Good video....I like that you were honest about freehold not being an option for foreigners.....some people peddle that falsehood to try to entice buyers.

Thanks for sharing this! look forward to the next one.

very good explanation/definitions. good to know. thank you!

Thank you for being concise!

@propertiabalirealestate

2 жыл бұрын

Thanks Kylan! We try our best : )

We all need this information!

@propertiabalirealestate

2 жыл бұрын

Indeed!

Thank you for the video. When you say : “people are USUALLY “ able to extend lease on their property, what is the “usual” amount of property owners (50%, 75%, 95% etc) that are actually able do it and is there more money 💰 involved? Thanks again!

@propertiabalirealestate

2 жыл бұрын

Hi Barbara Trevor here. I'll have to check on the exact numbers but it's quite common, however also know how to work with the owners. The money paid to extend is based on industry appraisal rates (meaning the owner can't just set an arbitrary inflated price).

@Mark-ft8yx

2 жыл бұрын

I believe that you would want o hav it in your lease agreement that you have the right to extend at the revolution rate of the period to come. Double check this, it's all online somewhere.

Thank you 🙏🏻

@propertiabalirealestate

2 жыл бұрын

Any time!

Thank you for sharing

@propertiabalirealestate

8 ай бұрын

Thank you so much for watching!

💯💯

and I love the whoops!!

Could you just give me a rough estimate how much it would cost for a two-bedroom Villa with private pool nothing to extravagant would like just a rough estimate

So the only real option for owner occupiers is freehold? I can't see the logic in laying down $500,000USD or more for a leasehold property, where you own no asset at the end of the term. You'd be better off buying an investment property worth $500,000USD in your home country, generating $500 in weekly rent, using that to rent a villa in Bali, all the while still owning your income generating investment back home. Or is there something I'm misunderstanding?

@propertiabalirealestate

2 жыл бұрын

Bali is by far one of the top areas in the world when it comes to ROI. A 500.000 USD property is normally generating between 60-80.000 USD in revenues and when deducting expenses and low taxes you will have a higher NET income than many other areas in the world. Remember you are only extending the land when extending. As mentioned a Bali property is normally breaking even with in 4-6 years 👍🏻

@propertiabalirealestate

2 жыл бұрын

Hey Thomas Trevor here really appreciate this input. 100% valid questions actually have been working on an investment guide need to get out there.. going to write out a few notes hopefully can clarify further! 🙂 BALI & PROPERTIA Obv Bali is high-demand BUT also has unique housing - no place in the world known for villas like Bali. Huge difference in pricing between prime locations vs others. We work with high demand Canggu & surrounding locations; you can def get incredible properties for cheaper elsewhere on the island. Prices for villas & land comparable to prime Cali real estate is about 1/10 the cost. PROPERTY OPTIONS & CLARIFICATIONS (nutshell) - Freehold: Can be done by Indonesians; Foreigner with Indo biz entities (requires big money investment into Indo like USD $600k+ as well as process) - Leasehold: Leasing a freehold property long term (typically 25-30 years). Investment by anyone. Can extend if owner agrees (at any time - even a couple years after leasing..). Can sell any time. Can use property however you like - daily income property etc. Extension is paid at industry property appraisal value (NOT owner's desired value). - Annual Rentals: Primarily offered by Leasehold owners. Typically paid up front. VERY hard to find currently... If you want preferred style + popular location likely must invest in Leasehold or rent AirBnbs daily.. - Daily Rentals (AirBnb): Offered by Leasehold owners OR Annual Rental investors (if arrange agreeement with Leasehold owner). Command good prices in popular locations because...Bali + Instagram. :D So bit tricky to do monthly US rental income to offset monthly Bali cost due to limited options + money typically required up front.. Indonesia has the rules to protect ownership rights for Indonesians. If it wasn't this way though would prob be the Bali-Crypto.com-Pepsi Island Experience right? ha. Hope this helps and happy to answer further questions!

