Bali has become an increasingly popular destination for property investment, especially among expats. Following the Covid-19 pandemic, the island has witnessed a surge in foreign interest, not just for holiday homes or villa in Bali but also for investment opportunities. With rising land prices and relaxed ownership regulations, now is a great time for expats to consider buying property in Bali.
How to buy real estate in Bali
Several factors have contributed to the growing interest in Bali’s real estate market among foreigners:
- High Investment Returns – Bali’s property market has shown consistent growth, making it a lucrative option for investors.
- Relaxed Ownership Rules – The Indonesian government has made it easier for foreigners to purchase property without the need for a long-term stay permit (KITAS/KITAP).
- Extended Property Rights – Expats can now own property under a Building Use Rights (HGB) title for up to 80 years.
- Cultural Appeal – Bali’s rich culture, friendly locals, and high quality of life make it an attractive place to live and invest.
Complete Guide To Buying Property in Bali as an Expat
Buying real estate in Bali as a foreigner involves several key steps and legal requirements. Here’s what you need to know:
1. Understanding Property Ownership Rules
Foreigners are not allowed to own freehold land in Indonesia. Instead, they can acquire property under a Right to Use (Hak Pakai) certificate, which allows ownership for an initial period of 30 years. This can be extended twice—first for 20 years and then for another 30 years—totalling a maximum of 80 years.
2. Legal Requirements
Expats looking to purchase real estate in Bali must meet certain conditions:
- KITAS (Limited Stay Permit) – While some property purchases do not require a KITAS, having one can provide additional benefits.
- Minimum Property Type Price – The Indonesian government has set price limits for foreign buyers to prevent excessive foreign ownership of affordable housing. In Bali, the minimum price for houses is IDR 5 billion, and for apartments, it is IDR 2 billion.
3. Choosing the Right Location
Just like any property purchase, location is crucial. When selecting a real estate in Bali, consider:
- Proximity to key areas such as tourist hubs, beaches, or business districts.
- Accessibility to transport, hospitals, and shopping centres.
- The potential for rental income if you plan to lease the property.
Tips How to Buy Real Estate in Bali – Investment in Bali
To make your property purchase in Bali smooth and hassle-free, follow these expert tips:
- Conduct a Thorough Survey – Visit the location and assess its surroundings before making a decision.
- Check Legal Documents – Ensure the property has a clear land title and necessary permits.
- Work with a Professional Agent – A reputable real estate agent can help navigate the buying process and provide valuable insights.
- Understand Tax and Ownership Costs – Be aware of property taxes, registration fees, and maintenance costs.
The Most Attractive Places to Invest in Bali
Foreigners buy property in Bali for various reasons, and selecting the right location is key to a successful investment. Here are some of the most promising areas:
- Western Bali (Seseh, Kedungu, Cemagi, Nyanyi, Pererenan) – These emerging areas are rapidly developing due to increasing tourism.
- Sanur, Seminyak, and Ubud – These remain prime locations for investment with well-established infrastructure and high property demand.
- Nyanyi Beach, Tabanan Regency – A hidden gem known for its black sand beaches, stunning sunsets, and untouched natural beauty.
- Tabanan Regency – A top investment area with strong growth potential and inclusion in the Bali metropolitan development plan (Sarbagita: Denpasar-Badung-Gianyar-Tabanan).
Key Trends Shaping Bali Property Market
- Sustainability and Eco-Friendly Properties – Growing demand for green homes with low emissions and sustainable materials.
- Digital Transformation in Real Estate – Virtual property tours and digital transactions make investing easier for foreigners.
- Remote Work Culture – More professionals are choosing to work remotely from Bali, increasing demand for long-term rental and residential properties.
Make Your Bali Property Dream a Reality with Lets Move Group
Buying property in a foreign country can be challenging, but Lets Move Group makes the process seamless. As a leading property consultancy in Bali, they offer expert guidance, legal assistance, and mortgage solutions tailored for expats. Whether you’re looking for a luxury villa, an apartment, or investment land, their dedicated team ensures you find the perfect property at the best price.
Investing in Bali real estate offers a unique opportunity to own property in one of the world’s most sought-after tropical destinations. With its stunning landscapes, vibrant culture, and growing tourism industry, Bali has become a hotspot for land ownership and property investment. Whether you’re looking to purchase a villa, a commercial space, or a plot of land, understanding property prices in Bali is crucial to making a sound investment. Lets Move Group, a trusted property consultancy, specializes in guiding clients through the complexities of owning property in Bali, from legal requirements to market trends. Their expertise ensures a seamless experience for investors looking to capitalize on Bali’s booming real estate market.
Start your journey towards owning a real estate in Bali today with Lets Move Group, your trusted partner in Bali’s real estate market.
cover: Photo by Tai Jyun Chang on Unsplash
