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.
Surfer’s Paradise:
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.
Booming Tourism:
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.
Vibrant Community:
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:
2 Bedrooms Villa with Sunset and Sunrise View in Nunggalan Beach
Development of three independent two-bedroom villas in Uluwatu, as part of a new-build residential complex, located in Nungalan. Nunggalan is a picturesque area located in Uluwatu, on the Bukit Peninsula in Bali. It is known for its stunning Nunggalan Beach, which stands out for its natural beauty and tranquility. This secluded beach, with its white sand and crystal-clear waters, is less crowded than other beaches in Uluwatu, making it an ideal retreat for those seeking a more peaceful and relaxed environment.
The complex consists of three independent two-bedroom villas situated in a newly built residential area surrounded by lush greenery. The villa sits on 125 m² size of land and interior building size 110 m², with a delightful modern style. Each villa is oriented east-west, allowing residents to enjoy both sunrise and sunset views, maximizing natural light throughout the day.
These elegant residences are spread over two floors, offering an avant-garde design that perfectly combines tropical charmandcontemporary aesthetics. On the ground floor, a sunken living room, a bright dining room and a modern kitchen connect fluidly with a spacious terrace that embraces an infinity pool with an integrated solarium. This space invites you to enjoy the outdoors in complete harmony with the natural environment. The upper floor houses two bedrooms with double beds, each with its own en-suite bathroom. Both bedrooms open onto an attached balcony with spectacular views of the surrounding greenery.
The aesthetics of the project highlight the tropical beauty through stone planters that adorn the façade, integrating vegetation into its design. The villas have 4-meter wide access paths both from the façade and the pool area, ensuring convenient entry and exit points. From these villas, you can see views of a lush green area that offers a feeling of serenity and calm.
The villa is expected to be completed in 12 months after the purchasing date.
This property offered leasehold for 25 years at a price of 3.500.000.000 IDR
Find out MoreCharming Middle-Century Modern Two-Bedroom Villa for Lease in Dreamland
Welcome, Your Dream Investment Awaits
Discover a unique investment opportunity with our exquisitely designed middle-century modern villa, available for a 21-year leasehold with an additional 15-year extension. Nestled on a plot starting at 1.26 ara, with a spacious living area of 1.18 ara, ( with a terrace )Â this property promises both luxury and comfort.
This villa is not just a home, it’s a potential investment opportunity. With a 21-year leasehold and an option to extend for an additional 15 years, you are assured of long-term value. Its prime location, combined with exceptional design and amenities, makes it an attractive proposition for smart investors seeking both a luxurious lifestyle and investment.
Key Features:
- Enclosed Living Area: Enjoy privacy and peace in a beautifully designed living space that seamlessly integrates with the outdoors.
- Private Pool: Dive into relaxation with your own secluded pool, perfect for unwinding or entertaining guests.
- Panoramic Kitchen Living Room: Cook and dine with breathtaking views through expansive windows that flood the space with natural light.
- 2 Master Bedrooms: Retreat to two elegantly appointed master suites, each designed with comfort and style in mind.
- 2.5 Bathrooms: Luxury in well-designed bathrooms featuring modern fixtures and finishes.
- Second-Floor Terrace: Host unforgettable barbecues or simply enjoy stunning sunset views from your private terrace.
- Cozy Garden: A charming garden space offers a serene escape, perfect for morning coffee or evening relaxation.
- Mid-Century Style Design: Timeless elegance meets contemporary convenience in a design that celebrates mid-century modern aesthetics.
Don’t miss the chance to own a piece of paradise that promises not just a home, but a thriving investment for the future.
Secure your viewing today and take the first step towards making this exceptional villa become yours.
Find out MoreOne Bedroom Apartment Walking Distance to the Balangan Beach
Located in Balangan, with a beautiful 4 minutes walking distance to the amazing sunset Balangan beach. Only 1 minutes away from the supermarket, shops, and cafe.
This 1-bedroom off-plan apartment sits on 535-square metres of leasehold land in the heart of Balangan area and 50-square meters of each apartment unit building size. A hidden gem strategically just 4-minutes walking distance from the enchanting Balangan Beach, with direct beach access and popular tourist destinations.
This apartment complex has ten units of apartment. Each apartment has 1 bedroom with ensuite bathrooms, enclosed living room and kitchen. Inside, you’ll find a semi-furnished space with a kitchen and dining table, and a cozy sunken living room. Outside, there is a refreshing shared pool surrounded by comfortable environment and a cozy place to hang out.
This 1 Bedroom apartment unit is being offered with a 25-years leasehold title for IDR 1.615.000.000 (approx. USD 99,000). The villas is expected to be completed in August 2024.
This apartments complex has 10 units, only 5 units has left! So grab yours and get in touch today for more details!
Find out MoreTwo Bedrooms Villa with Five Minutes Riding to the Balangan Beach
Located in Balangan, with a beautiful 5 minutes riding to the amazing sunset Balangan beach. Only 1 minutes away from the supermarket, shops, and cafe.
This 2-bedroom off-plan villa sits on 142-square metres of leasehold land in the heart of Balangan area and 70-square meters of building size. A hidden gem strategically just 5-minutes from the enchanting Balangan 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 sunken living room. 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 20-year leasehold title for IDR 2.262.000.000 (approx. USD 139,000). The villas is expected to be completed in November 2024.
This villa complex has 7 units, only 2 units has left! So grab yours and get in touch today for more details!
Find out MoreTwo Bedroom Leasehold Villa in Nyangnyang, Uluwatu
This high-end modern villa, comprising two units of two-bedroom villas, is perfect as your second home in Bali or as an investment. It’s just a short 5-minute drive from the pristine shores of Nyang Nyang Beach, with completion expected around June 2025.
The villa features an open-p​​lan living area that seamlessly connects to the outdoor space. A large picture window behind the sleek sectional sofa floods the space with natural light and offers tranquil views of the private swimming pool. Large glass doors open onto a flagstone patio, furnished with a comfortable woven dining set and plush lounge chairs by the pool. Green landscaping surrounds the house and pool, creating a true indoor-outdoor oasis.
The modern kitchen is equipped with an island in the center, which includes a sink and cooktop, and pendant lights hanging from the ceiling above. Stainless steel appliances, including a refrigerator, are against the back wall. Light-colored wooden cabinets line two walls, with dark countertops, and windows above the cabinets allowing for natural light.
On the second floor, there are two bedrooms. One bedroom features an ensuite bathroom, while the master bedroom includes an ensuite bathroom with a bathtub. Additionally, there is rooftop access, creating a perfect place for sunbathing or sunsets. Furniture can be added at an extra cost upon request.
Types of Villas
Villa #1 & Villa #2
- Land Size: 150 m²
- Build Size: 120 m²
- Asking Price: USD 199,000
Lease Expiry: June 2049
The property includes private parking for one car and multiple bikes.
Contact us for more information and secure your spot before it’s gone!
Find out MoreIn 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.