Luxury 2-Bedroom Leasehold Villa In Uluwatu

Property Details

Micro-market

Uluwatu

Configuration

2 BHK

Property Type

Villa

Built-up Area

1,432 sq ft

Status

Completed

Available Properties

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Inventory Type

Property Information

Legal Information

Indicative legal & tax information based on available documents; verify with your lawyer before transacting.

Occupancy Certificate

No

Fire NOC

No

Can you own this, and how?

Ownership rights depend on three things: the type of asset, where it sits, and who you are as a buyer. Here is the framework for this property, before you speak to a lawyer.

I am buying as:

Status

• Permitted, Hak Milik freehold

What you actually hold

• You hold Hak Milik, the strongest title in Indonesian law. It is perpetual, inheritable and can be mortgaged.

Key rules and restrictions

• Hak Milik is reserved for Indonesian citizens and a short list of approved legal entities.
• An Indonesian citizen who marries a foreigner without a prenuptial agreement can lose the ability to hold Hak Milik, because of the joint marital property rule.
• The certificate must be checked at the BPN office for pending disputes and mortgages.

Funds and process

• Remit in foreign currency to an Indonesian bank account and keep the transfer records. The deed is signed before a PPAT land deed officer and registered at the local BPN land office. Do not pay the seller directly before the PPAT check on the certificate is complete.

Taxes

• The buyer pays BPHTB land and building acquisition duty at 5% of the value above the regional threshold. The seller pays PPh final at 2.5% of the transfer value. Annual PBB land and building tax runs up to 0.5% of assessed value. VAT and luxury tax can apply on new build purchases from a developer. Round trip costs commonly land in the 9% to 14% range once notary and agent fees are counted.

Verify before you buy

• Have the PPAT run a certificate check at the BPN office before any deposit.
• Check the zoning permit for the intended use of the building.
• Confirm the building permit matches what is actually built.

Buyer orientation, not legal advice. Ownership rules change and turn on specifics. Confirm with a qualified lawyer in Indonesia before you commit.

Investment Information

Location

Uluwatu, Bali, Indonesia

• Airport: Ngurah Rai International Airport (DPS) - 20 km
• Highway: Jalan Uluwatu Raya - 1 km
• Hospital: BIMC Hospital Kuta - 18 km
• Grocery: Pepito Market Uluwatu - 3 km
• School: Montessori School Bali - 15 km

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