Cambodia real estate market
10/09/2024
Investor tips Osiris-Investissements NewsIn Bali, a number of real estate projects are springing up on a regular basis, offering villas, hotels and bed & breakfasts to European standards.
You can buy a beautiful Balinese house of 100 M2 habitable in a tropical garden with its swimming pool in the heart of rice fields for 180 000 €.
The villa rental market is flourishing. Quality of service and low labor costs make it possible to offer high-level services at very affordable prices.
This type of product is attracting more and more tourists, who prefer the charm and discretion of a private, staffed villa to hotel chains.
There’s also a strong demand for rental property, fueled by the growing number of expatriates who have realized that life is simpler, more pleasant and less expensive in Bali.
The authorities have put in place a legal framework conducive to investment, illustrated by the complete opening up of the Indonesian real estate market to foreign investors.
There are several types of property ownership status in Indonesia
It’s possible to invest in complete security by strictly following procedures.
A number of specialized notaries in Bali are indispensable to you.
There are several categories of right under agrarian law:
This title deed can only be obtained by an Indonesian citizen. Nominee agreements are illegal in Indonesia.
Similar to a renewable lease, valid for foreign individuals in particular (under certain conditions), it must be exclusively for residential use.
This right of use is fully recognized in Indonesian law, and can be drawn up directly in the name of the foreign buyer.
This right-of-use contract is for 25 years and can be renewed three times; it is transferable between foreigners.
The most common way for foreigners to “access” property in Indonesia is as follows:
Leasehold is a private contract between the owner of a property and a tenant, for a fixed period, usually 25 or 30 years and renewable, drawn up and signed before a notary (Akta Notaris – “Salinan”).
Every individual is entitled to it, regardless of nationality.
The contract gives full authority to modify, build, commercially exploit or re-let the premises.
It is transferable to heirs and successors and can be resold.
It’s best to plan for them from the outset.
If the property and its facilities are well located, the leasehold investor can expect a rapid return on investment thanks to a high occupancy rate and an excellent rental yield.
Investing in real estate in Bali is a decision that requires advice, as some professions are not regulated as they are in Europe and France in particular. We’ll be there to support and guide you through all the steps involved in your investment.
Our local presence, a manager fluent in Indonesian and Balinese, our French-speaking staff and our network of lawyers and notaries are your guarantors of your interests and will validate all the points to secure your investment…
All transactions must be notarized. A provision equivalent to around 10% of the total budget will be requested to contractualize the project.
Do not hesitate to contact an Osiris Investissement advisor to talk about your project
All of the Group's projects are oriented to meet the expectations of owner-occupiers and investors.