Canggu, a lovely place in Bali, is catching the eye of property investors and people from abroad who want a slice of Bali’s beauty. It has stunning beaches, a vibrant community, and a real estate market that’s on the rise. If you’re thinking about buying property in Canggu, this guide will show you the essential steps to make it happen.
Is Buying Property in Canggu a Good Idea?
Buying property in Canggu can be a smart move. The island sees lots of tourists, which means you can make money by renting your property. Plus, property values in Canggu have been going up, offering potential for long-term profit.
Can Foreigners Buy Property in Canggu?
Yes, foreigners can buy property in Canggu, but there are some rules to follow. In general, foreigners can’t own land in Indonesia. However, there are alternative ways for you to get property.
What You Should Know Before Buying in Canggu
Freehold Ownership
Foreigners usually can’t own land in Indonesia directly. However, you can buy a property in Canggu through a nominee arrangement or by setting up a foreign-owned company called a PT PMA.
Leasehold Ownership
Many foreigners opt for leasehold ownership. You can lease a property for 25 to 30 years (with an option to extend). But, lease agreements can be complex, so get legal advice.
Do I Need to Register a PT PMA to Buy Property in Canggu?
To own property in Canggu as a foreigner, you might need to create a PT PMA (foreign-owned company). This company allows you to buy property. Setting up a PT PMA comes with legal requirements and costs, so it’s wise to consult a legal expert.
How Much Does Property in Canggu Cost?
Property prices in Canggu can vary widely. In general, villas might start at a few hundred thousand dollars, while luxury properties can go for several million. To get the most accurate prices, research the current market and work with a local real estate agent.
Steps to Buy Property in Canggu
- Research: Learn about the market and the rules for foreign investors in Bali.
- Budget: Figure out how much you can spend, including property price, taxes, and other expenses.
- Legal Help: Hire a local notary or legal expert who knows property transactions.
- Find Property: Work with a reliable real estate agent to find properties that suit you.
- Check Things Out: Do your homework by inspecting the property and confirming ownership and land titles.
- Negotiate: Talk to the seller about the price and terms.
- Agreement: Create a purchase agreement that protects your interests.
- Pay Up: Sort out the payment, usually through an escrow account or trusted middleman.
- Ownership Transfer: Complete the property transfer and handle taxes and fees.
- Enjoy Your Property: Once it’s yours, you can use it or rent it out for income.
List of Property Listings in Canggu
Private Complex in Canggu: Modern Living with Premium Amenities
Welcome to our exclusive private complex in Canggu, Bali, where contemporary living meets tranquility. This development features beautiful walking paths, a 25-meter pool, a gym, a spa, and underground parking.
Project Concept:
Canggu is the island metropolis of Bali, known for its well-established infrastructure catering to all tastes. Our project’s primary goal is to create serene walking alleys around the complex with benches for relaxation and socializing. Therefore, we designed a residential area free from bikes and cars. At the entrance, you’ll find two underground parking lots with designated spaces for residents and guests.
Amenities:
- 25-meter pool
- Smoothie bar
- Gym
- Spa
- Coworking space
- Children’s playroom
Advantages Over Competitors:
- Timeless Architecture: We create designs that stand the test of time.
- Emotional Design: Carefully crafted emotional design focusing on Instagram-worthy details and comfort.
- High-Quality Construction: Our buildings look even better than the visualizations, matching the renders 100%.
- Superior Sound Insulation: We are the only ones in Bali installing German Schuco double-glazed windows, which are 10 times more expensive, to block out noise from dogs, roosters, bikes, and neighbors.
- Enhanced Privacy: All walls are double-layered with added sound insulation.
- Smart Home Features: All units include walk-in closets with large mirrors, smart home technology, lighting scenarios for various events, smart curtains, high-quality audio systems, and smart toilets.
- Water Filtration: Ensuring high water quality is crucial for hair, skin, and preventing limescale on fixtures.
- Celebrity Endorsements: Our properties are purchased by well-known bloggers, enhancing the project’s media presence and increasing property value.
Leasehold Terms:
- 30 years (28 years after construction completion)
- Guaranteed 30-year extension
Location:
- Canggu, Batu Bolong
- 5 minutes from the ocean
Completion Schedule:
- 2-bedroom villas: Q1 2025
- Apartments, penthouses, and townhouses: Q4 2025
Available Units:
- 2-bedroom Villa: $355,000 | 123 sqm
- 1-bedroom Townhouse: $210,000 | 71 sqm
- 1-bedroom Townhouse: $190,000 | 65 sqm
- 1-bedroom Penthouse: $170,000 | 60 sqm
- 1-bedroom Apartment: $155,000 | 57 sqm
Payment Terms:
- $5,000 non-refundable reservation fee
- 30% down payment
- Interest-free installments until construction completion
Warranty:
- 5 years on structure
- 1 year on finishing
- 1-2 years on equipment from the manufacturer
Don’t miss out on this unique opportunity to own a premium property in the heart of Canggu. Contact us today for more information!
