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In Lovina, properties available for sale or rent can range from apartments, villas, and homes to commercial properties such as resorts and hotels. Some properties may be located on the beach or offer ocean views, while others may be situated in the heart of town.
Lovina is considered a popular tourist destination in Bali, Indonesia, so it may offer good investment opportunities for property. However, as with any investment, it’s important to thoroughly research the market and consider factors such as demand, supply, and local economic conditions before making a decision.
Yes, foreigners are able to own property in Lovina, but there are certain restrictions that apply. For example, under Indonesian law, foreigners are not allowed to own land but can own a building on it through a long-term leasehold agreement. It’s important to consult a local real estate agent or lawyer for more information on the specific regulations in Lovina.
The average price for a property in Lovina can vary depending on the location, size, and type of property. A small apartment or home may start at around IDR 500 million (approximately USD 35,000), while a luxury villa or resort property can easily exceed IDR 10 billion (approximately USD 700,000). Additionally, rental prices can range from IDR 10 million (approximately USD 700) per month for a small apartment to IDR 100 million (approximately USD 7,000) or more for a high-end villa.