Hills › Becoming an owner in Bali, step by step › Leasehold
Step 4 of 7 · Leasehold
The leasehold is a right to use the land for a fixed period: here 31 years, i.e. 30 years plus the year of construction. It can be extended at any time by negotiation with the landowner; the earlier, the cheaper.
The turnkey price includes the land for 31 years, with purchase taxes (5%) and notary fees (1%). The price is set in the contract in Indonesian rupiah (IDR), as are the instalments and invoices: the amount in euros or dollars is only indicative and depends on the exchange rate on the day of each payment.
The leasehold provides rental income for its duration; it does not guarantee a resale value at its end.
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Book a meeting Write on WhatsAppThe leasehold can be extended by negotiation with the landowner, at any time. The earlier the extension is negotiated, the less it costs.
A freehold, a longer period renewed against a tax, costs two to three times more than a leasehold.
Yes: purchase taxes (5%) and notary fees (1%) are included in the turnkey price.
Non-contractual information, based on the developer’s documents. Contracts are signed with the developer.
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