Do you want to be homeowners in Bali? As one of the most popular tourist destinations in the world, buying a property in Bali is surely beneficial, whether you buy it as home or investment. However, there are several things you have to consider when buying a property in Bali. Here are some tips that you can follow when purchasing one.
Check the Property Developer’s Track Record and Reputation
The first and foremost thing you have to do is checking the property developer’s track record and reputation, where you will buy a property from. Their track record gives you a picture of how well they do their work. See how well they do and finish their projects. Most professional and reputable property developers have official websites.
There, you can have a glimpse of their reputation and track record. You can also ask your acquaintances about the developer. Knowing their reputation and track record will be very helpful for determining if you should buy a property from them or not.
Next, consider the location of the property that you want to buy. If you mean it for investment, it is best to buy one located in tourist areas, such as Kuta, Seminyak, Uluwatu, Jimbarang, Ubud, Canggu, and Sanur. But note that the price of the property here must be so expensive since there will be a lot of tourists having trips to Bali, meaning you will likely have a huge profit.
But if you buy a property as a residence, you are suggested to buy one located near public facilities, such as hospitals, schools, train stations, bus stations, and so on.
Build Quality of the Property
You are highly suggested to know the design, material quality, and build quality of the property that you are going to buy in Bali. You surely do not want to buy one that will break down within 2 or 3 years, especially if you plan to live there. Check other properties in the area and see if they have good build quality or not.
Besides the location, you may also want to consider the neighbourhood where the property is located. In fact, the neighbourhood is one of the factors that affects the value of the property. Make sure the neighbourhood is safe from thefts, natural disasters, and other negative things. The neighbourhood is especially important to consider if you plan to buy a property near Bali beaches.
Those are some tips you can follow to buy a property and be one of the homeowners in Bali.