Your Bali Property Blogspot

Let’s explain the process for purchasing any Real estate investment, or residence in Bali in a little more detail. It may seem daunting when you first start the process, but it can be easy with the right Real estate agency as your property partner.     Today we will discuss the process in a bit more detail 1. Find the perfect property, with the location you seek, and make an offer 2. Once the price has been negotiated and a formal offer has been signed by all parties (Buyers and Seller) then you can move onto the next steps   Remember, whether you in Bali or doing the purchase remotely the process should remain the same. Travelling can be restricted due to commitments or holidays taken, so we have you covered.   Purchasing Freehold Properties / land and the process:    (Freehold / Hak Malik / HGB / Hak Pakai) – All fall under the Freehold title in Indonesia 1. Agree to the price of the property (written communication is always best)   2. Let your agency draft an MOU / Offer agreement / PPJB and get all parties to sign this document via e-sign or in person – This is a legal document and serves as the agreement that the property is reserved. Please note, that without a holding deposit or a 10% required deposit the property cannot be held back. There will normally be a 7 working day clause allowing you time to transfer the deposit funds   3. Make the required deposit payment to the chosen notary’s account for the Due diligence period to start   4. A valid Power of attorney signed and legalised according to the rules of each country will need to be provided to a trusted representative should you not be available in Person to sign the AJB documents (Akta Jual Beli)   5. Finally, the deed transfer will take place from the previous owners to you and you will become the rightful owner   Leasing Leasehold titles and the process:    (Leasehold/Hak Sewa) - Leasehold title names in Indonesia     Leasehold being the best and most popular under the foreign investment market, its an easy and uncomplicated process with the right help   1. Agree to the price of the property (written communication is always best)   2. Let your agency draft an MOU / Offer agreement and get all parties to sign this document via e-sign or in person – This is a legal document and serves as the agreement that the property is reserved. Please note, that without a holding deposit or a 10% required deposit the property cannot be held back. There will normally be a 7 working day clause allowing you time to transfer the deposit funds   3. Make the required deposit payment to the chosen notary’s account for the Due diligence period to start – This is normally between 7-14 working days depending on property. The notary will run an official due diligence to make sure that all the legalities of the property is correct and a transfer of the property can happen.   4. The final draft lease agreement will be drafted by your chosen notary and you will need to approve the documents.    5. You will need to make settlement on the said property the same day as signing the lease agreements in front of a legal notary of your choosing unless otherwise stipulated in the offer agreement with a valid POA   6. You will sign the transfer leases and become a owner of a new property or land     Whether you are in Bali for this process or doing it remotely, at BVR property we assist our clients in making sure that the process runs smoothly. Buying Real estate can be a seamless experience with the right people by your side making sure that everything runs as it should.     Contact us today to start this wonderful and exciting journey 

Let’s have a look at why Off-plan has become such a massive attraction for investors in Bali We all know Bali is know for its lush and natural landscapes, booming tourism market, beautiful culture and authentic street foods, and not to mention the stunning white sandy shores and turquoise oceans. All these things mentioned makes Bali a very attractive investment location for those seeking Property investment and for other Residential real estate  Investing in off-plan developments, or developments that are under construction provides several advantages compared to the standard already built Real estate market. As I am sure most of you are aware, off-plan provides investors with a lot more options to choose from, affordability being one of the main attractions to investors as there are payment schedules that assist buyers, launching of new projects and purchasing early pre sales can offer buyers an additional benefit of an even better purchasing price. Investing at early stages of most these new developments gives you the opportunity to capitalise on growth in the thriving real estate market     Let’s have a look at the benefits of investing early stages of construction or pre-sale 1.      The most obvious start would be the price points (They generally speaking lower) Getting an early start in your investment and purchasing at an early stage of the development allows buyers to see a much larger capital growth on their investment, due to the later stages of development prices increase and the value becomes more.  So dear reader, if capital gain is your game, then off plan or presale units might just be the best option for you.  2.      