The Indonesian island of Bali has been in great demand from investors in recent years. Some buy a house for investment in Indonesia, and others invest on the island of Bali for living. Foreigners open shops and restaurants there, build businesses, and engage in farming activities. However, in order to conduct business legally and not invest money in vain, it is essential to understand into which zones the land in Bali is divided.
Land plots in Bali have one or another status, indicated by a certain color. Some areas are considered protected, others are intended only for farming, others are used for commercial real estate, etc.
Even if you are purchasing an apartment or villa in a residential complex, it is worth finding out the status of the land. It may turn out that the developer is constructing the building illegally. For now, some violations are being ignored, but elections will be held in Indonesia next year, which may influence the tightening of rules.
What zones are plots in Bali divided into?
Brown zone. This is land that is protected by the state. There are nature reserves, architectural memorials, and culturally important sites here. Any construction on such land is strictly prohibited.
Green Zone. Sites owned by the state, communities, or private individuals. Only farming activities are allowed here: producing crops and increasing livestock. Construction of residential and commercial premises will be illegal.
Purple zone. Land allocated for commercial and industrial buildings. Factories, factories, offices, schools, and hospitals can be built in this zone. If you are opening a company, then its office should be located in this zone.
Yellow zoneThis is land for residential development. Here, you can build villas and residential complexes. These areas are reserved for real estate for private use, for which no a. dditional license is required.
Red zoneLand for tourism and entertainment. Hotels, restaurants, clubs, and any real estate aim. ed at tourists are being built on this land. Additional licenses will be required to obtain building permits and conduct business in this zone.
The main advantages of investment and tourism in Indonesia
Indonesia is a fantastic country, which it can rightly be said:
The country is famous for its stunning nature. Here, you will find volcanoes, lush tropical woods, scenic rice terraces, waterfalls, coral reefs, and beautiful beaches. It is a paradise for nature lovers and hikers.
Indonesia is one of the most culturally diverse countries in the world. More than 300 ethnic groups live here, each with unique traditions, languages, cuisine, and customs. The wealth of cultural heritage makes Indonesia a special place to explore various aspects of art, music, dance, and crafts.
Indonesians are comprehended for their warm and generous attitude towards visitors. You will be surrounded by a friendly atmosphere and can enjoy the hospitality of the local people, try their cuisine, and learn more about their culture.
Indonesia is one of the fastest-growing countries in the world. The country has a large economy based on various industries, including oil and gas production, agriculture, manufacturing, and tourism. With its growing economic potential, Indonesia offers many business and investment opportunities.
The Indian Ocean washes Indonesia in the south and the Pacific in the north. It has vast sea space and is among the best countries for diving and snorkeling. Indonesia is also known for its beautiful islands, including Bali, Java, Lombok, and many more.
Indonesian cuisine is known for its diversity. You can try various dishes, including nazempek, nasi goren, rendang, and satay. Each region of Indonesia offers unique culinary experiences, making the country an ideal destination for foodies.
Culturally and spiritually, Indonesia shares similarities with other Southeast Asian countries such as Malaysia, the Philippines, and Thailand. These countries also have a rich cultural and historical heritage, similar natural beauty, and hospitable people.
Overall, Indonesia offers a unique combination of cultural heritage, nature, and economic development, making it an attractive destination for tourism, business, and research.
Growling tourism and lifestyle appeal
Bali offers many investment options thanks to its diverse landscape, rich culture, and flourishing tourism sector. Canggu is a favored option for astute property investors in many of Bali’s regions. In this post, we will look at the elements that make Canggu one of the best places in Bali for property investment.
Canggu, a coastal city in Bali, has seen considerable growth in recent years and has evolved into a famous tourist destination. Canggu has evolved into a renowned destination for tourists and expats pursuing a dreamy lifestyle, gratitude for its pristine shores, world-class surf breaks, vibrant culinary scene, and laid-back attitude. The massive market for housing in this area creates great investment prospects for home buyers.
Investments in real estate are especially popular in Bali; the year-round tourist season makes this island increasingly visited. Plus, Indonesia has relatively cheap prices. The cost of housing varies from $20,000 to $10 million, depending on the size and class. If we talk about profitability, then on average, due to the increase in the property’s value, an income of up to 50% is possible when renting out up to 15%.
Help with purchasing
Are you planning to buy property or open a business in Bali? Contact Indonesia-real.Estate. We will quickly find a suitable property for you, check the site’s status, and protect your rights during the transaction. In addition, you can transfer your property to us for management to earn money on rent and receive passive income.