#balileasehold

[myangelan]

Escape to paradise 🌴✨ Discover this serene villa in Bali, where every sunrise feels like a dream and every sunset a masterpiece. Your tropical haven awaits! 

[excelbalirealestate]

Should Foreign Investors Buy Leasehold Property in Bali?

The island of Bali is one of the most popular tourist destinations in the world, and it is no wonder that many people are interested in investing in property here.

However, there are a few things to consider before making such an investment, and one of the most important is whether to buy a Bali leasehold villa or a Bali freehold property.

Leasehold property is owned by the lessee (the person who has leased the property from the owner) for a set period of time, usually between 20 and 30 years. The lease can be renewed for an additional period of time, but the lessee does not own the property outright. Freehold property, on the other hand, is owned outright by the purchaser and can be sold or passed down to heirs at any time.

So, which is the better option for foreign investors interested in Bali property?

There are pros and cons to both leasehold and freehold ownership, and it really depends on each individual's investment goals and objectives.

Some of the benefits of leasehold ownership include:

Leasehold properties are often cheaper than freehold properties, so they may be a more affordable option for investors on a budget.

The lease can be renewed after the initial period, so the investor can continue to enjoy the property for many years to come.

Leasehold ownership offers a certain amount of flexibility, as the investor is not tied to the property in the same way as someone who owns it outright.

However, there are also some disadvantages to leasehold ownership, such as:

The investor does not own the property outright and may have to give it up at the end of the lease period.

The investor may have to pay rent to the owner of the property, which may increase over time.

The investor may be subject to certain restrictions, such as not being able to make changes to the property without the owner's permission.

Ultimately, the decision of whether to buy leasehold or freehold property in Bali depends on the investor's individual goals and objectives.

Those who are looking for a more affordable option or who are not interested in owning property outright may prefer leasehold ownership