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Bali, the most famous Indonesian island, has become a popular destination not only for tourists but also for those looking to invest or live long-term. This exotic paradise offers beautiful beaches, unique culture, rich history, stunning nature, and a friendly environment for foreign visitors. Whether you plan to buy a property in Bali as an investment or as a second home, we will provide you with the basic information that will guide you on your buying journey.
Bali is located in the Indian Ocean, just a few hours' flight from Australia and about 8 hours from Europe. This tropical island boasts not only breathtaking beaches and surfing spots but also mountains, rice terraces, temples, and a rich local culture. Some of the most visited towns and areas include Ubud, the center of culture and art, Seminyak, known for its luxurious resorts and boutiques, and Canggu, which has become a hub for digital nomads and younger tourists.
Do I need a visa for Bali?
Slovak citizens need a visa when entering Indonesia. For short-term stays (up to 30 days), a Visa on Arrival can be obtained at the airport, which is valid for 30 days and can be extended once for an additional 30 days. For longer stays (over 60 days), you must apply for a visa in advance at the Indonesian embassy or consulate. Different visa types have various requirements, so we recommend consulting the specific conditions if you plan to stay in Bali for a longer period. We can assist you to ensure the process is smooth and uncomplicated.
What is the procedure if I am interested in buying property in Bali?
Indonesian laws restrict direct land ownership by foreign nationals, but there are several options through which foreign investors can acquire properties in Bali:
Long-Term Land Lease (Leasehold):
Foreign buyers can acquire property in Bali through a long-term land lease for periods ranging from 25 to 99 years. This allows investors to control the property without having to own the land.
Setting up an Indonesian Company (PT PMA):
Foreign investors can set up a local company, known as a PT PMA (Foreign-Owned Company), which can legally own property. The company can acquire property as a legal entity, but the buyer must meet certain conditions, such as minimum capital and company registration. This model is popular among larger investors who are interested in commercial properties, such as hotels, resorts, or apartment complexes.
Types of Properties in Bali
Bali offers a wide range of properties that can be attractive to foreign clients, from luxurious villas to commercial investments. Some of the most popular types of properties are:
Luxury Villas and Resorts
Bali is known for its breathtaking luxury villas and resorts. These properties offer perfect comfort, stunning views of the ocean or mountains, and natural surroundings. These villas are often built in areas such as Seminyak, Ubud, or Jimbaran. For foreign investors, the advantage is that many of these villas can be used for short-term tourist rentals, making them very attractive investments.
Apartments and Flats
Apartment complexes are popular in cities like Kuta, Legian, Canggu, and Sanur. Foreign investors can purchase these properties as short-term rental investments or long-term rentals.
Commercial Properties
Bali is also a great place to invest in commercial properties such as hotels, cafes, restaurants, and retail spaces, especially in tourist areas. Many foreign entrepreneurs in the hospitality or tourism industry are looking for opportunities to expand their businesses in Bali, making this sector particularly strong.
Land
For those looking for long-term investments or planning custom construction, Bali also offers various land options. Most foreign buyers opt for leasehold (long-term lease), which provides flexibility and control over the property.
Who will take care of renting my investment property in Bali?
If you decide to invest in property in Bali, you can rely on our comprehensive care for your investment. Our experts will take care of renting your investment properties and ensure that your property is fully utilized throughout the year. We will help you manage both short-term and long-term rentals to maximize the return on your investment. The estate operator will handle administrative and operational matters, so you can fully focus on other aspects of your life or business. With our support, your investment in Bali will run smoothly and without unnecessary complications.
