Tag Archives: Bali

Top Real Estate Agencies in Bali: The Ultimate Guide

bali-real-estate-agents

Bali is one of the most visited resort islands in the world, even if Indonesian property regulations aren’t the most favorable to foreigners, many investors decide to buy properties here.

Despite its size, you can find a number of real estate agents in Bali, owned by locals and foreigners, but you rarely find summarized information about the agents. Therefore, I decided to write this article where I list some of the biggest and most popular real estate agencies in Bali.

Let’s have a look.

Introductory remark

The real estate agents are listed in a random order.

1. Ray White

Ray White is a leader in the Indonesian housing market. Founded in 1902 in Queensland, Australia, Ray White has expanded worldwide over the years. However, the group still remains family-owned and has passed on its leadership to the third generation leaders: Brian White and Paul White.

Brian White joined the company in 1962 after completing an economics degree in Queensland University and took over as the managing director in 1976. Prior joining the family business, his brother, Paul White worked in rural Queensland running cattle and grain property. He is now responsible for Ray White Rural for rural properties. The fourth generation leaders also serve on the board of directors.

In 2004, the Bali office was open in Kuta and now has 20 staffs. They cooperate with several developers to market their properties, such as The Rich Prada, TAUM Aston Seminyak, Legian Nirwana, New Kuta Condotel, and others.

In 2015, Ray White Kuta won the Favorite Bali Property Agency award from Rumah123.com.

Property types

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Buying Property in Bali: A Complete Guide

Suggestion: Watch the 5 minutes video tutorial before reading this article

Famously known for having some of the most beautiful beaches in the world, it’s not surprising why many foreigners decide to invest in a Bali property.

But there are regulations to foreign ownership that’s different compared to other countries in the region. It’s important that you know whether you’re even capable of buying property as a foreigner.

In this article, I explain the basics you need to know if you want to buy a property in Bali.

Bali property market

Bali receives a big chunk of foreign investors, mainly from Southeast Asia, China, Europe and Australia, but also locals.

Prices have increased massively the past 10-15 years, in fact, Bali is one of the places where the property market has performed the best in Asia:

a. Luxury property prices have increased 15% year-to-year

b. Price appreciations of vacant land have been the highest in the whole world

This has resulted in a stagnation in property prices. After years of a continuous uptrend, the market has cooled down.

Some other outspoken reasons why the Bali property market has stagnated are:

a. Problems with local infrastructure, for example, lack of clean water

b. Oversupply of property, due to lack of property regulations and zoning

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