Why Not Purchase Bali Real Estate And Move To Bali?

  Bali is an island in Indonesia which lies between the province of Java and Lombok. Bali has been a popular tourist destination for many years. Tourists from all around the world choose Bali as their vacation destination due to the rich culture and topography of this province. Bali is also referred to as the island of peace and tranquility.

Bali being an island, has been naturally blessed with beautiful pristine shorelines and clean beaches. It enjoys a sunny and warm weather for most of the year. This is why you can choose to fly to Bali anytime during the year and still enjoy enough sunshine to get a tan. There are all kinds of resorts and restaurants which offer traditional local delicacies. There is something for everybody here in Bali.

Bali is also known as the island of gods, which is due to the number of temples that you can find here. Most of these temples have been around since ancient times. Some temples have been carved out in the mountains and in rock formations. You will be awestruck by the beauty and grandeur of the temples seen in Bali.

Lately the Bali real estate market has witnessed a boom in sales together with an influx of tourists visiting the island all year round. Many people love the island that much and consequently decide to purchase property in the area. Buying Bali real estate is nothing short of securing your own piece of paradise. You need to be here in order to understand the beauty of the place. The photographs you see online do not do justice to the natural beauty found in this destination.

The real estate agents here are very friendly and professional as well. They are aware of the regulation and know the in's and out of the Bali real estate market. They would be your best bet if you wish to own property in Bali. Based on your needs they will advise and guide you in making the right purchase. They will ensure that all basic utilities such as water, electricity and broadband access are available for your convenience. As a foreigner they will also help you with the legal proceedings associated with owning property in this province.

Some of the most popular Bali real estate can be found on small hills that have rice fields sloping down towards the beachfront. You get an awesome view of the sparkling beach and the soft wind wafting through the rice fields. If you do not wish to live in Bali the entire year you can opt to rent your property to tourists or give the keys of your Bali home to family and friends who wish to take a break from the hustle bustle of city life. They will love the place and be grateful for the opportunity to spend time in a destination that many refer to as paradise on earth.

Whether you are looking for a nice vacation home or a permanent home where you and your family can relocate, Bali is worth considering. Bali has a lot to offer to real estate buyers, from white sand beaches to scenic gardens and parks. All these will sure entice you to stay longer and possibly live in this paradise.

Bali is, beyond doubt, a delightful place. Here you can access beautiful beaches, distinctive cultural experiences, a warm climate, and a full support of resident American communities. That is why more and more people are finding it sensible to buy real estate in Bali not only as a vacation home, but as a permanent residence.

Bali gives you the opportunity to create your own sanctuary. There are a lot of options available to you. Villas, mansion houses, hill houses, and even affordable houses are all available. There are a lot of housing options available in Bali for all types of budgets, ranging from $1,000-a-year, Balinese-style houses for rent to million dollar estates.

If you are not looking for a grand villa and just want to retire in the simple, uncomplicated Balinese lifestyle, there are very practical Bali real estate options for you. There are two-bedroom apartments in the $80,000 to $135,000 range. Cost of living is relatively low, too - you can easily hire household help for as low as $80 a month. A family of six can live comfortably on only about $1,500 a month.

Proceed with caution when buying Bali real estate properties, though, because many foreigners have been reported to have been cheated out of their money and land when purchasing Bali property. It is important to educate yourself about the laws, which have been slightly modified recently to protect and provide more choices to the foreigners who wish to buy or lease Bali real estate. Be sure to do your research about regulations of property acquisition.

In the twilight of the evening local people are gathering, fully dressed in the Balinese traditional clothes. The women carry offerings with fruit on their head as if they have no weight. The typical bewildering Balinese music can be heard from afar and makes one feel a part of a different world, a magical world. Tonight a 3 month old baby is about to undertake his first important ceremony, one out of 13 in his life. Only after three months and after this ceremony has taken place is a baby is allowed to touch the ground, as its status as a god will be changed to that of a human being.

