Comments on: Navigating Payments for Your Off-Plan Bali Villa: A Comprehensive Guide https://excelbali.com/navigating-payments-for-off-plan-bali-villa/ 20 Years of Bali Real Estate Experience Mon, 09 Dec 2024 10:04:33 +0000 hourly 1 https://wordpress.org/?v=6.8.3 By: admin https://excelbali.com/navigating-payments-for-off-plan-bali-villa/#comment-65 Mon, 09 Dec 2024 10:04:33 +0000 https://excelbali.com/?p=12818#comment-65 In reply to Dominika.

The timing for acquiring land ownership when purchasing an off-plan villa in Bali typically depends on the agreement between the buyer and the developer. However, it is generally advisable to secure ownership as early as possible—ideally at the start of construction or after a significant initial payment—through a binding agreement facilitated by a notary. This ensures your legal rights to the property are established and protects your investment.

If the property is leasehold, there will be no land ownership, as the land remains under the landlord’s ownership. Instead, you will have a lease agreement granting you the rights to use the land for a specific number of years.

For more details on Freehold vs Leasehold, please refer to our articles here:
https://excelbali.com/bali-freehold-vs-leasehold-property/
https://excelbali.com/can-a-foreigner-buy-property-in-bali/

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By: Dominika https://excelbali.com/navigating-payments-for-off-plan-bali-villa/#comment-64 Mon, 09 Dec 2024 09:46:26 +0000 https://excelbali.com/?p=12818#comment-64 When do you think the buyer of off-plan villa should acquire the land ownership ? Should it be at the beginning of the construction or in some payments?

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