated position would also ensure unimpeded views all around, fresh air, and the sea breeze. One prime example would be our 14 Are Hilltop Land in Nusa Dua. This plot sits on lush, thriving land surrounded by beautiful foliage and with 360 degrees of unimpeded views. The land size is 1400 m2, freehold, and is priced at IDR 580,000,000/are. Another fantastic land available for sale would be our 20 Are Hilltop Land in Jimbaran-Ungasan that comes with amazing views of the GWK statue, Gunung Agung, and the lush valley below. The land size is 2000 m2, freehold, and is priced at IDR 525, 000,000/are/year. Ready to view some prime land here in Bali? Contact us now. Bali Coconut Living is a leading Seminyak-based property agent ready to assist you in buying and selling land. Feel free to browse through our listings in all of the most popular areas including Seminyak, Umalas, Uluwatu, Jimbaran and Canggu.
Why a Freehold Villa in Seminyak is Worth the Investment
24 September 2021 by AdeWhen it comes to owning property, everyone knows that location is everything, and Seminyak is definitely one of Bali’s most prime and sought-after locations! With a stunning stretch of golden beach and trendy streets lined with the most celebrated brands and names in fashion, dining, and entertainment, from hotels to beach clubs, restaurants, and boutiques, Seminyak attracts thousands of visitors on a daily basis. So if you’re in the market for a beautiful and luxurious freehold Bali tropical villa, why not take a look around Seminyak? It’s definitely worth the investment! Here are a few reasons why: 1. It makes a great base for all things Balinese Bali has so much to offer and making Seminyak your base while you’re on the island is a smart move and a fantastic idea. Seminyak is a colourful cosmopolitan in its own right. Everything you could ever need is available to you with just a quick drive or a walk away. Delivery services with fast turnaround times are also available, meaning you will never have to leave the comforts of your Seminyak villa if you don’t want to! 2. Entertainment round-the-clock Whether you’re in the mood for a quiet and relaxing day soaking up the sun by the pool or are looking to have a thrilling time out and about, Seminyak offers round-the-clock entertainment and exciting services to cater to your every need, from live music on the beach to a luxurious experience at a beach club or a heart-pumping night in Seminyak’s many glitzy nightclubs. You will never feel bored here with fun waiting at almost every corner! 3. Easy access to everything As Bali’s most thriving tourists’ hub, staying in Seminyak means you will have access to all the delights of the island including massages on the beach or in extravagant world-class spas. You can also look forward to amazing shopping at renowned designer boutiques, local brand stores, art galleries, and souvenir shops. You can practice your bargaining skills at the local stalls selling everything from rattan bags to flip flops and handmade local wares. 4. An Incredible Restaurant Scene If you love dressing up and dining out, then Seminyak is definitely for you. There is an incredibly wide range of restaurants, beach clubs, and cafes to choose from, offering delicious world-class cuisine in stunning interiors designed to caress your stimulate and complete your entire dining experience. Here in Seminyak is also where you’ll find the biggest names in the local culinary scene as well as exciting new cafes with innovative concepts. With so much variety available, you’ll be able to try a different restaurant every night! Ready to find your dream freehold Seminyak villa here in Bali? Contact us now. Bali Coconut Living is a leading Seminyak-based villa property agent ready to assist you in buying, selling, and villa maintenance. Feel free to browse through our listings of freehold or leasehold apartments, available for sale and for rent in all of the most popular areas including Seminyak, Umalas, Uluwatu, Jimbaran, and Canggu.