Buying property in Bali, Indonesia for foreigners in 2024
Bali is a popular tourist and property investment destination due to its picturesque landscapes and rich culture. This article examines the process of buying property in Bali, including the options available to foreign investors.
Bali Property Buying Process
- Property Selection (1–2 days). A wide selection of hotel flats, flats in residential complexes, and coastal villas is available for your consideration. Tranio offers a comprehensive range of properties in popular tourist areas.
- Payment Options (full payment or installments). The customer may select the optimal method of payment: either make a full payment upfront or choose to pay over several installments. This latter option allows the customer greater convenience and affordability.
- Object Reservation (5–10% of the value). Once an object has been carefully selected, the buyer makes a reserve payment, thereby confirming their choice and commencing the registration process.
- Memorandum of Understanding (MOU) Agreement. A Memorandum of Understanding is a legally binding document that is signed by the buyer and the seller to formalise the general agreement and intentions for the next steps in the transaction. The buyer is typically required to pay a deposit, which gives them the right to reserve the property of their choice. The conclusion of the Memorandum of Understanding (MOU) is an important step in the property buying process in Indonesia, as it indicates the client’s readiness to proceed with the purchase.
- Payment. The buyer is at liberty to select the most convenient method of payment, whether that be a traditional bank transfer or a payment in cryptocurrency. The full amount is to be paid in advance, or a down payment is to be made in the case of payment in installments.
- Notary Registration of the Agreement (after full payment). Upon completion of all stages of payment, a contract of sale is concluded and registered with a notary for registration of ownership.
- Title Deed Acquisition. At this stage, the Title Deed is issued, an official document confirming the client’s ownership of the property in Indonesia.
- Key Transfer. The transaction is completed by handing over the keys to the new owner of the property.
From $299,000
Completion in: 2026.I Total of 44 apartments
From $85,000
Completion in: 2025.IV 33 units in total
From $82,000
Completion in: 2025.I Total of 18 apartments
From $145,000
Yield 12.0% Completion in: 2025.I
From $160,000
Completion in: 2025.II Total of 50 apartments
From $90,000
Yield 11.0% Completion in: 2026.III
From $110,000
Completion in: 2025.II 40 units in total
Forms of Land Tenure in Bali
Hak Sewa (standard leasehold)
Term: 25 to 30 years.
Hak Sewa is a standard leasehold agreement that grants the right to own the property for a limited period of time. The investor enters into a standard leasehold agreement directly with the owner.
From $299,000
Completion in: 2026.I Total of 44 apartments
From $85,000
Completion in: 2025.IV 33 units in total
From $82,000
Completion in: 2025.I Total of 18 apartments
From $145,000
Yield 12.0% Completion in: 2025.I
From $90,000
Yield 11.0% Completion in: 2026.III
From $309,000
Yield 16.0% 51 units in total
From $139,000
Completion in: 2025.I Total of 250 apartments
Hak Pakai (right to use)
Term: 80 years (30 years + 20 years + 30 years).
The Hak Pakai tenure grants the right to own property for a longer period of time, typically 30 years, with the potential for two extensions: a further 20 years and, then, another 30 years, for a total of 80 years. This form of tenure provides investors with stability and longevity.
Under Indonesian law, foreigners are generally restricted from owning land. Foreigners cannot buy land in Bali as freehold (Hak Milik), but can acquire the right to build (Hak Guna Bangunan) or the right to use (Hak Pakai) under certain conditions.
Bali property ownership forms subject to property transfer tax:
- Hak Milik (freehold);
- Hak Guna Usaha (right of economic use);
- Hak Guna Bangunan (right to use buildings);
- Hak Pakai (general right of use);
- Hak Milik atas Satuan Rumah Susun (ownership of condominium units);
- Hak Pengelolaan (right of management).
From $85,000
Completion in: 2025.IV 33 units in total
From $90,000
Yield 11.0% Completion in: 2026.III
From $110,000
Completion in: 2025.II 40 units in total
From $309,000
Yield 16.0% 51 units in total
From $123,000
Completion in: 2025.IV 48 units in total
From $109,000
Completion in: 2025.III 38 units in total
$390,000
Total area 100 m² 1 bedroom
Bali Property Buying Formalities
To complete the purchase of a property in Bali, a buyer will require a passport valid for at least six months from the date of the purchase, or alternatively, a domestic passport accompanied by a notarized translation.
The entire transaction process can be completed remotely, with the investor’s physical presence on the island not required. Our expert team at Tranio is committed to making the buying process in Bali simple and convenient.
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Bali Property Prices by District
District | Medium price | Minimum price |
$160,000 | $110,000 | |
$300,000 | $232,000 | |
$318,000 | $72,000 (condo) $108,000 (villas) | |
$400,000 | $328,500 | |
$221,000 | $119,000 |
Property owners should be aware that owning a property does not automatically guarantee the right to stay in the country. It is therefore important to carefully review the requirements and procedures for obtaining the appropriate type of visa.
We aim to meet all your property-related needs on the island. Contact us to discuss your preferences and budget, and we will find the most suitable options fit for you and your request.
Contact Us
We recently spoke with Yulia Lobasheva, Head of Sales at Tranio Indonesia, to gain insight into the process of buying property in Bali.
FAQ on buying property in Bali
In the case of registration of the right of ownership or right of use, the taxes will be as follows: 2.5% of the value is paid by the seller, and 5% of the tax value of the object is paid by the buyer. When purchasing property in Bali, foreign owners also must pay 11% VAT as well as a 1% notary fee for processing the transaction.
There has been a marked increase in demand for rental properties in the Bali property market over the past year, with an average annual growth rate of 17–20%.
As of early 2024, for short-term rentals, we consider Changu and Berawa to be the most promising areas, while Bukit and Nu’anu are worth considering for long-term investments.
Foreign nationals are subject to restrictions on the form of ownership of property and land in Bali. Ownership is only available in the form of short- or long-term leasehold, with no unlimited ownership of properties (i.e., freehold).
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