Every country has different laws of jurisdictions in terms of buying a property, some of the areas might be strict on it but some of them might not. Also, in Bali as one of the most popular tourism destination with all of its unique ethnic, interesting cultures, incredibly beautiful nature’s and temperate climate, also easy international access.
Therefore, lots of foreigners wants to invest in this paradise island as through investing in Bali has a great potential future investment. Furthermore, in terms of buying a property you have to know all of the terms through all of its laws and regulations. Therefore, here we would let you know what are the term that you need to know for buying a Bali property if you are a first timer.
Fortunately, nowadays foreigners could own property in Bali under their own names after the president Jokowi signed the government regulation that concerning Home Ownership Housing or Residential by Foreigners Domiciled in Indonesia last year. Whereas, before this happened is very difficult for foreigners to invest in this paradise island for many decades but they still do it through partnership with the locals. Therefore, now foreigners could be legally own a property in Bali.
Find a professional Real Estate Agent
Moreover, through finding a professional real estate agent would be necessary, as they have all of the database and wider connections. Therefore, it would be very helpful to find out your preferences on which areas or locations that you are want to buy from looking at all of the list that they have. Also, as a professional agents they have lots of experiences on this field, so they would find out whats property suits you the best according to your preferences and budget. Furthermore, the agent will do all of the process of getting the legal certificate of that particular property as they know very well on what to do and how to do it in a right way.
Its necessary to find out a professional real estate agent to buy a property in Bali, especially, if its your first time Into buying a property, as all of the complicated steps will taking care by the agents. Also, the inspection dates, times will arranged by the agent with the sellers according to your preferences. Therefore, investing through agents is more secures and you could be able to do the investment without facing lots of problems.