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Real Estate in Bali, Indonesia | Digital Nomad Exchange
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Ubud on Bali Island, Indonesia

Real Estate in Bali, Indonesia

By Joshua Wood, LPC

Last updated on Apr 01, 2024

Summary: The most desirable neighborhoods in Bali, Indonesia are Seminyak, Canggu, Ubud, Sanur, and Jimbaran. The average cost to buy a nice 2 bedroom home in Bali is around $200,000 USD, while a nice 3 bedroom home can cost around $400,000 USD. These properties typically include modern amenities such as air conditioning, swimming pools, and private gardens. Foreigners are allowed to own property in Bali, however, they are not allowed to own land. The best way for an expat to search for a home to buy in Bali is to use a real estate agent or search online for listings. It is also important to research the local laws and regulations regarding foreign ownership of property in Bali.

William Russell
William Russell
William Russell
William Russell

How do I find a place to live in Bali?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"To find a place to live in Bali, start by researching the different areas and neighborhoods to determine which one suits your needs and preferences. Popular areas for expats include Seminyak, Canggu, Ubud, and Sanur. Consider factors such as proximity to amenities, safety, and the type of community you want to be a part of. Next, set a budget for your accommodation. Bali offers a wide range of housing options, from budget-friendly guesthouses to luxury villas. Keep in mind that prices can vary significantly depending on the area and type of accommodation. Once you have a clear idea of your preferred location and budget, start searching for available properties. You can use online platforms such as Facebook groups, expat forums, and websites like Rumah, OLX, and Airbnb to find listings. Additionally, you can contact local real estate agents who can help you find suitable properties and negotiate rental agreements. When you find a property that interests you, arrange a viewing to inspect the condition of the place and ensure it meets your needs. During the viewing, ask about the terms of the rental agreement, including the duration of the lease, payment terms, and any additional fees or charges. Before signing a rental agreement, make sure to read it carefully and clarify any doubts or concerns with the landlord or agent. It's also a good idea to ask for a copy of the property owner's identification to ensure you're dealing with the legitimate owner. Finally, once you've found the perfect place to live in Bali, prepare the necessary documents and payments to secure the property. This may include providing a copy of your passport, paying a security deposit, and arranging for utilities and internet services," explained one person living in Bali, Indonesia.

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What is a typical expat home or apartment like in Bali?

"A typical expat home or apartment in Bali, is often a spacious, modern, and well-furnished living space. These homes usually feature open-plan living areas, fully equipped kitchens, and comfortable bedrooms with air conditioning. Many expat homes also boast private swimming pools, lush tropical gardens, and outdoor lounging areas, perfect for enjoying the warm Balinese climate. The architecture often blends traditional Balinese design elements, such as thatched roofs and carved wooden doors, with contemporary features like large windows and sliding glass doors. These homes are typically located in popular expat neighborhoods, such as Seminyak, Canggu, or Ubud, where residents can enjoy easy access to international schools, restaurants, and shopping centers. Additionally, many expat homes in Bali come with housekeeping and maintenance services, providing a convenient and comfortable lifestyle for their occupants," said one expat who made the move to Bali.

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What is the average cost of housing in Bali?

If you are thinking about moving to Bali, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The average cost of housing in Bali, can vary greatly depending on the location and type of property. In general, renting a one-bedroom apartment in the city center may cost around $300 to $500 per month, while a similar apartment outside the city center may cost around $200 to $400 per month. For those looking to purchase property, the average price per square meter for an apartment in the city center is approximately $1,500 to $2,500, while outside the city center, it may range from $800 to $1,500. Keep in mind that these are just average figures, and actual costs may differ based on various factors," said one expat who made the move to Bali.

Should I buy or rent a home in Bali?

