Villa property investment in Bali – what you need to know

Who wouldn’t want to own or rent this luxury villa on the idyllic tropical island of Bali?

Anyone who has been to Bali appreciates its unique charm and attractions, and many return on vacation or to invest in a villa property development as a holiday home, rental or a place for their future retirement.

Investing in property overseas can be risky without proper research and due diligence, and Indonesia is no exception. Knowing all the ins and outs of local regulations, taxes, residence status, legal rights and potential costs involved in a property purchase are essential for a successful and potentially lucrative investment. The key is to deal only with an established and reputable developer. For those that may be concerned, this has nothing to do with vacation timeshare.

There are many real estate developments going on in Bali, a place where property prices are rising rapidly as the infrastructure improves. The recently-completed eastern coastal highway links the north of the island all the way to the capital and airport at Denpasar to the southern tip. This has made new and relatively undeveloped areas far more accessible from popular places like Sanur, Kuta and Ubud.

One of these new locations is Ketewel (a well-known surfing spot, with views of Mt Agung volcano to the north) and this is where Prof. Michael Doliveck and wife Marayam of Balifornian Tours and Villas have chosen to build the Purnama Residence, an exclusive compound of five luxurious villas, ideal for retirement living or as a part or full time vacation rental – at surprisingly reasonable prices.

Importantly, they do provide full details of the development, building and site plan of the property and ALL the ancillary costs, plus investment return projections, and are more than willing to answer any questions a potential investor might have before they visit Bali – or from those who would just like to vacation in luxury.

Visit the Balifornian Villas website or if you are already in Bali, call manager Yani on 0818 0540 6768 and arrange a meeting with her.  For a personal response from Michael Doliveck, please submit the form.


Bali Villa Property
Investment or
Rental

 

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How to Retire in Bali – a guide for overseas retirement

Apart from being one of the world’s best-known tropical island getaway destinations, Bali has an established and growing expat community of people from different countries, both Eastern and Western, who have decided to spend most or all of their time there. Some start a business or invest in the burgeoning property market; some spend extended periods of leisure time, and  others decide to stay permanently and retire. Bali is also well-known for its luxury hotels and spas and private villas available for vacation rental or to purchase.

How to Retire in Bali – and Live in Paradise” is Mike Henry’s second Bali guide for expats. A fairly longtime Bali resident himself, the latest book, published in late 2011, is aimed at anyone thinking of spending extended time or retiring in Bali.

How to Retire in Bali contains much more useful information than its title indicates. It is packed with the same no-nonsense comprehensive research and attention to detail as his previously reviewed “How to Start a Business in Bali“.

Planning and preparing for your move, banking, financial and property rental and ownership issues, cost of living, medical facilities, bureaucracy (immigration, taxes, licensing), the social life and entertainment are all covered.

This guide is relevant not only for potential Bali residents; there are comparisons to expat life in other Southeast Asian or Central American countries. There’s relevant information and aspects of foreign country living that should be digested by anyone thinking of moving overseas for retirement.

While Bali is not exactly the “tropical island paradise” it’s often described as, for some it comes pretty close. Whichever country you live in, you need to take the good with the bad and Bali is no exception. Having spent a couple of years there myself about six years ago now, I read that some of the less attractive aspects remain, but others have improved and the island has not lost its unique appeal. It suits a lot of expats and tourists very well.

Whether you have been to Bali before or not, after finishing the 110 easy-to-read pages of How to Retire in Bali, with its many invaluable references, recommendations and tips, you will have a better idea of whether this might the next place for you. An excellent read, highly recommended; under-priced at $25.

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