Blog
Investing In An Off-Plan Property In Bali
20 October 2023 by Seo Manager
Smart investors and potential homeowners looking to get themselves a slice of Bali’s coveted villa or real estate market can consider an off-plan Bali property.
Investing into a luxury Bali villa or a Bali property would usually require large amounts of capital, but with an off-plan property, you can get yourself a Bali villa and get your foot on the property ladder at a much lower price when compared to purchasing a new build villa or an existing villa that is currently available on the property market.
In addition to lower capital, you can also expect multiple returns on investments and an impressive addition to your property portfolio by obtaining an off-plan Bali property in one of the most sought-after locations on earth.
What Is An Off-Plan Property?
An off-plan property is a property or a villa that has not yet been built. For example, if you’re looking to buy an off-plan Bali villa, then you’re essentially entering into an agreement with the property developer to purchase a Bali villa based on plans, blueprints, measurements, and artist’s rendering. Construction has not yet begun, and there is no physical villa or building for you to survey or look at.
You’re probably wondering if an off-plan property is a good idea – there are actually lots of benefits to purchasing an off-plan property here in Bali. Here are just a few:
Benefits Of Purchasing An Off-Plan Bali Property
Lower Prices & Great Discounts
The Bali property market may still be more affordable than in other parts of the world where tourism is booming and land is scarce like Hawaii, Maldives, or Phuket, but it would still require a hefty amount of capital to be able to secure yourself a beautiful Bali luxury villa. The south of the island is pretty much saturated but with an off-plan Bali property, you will be able to secure yourself a brand new Bali villa at a much lower price than current market value and in a new area and with great discounts thrown in.
This is because the developer would need capital to get the project off the ground. They also want to sell as many units as possible to demonstrate a certain level of sales. Potential investors can enjoy all the financial advantages promised to early bird buyers at this initial stage.
Strong Potential For Capital Appreciation
The Bali property and real estate market is booming especially now that tourism in Bali is at its peak. It is estimated that more than 5 million tourists will visit Bali by the end of 2023, and this trend is expected to continue well into the future minus unforeseen circumstances or events.
With so many visitors to the island, there will continue to be strong demand for holiday homes or luxury Bali villas; this means that you can make a profit from significant rental income due to holiday renters. With a buy-and-hold strategy, you’re also set to make a substantial profit and multiple returns on investments from your off-plan Bali property if and when you choose to sell it in the future.
Customized Design & Personalized Interiors
One of the very best things about purchasing an off-plan Bali property is having a say in its design elements including interior decoration, furnishings, finishing, and layout. This is a great way to create your very own dream Bali villa and have it designed and decorated according to your taste and preferences.
Curious to see some of Bali’s most highly-valued off-plan properties? Let’s take a look:
Casa Momentai
Once built, this beautiful and modern two-story townhome will come with one bedroom a gorgeous ensuite, and a small home office that can be converted into a guest bedroom. The property is designed with a closed living area, a fully-equipped kitchenette, and an outdoor lounge area overlooking the pool. Interiors are light and bright, elegant and sophisticated with the bedroom located on the top floor.
Measuring 159 sqm on 150 sqm of land, construction on Casa Momentai will begin after a 30% down payment, with a completion period of 10 months, and is available for sale (with free management and maintenance fee of 1 year).
The Oaks Villa
A chic and trendy, white-on-white Hacienda-style property with wide arched doorways and windows and lots of open spaces including an open plan living and dining area overlooking the swimming pool that runs along the side of the villa. Tropical accents complement the interior’s neutral palettes with eye-catching design elements like louvered wooden finishing with horizontal slats.
Measuring 275 sqm on 200 sqm of land, the villa will have 3 bedrooms with ensuites, a kitchen, a guest bathroom, a maid’s room with an ensuite, and a covered car park. Construction will begin after a 50% down payment, with an estimated 12-month completion date.
Villa El Cuyo
Elegant, industrial-style villas overlooking the rice fields in Gianyar. There are 6 units available all with dark roofs, brick-accented walls, wood finishing, and dark frames. The living and dining area is separated from both bedrooms with a rectangular pool right down the middle. Floor-to-ceiling glass windows and skylights mean naturally light and bright spaces with a slight industrial accent and gorgeous semi-open bathrooms.
Measuring 80 sqm on 135 sqm of land, construction will begin after a 30% down payment, with an estimated 12-month completion date.
Mitigating Risks When Buying Off-Plan Bali Property
Just like everything else in real estate, there are also risks to buying an off-plan Bali property that could include you losing some or all of your deposits and some issues with the building itself, but this should be easily minimized with thorough due diligence. Research the developer well and ensure they have a history of successful developments before you invest.
Another way to mitigate potential risks is to partner with a trusted and credible real estate partner & property agent like Bali Coconut Living so you can proceed with your off-plan Bali property with peace of mind and minimal risks.
Explore Off-Plan Properties With Bali Coconut Living
Ready to enjoy remarkable capital appreciation from your property investment here in Bali? Contact us now at Bali Coconut Living, 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 for your passive income.
We have hundreds of wonderful Bali villas whether freehold or leasehold for sale and for rent in all of the most popular areas including Seminyak, Umalas, Uluwatu, Jimbaran, and Canggu.
Feel free to browse all of our properties and if you have any questions or inquiries, do contact us or pick up the phone and call us at +62 361 847 6727.