Uluwatu, with its stunning cliffside views, world-renowned surf breaks, and vibrant community, is fast becoming one of Bali’s most sought-after locations for property investment. If you’re considering purchasing real estate in this captivating corner of Bali, you’re in the right place. This comprehensive guide will walk you through the reasons to invest in Uluwatu, the rules surrounding property ownership for foreigners, the process of buying property through PT PMA, the property market trends, how to navigate the buying process, and a list of property listings to kick-start your journey.
Why You Should Buy Property in Uluwatu?
Uluwatu’s Natural Beauty:
Uluwatu is renowned for its breathtaking coastal cliffs, pristine beaches, and panoramic ocean views. Investing here means waking up to paradise every day.
Uluwatu is a haven for surf enthusiasts, boasting world-class surf spots like Uluwatu, Padang Padang, and Balangan. Owning property here means easy access to some of the best waves in Bali.
The area is witnessing substantial growth in tourism, ensuring a robust rental market for property investors. Visitors flock to Uluwatu for its temples, cultural performances, and pristine beaches.
Uluwatu is known for its relaxed and welcoming community of locals and expats, creating a warm and inclusive environment for residents.
Can Foreigners Buy Property in Uluwatu?
Yes, foreigners can invest in property in Uluwatu, but they must follow specific regulations. Under Indonesian law, foreigners cannot own land outright, but they can have property rights through several methods:
- Leasehold: Foreigners can lease land for an initial period of 25 years, extendable up to 70 years.
- Through PT PMA: Foreign individuals or entities can establish a Foreign-Owned Company (PT PMA) to own property in Indonesia. This is a popular and legal method for foreign property ownership.
How To Buy Property in Uluwatu using PT PMA
Purchasing property in Uluwatu through PT PMA involves the following steps:
- Establish a PT PMA: Register a Foreign-Owned Company with the Indonesian Investment Coordinating Board (BKPM).
- Select a Property: Choose the property you wish to buy, ensuring it adheres to the ownership rules.
- Title Certification: Verify the property’s title and conduct due diligence to ensure a clear legal title.
- Purchase Agreement: Sign a purchase agreement and conduct a land survey.
- Transfer Tax: Pay the applicable property transfer taxes and complete the property transaction.
- Property Ownership Certificate: Obtain the property ownership certificate (Hak Milik) in the name of the PT PMA.
Real Estate Property Prices in Uluwatu
Property prices in Uluwatu vary depending on location, type, and amenities. Generally, you can find a range of properties to suit different budgets, starting from as low as $150,000 for smaller leasehold villas or apartments and going up to several million dollars for luxury cliff-front properties.
How to Buy Property in Uluwatu?
The property buying process in Uluwatu follows these general steps:
- Define Your Goals: Determine your investment goals and budget.
- Find a Property: Research and shortlist properties that align with your objectives.
- Due Diligence: Conduct a thorough due diligence to verify property details, legal status, and ownership rights.
- Legal Assistance: Engage a reputable lawyer or notary to assist with the transaction and legal aspects.
- Negotiate and Agree: Negotiate the purchase price and terms with the seller and sign a purchase agreement.
- Financial Arrangements: Ensure you have the required funds or financing in place.
- Property Transfer: Complete the property transaction, pay taxes, and obtain the property certificate.
- Ownership Transfer: If using a PT PMA, ensure that the property is registered under the company’s name.
List of Property Listings in Uluwatu
Here is a list of property listings in Uluwatu to get you started on your property investment journey:
Industrial Loft Style Apartment in Uluwatu
Design your own style and design! This is the First apartment that offers more than 6 different interior design styles and finishes.
This apartment is built on 2000 square meters of land, with a total of 57 units, 4 floor building. All units come with a 10 Years Construction Guarantee plus 1 year for everything.
Each building has no connecting walls with the neighboring. The floor area varies from 60 to 80 m2, 1-3 bedrooms. The buildings are arranged around the perimeter of the site and look out onto a patio. On each floor it is possible to arrange from 1 to 2 apartments, depending on the wishes of the client and the size of the building.
