How Much Does Housing Cost in Bali and How Can Foreign Investors Buy It?

Investing in Bali real estate attracts many foreign buyers. The main advantages include affordable prices, passive income potential through rentals, and a stable real estate market.

Currently, foreigners can purchase real estate in Bali with some restrictions. Payments can be made through a non-sanctioned bank, as well as using foreign accounts or cryptocurrency. There are no restrictions on international currency transfers as long as the selected bank supports SWIFT payments.

Payment for real estate can be made in cash, bank transfer, or cryptocurrency. The source of funds for foreign investors in Bali is not checked, which simplifies the purchase process significantly.

Are There Any Restrictions for Foreigners?

Foreigners may acquire real estate in Bali with specific restrictions, including the use of long-term lease agreements instead of full ownership.

What Form of Ownership is Available to Foreigners?

Full ownership (Freehold or Hak Milik) is only available to Indonesian citizens. Foreigners typically use long-term leases (Leasehold or Hak Sewa), which can last 35-40 years and be extended up to 100 years.

The Buying Process in Bali

The buying process involves several steps:

1. Selecting a property
2. Reservation and deposit payment
3. Legal document verification
4. Signing the leasehold agreement
5. Payment and registration
6. Property transfer

Real Estate Prices in Bali

The price of apartments starts from $100,000 and can reach $300,000-$500,000 for premium properties. Villas and houses are more expensive, especially in popular tourist areas. For example, a two-bedroom villa in Seminyak or Canggu can start at $200,000, with luxury villas costing over $1 million.

Important Aspects for Buyers

Buying real estate in Bali requires attention to detail and knowledge of local regulations. Here are some key points to remember:

• Legal verification: Ensure thorough examination of documents to avoid risks and verify the property is free of encumbrances.
• Lease extension: Buyers should clarify the terms of lease extension.
• Professional assistance: Legal support and the help of an experienced agent reduce risks and help avoid complications.

Interested in investing in Bali real estate? Check out the best property options on our website.