12 Quick Tips About Real Estate In Bali

Viewing a Bali property can be exciting but it’s easy to forget to check all the essential details. Make sure you ask the key questions when you inspect the property. It’s essential that you make the most of a property viewing to ensure that you’re as well informed as you possibly can be before making an offer.

These tips come from experienced agents or investors. Here we offer you the opportunity to collect information based on real experiences, hope this will help you.

1. Location

   Location is usually one of the first decisions you will make when you start hunting for a property.  Whether for residence or as investment, you will choose the best location that suits your own preferences and needs. Once you have decided on a location or locations, it’s a good idea to look at properties in and around the area to see how much and what type of development is taking place.

   It’s also a good idea to find out any future plans for the area, like new hotel or shopping precincts.

2. Land size and Building size

   Experience shows that every type of villa (which commonly range in size from two to six bedrooms) has its own markets. Smaller villas are easier to rent in town. The further away holidaymakers go from urban attractions, the bigger the villa they tend to prefer.

   If your plot of land is substantial, you may consider building two (or more) smaller villas on the property. Each should be completely self-contained and offer separate garden, pool and entrance way. This will give you greater rental flexibility.

   The other alternative for larger properties, especially those that are further from town, is to build a destination villa. Large properties are also ideal as venues for functions – such as weddings, anniversaries, birthdays, theme parties, or corporate offsites and, depending on what you are trying to achieve with your market positioning, this should be considered in your architectural mandate.

3. Quality Of Construction

   In Bali, you will rarely find the same quality as in your country. You will have to accept smaller renovations in a fair period of time. You have to check the condition of the property that you are looking at. If you are not familiar with it, bring a craftsman to help you. Here in Bali, they call the craftsmen “tukang”. You will certainly find those who support you for small money.

   Usually, the bigger deficiencies are to be found here:
   -Roof
   -Walls
   -Pumps
   -Pool
   -Electricity
   -Water

4. Access Road

   Make sure you have full legal access to the land so that the road/lane that joins your villa with the main road is actually a public way and not privately owned. Size and condition of the access road is also a very important consideration.

5. The Neighborhood

   Be aware of what you want to do with your property after the contract. If you want to rent it out to tourists be sure that you don’t disturb any locals. Be respectful and follow the rules. (Even if you are, it doesn’t necessarily have to be that your customers are the same).

   You should have to know about :
   Does it have many tourist villas in the area?
   Are there any locals who don’t want to be disturbed?
   What are the neighbors like?
   Do you have access to a car ?
   Do you have parking?
   Is there a lot of noise will bother you or not (traffic, construction sites,etc)?

6. Additional Cost

   An important thing, that is very often forgotten is the question of special costs. The Banjar (religious taxes) and the garbage are always some Additional costs.

   But there may also be other special costs like electricity. To get an overview you should ask for the monthly costs. This will vary depending on the villa and location. Also, you should be sure that the furniture is included in the price. You either bring the staff yourself or you take over existing ones. Possibly there are more special costs. Think about it.

7. ELECTRICITY OPTIONS

   If you check the property do always ask for the origin of electricity and check it. How much power does the source provide?

   • There are still two possibilities in Bali.
     On the one hand, there is the option to pay monthly. This option is settled with a bill and is no longer all too popular.
   • On the other hand a kind of prepaid system. In Bali, this is called Pulsa and can be loaded with money at any time. As soon as your Budget ends on the meter, the device will start to beep.

8. Access Road

   Make sure you have full legal access to the land so that the road/lane that joins your villa with the main road is actually a public way and not privately owned. Size and condition of the access road is also a very important consideration.

9. Accessibility

   If you’re buying with renting in mind, being within a reasonable driving distance of dining out, shopping, entertainment and recreational activities is essential.

   You should also be certain that the access road leading to your villa is adequate. Many lanes are too narrow for cars to park along them as well as letting other cars pass. Check that your quiet little street. Some secondary streets and lanes turn into a flood of traffic at the morning and evening rush hours.

   Ascertain that the lane that joins your villa with the main road is actually a public thoroughfare. Some of these lanes are privately owned, so do not necessarily assume that you may use it for access.

10. Land Certificate

    Check the documents that link you to the land certificate and make sure the land actually matches the land certificate. You also have to make sure that the land location and boundary actually matches the land certificate.

11. Construction & Building Taxes / Licenses

    Whether you have built yourself, or bought an existing home, you need to make sure that the relevant construction taxes (PPn) have been paid.

    This is supposed to be the responsibility of the building contractor or developer. However it is a widely abused system. Bureaucracy works particularly slowly in Bali, and by the time an official arrives at your home to tell you that the tax has not been paid, it might be very difficult for you to track down the construction company. In cases like this, you, as owner, have the legal responsibility to pay.

12. Building Materials

    First of all, you must get professional advice in this area. A professional and competent building surveyor will assess the building, starting with its structural integrity as well as covering ancillary areas such as electrical systems and equipment, plumbing, drainage, pest infestation, etc.

    Older homes require investigative structural surveys. It is beyond the scope of this document to list every possible fault which may be present in an older home. Your building surveyor will know what to look for.