These tips are summarized from free e-book that Elite Havens launched in their official site and I put some of my ideas and thoughts inside. I try to make it shorten so it is easy for you to get the whole image. But for sure if you would like to read the whole hints please visit Elite Havens official site.

These tips are not only for overseas investors but also for local investors for there are points to consider when you decide to make investment property in Bali. OK let’s see the points.

Number 1

IT IS IMPORTANT TO UNDERSTAND YOUR MOTIVATION BUYING

The question is, is it just lifestyle or investment. Make your point.

Number 2

UNDERSTAND THE IMPORTANCE OF LOCATION

If it is just for lifestyle then you are free to choose any location as long as there are road to reach your land location. But if you would like to make better income from rental scheme then choosing area near to restaurant, nightlife, and shopping area is the targeted point. This is good around Seminyak and Kerobokan.

Number 3

BUILD THE PROPERTY YOURSELF OR NOT?

If the point to build is for investment then when you build the property yourself (means use service of local architect and builder) the size and type of place are consideration for rental program. These points are valued by appearance, size, functionality, features, and then next are quality staffing and price. Another option is to build two or more smaller houses in one plot of land with separated garden, access, and also pool. These will give you greater rental and flexibility of use of the owner. You could also build a ‘destination’ villa which is far from town in large area with food and beverage service itself. This kind of property could be used as wedding party, certain parties or any event. That is why it is very important for you to consult with professional property management to determine proper service facilities, market appeal, and tweaks that can make both as great vacation hoe as well as great investment. After this phase then meet professional architect and builder to make it true.

Number 4

CONSIDER TO BUILD VILLA ESTATE THAN SINGLE VILLA

It means building villa complex which share certain facilities and service in common, such as room service, car parking, restaurant, housekeeping, maintenance and recreational amenities. Usually this is operated by well-known hotel management.

Number 5

BETTER INFORMED WHAT IS INVOLVED IF BUYING ‘OFF THE PLAN’ PROPERTIES

Most new properties in Bali offered as ‘off the plan’ investment properties, which means you buy property which is not built yet and your payment will be the fund for constructing the building. The amount is according to the agreement phase by phase based on the percentage of the construction. In this case you have to really choose reliable developer and contractor for international quality. And also make certain that both developer and contractor meet their tax obligations before settlement.

Number 6, read more on next article

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