Having an apartment in Bali is a dream come true for many people yet a budget-friendly one. Bali is well known for its stunning beaches, lush jungles, and relaxed lifestyle. It’s no wonder that so many people want to call this paradise home.
If you’re thinking of investing in Bali apartments, Harcourts Purba prepared these top-3 most promising apartment complexes in Bali. They are being built right now, which means a cheaper price, and are located in the biggest tourist areas, right next to the beaches, cafes, and entertainment precincts.
Apartments remain one of the most affordable property types in Bali yet offer great investment opportunities – an average of 8% returns on investments.
A foreigner can buy an apartment in Bali and will have two options: to buy it under a leasehold contract (Hak Sewa) for 25+ years or under a freehold contract (Hak Milik) for 75-100 years. Both options are renewable and totally safe.
When you’re buying a unit in Bali, you can also acquire a Right of Strata Title. This ownership allows foreigners to own an apartment without owning the land or the whole property complex.
At Harcourts Purba, we manually preselected the best apartments available for sale in Bali both leasehold and freehold, as well as some off-plan apartments. The prices depend on areas, the duration of the lease, and the class of the apartment.
The pricing in 2022 starts from as low as USD 85,000 for a 1-bedroom off-plan apartment or USD 160,000 for an apartment within a resort facility.
However, premium apartments in the hottest areas can cost up to USD 500 000 – 700 000 and will include exclusive facilities, offer stunning views, and create a great investment portfolio or elevate the comfort of life significantly.
A cheaper way to buy an apartment is to invest in it at a very early stage – at the stage of concept and building. It is a so-called off-plan property when you have approved and sealed architectural plans and 3D images of the future apartment or house.
A property rises in value during construction and will cost a lot more once it’s done, as the developer has already invested time and money in it. It is now a smart choice among foreign investors to buy off-plan property for cheaper and see it rising in price every month.
You can find an apartment for sale in Bali, that will be built for you according to specified plans and has the all-necessary paperwork and permits, starting from USD 85 000. The construction will take up to 11-12 months but may as well be done in 5-6 months.
Berawa is one of the most developed parts of Bali with a focus on tourists and expats. Berawa beach is one of the to-go surf spots in Canggu but also has options for more relaxed pastimes – several top beach clubs are located here, including Finns VIP Beach Club. Of the biggest Indonesian day and night clubs – Holywings – will open its door in 2022 and it will be a huge commercial and entertainment center next to Berawa beach. It will become the largest venue in Bali.
Harcourts Purba Bali has a few off-plan apartments next to Berawa beach. From simple 1-2 bedroom flats to a luxurious penthouse. All are located in brand new apartment complexes with built-in storage and parking facilities, just a few hundred meters from the beach.
This fully furnished 2-bedroom 2-level apartment of 192m2 is available for a 108-year lease for around USD 550 000.
Another 2-bedroom apartment located in the heart of Berawa next to shops, supermarkets, and cafes, and a 5-min drive from the beach has a rooftop garden and BBQ lounge. It is available for a 36-year lease for around USD 220 000.
For those who are looking for a luxurious, one-of-a-kind apartment, there is a 400+ sq m penthouse available for sale in Berawa for slightly over USD 1 million. This penthouse has 3 bedrooms and an office, 5 bathrooms, and is located right next to the ocean offering amazing panoramic views of Bali.
Tranquil Pereranan has become popular among long-term residents – it has its own beach, peaceful streets with lots of cafes and coffee shops, a big coworking space, and beautiful rice field views.
There is an option to find an apartment for sale here for a very cheap price. If you’re comfortable waiting until the construction is done, a 2-bedroom penthouse with a rice paddies view can cost you under USD 200 000.
Another opportunity, even cheaper, is to buy an off-plan 1 bedroom loft apartment for as low as about USD 87 000 in Pererenan, which will be ready to move in in the 11 months from the moment of purchase.
Smart living has become a trend in many Western countries. In Bali, there is a brand new apartment complex selling fully furnished innovative apartments equipped with Smart Home Appliances.
The complex has an ocean and rice fields view, an indoor golf simulator, rooftop pool, fitness and yoga area, coworking space, kids playground, and spa. The prices are still very attractive and start from USD 160 000. And the annual returns are promised to be very high – 11-15.3% after deducting all expenses.
At Harcourts, we are keeping a close eye on several promising developments in Bali and are ready to help you choose your dream apartment for your stay in Bali or an apartment that will be your investment opportunity in a strategic location. Contact us today to discuss what Bali apartment is best for you.
Every 10 minutes, somebody buys a property with Harcourts.
We are among the world’s most respected real estate brands, with 900 offices across 9 countries. Our network of sellers, buyers and investors reaches far beyond the shores of Bali.
Trust the experts at Harcourts Purba Bali. If you are thinking of buying property in Bali, or if you have been trying to sell your villa, ask us what we can do for you!
These listings are hand-selected by us because they are extraordinary properties that are priced to sell. Some are exclusive Harcourts listings reserved for us and our clientele, while others were chosen because they are exquisitely designed or located in the most enviable locations.
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