These types of ceremonies and many more are taking place constantly all over Bali in a family temple or a village temple. The Balinese culture, religion and sense of community are part of daily life for young and old. Each family compound has its own temple. In total Bali has more then 10,000 temples.

As a foreigner one is puzzled how it all fits into a modern economy as we know it. Work stops, companies close and shopping streets are closed down when the Balinese have to participate in a ceremony. This magic is addictive; the friendliness of the Balinese people makes one feel like coming home. "I want to live here" is the first thing that comes to mind visiting Bali for the first time!

That is when the urge to own property in Bali starts or when investors see opportunities for their business. A foreigner or foreign company can not own property directly in Bali. However, there are a few alternative and safe solutions. One of them is the Nominee system. You "borrow" the name of a local person to buy property. The notary deeds make sure you can act as if it is your own property. The local person can not enter, sell, rent or touch the property at all. Living in Bali also requires a permit to stay. The Government offers several options all depending on your needs. Basically you need to apply or extend a permit once every year. If you want to work or set up a company in Bali get good legal advice to advise you what course to take.

Bali has suffered some disasters in the past few years but due to the resolute spirit of its people, it has recovered. Although it was feared the disco calamity would devastate the tourist industry it did not and the tourists soon came back. The tsunamis did not reach Bali at all. In 2004 the numbers of foreigners coming to Bali showed an all time record high. 2005 is showing similar improvement and a new record high is expected. For a third year in a row Bali has been awarded world's best holiday destination. Bali's indigenous population of just over 3 million welcomes around 1.5 million foreign tourists (figures for 2004-5).

For investors, corporate as well as private, Bali offers many opportunities in all areas. The capital growth shows an average increase of 20 % on land only. Not only properties represent a safe investment, rental properties can be very attractive and profitable. For hotel and resort operators and investors generally, a bright future is forecast if opportunities are taken advantage of now. Many long time owners of hospitality property are not able to match the increasing demands for higher quality and better service. Therefore they opt to sellhttps://www.penidaland.com/. Professional operators from all over the world are establishing their brands in Bali. They offer good training and solid positions to the local people. Staff who are happy in their position make guests feel more at home which can only have a positive effect on the business.

Bali is divided in more then 3500 Banjars. A Banjar is the name that describes a community district. The Banjar system is typical Balinese and has nothing to do with the government. Although the Banjar does not get a penny from the Government the Banjar as group has a very strong influence in local Government decisions. Every Balinese is obliged to join a Banjar. The "kalian" Banjar is the "head" of the Banjar. It is a quite elaborate social community system in which all members have duties and obligations towards the Banjar as a whole and towards the members individually. By its laws (named "adat Bali" (law of Bali) it teaches the younger ones how to respect each other and especially how to respect the older people. They learn how to work together to keep their district clean and well maintained.

When a person from the Banjar is getting married many men and women members will come to help to prepare the wedding. When the wedding takes place everyone in the Banjar district is expected to come. Also the youngsters must make an appearance. The basic wedding presents are also well known to everyone. Each visitor brings at least 2 kilos of rice and 2 kilos of sugar. More or a different gift is allowed but it's expected to have a higher value such as coffee or plain money. After the wedding the couple sells almost all back to the local shop (warung) and uses the money to buy something useful. As usual, knowledge of how the system works is vital to assist you in the best way to handle situations like these.

For example, buying a rice field land to build a villa is simple. Getting permission to build a villa from the government also is simple. But . then there is the local village leader in charge for the water irrigation system who can undo all permits by claiming the water flow will be interrupted once a building is blocking the system. Then you own a piece of land without real value and the only thing you can do is start a rice business! Another example, in Bali with its many Temples (family temples and community temples) there are different rules. For each temple there is an area set back with different specifications. You can buy a nice piece of land close to a temple but then it's not certain you'll get a building permit. Your building could be blocking the view of the gods towards the Temple. Balinese are rightly, very serious about these issues!

There are many ways to work around these obstacles or to get things settled before buying property. It is very important to seek local professional advice about these and all other business matters.