Mate the rising damp is due to way Indonesian build. Instead of building formwork and laying a slab First with plastic roll out on the area and then the cement slab plastic stopping moisture n white ants . They do the brick walls straight on the ground and use them as formwork to do floor . Your brick walls should go on top off floor slab that's treated with plastic under slab
Thanks for sharing. I look forward to watching your journey as I would actually like to organize setting up a company in Indonesia. Hope to be making my second trip to Bali in March next year. Good luck with your journey.
Apparently making hoax videos about owning land in Bali. No details ... just we bought a villa. No land certificate...price... I saw Jesus Christ yesterday too .😄😄😄😄😄🤣🤣🤣
Have you covered all the legal aspect in regard to titels? As far as I know foreigners can't own property in Bali. Perhaps the rules have changed. I wish you luck. Bali is a wonderful place to live.
foreigners arent allowed to own land in indonesia. u need to be an indonesian permanently if u want to own lands. if ure however in the future no longer an indonesian, all ur lands will be owned by the country for its people. u can however buy a land and house or both or buy a land and build a home and then rent them or just use it urself if ure often visit indonesia for quite a long time.
@@majinboo6377 My mistake. I didn't realise you are Indonesian. I would love to live in Bali for a couple of months each year. I'm working towards this happening.
Apparently foreigners can't own without a KTAS visa & undergoing the necessary paperwork processes . Even then there is no guarantee. I've been told that I could take up to a 30yr lease, but legally can't own real estate unless I'm married into a local family. Maybe someone can confirm if that's correct
@@Coastmac2001 I would tread very carefully when dealing with buying property with an Indonesian appendage. Everything may be exciting and wonderful now but I have seen how things change very quickly. Don't make heartfelt decisions. You may comr to regret.
Awesome stuff legends! We're doing the same thing in Bingin right now, exciting to see other people who are doing the same thing! Hope your build goes smoothly, following along for the ride!
@@jonathanwalmsley8241 if you've had a bad experience it doesn't mean everyone else has too. My experience has been pleasant and professional all the way. Certainly noone has lied to me.
@@lexdan2022 Hi, I want to ask how if we buy property in Bali like a money transfer from America to Indonesia because Indonesian banks only receive 100 million per day and my wife is from Indonesia. Is there a more practical and legal way of not having to transfer back and forth?
Excellent, I look forward to hearing more about this as I'm hoping to do the same. It's always good to see how others tackle the red tape. Thanks for the content.
How did you manage to purchase it ? I've looked at purchasing units here & have been told that I could only take out a long term lease/s but would be unable to purchase any real estate .
@@peteiovene9177 a pretty massive one . I've got friends here that have married into balinese families & that's all fine, but wasn't aware that anyone without a KTAS visa or the necessary paperwork could actually purchase property here
Hey Steve, thanks for your concern. We have certainly covered all legal aspects of this, we have spent many weeks and months making sure everything is in place for this to come together and tick all the boxes. You can buy Property (not the land) if you have a Indonesian Company. We had to set up an Indonesian Company to be able to do this. So we own the Villa via but not the land, the land is owned by the village. I hope the makes some sense :)
Hello guys ! Did you really buy the land ? Because i know is not allowded, So if you did, can you Please let us know How It works ? And more details ? Thank you 🤩
I owned a 2 bed villa with pool in Ubud for 131k aud in 2013,I sold it in 2017 for 178k. It had 21 yrs left on the lease. I also had 85% occupancy whilst renting. It was a great investment.
Foreigner can buy land or houses in Indonesia with legally way using underlying of company not in person or an individual agreement, so basically they bought it with underlying of his company
Hey Patrick, so we are Australian Citizens. You can buy Property (not the land) if you have an Indonesian Company. We had to set up an Indonesian Company to be able to do this. So we own the Villa via but not the land, the land is owned by the village. I hope the makes some sense :)
Ouch buying at the highest point of Bali real estate pricing ever during the covid bubble, expecting ROI on the brink of one of the biggest economic downturns in recent history... but yeah go for it ;) PS . the green fields of Seseh will be gone faster than you can say Selamat Pagi - you are part of that with the new build villa.
Good luck. When I heard you say..under the table,I was 🙆♂️ a bit worried for you. I hope you have a lawyer overseeing the details. Indonesian people get court out as well. Anyway hope all is sweet 👍
Their many buying villa Bali Some critical advice for building control the money don't give money to contractors to go and pay for materials. Control the money pick one supplier for basic needs brick paint cement tiles timber etc . Pay the supplier direct . Also be on site everyday and watch their formulas for mixes cement /sand 'paint etc they have problems following it . With paint only add 10% water to drum If you let them do it they add up to 50% water you will be repainting in 12 month's. Plumbing buy the good quality fittings it will cost more but save you money in long run . The cheap fittings taps shower heads toilet inlets valves are plastic they are crap you will replacing them every six months.
