Tips for buying a property in Bali

Bali Top Property will gladly assist your A – Z steps and assure you in getting your right property investment.

1. Decide what you want
   a. For your own use.
   b. Purely for property investment.
   
   
2. Give sufficient information to your Property Advisor if you would like the property for your own use
   a. Preferred area.
   b. How much you would like to pay (budget range).
   c. When you will need the property.
   d. The details of the property, such as but not limited to:
   - Land approx. area
   - Built approx. area
   - Certain rooms you would require
   
   If you decide that this is purely for your investment, ask your Property Advisor what they have to offer.
   a. Land
   - The access road must be clear, if it is on the main road, no questions; if it is a shared road then there should be legal documents supporting that
   - The track record of the capital appreciation within the area
   - Land zoning must be clear (this is stated on the certificate)
   b. Building
   - Property management must be there
   - If the offer comes with guaranteed Return On Investment, make sure it is part of the agreement and legalized by the public notary
   
   
3. Visit and inspect the properties that suit your requirements.
   
   
4. Decide which one you will buy.
   
   
5. Place your booking fee to secure that selected property and ask for the copies of the applicable supporting legal documents:
   a. Certificate / Land Title (freehold)
   b. Road statement, when the road is to be shared with other adjoining properties
   c. IMB / Building Permit, if it is a building
   
   
6. Choose your public notary and set a date when you would like to sign the Deed of Sales / lease agreement. Before the signing agreement take place, we will provide you the draft Deed of Sales (freehold) or Lease agreement (leasehold).
   
   
7. The deed signing at the notary, during then all original documents must be presented.
   a. Certificate
   The notary will check the originality of the certificate before the signing takes place.
   b. Road Statement
   This document will be attached to the Deed of Sales or The Lease Agreement.
   c. Receipt of PBB (land and building tax)
   d. The owner or lessor shall pay for all tax before it is transfer to you
   e. IMB (Building Permit)
   It must be available when you are buying a property other than land
   f. Receipt of all other bills (electricity, water and phone)
   g. Payment Receipts
   Your Property Advisor will also be present to assist you and making sure all required documents are available.
   
   
8. Property Handover
   Your Property Advisor will assist you in doing proper property handover between the previous owner or lesser to you. This is applied to all property other than land.