Land in East-Bali

🇮🇩 East Bali land: coastal plots, rice terraces, volcanic-slope zoning near Amed

East-Bali is a stunning region of Bali, Indonesia, known for its breathtaking landscapes, rich culture, and thriving communities. Whether you are a private buyer seeking a serene escape or an investor interested in tapping into the promising real estate market, the area offers a variety of choices for purchasing land. The combination of beautiful beaches, temperate climate, and growing infrastructure makes East-Bali an attractive destination with a strong demand for land.

🌍 Characteristics of the City East-Bali

Located in the eastern part of Bali, East-Bali is characterized by its lush hills, panoramic coastlines, and vibrant local culture. The geography features diverse landscapes—from terraced rice paddies to volcanic mountains—creating an ideal environment for both residents and tourists. The climate is tropical, with average temperatures ranging from 24°C to 30°C, which fosters a vibrant outdoor lifestyle throughout the year.

Infrastructure is continuously improving, with developments in transportation, healthcare, and educational facilities. This growing infrastructure directly influences the demand for land. Key transport routes include the By-Pass Ngurah Rai and a network of local roads that connect East-Bali to other parts of the island, ensuring easy accessibility for residents and visitors alike.

The convergence of business and tourism zones—like Candidasa, Amlapura, and Karangasem—significantly enhances the land market’s appeal. These areas are bustling with cafes, boutiques, and resorts that cater to both locals and tourists. As such, lifestyle features such as wellness retreats, surf spots, and family-friendly amenities add to the demand for land, making East-Bali an excellent choice for buyers interested in both a haven for living and a robust rental market.

💸 Economy of East-Bali and Its Impact on Land Purchases

East-Bali’s economy is anchored by a thriving tourism sector, agriculture, and an increasing number of business enterprises. The region attracts millions of tourists each year, contributing significantly to local economic activities. In particular, tourist flows to East-Bali surged, creating a rising demand for rental properties and land suitable for development.

The tax burden in Indonesia is relatively low for real estate investments, which enhances East-Bali’s attractiveness for both locals and foreigners. Investors can expect a rental yield ranging from 6% to 10%, depending on property type and location. This, in turn, contributes to liquidity in the land market, encouraging buyers to look at land in East-Bali as a solid investment opportunity.

Additionally, with several initiatives from the local government aimed at boosting foreign investments, including streamlined processes and tax incentives, the economic landscape continues to evolve favorably. The enhanced business activity not only benefits established businesses but also creates new opportunities for those looking to own land in East-Bali.

💶 Land Prices in East-Bali

When considering the average price of land in East-Bali, it’s important to note that prices can significantly vary based on location and land size. Here’s a breakdown of typical land prices in different districts:

• Candidasa: Prices range from IDR 1.5 million to IDR 3.5 million per square meter, depending on proximity to the coastline.
• Amlapura: Offers land ranging from IDR 600,000 to IDR 1.8 million per square meter, suitable for residential and commercial developments.
• Karangasem: Prices are generally lower, ranging from IDR 800,000 to IDR 1.5 million per square meter, making it an attractive option for investors.

The market dynamics are largely driven by new developments in East-Bali. An increasing number of projects are under construction, offering a variety of land formats, including residential plots and commercial spaces. Demand trends indicate a strong interest in eco-friendly developments and luxury villas, particularly targeting foreign buyers.

🏙️ Key Districts to Buy Land in East-Bali

Choosing the right district in East-Bali for purchasing land is crucial for achieving your investment goals. Here are some prominent districts to consider:

• Candidasa: Known for its tourist appeal, proximity to the beach, and higher rental yields. The area has a mix of local and international restaurants, making it popular among foreign buyers.
• Amlapura: It features a more laid-back atmosphere and is famous for its cultural events. This district has significantly lower land prices, providing a good entry point for first-time buyers.
• Karangasem: Offers both coastal views and mountainous land. This area supports a variety of lifestyles, from beachfront living to rural retreats, appealing to both investors and buyers looking for a second home.

