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Thursday, 7 July 2016

Important Tips When Considering Investing In Bali Property

By Mary Moore


It does not matter whether you are looking for a permanent home or nice vacation house but you will love what Bali has to offer as it is a paradise. The area has advantages in that it has great real estate properties on offer, scenic parks and gardens and beaches that are white sandy. However, as you plan to invest in Bali property there are several points that you should consider and some of them are listed below.

You should consider how close the land you are interested in is to the temples that exist in Indonesia as building projects are prohibited in areas near them. There are various buildings that exist near temples but you should not risk it. It is important to make certain that you get assurances from the local government to ensure that you do not have issues later.

You should look into the issue of the ownership of crops or trees that will be on your land as you plan to buy it. There are some crops or trees that are usually harvested by the farmers although they are growing in your home. This case is common especially when it comes to mango and coconut trees.

The issue of getting building permits should also be considered before you decide to buy land from a certain part of Bali. All buildings that are being constructed in Indonesia ought to have building permits and the same should be displayed prominently. You could be in a position to start looking for the building permit while still engrossed in the negotiations for your land.

You should ensure your house will be well connected to a water supply either from the system or a well or borehole. It would be wise to look at the amount of water available to check if it will be sufficient for your uses. Electricity is another vital thing that you should also consider if it is connected and if the wattage it comes with will be effective.

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.

It is important to consider the access roads that link the different properties in Bali as you can find yourself without access to your own land. Make certain that you check the roads leading to land to ascertain whether they are owned by private individuals or they are public. Private individuals might block your access until you pay them a certain fee.

It is also important to look if you know of any foreigner that has acquired any sort of properties based in Bali and seek advice from them. You will find that there are some communities who live in villages that you must pay some amount of money in order to join them. You should strive to become part of a community as the area is community focused.




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