Instalment options on Pre-sale or Off plan This is a fantastic benefit, due to several different payment schemes available to the early birds. This allows investors to pay the investment or resident off over the construction period written in to the construction agreement. Generally speaking, payment plans work as follows 10% - Deposit upon a legal Letter of Intent or Offer to Purchase 30% - Upon signing the land agreements with the Notary after a legal due diligence is done Remaining 60% split over the remaining period of construction and handover period of the property Construction times range from 10-18 Months 3.      Getting in Early allows you a little room for changes if necessary Should you purchase in off plan or presale it can be to great benefit should you wish to make a few changes to the current design of the space or landscaping. You able to have a much larger say in the fit out and completion of furniture and fixtures of the property 4.      Property Warranties When purchasing a new building, most of the new modern developments and developers offers a warranty on roof and building structure of 3-10 Years depending on sales prices. Some developers offer a defects warranty ensuring that should anything not be up to standard after the handover is done, they will sort that out for you at no extra charge. Completed villas in Bali generally does not come with any warranties, therefore it sold as seen. Here are a few suggestions we have when looking at Off plan or presale 1.      Do research and ask your real estate agent as many questions about the development and the developers as possible 2.       Make sure that you are purchasing a villa with a trusted developer that has either had a project in Bali or have been in construction and knows the ins and outs of project management. This is great for quality control 3.      Work with a professional licensed Real estate agent in Bali to assist you in the process, that have relationships with developers, they will know more about future plans, construction times, financial projections, legal assistance and we will protect you interest   4.      Spend some time visiting the development site and speak to the developer directly   We hope that you enjoyed this article Should you have any further questions on the above topic please do not hesitate to reach out to our offices and our professional Real estate staff will assist you with your enquiry

Fresh ocean breeze, beautiful panorama, spectacular sunrise and sunset views, and the gentle sound of waves crashing against the shoreline are the elements that often come to mind when thinking of beachfront properties. Bali stands out as one of the most favorite places for investors to buy beachfront property.   However, is it a great investment? This article aims to address that question. Let’s get started!   Investing in Beachfront Property Investors have some reasons why they want to invest in beachfront property – offering a unique experience of living and the demand is high. Everyone who lives on beachfront property will enjoy a beautiful panorama with a fresh ocean breeze every day.    Beachfront vs Standard Properties, What are the Differences? In addition to providing distinctive experiences, beachfront properties also come with unique factors and obstacles to consider.   Consider some natural occurrences like hurricanes and coastal erosion. Additionally, oceanfront properties typically entail higher purchase and maintenance costs compared to standard property.   Beachfront properties require more frequent maintenance due to their exposure to oceanic elements.    Benefits and Risks of Buying Beachfront Property Here are the benefits and risks of buying beachfront property in Bali, as follows:   1. Benefits of Buying Beachfront Property Buying oceanfront property in Bali offers benefits for investors, such as: - It offers an incredible panorama. This can be a unique sales point for the seller. - An oceanfront property has the potential for good investment returns. - High demand.   2. Considerations of Buying Beachfront Property Like any other investment, there are considerations when buying beachfront property in Bali, including: - There’s a potential for coastal erosion to occur. - Higher risk of hurricane. - It requires higher maintenance costs. - It has a higher purchase cost. So, investors need to spend money more to obtain a beachfront property.   Beachfront Properties from BVR Property BVR Property offers you various types of beachfront properties that promise you the potential for good investment returns. Here are the lists:   1. Luxurious Beachfront Apartment in Nusa Dua (BLI1630) 2. Beachfront Tropical Villa in Sanur Offers (BLI1597) 3. Remarkable Luxurious Family Villa in Sanur (BLI1599) 4. Exceptional Beachfront Villa in Singaraja, Bali (BLI1588) 5. Beachfront Apartment in Sanur (BLI1575) 6. Luxurious Beachfront Villa for Sale in Sanur (BLI1564) 7. Tranquil Riverfront Villa in Pererenan (BLI1544) 8. Stunning Beachfront Villas in Jimbaran (BLI1525) 9. Tropical Luxurious Villa in Seminyak (BLI1603) 10. Exquisite Villa Investment in Sanur (BLI1752)   Obtain Your Dream Beachfront Property! Beachfront properties can be considerably beneficial assets because of their experience offer – white sandy beaches, beautiful panorama, fresh ocean breeze, and spectacular sunrise and sunset views.   Owning a beachfront property is a great way to generate good investment returns.   As a trustworthy Bali property agency, BVR Property offers you the best beachfront properties situated in Bali. We professionally will help you to obtain a beachfront villa in Bali.    Your dream villa awaits – contact us now!

