Real Estate

When you think of Bali, lush green landscapes, serene rice fields, and pristine beaches might come to mind. But beyond the beautiful scenery, there’s a lot more to consider, especially regarding property investment and construction projects.  From conservation areas to residential locations and bustling tourism zones, knowing where you can build is essential. In this guide, we'll help you...

The post-COVID-19 surge in international tourism to Bali has brought some unintended consequences. Bali, often known as the Island of the Gods, has evolved beyond a tourist destination to become a significant investment hub for foreign entrepreneurs. High occupancy rates in accommodations like hotels and villas have driven up demand in Bali’s property and real estate markets. While Bali’s...

Planning a holiday or property investment in Bali? Before you start searching for your dream villa, be aware of the growing number of villa rental scams or construction projects targeting unsuspecting tourists. From fake listings to fraudulent payment methods, these scams can ruin your initial plans and result in financial loss. By following these expert tips, you can avoid common pitfalls and enjoy a...

In Indonesia, property transactions involve specific taxes, especially when the ownership status shifts from freehold (Sertifikat Hak Milik/SHM) to leasehold. This situation commonly arises when a foreigner purchases property, as Indonesian law strictly prohibits foreign individuals from owning land under freehold status. Instead, the property is converted to a leasehold for a specified period,...

The change of administration in a country always brings new hopes for something better. No exception for the winners of the 2024 Indonesia presidential election, Prabowo Subianto and Gibran Rakabuming. Prabowo, who will be inaugurated as the new President of Indonesia on October 20, plans to establish a Ministry of Housing. What are his plans?   Tackling Housing Backlog  During...

When dealing with property transactions in Indonesia, it's crucial to understand the tax implications based on the type of property ownership—leasehold or freehold.  Each ownership status carries distinct tax rates and obligations for both the seller and the buyer, and being informed can help you navigate the financial aspects of your real estate transactions more effectively. Leasehold...

Lembongan Island, usually known for its peaceful vibe, recently made headlines due to a controversial villa construction project. This incident highlights just how crucial it is to follow the rules, especially in a place like Bali, where the environment and cultural traditions are so closely guarded.   Authorities Halt Unpermitted Construction A shocking video has gone viral, showing a...

Property taxes are levied on the ownership, use, or transfer of real estate. Understanding the various types of property taxes is essential for anyone involved in the real estate business. This guide outlines the key property taxes that property entrepreneurs, businesses, and buyers should be aware of. 1. Final Income Tax (PPh property tax)  Final Income Tax on the Transfer of Land and Building...

From Vacation Spot to Investment Hotspot  Since the pandemic ended, Bali has seen a significant rise in interest from foreigners eager to invest in real estate. Once known primarily as a vacation spot, the "Island of the Gods" has now emerged as a highly sought-after investment destination. A key indicator of this trend is the growth in Bali's Property Demand Index, as reported by Bank...

Indonesia's fertile agricultural land is a national treasure, and the government treads carefully when it comes to conversion for development purposes. While land conversion can unlock economic growth, strict regulations are in place to ensure a sustainable balance.  If as a businessman you are eyeing some agricultural land for some other utilization, this article will tell you the process of...