Luxury Real Estate Blog and News
Indonesian nationals continue to give tremendous support for the resort residential market in Bali, as the popular island destination increasingly transforms itself into a multi-stop tourism hub.
One of Thailand’s leading hospitality operators Centara last week opened its first five-star villa resort on the southern tip of Nusa Dua ocean property in Bali, Indonesia.
Gapura Vista – a beautiful gated Residential Estate set in a tranquil cliff sanctuary. It is an intimate residential community with like-minded residents. Bali’s culture is on your doorstep with a 350 year old temple and direct access to cliff over a 5000 m2 pristine temple land.
Under Indonesian law, foreigners are not permitted to have real estate / property in Indonesia. However, foreign individuals can legally acquire real estate / property in Indonesia and enjoy full beneficial rights. Buyers should seek legal advice when securing property in Bali with the following options available:
Property analysts have estimated that private rented villas in Bali will continue to see low occupancy levels after a slight decrease of around 9 percent, during the first half of this year compared to last year, the Jakarta Post reported.