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If you’re reading this then you’re probably in the market to buy property in Bali. This is a great move as you could enjoy high, consistent returns over the long run. Land and property will always be in demand, especially in a popular tourist destination like Bali.

Turning your Bali property into a vacation rental could generate a passive income no matter where you are in the world. You can even choose to stay in the property when you’re in town. 

But before you sign on the dotted line, it’s important to do your due diligence whether you’re looking to buy Bali real estate for sale, invest in Bali property rentals, a Bali beach house or a luxury villa.

The first thing that a smart investor would do is to book a property consultation with one of Bali’s best and most trusted property agencies. Having a great property partner would ease your real estate journey significantly.

In addition to helping you navigate Indonesia’s complicated property laws and landscape, your property partner will assist you as you negotiate with property owners, notaries, lawyers, the banjar and other local authorities.

A certified property agent can also keep you from getting scammed. There have been cases here in Bali where property “owners” have run off with deposits!

So if you’re looking for a property business partner and a property agent in Bali, look no further than Bali Coconut Living. We’re experts in Bali property law and a Seminyak-based villa property agent that is always ready to serve you if you need assistance in buying, selling, and even maintaining a villa.

Now that we’ve covered the most important points, let’s look at buying the property of your dreams here in Bali.

One of the most important things to understand is the legalities and Indonesian property law

There are 3 main types of property ownership here in Indonesia and if you’re a foreign citizen, it would be good to know early on that foreigners aren’t legally allowed to own land or property here.

But you could always “purchase” a leasehold property. Simply put, a “lease” means long-term rent – you “own” the property for a number of years whether 25 or 70 years, depending on your agreement with the owner. This does not include the land that the property stands on.

Payments can either be made annually, or you can make full payments upfront to cover the entire duration of the lease. Once the lease has expired, you can negotiate to renew the lease or the property will be returned to the rightful owner and reverted back to its freehold status.

Ready to buy your own property in Bali? Contact Bali Coconut Living now, and feel free to browse through our listings of freehold or leasehold Bali property available for sale and for rent in all of the most popular areas including Seminyak, Umalas, Uluwatu, Jimbaran and Canggu.