Get your own Villa in Bali

A new newsletter focused on individuals who want to live the Bali Dream

Hello once again. As most of you know, I’ve been trying for almost four years to get a retirement community off of the ground here in Bali. It’s not happening yet, but in the meantime I can help those who want to get their own place. Whether for part of full-time use, or as an investment — or a combination of the two.

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Here’s what the first newsletter looks like:

Hello from Neill

Thank you for filling out the “Get your own Villa in Bali” form. This email list will be more focused on the opportunities around securing your own living space during your visits to Bali.

A majority of you are interested in both spending time in Bali and possibly making money renting a villa that you would buy or lease.

In order for you to understand the real estate market trends in Bali, please have a listen to this short Instagram video, as well as visit the REID real estate analysis website if you want more data.

I’ve been living in Bali for 7 years and every time I think that Bali is getting saturated with visitors, it just keeps on growing and getting good media coverage. Of course there are problems here, but in terms of real estate investing, it’s been more positive than I had imagined.

The next big issue for our group are the Visa questions. I recommend Bali Solve, based in Pererenan, but there are many agents who can help answer your questions. One of the simplest solutions is to come to Bali with a 60 day tourist visa, and Bali Solve will renew it for you 2 months at a time without you needing to visit the Immigration office (for approx. $285 AUD each renewal). There are also 180 day visas which are also worth pursuing. For full-time expat living there are several options, so make an appointment to have a phone call with an agent. Here’s another agent that many Australians use, Bali Legals.

In terms of buying a villa, unless you are going to use it 12 months a year you will need management. There are scores of management companies and my recommendation is to visit the ones closest to the property’s location.

There are also many developers selling entire packages (villa / apartment ownership plus management). Here’s a list of some of them.

Finally, a note about prefabs, which have been a personal favorite of mine for a while. The construction industry has not made the leaps and bounds with technology in comparison to other industries. However, the prefab module category is moving in some interesting directions. There are 2 main benefits: turn-around time to get a unit, and ease of installation.

In Bali the construction process is a unique mix of tradition methods (for example bamboo poles for supporting concrete floor pours), with some modern methods such as concrete trucks with hoses for larger pours. However, the main techniques are on the crude side, which is compensated by the price per square meter (probably about 1/3 of Australia - maybe even 1/4).

With prefabs the units are made in factories with modern methods, weather protection, etc. And the building site can be prepared during the same time period that your villa is being built in the factory. Finally, a prefab can be moved, so a leased property does not have the same consequence as building a standard house on a local landowner’s land.  

If you want to pursue that, please contact Andreas (click to email him below). He’s the sales manager at Escape Nomade, the best luxury tent builder in Bali (and possibly all of Asia). They are expanding into smaller sized prefab houses. Prices start at $95,000 USD.

Email Andreas

That’s about it for now.

Later,

Neill

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