Bali is the only island in the Indonesian archipelago with the fastest land price growth. The surge in prices in Bali is due to the high demand to acquire land for the construction of a variety of property projects. A majority of people are buying land in Bali for investment purposes, whilst others are buying for personal reasons to build a private villa or house on.
Most land plots in our listings are offered with freehold (Hak Milik) ownership titles. Currently, Freehold (hak milik) can only be held by Indonesian citizens; not all foreigners are permitted to purchase domestic property. There are several conditions that must be met, and listed below are some requirements that foreigners must fulfill to enable them to buy property in Indonesia:
The following are the conditions required for Property Ownership by Foreigners:
Only purchase property with Hak Pakai (The Right to Use), Hak Sewa (Leasehold) and HGB (Right to Build) certificate titles.
Have a valid KITAS visa (Temporary Residency Permit)
Only villas, land, houses and apartments can be purchased