Properties available for sale or rent in Ubud include private villas, apartments, and traditional Balinese houses. Many of these properties are designed in the traditional Balinese style, with thatched roofs, open-air living spaces, and lush tropical gardens. There are also more modern properties available, with contemporary designs and a range of luxurious amenities.
Ubud is a popular location for investment in property due to its growing tourism industry, high demand for rental properties, stable real estate market, growing infrastructure, and rich culture and lifestyle. However, it is important to consider individual needs and goals and consult with a local property expert to make an informed decision.
Yes, foreigners can own property in Ubud, Indonesia. In accordance with Indonesian law, foreigners are allowed to purchase a freehold property, also known as a Hak Milik property. This type of property ownership grants the buyer full rights to the property, including the right to sell, lease, or pass on the property to others.
The average price of a property for sale or rent in Ubud can vary widely depending on the location, size, and features of the property. Properties in central Ubud, close to popular tourist attractions and local amenities, tend to be more expensive than those in the surrounding countryside. A one-bedroom villa in central Ubud can cost anywhere from IDR 2 billion to IDR 10 billion or more, while a larger villa or a property in the countryside can cost less.