These districts boast well-established infrastructure, local amenities, and excellent transport connections, all of which contribute to their popularity among buyers.

🏗️ Leading Developers and Projects in East-Bali

When looking to buy land in East-Bali, it’s essential to consider reputable developers and their projects. Established names in the region include:

• Landmark Bali: Known for high-quality residential projects focusing on sustainability. They offer customizable land packages aimed at luxury villas.
• Bali Property: A veteran in the market, this developer offers a variety of finished and off-plan homes, making them a versatile option for international buyers.
• Eco Bali: Focused on eco-friendly developments, they provide land packages ideal for those looking to create sustainable living spaces.

Each developer comes with different payment options, often with flexible installment plans that can meet differing budgets. Most projects are at varying stages of completion, ensuring that a range of choices is available for every type of buyer.

🏦 Mortgage and Installment Conditions for Foreigners in East-Bali

The process for obtaining a mortgage in Indonesia is challenging yet feasible for foreigners looking to buy land in East-Bali. Most banks catering to the expatriate community offer mortgage options with terms typically ranging from 5 to 20 years. The following conditions are generally applicable:

• Down Payment: Typically, a minimum of 30% of the property value is required as a down payment.
• Interest Rates: Expect rates ranging from 8% to 12%, depending on the bank and individual credit factors.
• Documentation: Foreign buyers need to provide identification, proof of income, and sometimes a guarantor.

Additionally, many developers offer attractive installment plans. These plans often allow for staggered payments over the construction period, with terms generally lasting between 12 to 24 months.

📜 Step-by-Step Process of Buying Land in East-Bali

Navigating the legal process of buying land in East-Bali involves several crucial steps to ensure a smooth transaction. Here’s a brief outline of the process:

1. Selection: Identify the desired location and type of land. Work with a local real estate agent to guide you through the options.
2. Reservation: Once you’ve selected a piece of land, a reservation fee is typically required to hold the property while due diligence is performed.
3. Due Diligence: Conduct a thorough background check on the land to ensure there are no encumbrances or ownership disputes.
4. Contract: Finalize a sale and purchase agreement with the seller, detailing all aspects of the transaction.
5. Payment: Complete the payment process as agreed upon in the contract.
6. Registration: Have the property officially registered with the local land office. Legal assistance from a notary is recommended for this process.

Buyers should also be aware of mandatory costs, which include notary fees, taxes, and transaction fees, usually totaling around 5% to 8% of the property price.

⚖️ Legal Aspects of Owning Land in East-Bali

Understanding the legal landscape is essential when buying land in East-Bali. Foreigners can own land under specific circumstances, typically through leasehold arrangements or by partnering with an Indonesian citizen for a freehold acquisition.

Key legal considerations include:

• Rental Rules: Complying with local regulations for rental properties if you plan to lease after purchase.
• Property Taxes: Generally lower for land investments, the tax rate is about 0.5% to 1% of the property's assessed value.
• Contract Registration: All agreements must be registered with local authorities to ensure legality.

Ownership of land does not automatically confer a residence permit or citizenship; further investment and adherence to immigration regulations may be required.

🏡 Purposes of Buying Land in East-Bali

East-Bali presents a wealth of opportunities for diverse property purposes, whether you are seeking a tranquil residence, a seasonal getaway, or an investment property. Buyers can consider:

• Living: Many expats and retirees frequent areas like Candidasa for year-round living.
• Investment: Areas with high rental demand, such as Amlapura, make excellent choices for investment purposes.
• Relocation: For those considering relocation or seasonal residences, districts like Karangasem offer a quieter lifestyle while still being close to tourist hotspots.

This flexibility in land use and potential yields makes purchasing land in East-Bali a strategic move for various buyer profiles.

With its burgeoning real estate market, East-Bali stands as a promising location for land investment in Indonesia. Combining favorable economic conditions, diverse property offerings, and a vibrant lifestyle, the potential for growth and profitability in this region continues to attract both local and international buyers.