Possessing a property that captures the attention of potential buyers can boost your property sales. Nowadays, online promotion of your property is crucial, as a significant portion of buyers or tenants conduct their research on the internet. Hence, recognizing property selling points can distinguish your property from other properties.   In this article, we will explore four property key features or selling points to enhance your property selling or leasing. Let’s have a look!   Top 4 Property Selling Points for Buyer’s Attraction The following are four property selling points that can make your property stand out, such as:   1. Interior Condition Interior condition is the first aspect of property selling points. This extends beyond design or architecture style and includes the property’s amenities such as bedrooms, bathrooms, kitchen, and more.   Potential buyers or tenants tend to favor well-maintained and clean properties. It is essential to guarantee that your property features sound plumbing, leak-free roofs and walls, and effective air ventilation.   The pricing of furnished and unfurnished properties varies, with furnished properties typically having a higher price. Additionally, the age and condition of amenities can influence to determination of the selling or leasing price.   2. Exterior Condition Other crucial aspect among of property selling points is its exterior condition. The exterior amenities such as the garden give your property a plus point in the eyes of potential buyers.   Furthermore, exterior design is an aspect that determines the first impression of your buyers.   Highlighting details about parking space is important as well, particularly if the property is a house or condo.   A visually appealing exterior setting can contribute to making your property stand out. The presence of ornamental features and well-designed exterior architecture can effectively illustrate the beauty of your property.   3. Neighborhood While not directly related to your property, the neighborhood is also an important factor in generating interest from potential buyers or tenants.   Prospective buyers or tenants typically seek residences in safe and secure conditions – low crime rates and a conducive neighborhood.   This is an aspect that you cannot completely control. If your property is located in a conducive neighborhood with low crime rates, it works to your advantage.   The best approach to promote your property’s neighborhood is to be transparent and honest with your potential buyers.   4. Public Facilities The presence of public facilities significantly influences the value of your property. Potential buyers highly appreciate properties situated in strategic areas – easy access to the main road and near public facilities (schools, hospitals, shops, malls, and more).   How to Convince Buyers or Tenants? As previously mentioned, potential buyers or tenants search for their ideal properties online.   Even if you understand the property’s selling points (strategic location and excellent amenities), it is useless if your promotional strategy is ineffective.   There are three aspects to consider in promoting your property online:   1. Understand Your Niche Before initiating the promotion of your property, it’s advisable to research market segments that might aligned with and interest your property. Various target markets have distinct preferences for property types.   For instance, if your property is near to school and features a big garden, it would be beneficial to promote it to families with children. Conversely, if you have an apartment or rental room situated near a university, the most suitable market for it would be students.   2. Photography The second aspect is photography. Buyers or tenants conduct property research online. So, your property’s photos will be the first impression for them before they decide to inspect the property directly.   Consider the angle, light, and quality of the photos.   3. Descriptions Providing a detailed description is essential for potential buyers or tenants to evaluate a property online and gain a better insight about the property. At this point, it’s essential to highlight the property’s best features, supported with good photos.   When describing property selling points, it’s beneficial to focus not only on its features but also the benefits. Tell them what makes your property special and who is best suited for – families, students, business professionals, or workers. This is an opportunity to emotionally engage with buyers or tenants.   Following the presentation of features and benefits, remember to include the pricing details. Clearly state whether the price is negotiable or fixed.