Crucial Points To Be Considered When Investing In Bali Property
| 19:01:00 |
When you are looking at investment opportunities in homes for either vacations or living houses you should consider looking at the properties available in Bali. Investors are blown away by the various things that are available in this place like great real estate opportunities, gardens, scenic parks and sandy white beaches. You should ensure that you consider the following points before buying Bali property.
You should consider the proximity of the property you wish to buy from a temple as there are laws that prohibit building within certain ranges to the temple. Although there are houses and buildings that are built near these temples it is important to check with the banjar or local government. This will ensure that you will not face any potential issues when you decide to build a building later on.
The trees and crops that will be growing on the land you want to purchase will have to be established on their ownership. In Bali there are various crops and trees that may be growing on your land but you are not allowed to harvest their produce as there are various farmers who should do that. The most common crops are the coconuts and mango trees.
If you are looking to build on the land that you are planning to buy in Bali, you need to ensure that you will be able to get a building permit as you cannot build in Indonesia without a building permit. The permits ought to be displayed in a prominent place in front of the land. It is possible to organize for the building permit in the course of carrying out the transaction.
If you will be buying a house then it would be important to ensure that it will be connected to the water system in the town or whether it uses a borehole or well. If the water is present in the land in terms of a well then you should ensure that it will be sufficient to fulfill your needs. On the same breath you ought to check if the house is connected to electricity supply and whether it has adequate wattage.
It would be important to find a honest and reliable notary to handle your transaction in properties. It would be imperative if they are located in the same regency that these properties are located. Ensure that they handle every detail of the transactions over board.
The access roads that link your land to the main roads should also be considered too before purchasing the land to ensure that you will not be blocked from accessing it. Establish if they are owned by private persons or they are public to be informed. If they are privately owned then you should know the charges that you will have to pay in order to be allowed access to your land.
If you are aware of any other foreign investors who have bought property in Bali before you it would be important to consider talking to them. There are some villages there that impose some fees on any person joining them and you cannot build before you build your home. Villages in Bali are community focused and you should be part of it.
You should consider the proximity of the property you wish to buy from a temple as there are laws that prohibit building within certain ranges to the temple. Although there are houses and buildings that are built near these temples it is important to check with the banjar or local government. This will ensure that you will not face any potential issues when you decide to build a building later on.
The trees and crops that will be growing on the land you want to purchase will have to be established on their ownership. In Bali there are various crops and trees that may be growing on your land but you are not allowed to harvest their produce as there are various farmers who should do that. The most common crops are the coconuts and mango trees.
If you are looking to build on the land that you are planning to buy in Bali, you need to ensure that you will be able to get a building permit as you cannot build in Indonesia without a building permit. The permits ought to be displayed in a prominent place in front of the land. It is possible to organize for the building permit in the course of carrying out the transaction.
If you will be buying a house then it would be important to ensure that it will be connected to the water system in the town or whether it uses a borehole or well. If the water is present in the land in terms of a well then you should ensure that it will be sufficient to fulfill your needs. On the same breath you ought to check if the house is connected to electricity supply and whether it has adequate wattage.
It would be important to find a honest and reliable notary to handle your transaction in properties. It would be imperative if they are located in the same regency that these properties are located. Ensure that they handle every detail of the transactions over board.
The access roads that link your land to the main roads should also be considered too before purchasing the land to ensure that you will not be blocked from accessing it. Establish if they are owned by private persons or they are public to be informed. If they are privately owned then you should know the charges that you will have to pay in order to be allowed access to your land.
If you are aware of any other foreign investors who have bought property in Bali before you it would be important to consider talking to them. There are some villages there that impose some fees on any person joining them and you cannot build before you build your home. Villages in Bali are community focused and you should be part of it.
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For the best investment opportunity in a Bali property, make sure you use our real estate agency as your main point of contact. Come and browse the latest listings at http://www.goodproperty-bali.com.
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