Purchase of a country house on the paradise island of Bali – councils of experts.
Investment into purchase of a country house to Bali has obvious advantages. Annually the island is visited by several million tourists, and from year to year the figure grows on several hundreds of thousands. And, the world economy becomes stronger, the demand for housing is higher. It is not necessary to be the professional financial analyst to estimate benefit of acquisition of own country house in the paradise tourist resort therefore in this article we will talk not that to purchase a country house to Bali - it is good, and how to make it competently. Experts of AWAY REALTY prepared for you a number of the important facts and rules which each interested buyer needs to know.
In the country of eternal summer it is so pleasant to spend few months in a year that whether some think not to prolong this paradise for bigger term and whether not to get over here for ever. At once we will note that real estate acquisition to Bali does not give the chance to obtain citizenship. But, if you are going to get over here on a permanent residence, then very simple principle of opening of own business which in turn gives the chance for execution of the long-term visa and obtaining permission to full-time residence on the island will become pleasant news. The second option - to work 7 years on one employer and on the expiration, to obtain long-awaited citizenship. Sounds burdensome and for certain not for all it is relevant.
Therefore, we will return to simple purchase of a country house to Bali for private accommodation within several months in a year and possible lease to your absence. The Indonesian legislation has the features and can seem that they are a little difficult though for professionals it, of course, not so. On the one hand, certain restrictions for foreign investors, but with another work, several conditions under which you can purchase housing are created. Depending on further plans, our experts will help to orient between Hak Milik, Hak Pakai and Hak Guna Bangugan.
Bali as the tourist center, opened to the world quite recently. In total some 40-50 years turned it into the world resort with huge popularity. And development of certain regions happened very quickly, one behind one they were filled with travelers. Those who estimated the capacity of the island at once bought up lands and built up them with magnificent country houses for rich tourists. Now it is the elite areas demanded among the Russian and foreign investors. The invested money pays off with a flash-like speed and the more passes time, the surrounding space becomes more comfortable.
Choosing a country house to Bali, it is important to place priorities at once. If you look for virgin natural beauty, then it is necessary to pay attention to those parts of the island where there is no domination of tourists yet. It can be or the developing regions, or, on the contrary, the areas which are well developed and purposeful on creation of the corresponding atmosphere. In other words, you need the place where the successful buyers who bought up the best sites in the resort and protected them from the raging 20-year-old tourists have occasionally a rest.
Absolutely it is worth adhering to other principle if you look for a country house which you are going to hand over. In that case, it is necessary to find something simpler and available.
Its arrangement in the equipped territory will be one more benefit of purchase of an elite country house to Bali. Good infrastructure, the parking, a reliable security system, qualitative restaurants and boutiques - only a small part of benefits which you purchase together with the luxurious real estate. An opportunity to receive good service also important, as well as to have beautiful, comfortable housing on the island. Availability of aftersales service is relevant. During this period, when you will be for several thousands of kilometers from Bali, someone shall exercise control of the house. The managing company of residential cooperative in which an object will be purchased can do it, or you can ask for the help in our company and receive a full range of services: selection, purchase and aftersales service. AWAY REALTY performs all transactions connected with the foreign real estate and once having addressed us, clients find the reliable partner on all questions connected with housing abroad.
On our website, in the partition on purchase of a country house to Bali, you can study relevant offers of the market. Perhaps, already at this stage it will be possible to understand what house most approaches under your purposes, but, certainly, the personal contact with professionals will help to avoid unnecessary problems. Cases when the client comes out to the island for personal survey of the pleasant options are frequent. The photo presentation can only create general idea about an object and only after its visit, it is possible to make the final decision. The exception is made by investments for the purpose of lease, it is in that case rather simple to discuss to what aspects there shall correspond the real estate, our specialists will make all the rest with the minimum participation of the client.
Country house cost to Bali that, by the way, is quite obvious, in many respects depends on its location and a view from the window. If it is the first coastline, the well-groomed beach, the developed infrastructure and the boundless ocean outside the window, it is necessary to expect that for such object it is necessary to pay extra more, than for similar, but in the depth of the island. Also the area, availability of "star" country houses around and other luxury attributes of a way of life will affect the price.
Having decided on the area, the house and all other initial moments, you will pass to the following acquisition phase of housing where it is necessary to choose what of possible options will approach most of all. As it was told above, the Indonesian legislation imposes the restrictions for the foreigners planning purchase of a country house on the island of Bali. The following options are possible:
Hak Milik - "unconditional right to property". The offer essence such is that in Indonesia only the citizen of this country has the right to land acquisition, and allows "to rent" Hak Milik at one of them, housing purchased by you, for very long term. Yes, in that case, actually other person, but the notarized loan agreement owns the real estate and to long-term lease, completely insures the buyer against deception. Certainly, only on condition of cooperation with the checked companies, it is possible to count on the positive outcome of the case. Hak Milik perfectly is suitable for those who in the future are going to become the citizen of Indonesia.
Hak Pakai - "right to use". In this case the local government issues to the buyer the registered certificate confirming an official right of possession with the real estate. Originally document validity period - 30 years, then prolong it for 20 years and the last time for 30 years. Total total - 80 years of the exclusive right to housing. Such certificate can be issued only once and only on the real estate occupying no more than 0.5 hectares. One more important restriction - the owner shall live constantly in Indonesia on a working visa. In case of moving to other state, it is necessary to issue the real estate on other citizen who is not going to leave the country for a long time. In case the owner wants to use cunning, the state reserves the right - to withdraw the real estate and at the same time not to offset to the owner loss. The law - is severe, but it is the law.
Besides, there is "a right to the construction" (Hak Guna Bangugan) allowing the companies registered in the territory of the country to build and own an any number of objects. Validity period of such right lasts also 80 years, with intermediate prolongation of documents. Having received the certificate, the company can perform further sale of objects and their delivery in lease.
After acquaintance to these, at first sight, difficult schemes of purchase of a country house to Bali can seem that it is difficult to make it, but for this purpose and there are professional agencies of the foreign real estate. Having studied all reefs and officially permitted methods, we with ease resolve all issues of purchase of housing abroad. If you are going to purchase any real estate in Indonesia or other countries, please, call to us the specified phone number or leave the application on the website.
AWAY REALTY are professionals with whom there is a wish to deal.
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