HOW TO BUY A BALI VILLA (Things you MUST Know Before)

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[RosalindChristingfe]

Thank you for featuring Proopsy in one of your videos. I took your advice and contacted him for modular homes, and the house have been incredible. Paid slightly less than $29k, and now I’ve paid off my $129k 15 year loan in 8 months. Now totally debt free because I rent it out on Airbnb. Love having no debt for the last 5 months. Thank you Proopsy!

[mirwaisfana]

I dream to travel the world as a kid in Afghanistan. I had to leave Afghanistan because of the War and lost almost all my friends and family. I'm living in Germany as a refuge for 6 years now. Finally I'm allowed to travel and leave Germany. Working since 2020 to be able to travel and work online. If everything goes as planned I will Finally move to Bali at August this year. Thanks for inspiring me not to give up under any circumstances ❤

[msgenshindamien]

dude, bali is changing because of foreigners like you :)
don't be surprised if you don't find any ricefields, trees, lots of buildings, traffic, in the next 10 years.

[putrisekar]

Your enthusiasm is charming and sincerely wishing you all the luck. Surprise and not surprise me that foreigners really are still that naïve believing they can built their dream villa in Bali...without going slowly from hell to hell...and losing all their money on the way. Anyway too many words to say about this subject...as an expat 30yrs in Bali I have seen it, I have seen them, and I have done it.... two advises; 1) if you are a foreigner you will remain a foreigner...whatever visa you have. This is not your island. 2) in 2016 there were over 5000 land and house dispute cases in Bali courts...think about that. 3) if you have the money, find a villa to rent were you feel comfy and homey and only rent it per maximum 5 years, and just enjoy life in Bali instead of dragging yourself to hell and empty wallets. Also have to smile when I hear about "reliable people' in the building and land business in Bali hihihi...whether they are local or a foreigner, only 3 things they want: 1) your money 2) all your money 3) more money than you have. Everybody is your friend if you spread the word that you 'gonna built your dream villa'. Good Luck !

[ilhamrj]

As an Indonesian living in big metropolitan cities…. it is very uncommon to lease a land for living, we just straight buy and own the land instead. I dont know the lease of land is quite cheap in comparison with buying the actual land.

At first, I know that foreigners are not allowed to buy and own land here in Indonesia, though they can still rent and lease. And even if they are able to own land, it still needs to be done through Indonesian-based business entities. It means that you need to have a share in Indonesian companies, or you can create your own companies here in Indonesia. And to do that, there are extra regulations on how big of percengage the foreign ownership is allowed for certain business. In most cases, you will absolutely need to find Indonesian partner.

And even if you successfully own the company here in Indonesia, the legal entity allowed to buy the land is NOT YOUR individual NAME but Your company name instead. And you know if you own company which runs into some financial difficulties, the first asset to be seized by the court would be your company’s land.

Thats why in Indonesia, even the local company would not go as far as to own the land. They would just buy the lease instead.

As an Indonesian, we are used to astronomical land price . Thats why most of the new land owners (millenials and gen-z), they are only able to buy very small plot of land. Comparing that lease price for big chunk of land mentioned in this video, it is quite peanuts with the price I paid. to own land here in Tangerang Selatan Region,

[cristianlamb]

I have been visiting Bali since 2008 when I first moved to Surabaya.
During the period I lived in Indonesia (12 years to be exact) I might had visited the Island of Gods near 30x.

The reason this island is so fascinating is because of the strong Hindu culture, nature and lowback vibe.

I was away in Vietnam for 3 years during pandemic and able to visit Bali during Idul Fitri last May.
I simply loved it to drive and get stuck in traffic.
During 2 years of lockdowns, that was not the REAL BALI and I am more than happy Bali is back to normal.

However, most of the people (digital nomads) were living in a fantasy world during pandemic!
You feel rents are now too high?
Find a cheaper place or build your own house
You feel food is too expensive?
Change your menu or start farming and harvest your own food.
Too much traffic?
Dont use car or motorbike and start walking!

I strongly believe Bali needs a better control for its development.
Development is always necessary.
But we need a PLANNED DEVELOPMENT.

There way too many coffee shops, beach clubs and villas and definitely not enough roads or any other decent infracstructure to accomodate such fast growth.
Besides, this fast development is tottally unecessary because slowly Bali will lose his identity and will be filled with bules where majority will not be worrying about the island but purely in their own interests.

[MsSjaakvaak]

Christian, thanks again for another great video! I've been watching all of your videos ever since i started backing myself, 1 year after you travelled SEA, and it's been a great source of inspiration.

