duminică, 10 iulie 2016

Important Tips When Considering Investing In Bali Property

By Mary Moore


When you are looking at investment opportunities in homes for either vacations or living houses you should consider looking at the properties available in Bali. Investors are blown away by the various things that are available in this place like great real estate opportunities, gardens, scenic parks and sandy white beaches. You should ensure that you consider the following points before buying Bali property.

It is important to consider how close your property is to the temples in the area as there are regulations and law that stop the development of buildings in close proximity to temples. Despite the fact that there are actual houses and buildings next to the temples it is not advisable to take chances. You should consult the local government first in order to escape any issues in future.

The trees and crops that will be growing on the land you want to purchase will have to be established on their ownership. In Bali there are various crops and trees that may be growing on your land but you are not allowed to harvest their produce as there are various farmers who should do that. The most common crops are the coconuts and mango trees.

Building permits should be another important point that you should consider before making any plans to buy property anywhere in Bali. This is usually a statutory requirement for any building that is to be built in Indonesia and these permits are supposed to be prominently displayed. It is possible to start looking for the permits while still taking part in the sale negotiations.

Ensure that the house that you wish to buy is well connected to water systems and establish whether it will be from the system or a well or bore within the property. You should consider the amount of water to establish whether it will be enough. Electricity connection would be another important point to consider and you should consider whether it would be adequate.

It would be important to find a honest and reliable notary to handle your transaction in properties. It would be imperative if they are located in the same regency that these properties are located. Ensure that they handle every detail of the transactions over board.

The access roads that link your land to the main roads should also be considered too before purchasing the land to ensure that you will not be blocked from accessing it. Establish if they are owned by private persons or they are public to be informed. If they are privately owned then you should know the charges that you will have to pay in order to be allowed access to your land.

If you have any idea of a foreigner who has acquired any properties based in Bali then you ought to talk with them. There are some fees that are charged by some communities to newcomers and they cannot allow you to join them without paying these amounts. It is important to strive being part of the community as it is an area that is focused on community.




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