@@peteiovene9177 Yea it's common in Bali if just give lump sum to contractors they will over order and the excess ends up on their own rumah or another job . And if you use their supplier it's common scam they have deal with supplier to mark everything up and they go back later for cut . I've been here 40 years and seen many scams . Always control the money they are experts at looking you in the eye acting like your best friend and agreeing to everything you say n want than walking off a doing what profits them . And foreigners who employ a contractor and go back to their country and just send him money and instructions are fools . If you build in Bali be here on site everyday day they where taught how to build by the Dutch decades ago to old standards n technology etc . As the president of Indonesia always says you must change your mental. And getting Indonesians to change and use updated modern methods is very very very hard I'm sorry to any Indonesian reading this but it's the truth
Yeh my Australian friend has leased a villa and the plumbing fittings are terrible. Some of the cheapest materials I have ever seen. He asked my to change some leaking isolation valves under the sink And the just snapped off with the threads left inside the fittings, total monkey metal 🤣🤦♂️And there's rising damp through out his villa all over the walls.
Foreigner can buy land or houses in Indonesia with legally way using underlying of company not in person or an individual agreement, so basically they bought it with underlying of his company
Since you can't actually fully own a villa in Bali, did you create a company or lease the land? A lot of Westerners believe that they can just buy property out right and that is not true.
Impossible to predict. After paying the village "fee" to get permission, most likely paying double for materials as they seem to be ignorant about building materials and costs. Trusting a local contractor is a license to steal, as he raises actual costs of cement,sand,bricks etc... Surely the workers are only trying to get it finished quickly to make the due date. Recipe for no quality
@@lexdan2022 I am saying this purely out of concern, not to be a troll, but you two seriously need to get better advice on a whole lot of things. I see red flags all over the place.
@@ekaputu8817 SAME!!! Literally was there last month and what they’re saying is completely off from what I asked. I am a home owner in the US and business owner. Quite a bit older than them and legally everything they’re saying is completely off. Smells like a duck walks like a duck 😢
@@lexdan2022 seriously guys. I've seen this happen over and over to so many people. Either you understand that you have paid money for a property on land you are leasing, or you don't understand what is legally possible in Indonesia. At the end of the land lease, the house is not yours. It goes back to the landowners. You do not own it. PT PMA or not. Please understand the reality. I obviously have no concept of what your longterm plans are, but so long as you understand you have paid money for a property for the term of the land lease only, and that technically you don't 'own' the house.
100% agree this is a lease not ownership. Who’s downsides to everything. I would suggest you guys do your due diligence, and at least share that in another video.
You are always bound to make many mistakes your first time around, especially when building a house (and in Bali, defiantly not like Australia) we know we will come across many fix ups, but this is how we will learn and know for future experience. This is just part of the journey and it is all new and exciting :)
@@lexdan2022 expensive way to learn I own property I'm bali and I laugh and these blogger things when they come up on feeds...ye have no technical background no construction background that's hard earned cash ye are pissin away trying to tell people it's fun....ROI in bali was good most place have been swapmed so not so true right now....but keep up the work it's fun to watch people throw money away
@@paulc9848 true, ROI buying now will suck - we are at the peak of an overpriced post Covid bubble - prices are nowhere in the space of reality right now (i have lived here for years and am in the housing and business market so have an inkling too). Interested how they intend to get ROI - if its short term rental , then they will be unhappy to learn they cannot legally short term let with a PMA unless over something like 10 bedrooms (small hotel). Cant get a pondok wisata licence as a foreign company - so how i on earth would you provide your annual accounts report and tax, where would the income be coming from.
Lol you dont BUY nothing, its leasehold, so its not really yours, you just rent for few years but you will lose everything after the end of this period
you can just set up a small company in bali under PT. PMA (foreign investment company), like maybe a small juice bar perhaps, and you can own the land + building 100% under your ownership. It also cheaper than renting the land for 25years and renew it again.
@@lexdan2022 thats not knowledge or even logical. Venues like Finns,an Australian owned business, lease their land. Do you believe they own it??? Any of the major nightclubs can only lease unless Indonesian citizens
worst poor advice i ever saw. You cannot open a small company with a PMA. You need 10 billion IDR investment and there are certain business which are closed off to foreigners. Where would you invest 10 billion in a juice bar? Also if you set up a PMA there is no PMA which is allowed to run a short term holiday rental business in their own "owned" properties. You can set up a real estate biz and rent out yearly or sell on, but that is is.