If you have not spent a lot of time in Bali, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:

"Deciding whether to buy or rent a home in Bali, depends on several factors, such as your financial situation, long-term plans, and personal preferences. If you plan to stay in Bali for an extended period and have the financial means, buying a home can be a good investment. Owning a property allows you to build equity, customize your living space, and potentially generate rental income if you decide to lease it out. Additionally, Bali's real estate market has shown steady growth over the years, which could lead to an increase in your property's value. On the other hand, renting a home in Bali offers more flexibility and fewer responsibilities. If you are unsure about your long-term plans or prefer not to commit to a large financial investment, renting may be the better option. Renting allows you to explore different neighborhoods and types of homes without the commitment of ownership. It also frees you from the responsibilities of property maintenance and taxes. It is essential to consider the legal aspects of property ownership in Indonesia, as foreign nationals cannot directly own freehold property. However, they can acquire property through leasehold agreements or by setting up a local company. This process can be complex and may require professional assistance. In conclusion, the decision to buy or rent a home in Bali depends on your individual circumstances and preferences. Consider your financial situation, long-term plans, and the legal aspects of property ownership before making a decision," remarked one member in Bali.

What do I need to know when buying property in Bali?

When we asked expats what advice they would give a foreigner before buying a property in Bali, they said:

"1. Foreigners cannot directly own freehold property in Bali, but they can lease or own property through a Hak Pakai (Right to Use) or Hak Guna Bangunan (Right to Build) title. 2. It is essential to work with a reputable real estate agent or lawyer to help navigate the complex property laws and regulations in Bali. 3. Due diligence is crucial when purchasing property in Bali, including checking land certificates, zoning regulations, and ensuring there are no outstanding debts or disputes on the property. 4. It is important to understand the different types of land titles in Bali, such as Hak Milik (Freehold), Hak Pakai (Right to Use), and Hak Guna Bangunan (Right to Build). 5. Leasehold agreements are a popular option for foreigners, typically lasting 25-30 years with an option to extend. 6. Ensure that all legal documents and contracts are in both English and Indonesian to avoid any misunderstandings or misinterpretations. 7. Be aware of the potential risks associated with buying property in Bali, such as land disputes, natural disasters, and changes in government regulations. 8. Consider the location and purpose of the property, whether it is for personal use, investment, or rental income. 9. Factor in additional costs such as taxes, maintenance, and property management fees when budgeting for your property purchase. 10. Keep in mind that property prices in Bali can be negotiable, so it is essential to research the market and be prepared to negotiate with sellers," explained one foreigner living in Bali, Indonesia.

Are foreigners allowed to own property in Bali?

When we asked expats what advice they would give a foreigner before buying a property in Bali, they said...

"Foreigners are not allowed to own freehold property in Bali. However, they can obtain property through leasehold or "Hak Pakai" (Right to Use) titles. Leasehold allows foreigners to lease the property for a certain period, usually up to 25 years, with an option to extend. Hak Pakai title grants the right to use the property for a maximum of 80 years, with an initial period of 30 years and two possible extensions of 20 and 30 years. These options provide foreigners with a legal way to possess property in Bali without violating Indonesian property laws," explained one expat in Bali.

What appliances are typically included in a rental?

We asked foreigners in Bali what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:

"In a rental property in Bali, you can typically expect to find essential appliances such as a refrigerator, stove, microwave, and a water dispenser. Some properties may also include a washing machine, air conditioning units, television, and small kitchen appliances like a rice cooker, toaster, and kettle. However, the inclusion of these appliances may vary depending on the rental agreement and the type of property you are renting," explained one person living in Bali, Indonesia.

Additional Information about Searching for a Home in Bali:

We asked foreigners in Bali what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included...

"Expats searching for homes in Bali often start by browsing online property listings on websites such as Bali Property, Rumah123, and Dot Property. They may also join expat forums and social media groups to seek advice and recommendations from fellow expats who have already gone through the process. Additionally, they might engage the services of a local real estate agent who is familiar with the area and can help them navigate the local property market. Expats may also visit popular neighborhoods in person to get a feel for the area and look for rental or sale signs posted outside properties. Networking with other expats and locals can also be helpful in finding potential homes, as word-of-mouth can lead to discovering hidden gems or upcoming vacancies," explained one expat in Bali.

About the Author

Joshua Wood Joshua Wood, LPC is one of the Founders of Digital Nomad Exchange and serves as Co-President of Expat Exchange. Prior to Expat Exchange and Digital Nomad Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.

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