Can you sell the property at any point? What happens to the property if the landowner decides not to extend the lease. Does the property become theirs?

@propertiabalirealestate

2 жыл бұрын

Dear Tamatha. Thank you for your question. Basically we don’t sell any leasehold lands or properties with out a extension possibility. We have sold a few but it was also reflected in the price and very often compared to a rental property. You are more than welcome to reach out to us at contact@propertiabali.com

@tamathacookphr-cashrm-cp9907

2 жыл бұрын

If I decide to sell the property does the land owner have say in who I sell it too. I understand they would need to extend the lease.

Good video

@propertiabalirealestate

2 жыл бұрын

Thanks this is quite appreciated 😄

A nice villa could run $400k. Seems like this investment is at risk with leasehold. At the end of the term, the property AND the $400k of improvements could revert back to the land owner. Isn’t this correct?

@propertiabalirealestate

2 жыл бұрын

Great question and thanks for asking this! It's important with leasehold deals (that you want to solidify for long term beyond the initial leasehold duration) is making sure you have a relationship or agreement with the land owners and we help facilitate this process. You're correct that by law if an extension isn't agreed upon then the property reverts back to the land owner. However, to clarify, as you propose a villa of $400k this would include the building as well as land (let's assume here no improvements needed for villa renovations) for the leasehold duration. There's often the possibility to do a land extension at any time (subjective to land owner); you don't need to wait 25-30 years before paying for land extension. It does require some different math vs conventional real estate in other places of the world, but there's plenty of profit to be made and we're happy to answer any questions for further clarification! The best way to get in touch is direct through our website via our WhatsApp widget at propertiabali.com 🙏

For leasehold contact can you have any guarantee that the ownar named one freehold contract will not selling or kick you out from property where you will investment payments taxes and maintain the good of the place etc? After the period expires the owner can't offer us the guaranteed that will extend another period? Can you offer more details legally 🙏 I leave in Indonesia my GF is from here but we ar not married bcs i have a status and i can't get the divorce....

@propertiabalirealestate

Жыл бұрын

We'd be happy to chat directly about further details - best way to get in touch is via our website at propertiabali.com. For leasehold you own the rights to the land and typically can manipulate the properly however you please within the zoning rights. Regarding extension, it's about the relationship with the land owner and often you can extend the contract in an agreement at any time if the owner is willing.

❤❤

Hi Trevor, Are you affiliated with Balitecture?

@trevorhawley1237

2 жыл бұрын

Hi Jennifer. Not currently

Is it similar to the states with down payments ?

@propertiabalirealestate

3 ай бұрын

Hey, thank you for joining our video. For further information regarding Bali Real Estate, kindly contact us directly via our WhatsApp: wa.me/6281808887711 Thank you.

Hello how do we get in touch, I will be in Bali in November for a month.

@propertiabalirealestate

Жыл бұрын

Hi thanks for joining us! The best way to get in contact is directly via our website at propertiabali.com - we have a Whatsapp widget there for immediate chat. Hope you have a wonderful trip!

😍😍😍😍😍😍

@propertiabalirealestate

2 жыл бұрын

😁

Do you guys build aswell?

@propertiabalirealestate

2 жыл бұрын

Hi yes we also develop and have some exciting stuff in the works 😊 Best to contact us via our website for more info - propertiabali.com. Thanks for joining us here!

@keithmartell3971

2 жыл бұрын

@@propertiabalirealestate Thats good to know, choosing contractors and builders in Bali can be risky on your own, I have been stung once already.

Can a expat still buy freehold?

@propertiabalirealestate

Ай бұрын

Hey, thank you for joining our video. Kindly contact us directly via WhatsApp for further information regarding freehold terms: wa.me/6281808887711 😊

Where is your office. I would like to meet.

@propertiabalirealestate

8 ай бұрын

Hey, thank you for joining our video! Our main office is located in Berawa. Kindly check the link below: Jalan Pantai Berawa no. 41 maps.app.goo.gl/qewks8FAprrr3wd68