Real Estate in Bogor, Indonesia
Last updated on Jan 03, 2024
Summary: The most desirable neighborhoods in Bogor, Indonesia are Cibinong, Cimanggis, and Cileungsi. The average cost to buy a nice 2 bedroom home in Bogor is around $100,000 USD, while a nice 3 bedroom home can cost around $150,000 USD. These properties typically include modern amenities such as air conditioning, hot water, and a kitchen. There are no restrictions on foreign ownership for properties in Bogor. An expat looking to buy a home in Bogor should start by researching the different neighborhoods and their amenities. They should also consider their budget and look for properties that fit their needs. It is also important to research the local real estate market and find a reputable real estate agent to help with the process. Finally, they should make sure to get all the necessary paperwork in order before making a purchase.
How do I find a place to live in Bogor?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"One way to find a place to live in Bogor is to search online for rental listings. Websites such as Rumah.com, Lamudi, and 99.co are popular rental listing sites in Indonesia. Additionally, you can search for rental listings on social media platforms such as Facebook and Instagram. You can also ask friends and family who live in Bogor for recommendations. Finally, you can visit the area in person and look for rental signs or contact local real estate agents for assistance," said one expat who made the move to Bogor.
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What is a typical expat home or apartment like in Bogor?
"Expat homes and apartments in Bogor are typically modern and comfortable. Many expats choose to live in gated communities, which offer a safe and secure environment. Apartments tend to be spacious and well-equipped, with amenities such as air conditioning, cable TV, and internet access. Expats can also find houses with gardens and swimming pools, as well as access to local amenities such as shopping malls, restaurants, and entertainment venues," explained one expat living in Bogor, Indonesia.
What is the average cost of housing in Bogor?
If you are thinking about moving to Bogor, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The cost of housing in Bogor varies depending on the type of accommodation and location. Generally, the cost of renting an apartment or house in Bogor is relatively affordable compared to other cities in Indonesia. Prices range from around $200 to $1,000 per month, depending on the size and amenities of the property," said one expat in Bogor.
Should I buy or rent a home in Bogor?
If you have not spent a lot of time in Bogor, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"Whether you should buy or rent a home in Bogor depends on your individual needs and preferences. If you plan to stay in Bogor for a long period of time, buying a home may be a more cost-effective option. On the other hand, if you are only planning to stay in Bogor for a short period of time, renting a home may be a better option. Additionally, if you are looking for more flexibility, renting a home may be the better choice. Ultimately, the decision to buy or rent a home in Bogor, Indonesia should be based on your individual needs and preferences," said one person in Bogor.
What do I need to know when buying property in Bogor?
When we asked expats what advice they would give a foreigner before buying a property in Bogor, they said:
"1. It is important to research the local market and understand the current trends in the area before making a purchase. 2. It is important to understand the local laws and regulations regarding property ownership and taxation. 3. It is important to hire a qualified lawyer to help with the legal aspects of the purchase. 4. It is important to have a clear understanding of the costs associated with the purchase, such as taxes, fees, and closing costs. 5. It is important to have a clear understanding of the local infrastructure, such as roads, public transportation, and utilities. 6. It is important to have a clear understanding of the local culture and customs, as well as the language. 7. It is important to have a clear understanding of the local economy and job market. 8. It is important to have a clear understanding of the local security situation. 9. It is important to have a clear understanding of the local housing market, including rental prices and availability," remarked one foreigner who made the move to Bogor.
Are foreigners allowed to own property in Bogor?
When we asked expats what advice they would give a foreigner before buying a property in Bogor, they said...
"Foreigners are allowed to own property in Bogor, but with certain restrictions and conditions. In Indonesia, foreigners cannot directly own freehold land titles (Hak Milik). Instead, they can acquire property through leasehold (Hak Pakai) or right-to-use titles, which grant them the right to use the land for a specific period, usually up to 80 years. This includes an initial lease period of 30 years, with an option to extend for another 20 years and a further 30 years after that. Foreigners can also own apartments or condominiums through strata titles, as long as the building has a proper permit and the foreigner holds a valid residence permit in Indonesia. It is essential for foreigners to consult with a local legal expert to ensure compliance with Indonesian property laws and regulations when purchasing property in Bogor or any other part of Indonesia," wrote one expat who made the move to Bogor.
What appliances are typically included in a rental?
We asked foreigners in Bogor 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 Bogor, rental properties typically include a refrigerator, stove, oven, washing machine, and air conditioning unit. Additionally, some properties may also include a microwave, water heater, and/or dishwasher," explained one person living in Bogor, Indonesia.
Additional Information about Searching for a Home in Bogor:
We asked foreigners in Bogor 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 Bogor often start by browsing online property websites and local classifieds to get an idea of the housing market. They may also join expat forums and social media groups to seek advice and recommendations from fellow expats who have experience living in Bogor. Additionally, expats can reach out to local real estate agents who are familiar with the area and can help them find a suitable home. Visiting the city and exploring different neighborhoods can also be helpful in finding the perfect home, as it allows expats to get a feel for the local culture and amenities. Networking with locals and other expats can also lead to potential housing opportunities, as word-of-mouth can be a valuable resource in finding a home in Bogor," explained one expat in Bogor.
About the Author
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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