Payment plans in Bali!

Purchasing property abroad is a significant investment, and understanding the payment options and processes can simplify your journey. Whether you’re eyeing a chic new condo or a luxurious villa, it’s essential to know how the payment structure works and what to expect during the transaction. This guide provides an overview of the payment methods and conditions for both off-plan and ready-to-move-in properties, including details on construction timelines, deposit requirements, and available currencies. With this information, you can confidently navigate the process and make informed decisions about your property investment.

Loan and Mortgage Restrictions:

No Possibility of Loans or Mortgages: Unfortunately, securing a loan or mortgage for property purchases is not an option for foreigners. All payments must be made from personal funds.

For Off-Plan Buildings:

Installment Payments: When purchasing off-plan properties, payments are typically made in installments according to the progress of construction. The construction duration for villas is approximately 12 months, while for condominiums, it usually ranges from one to two years. Some projects may require a down payment of up to 50% if construction has already begun. Developers often provide periodic updates on the construction progress, which may be monthly or weekly depending on the contract.

For Ready-to-Move-In Buildings:

Deposit and Final Payment: To purchase a ready-to-move-in property, you initially pay a deposit, with the remaining balance due upon completion of the agreement.

Remote Purchase: One of the advantages of buying ready-to-move-in properties is that your physical presence in the country is not required. The entire purchase process can be completed remotely, making it convenient for international buyers.

Payment Methods:

Available Currencies: Payments can be made in USD, EUR, and, in many cases, USDT (Tether). This flexibility allows for easier transactions for international buyers.

Understanding these aspects of property purchases can help you manage your investment effectively and ensure a smooth transaction process. Whether you’re investing in a future dream home or securing a profitable rental property, being informed about payment methods and conditions will make your buying experience seamless and stress-free. If you have any questions or need further assistance, don’t hesitate to reach out to us for guidance and support throughout your property investment journey.