All included with:
- Parking lots for cars and bikes
- Tropical pool in the center of the complex
- Outdoor gym
- Conference hall
- Cafes and restaurants
- Store with usual European food
- Relaxation area on the rooftop in each
Offered for a leasehold title until 12-07-2053 with price starting at IDR 1,080,000,000 / USD 69,990Find out More
Two Units Ocean and Mountain View Villa in Bingin Hill Uluwatu Bali
Welcome to your future home!
2 Units villa is available for sale, located in the most searched area in Uluwatu Bali, Bingin Hill.
This villa is offered for sale both or separately.
First villa is built on 500 sqm of land, 2 floors building and comes with 4 bedrooms with ensuite bathroom, 1 guest toilet, living room, fully equipped kitchen and Infinity pool.
Second Villa is built on 100 sqm of land, 2 floors and comes with 1 bedroom with ensuite bathroom, another room can be converted to another bedroom, 1 guest toilet, living room, fully equipped kitchen and Infinity pool.
Offered for a leasehold title until 12-09-2045 at the price:
Both: IDR 13,500,000,000 (Approx 800,000 EUR)
Villa 1: IDR 10,550,000,000 (Approx 625,000 EUR)
Villa 2: IDR 4,300,000,00 (Approx 255,000 EUR)Find out More
Ocean Views Project in Uluwatu Bali
Discover the luxury of living in Bali’s famous paradise! We’re thrilled to offer you a golden chance to own a beautiful 2-bedroom villa with an ocean view in one of Bali’s most desired locations, Uluwatu Bali. Located in the heart of Uluwatu. 10-15 minutes to white beaches and beach clubs, 25 minutes to the airport, 2 minutes to the best restaurants in Uluwatu like Nourish, Trabelle and Bali Buda.
Breathtaking View over Uluwatu Whether you’re in your bedroom or on your rooftop, enjoy the breathtaking view of the ocean, the iconic GWK statue, and those radiant red-shiny sunsets.
High Rental Potential, Rising Property Value, Finest Construction Quality.
Offered for a leasehold title for 25 years, price starting IDR 3,010,000,000 / 177.970 EUR.Find out More
Experience High-Quality Living in a Brand New Luxury Property in Uluwatu
This brand new luxury 2-bedroom villa sits on 340-square meters of leasehold land, 225-square meters of living space, located in the prime location of Uluwatu, just a short drive away from Bingin Beach.
Designed to the highest quality, you’ll find fully enclosed living areas, three massive bedrooms with walk-in wardrobes and marble bathrooms with premium black tapware, multiple skylights and windows as well as a full designer kitchen with double door fridge and Electrolux appliances.
The villa comes with a gazebo area with electric louvers, a BBQ entertaining area, and smart TV with outdoor seating and dining.
There’s also a full water filtration system, council water connection, an in-ground water tank, a full security alarm system and PLN capacity of 16,500.
Leasehold until 2038
If you’d like more information or want to see the property, get in touch with us today.Find out More
Nearly Finished, Dream Home in Bingin Uluwatu Bali – Freehold or Leasehold
This project is built on Freehold land in a total of 1400 sqm of land.
Only 3 out of 6 charming villas are still available, and they come with stunning jungle views. Each villa features 2 bedrooms, ensuite bathrooms, a spacious rooftop, and a fully-equipped kitchen.
With a building guarantee included, you can enjoy peace of mind in your new home. These villas offer 200 sqm of living space, a 10 sqm private pool, and a 100 sqm land plot. Plus, residents have free access to a Gym and Wellness Center for a healthy lifestyle.
Choose the ownership option that suits you best:
Leasehold 25 Years:
$299,000 (fully furnished)
$349,000 (furnished with cold plunge, hot plunge, and sauna)
$450,000 (fully furnished)
$499,000 (furnished with cold plunge, hot plunge, and sauna)
Don’t miss your chance to own a piece of Bali’s beauty. Your dream villa in Uluwatu is just a step away!Find out More
In conclusion, Uluwatu offers an enticing opportunity for property investment, thanks to its natural beauty, surf culture, tourism growth, and welcoming community. By understanding the regulations and following the proper procedures, you can secure your own piece of paradise in this remarkable Balinese destination.