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PROPERTY TIPS
Property Regulations:
How Foreigners can own land or
   other properties in Bali?
A Brief Guide for Foreigners or
   Overseas Buyers.
Nominee:
Our Advise for purchasing land
   or other properties in Bali.

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Compound Villas for Sale in Balangan Bali

Stay at CK Villas Balangan Bali

Property Rental and Management

Foreigners purchasing land in Bali, should protect their interests by putting the following documentation in place:

Please consult with the Notary in regard to the Hak Pakai option. Although this option is similar to a long term lease, it may suit your needs better than the use of a nominee.

If using a nominee, the following documents should signed with your nominee, prior to the purchase:
  1. Mortgage Agreement - Cost: 1% mortgage value for Notary; 1% of total mortgage value for BPN land affairs office.
  2. Power of Attorney - granting exclusive rights to Mortgager to release the Mortgage.
  3. Financial Loan Agreement.
  4. Power of Attorney for all rights to the land.
  5. Statement Letter - outlining proof of payment for the property.
  6. Statement of Indemnity (for nominee).
  7. Power of Attorney for IMB - authority for Building Permit.
  8. Statement Letter - No second mortgage.
  9. Lease Agreement - granting the purchaser 25 years lease plus an automatic extension of 25 years (added security) - Cost: 1% of lease value.
If you need help or have any question regarding owning property in Bali, please do not hesitate to contact us.

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