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All Forum Posts by: Steven Gijsman

Steven Gijsman has started 1 posts and replied 2 times.

Post: Financing for villa project in Bali

Steven GijsmanPosted
  • Developer
  • Bali, Indonesia
  • Posts 2
  • Votes 2

Hello,

I've been actively investing in real estate in Bali, Indonesia, for the past six years, focusing on developing smaller projects. Currently, I manage three villas for rent. Last year, I purchased land and am in the process of building three additional villas, which I plan to sell in about nine months. Revenue approx $450K, 45% profit.

I am posting here because I am seeking a partner who can assist with financing further developments, including purchasing land and building and selling (flipping) 6 villas this year.

If anyone has questions about the real estate market in Bali or is interested in potential collaboration, please feel free to reach out. I am always eager to connect and share insights. 

Any ideas or suggestions are welcome as well.

Best, Steven

Post: Real State in Bali?Profitable?

Steven GijsmanPosted
  • Developer
  • Bali, Indonesia
  • Posts 2
  • Votes 2

I am currently living in Bali and investing in real estate myself as well. I own two villas and I am now developing properties that are being sold "off-plan." The housing market in Bali is very active, with yearly rental ROIs of 25-40% being quite common. Demand for housing in Bali exceeds availability, and favorable construction costs, salaries, regulations, and taxes make Bali an attractive destination for real estate investors.

As @Benjamin Werner mentioned owning property in Bali works a bit differently than you probably would expect. 'Owning' land for foreign individuals is not possible. This is why most properties are 'bought' with a lease-hold contract of x years + y years extension (mostly 25-30 years + 25-30years extension).

Bali is an organized wild-west with a lot of opportunities, that's for sure.

If you have any questions please let me know. Looking forward to connecting!