Frequently Asked Questions
Buying Property
Simply put, find a property that suits your needs and budget. A trusted real estate agent like Bali Villa Realty can help you with this by showing you options that match your criteria. Next, engage a notary or legal expert to check the property’s legality. Then, sign a preliminary agreement and pay a deposit. After that, finalize the purchase with a sales agreement. Finally, register the property in your name or through an Indonesian entity if you’re a foreigner.
Yes, foreigners can own property in Bali but can’t directly own freehold property. They can do so through a PT PMA (foreign-owned company) using HGB (Right to Build) rights. Alternatively, foreigners can lease property, typically with terms ranging from 15 to 35 years, often extendable. For more details, check our article on how to buy a property in Bali as a foreigner.
Freehold means you own the land and property outright. Leasehold means you have the right to use the property for a set number of years, agreed upon with the owner. After the lease ends, ownership reverts to the original landowner. However, lease agreements often include the option to extend the lease for additional terms, subject to renegotiation with the owner. Read more about freehold vs leasehold properties.
Most property purchases in Bali are made in cash. Local banks typically do not offer financing to foreigners. However, you can explore financing options through international banks or secure a loan from your home country.
Consider your lifestyle, investment goals, and the area’s occupancy rate and ROI. Popular areas like Seminyak and Canggu offer higher rental income due to strong tourist demand. Real estate agencies often have data on clients’ ROI to help guide your decision. Keep in mind the seasonality of Bali’s tourism, which can affect rental income. Proximity to amenities, beaches, and infrastructure is also crucial.
Hire a notary or legal expert to check the property’s certificates and ownership history. They will ensure that the property has no legal issues, such as disputes or unpaid taxes. Our agency can assist you by connecting you with trusted notaries or legal experts to make sure everything is in order before making any payment.
Selling Property
Contact us here to get started. We will guide you through the process and gather all the necessary details about your property. Once we have everything, we will list your property on our website for potential buyers to see.
We specialize in selling villas, land, and apartments. If you own any of these property types, we can help you find the right buyer. However, we do not sell residential houses, commercial buildings, or industrial properties. Our focus is on properties that cater to the tourism and investment markets in Bali.
The time it takes to sell a property can vary. Factors like location, property condition, and market demand play a role. On average, it can take a few months to a year to find the right buyer. But with the right approach, we can sell your property sooner than you might think.
The best way to price your property is by comparing it to similar properties in your area. Our real estate agency can help you analyze the market and determine a competitive price. Pricing it right is crucial to attract potential buyers.
That’s a big part of what we do. We will create a professional listing, promote it through online platforms, and reach out to potential buyers. We aim to maximize your property’s visibility.
Selling a property involves certain costs. These may include agent commissions, legal fees, and taxes. We can provide you with a detailed breakdown of the costs involved so that you are fully informed before proceeding.
Renting Out Property
Start by contacting our real estate agency. We’ll guide you through the legal requirements first. Then, we’ll assist with pricing your villa and setting it up for rental. Finally, we’ll list your property on our website.
Renting out your property can generate a steady income. It also helps cover maintenance costs. Additionally, renting your villa keeps it in use, which can help maintain its condition.
We can help you analyze the market to determine a competitive rental price. Factors to consider include location, property size, and amenities. Pricing it right is key to attracting tenants.
Yes, you can rent out your villa even if you’re living abroad. You’ll need someone to manage your property locally. You can use a villa management service or ask someone you know to handle it for you.
Yes, our parent company, Ilot Property Bali, offers villa management services. They handle everything from marketing and guest management to bills management, villa maintenance, and reporting to the owner.
We will list your villa on our website and promote it through various online platforms. Our team will handle inquiries and arrange viewings with potential tenants. We aim to find reliable tenants quickly.
Rental income is typically paid monthly or yearly, depending on the lease terms. Our villa management team at Ilot Property Bali can help you set up a system to receive payments and track expenses. You’ll have a clear overview of your rental income.
Consider the rental market and your target tenants. Ensure your villa is well-maintained and ready for occupancy. Also, think about whether you want to manage the property yourself or hire a property management service.
Renting Property
Start by browsing our Bali villas for rent listings to find a villa that suits your needs. Once you’ve found a property, contact us to schedule a viewing (onsite or online). After you’ve seen the villa and decided to rent it, we’ll guide you through the rental agreement process.
Villa rental prices in Bali vary depending on the villa’s location, features, and the season. Villas in popular areas like Seminyak and Canggu generally rent for higher prices due to their popularity with tourists. Read more about villa rental pricing factors.
You can find a range of options to suit different budgets by browsing our villa rental listings.
We only list villas available for monthly and yearly rentals. These longer-term rentals offer better value compared to daily or nightly rates. We will help you understand the terms and conditions before you sign the agreement.
Yes, foreigners can rent property in Bali. The process is straightforward, and we will assist you with all the necessary paperwork. Just make sure your passport is valid and ready for the rental agreement.
Consider your budget, location, and the type of villa you need. Think about proximity to amenities like shops, restaurants, and beaches. Also, consider the size of the villa and whether it suits your living arrangements. We can help you find a property that matches your criteria.
Yes, most of the villas in our listings are fully furnished. Some are half-furnished, but none are empty. You can choose a villa that best suits your needs.
If you need to end your lease early, contact us or the property owner. If you plan to hand over the lease to someone else, please reach out to us first to ensure everything complies with legal requirements.
Generally, modifications are not allowed since the villa is an investment for the owner. However, you can discuss it with the owner, and you might be able to make an arrangement if it benefits both sides.
Have More Questions?
If you didn’t find your question here, feel free to contact us directly. We’ll gladly help you with any inquiries you have.