Find out More3 Bedroom Luxury Tropical Villa for Lease in Dreamland Area
Discover Your Dream Investment
Welcome to an exceptional investment opportunity with our stunning mid-century modern villa, available for a 21-year leasehold with an additional 15-year extension. Nestled on a plot starting at 1.71 ara, and a living area of 1.40 ara (including a terrace), this property offers both luxury and comfort.
Key Features:
- Enclosed Living Area: Enjoy privacy and peace in a beautifully designed space that blends seamlessly with the outdoors.
- Private Pool: Relax in your own secluded pool, perfect for unwinding or entertaining.
- Panoramic Kitchen and Living Room: Cook and dine with breathtaking views through expansive windows.
- 3 Master Bedrooms: Featuring perfect design proportions, high-quality soundproofing, air conditioning, various lighting modes, and light and blackout curtains.
- 3.5 Bathrooms: Includes a shower and a bathtub, with spacious wardrobes and high-quality textiles and fittings.
- Second-Floor Terrace: Perfect for relaxation and dining with garden and pool views.
- Cozy Garden: A charming garden space for morning coffee or evening relaxation.
- Mid-Century Style Design: Timeless elegance meets contemporary convenience.
Located just 2 minutes from Dreamland Beach and 5 minutes from Padang Padang Beach, this villa is not just a home but a smart investment. Its prime location, exceptional design, and amenities make it an attractive proposition for investors seeking both a luxurious lifestyle and long-term value.
Secure Your Future
Don’t miss the chance to own a piece of paradise. Secure your viewing today and take the first step towards making this exceptional villa yours.
Find out MoreOne Bedroom Apartment walking distance to the Canggu Beach
Nestled in the heart of vibrant Canggu, just a leisurely 5-minute stroll from the golden sands of Canggu Beach, lies an exciting opportunity. Introducing an off-plan 1-bedroom apartment set on 500 square meters of leasehold land, promising a modern retreat just moments from the area’s best attractions. With its prime location, you’re only a minute away from an array of restaurants, cafes, and boutique shops, ensuring convenience and a dynamic lifestyle right at your doorstep.
Each apartment includes a bedroom with an ensuite bathroom, a cozy living room, and a kitchen. The interior is semi-furnished with a dining area and kitchenette, while outside provides a serene environment ideal for relaxation.
Strategically positioned near the captivating Canggu Beach, residents will enjoy direct access to the shoreline and the vibrant local scene. Ideal for both personal use and as an investment opportunity, this apartment is priced competitively at IDR 2.093.000.000 (approximately USD 129,000) with a 25-year leasehold title, anticipated for completion in December 2024.
Contact us today for further details!
Find out MoreAffordable Cemagi Apartment One Minute To The Beach
Situated in Cemagi, just a leisurely 2-minute stroll from the beach shores of Cemagi Beach, this off-plan 1-bedroom apartment occupies 1040 square meters of leasehold land, featuring each unit with a spacious 50 square meters. Strategically positioned near the captivating Cemagi Beach, offering direct access to the beach and nearby attractions.
Each apartment includes a bedroom with an ensuite bathroom, a cozy living room, and a kitchen. The interior is semi-furnished with a dining area and kitchenette, while outside provides a serene environment ideal for relaxation.
Priced at IDR 1,541,000,000 (approximately USD 95,000) with a 25-year leasehold title, this 1-bedroom apartment unit is scheduled for completion in September 2024.
Contact us today for further details!
Find out MoreWalking Distance Two Bedrooms Villa to the Cemagi Villa
Located in Cemagi, with a beautiful 3 minutes walking to the amazing sunset Cemagi beach.
This 2-bedroom off-plan villa sits on 120-square metres of leasehold land in Cemagi beach area and 65-square meters of building size. A hidden gem strategically just 3-minutes walking from the enchanting Cemagi Beach, with direct beach access and popular tourist destinations.
The villa has two bedrooms with ensuite bathrooms and panoramic views of the surroundings through large windows. Inside, you’ll find a semi-furnished space with a kitchen and dining table, and a cozy living room space. Outside, is a refreshing pool surrounded by comfortable chairs, a cozy and relaxing place to hang out. There is a rooftop that will be your relaxing place to enjoy sunset time and barbeque on the rooftop.
This 2 Bedrooms off-plan villa is being offered with a 30-years leasehold title for IDR 2.740.000.000 (approx. USD 169,000) for fully furnished
Or
20-years leasehold title for IDR 2.090.000.000 (approx. USD 129,000) for semi furnished
The villas is expected to be completed in August 2024.
Get in touch today for more details!
Find out MoreIn summary, buying property in Canggu, Bali, can be a great investment if you do your research and take the right steps. Make sure you understand the legal aspects, property types, and the current market situation in Canggu before you start your property-buying adventure in this beautiful place.