Real Estate in Bali, Indonesia
Last updated on Feb 20, 2023
Summary: The most desirable neighborhoods in Bali, Indonesia are Seminyak, Canggu, Ubud, Sanur, and Jimbaran. The average cost to buy a nice 2 bedroom home in Bali is around $200,000 USD, while a nice 3 bedroom home can cost around $400,000 USD. These properties typically include modern amenities such as air conditioning, swimming pools, and private gardens. Foreigners are allowed to own property in Bali, however, they are not allowed to own land. The best way for an expat to search for a home to buy in Bali is to use a real estate agent or search online for listings. It is also important to research the local laws and regulations regarding foreign ownership of property in Bali.
How do I find a place to live in Bali?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"To find a place to live in Bali, start by researching the different areas and neighborhoods to determine which one suits your needs and preferences. Popular areas for expats include Seminyak, Canggu, Ubud, and Sanur. Consider factors such as proximity to amenities, safety, and the type of community you want to be a part of. Next, set a budget for your accommodation. Bali offers a wide range of housing options, from budget-friendly guesthouses to luxury villas. Keep in mind that prices can vary significantly depending on the area and type of accommodation. Once you have a clear idea of your preferred location and budget, start searching for available properties. You can use online platforms such as Facebook groups, expat forums, and websites like Rumah, OLX, and Airbnb to find listings. Additionally, you can contact local real estate agents who can help you find suitable properties and negotiate rental agreements. When you find a property that interests you, arrange a viewing to inspect the condition of the place and ensure it meets your needs. During the viewing, ask about the terms of the rental agreement, including the duration of the lease, payment terms, and any additional fees or charges. Before signing a rental agreement, make sure to read it carefully and clarify any doubts or concerns with the landlord or agent. It's also a good idea to ask for a copy of the property owner's identification to ensure you're dealing with the legitimate owner. Finally, once you've found the perfect place to live in Bali, prepare the necessary documents and payments to secure the property. This may include providing a copy of your passport, paying a security deposit, and arranging for utilities and internet services," said one expat in Bali.
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About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.
Additional Information:
- Expat Guide to Bali
- Healthcare & Health Insurance in Bali
- Public Transportation in Bali
- Best Markets in Bali
- Retire in Bali Guide
- 7 Tips for Living in Bali
- Pros & Cons of Living in Bali
- Health Care in Bali
- Cost of Living in Bali
- Discover the Best of Bali
- Healthcare & Health Insurance in Indonesia
- Best Places to Live in Indonesia
- Pros & Cons of Living in Indonesia
- Health Insurance in Indonesia
- Pros and Cons of Living in Indonesia 2024
- 2024 Guide to Moving to Indonesia