Crucial Points To Be Considered When Investing In Bali Property

By Mary Moore


When you are looking at investment opportunities in homes for either vacations or living houses you should consider looking at the properties available in Bali. Investors are blown away by the various things that are available in this place like great real estate opportunities, gardens, scenic parks and sandy white beaches. You should ensure that you consider the following points before buying Bali property.

You should consider how close the land you are interested in is to the temples that exist in Indonesia as building projects are prohibited in areas near them. There are various buildings that exist near temples but you should not risk it. It is important to make certain that you get assurances from the local government to ensure that you do not have issues later.

You should look into the issue of the ownership of crops or trees that will be on your land as you plan to buy it. There are some crops or trees that are usually harvested by the farmers although they are growing in your home. This case is common especially when it comes to mango and coconut trees.

If you are looking to build on the land that you are planning to buy in Bali, you need to ensure that you will be able to get a building permit as you cannot build in Indonesia without a building permit. The permits ought to be displayed in a prominent place in front of the land. It is possible to organize for the building permit in the course of carrying out the transaction.

You should ensure your house will be well connected to a water supply either from the system or a well or borehole. It would be wise to look at the amount of water available to check if it will be sufficient for your uses. Electricity is another vital thing that you should also consider if it is connected and if the wattage it comes with will be effective.

You should consider hiring a reliable and honest notary to handle the transactions you will enter in as you acquire property. If you find a notary located in the same place as the land you will be buying then it would even be better. However, ensure that the transaction is handled in a transparent way.

The access roads that link your land to the main roads should also be considered too before purchasing the land to ensure that you will not be blocked from accessing it. Establish if they are owned by private persons or they are public to be informed. If they are privately owned then you should know the charges that you will have to pay in order to be allowed access to your land.

It is also important to look if you know of any foreigner that has acquired any sort of properties based in Bali and seek advice from them. You will find that there are some communities who live in villages that you must pay some amount of money in order to join them. You should strive to become part of a community as the area is community focused.




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