I just returned from almost a month on Bali and greatly enjoyed it, but also found myself struggling with a couple of things:
1 Infrastructure (traffic takes forever, few quiet places, few direct roads and everything looks messy and not very well maintained), 2 'westernisation' (all around Changu it's so fancy, few things feel foreign), 3 urban planning (even Denpasar, looks like a large collection of sheds, there's no real mainstreet anywhere in Bali, just lost of long streets with random shops and restaurant and a fancy shopping mall here and there).
definitely

[archiesethuofficial]

You are literally the only reason I’m heading over to Bali day after tomorrow. You create amazing videos portraying the beauty of bali. I’ve been following you from when you had 1000 followers. You’ve come a long way and can’t be more happier for you! Kuddos😍

[emeraldhand]

Please add balinese architecture element if you want to build new building so Bali will not lose the cultural identity and don't build in ricefields. And actually forigner can't really buy land or house in Indonesia.

[SheilaMaryleejk]

Last year, I invested $27k in Proopsy modular homes and made about $40k within the first year for renting it out—and it’s still growing. I’ve always been a strong advocate for pre fabricated homes because it’s been incredibly rewarding for me. Looking forward to achieving financial freedom soon. And by the way, awesome content, brother!

[Ivan-cmbz]

With my wife we bought a land and about to build a villa in Lombok, Mandalika. It should be the new upcoming destination pushed by the Government. Prices still, what Bali used to be 20years ago. Congrats on your project.

[Smiles.]

I just wanted to say i admire what you do, not only do you bring hope and insight, but you show me I don’t need to work a 9-5 to travel the world and enjoy my life. one day I’ll find a gig that’ll work for me!

[News.happenings.updates]

Back in the 90’s …I was working for a wealthy owner… We travelled to Bali every Friday - Sunday ( He has his own private plane) for a year
He had friends whom had Private Villas in Sanur.. Amazingly one by one started building their villas there…
Today Bali is not like then… less green…. More buildings..
You are lucky to own a villa in Nature now…. I hope more people will keep more green and sustainability for the future..

[bangkoja]

What you do with your money is you own business; however please keep in mind:
1) Gentrification is real and does affect the locals and ultimately the living cost in the area.
2) Please don't turn rice or farming fields and into villas and condos. So many negative impacts from this practice.
3) If you are considering building your own homes and villas, please insist on your contractor/architect to install a rain garden, dry well or infiltration trench to limit the stormwater discharge from your property.

[ondemandaquaworkouts]

I am building the same dream in Dominican Republic and I am few months behind you for sure. Supper happy for you! It is amazing to build a dream house in the paradise even if it is frustrating process ….

[Word]

Bali is great. I still have allot of exploring to do in Indonesia before reconsidering building a house on Bali. Imo Bali is for tourists and expats / nomads and Indonesia has so much more to offer.
If you want to build a life in Indonesia and only want to build a home to live in instead of renting it out. You can probably find way cheaper places in Indonesia.

[briannaduhig]

Appreciate your enthusiasm, but am concerned about your advice. Firstly, stop referring to it as "how to buy". Foreigners will never own freehold property in Bali (Indonesia), whether personal or company (PMA), it is LEASEHOLD only!

There's a big difference between freehold and leasehold. Freehold is not possible for foreigners, regardless of them having a foreign investment company (PMA) here or not, only leasehold is possible. For a private leasehold, it's technically only possible to foreigners that hold a resident permit, but yes, many notary will do it for you, but again, technically it is not legal. Please, DO NOT give such advice when you have no idea of the proper rules here. It's crazy, someone like you, with such a following on social media, promoting this nonsense!

To be clear, on a leasehold tax is the owner's responsibility to pay, not the lessee. Your prices per metre build cost are well above what's fair. The price you mention, US$28k for design alone, is crazy! But, I guess if it all works out for you in the end, and you are happy with it, OK then, good for you. But please, I wish you would be more clear that your advise is just a very lose guide. You wonder why prices are sky-rocketing in Bali, when foreigners so easily pay such inflated prices, of course crazy prices will become normal. Ironic how you are then so conscience of how Bali is becoming unaffordable for the locals, but then you are so willing to just agree to these silly prices yourself, out pricing most locals in the process!

[JojohnWick]

You need to consider road capacity especially Jalan Raya canggu. It's already crazy traffic. One thing stopping me from staying in Canggu is the traffic in and out of Canggu to Denpasar. Takes hours!

[janmaverickmiller]

You can also consider having a business in the Philippines.. There are some beach lots for sale that is really so cheap now but after a year or 2 it will be a great investment because the price will be tripple.. And also good to put up a resort or an apartment

[justsomeguywithsomemustard]

i suggest to always get your PBG before construction, otherwise you could run into much problem