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Magnum EstateThe database of ads on our website contains more than 916 variants of real estate for sale in Indonesia. You can choose to buy a studio, apartments with 1–5 bedrooms, townhouse or villa, and then specify the selection parameters. When making a decision, take into account location, area, view from the window, infrastructure of the complex, and the cost of property in Indonesia. The converter will represent the accurate cost in euro and dollars, while the descriptions will provide comprehensive information about each object. To make a deal and buy an apartment or villa in Indonesia, write in private messages to the seller or contact by phone.
- The minimum cost of real estate is $79200.
- The cost of the most expensive real estate is $7.5 million.
- The minimum area is 21 m².
- The maximum area is 3,510 m².
Overseas buyers of housing in the country have the opportunity to issue a Second Home long-term visa, which acts as a residence permit for a period of 5-10 years. A mandatory condition for the issuance of such a visa is that the property prices in Indonesia, purchased by a foreigner, should not be less than $126,000. In addition to the owner, the application can include children, parents, husband or wife.
For life and profitable investments, residents of other countries choose mainly Bali, Jakarta, Surabaya and Medan. These cities are adapted for tourism, have a developed real estate market, and are also characterized by high rates of economic development.
The most popular types of property for sale in Indonesia are apartments and villas. Investors choose mostly new housing - apartments in modern complexes with a swimming pool, security, fitness center and access to the beach or houses with their own pool, garden and sea or city views.
Property in Indonesia
GDP growth of 5% per year, the possibility of obtaining a residence permit for investment, warm climate, affordable cost of living are just a few reasons to buy properties in Indonesia. Any foreigner can become the owner of a villa or apartment, investing in promising objects not only in the secondary, but also in the primary market. The website Global Properties provides information about the options directly from the sellers, so you can save time and effort when looking for the right object.
Experts expect that in 20 years Indonesia will be one of the top five countries with the most developed economies, which is a strong incentive to buy objects for long-term investment. Other reasons for making a deal are moving to a warm climate with family and receiving passive income through rent. In order for the investment to pay off, it is necessary to take into account the peculiarities of the local market:
- regions are developing at different intensities;
- premium properties are predominantly located in Bali and other tourist locations;
- apartments are available in special economic zones and free trade zones;
- Indonesian law does not allow foreigners to purchase houses and land. Here is a widely practiced leasehold for 30 years with the possibility of further extension.
Cost of property in Indonesia is influenced not only by the parameters of the object itself, but also by the region. The minimum threshold for buying houses for foreigners is:
- in Bali, Jakarta, Banten, West, Central and East Java, Yogyakarta - $315,000;
- in West Nusa Tenggara - $189,000;
- in North Sumatra, East Kalimantan, South Sulawesi, Riau Archipelago - $126,000;
- in other regions - $63,000.
The minimum value of apartments is:
- in Jakarta - $189,000;
- in Bali, Banten, West, Central, East Java and Yogyakarta - $126,000;
- in other regions - $63,000.
The purchase and sale process involves:
- Searching for a suitable house or villa.
- Contacting the seller and reserving the property (making a deposit of 5-10% of the price).
- Signing a contract with the terms of the deal.
- Making the payment or down payment in case of installments.
- Obtaining a certificate that confirms ownership. When you have it in your hands, you can send a request for a residence permit.
Reasons for investing in property in Indonesia
In the past few years, the number of foreign residents who purchase properties in Indonesia for investment has increased dramatically:
- in 2023, demand grew by 50%, the bulk of the deals, which is a third of the total, were concluded in Bali;
- investors have invested more than $800 million in the last year;
- the stimulus for increased interest was the program of issuing golden visas with the prospect of obtaining a residence permit for 5 and 10 years;
- Russian-speaking buyers took the 3rd place by the number of transactions in the island state.
The most promising investment real estate in Indonesia is located in the following areas:
- Jakarta with a population of over 34 million people - profitability is 5-7%;
- Sumbawa and Lombok with active development, but still with insufficiently developed infrastructure;
- Bali - a resort where you can get up to 15% on rent per year, and the increase in the price of a house when investing at the construction stage will be 25%;
- Medan and Surabaya.
In addition to the prospect of increased value, a large selection of real estate and high returns, investors are attracted by the ease and speed of resolving formalities. All procedures can be completed remotely, using cryptocurrency or SWIFT system for settlements. On average, it takes up to 1 month to complete a purchase.
Buying real estate in Indonesia
Select and buy highly profitable foreign real estate foreigners can remotely, and our site will help you. In the updated database you will find offers from developers and proven agencies and can choose housing with suitable characteristics. All options are presented with detailed descriptions and photos, and the cost can be converted into a convenient currency if necessary. Start viewing villas and apartments in Indonesia right now, and then write or call the seller for a good deal!