The island of Bali has been a top tourist
destination for decades. Being blessed with pristine beaches, many mountain
ranges, green rice-paddies and swift refreshing rivers, this land has a unique
culture that truly gain the attraction of many. This rich culture matching with
modern amenities and uniquely preserved heritage lets it to be a top
destination for escapade aficionados.
With
respect to foreigners: Recently there have been some
proposed changes to the ownership rules for foreigners. As per the civilian law, now they can own
real properties for up to 25 year term. When term-time expires, they are
eligible to renew their rights with the National Land Agency (BPN) for an
additional 25 year term. They can even extend it for another 20 years.
Approach
a Specialist: If you yourself are searching for Bali Home for Sale, then you’ll soon become tired, frustrated and loss of time. So, choosing a
realtor is good if you don’t want to miss out on some of the best deals in the
market.
Let the professional agents at Exotiq
property assist you in realizing your dream of ownership. Especially for those
who are buying a house for first time plus a foreigner, it is always advisable
to utilize the skills and expertise of a competent real estate agent. They ensure
that you get the best value for your money and more importantly they help you
to avoid costly mistakes that could sour the entire experience for you.
The
need of lawyer: Foreigners are advised to consult
with lawyers to further discuss and explain the provisions of property laws in
Indonesia. They can also help you with the proper documentation required for
the purchase.
Location: Finally, after deciding to purchase a property in Bali, choose a location
for your Bali House. Needless to say, this magical
island is full of nature’s wonder that a villa or an apartment anywhere in the
island can mesmerize you. However, Ubud, modernity minus the hustle
bustle, and also the cultural heart of Bali would be your choice.
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