Or you could always buy a joglo (traditional teak 'knock-down house) erect it on the land & if the lease goes bums-up at the end, you simply un-erect it and move it somewhere else - it's not like you'd be sending in the bulldozers & flattening a villa (which as mentioned above the bandar might object to) that's their function, housing for the landless poor.
If you're looking for ethnic style it doesn't get much more ethnic that that, well Javanese, but can be modified simply to include 'western' facilities, and actually they can look very classy.
I looked at one in December @ around US$40k
little hind: it's about the term "irrevocable" which does not exist in indonesian law....and I have to add (sorry if it was not clear I'm talking about hak milik / freehold titles which is "owned" by a foreigner over a nominee, leasehold as a system itself is more safe
Last edited by sakumabali; 28-01-2012 at 09:19 PM.
Last edited by sakumabali; 28-01-2012 at 09:18 PM.
I was under the idea that a nominee system in a agreement between 2 people?
This was to give some protection for westerner to have property, but the agreements will not hold up in court..
You are not a bank so you cannot lend money?
You cannot own land in Indonesia so your name is not on the title?
The only thing you have is a lease agreement, thats it. You could go to court with this document, but your nominee may show the court other document that would get you into more trouble..
That's why you nut out the lease agreement, its the only legal agreement(document) you have.
In our life time Indonesia will never allow westerner to own land, I can see longer leasehold but never own.
Give yourself more than a week or 2 to find your house/villa. Remember you will be living in it for years possibly. Also it allows time for you to ask some locals if they know of any houses for rent, they will ask around etc etc. If someone finds a house for you they will always get a bit of commission out of it but if you are happy with the price who cares right?
Your choice will be limited by your budget. If you have 100 million per year budget you could look at loads each day if you want however if your budget is 12 million then the search will be harder...but not impossible ;)
A dog is your best security.
Not too sure about documents and all that. If you are in a village then its pretty clear who owns the house cos all your neighbours will be round sticky beaking its not like someone could show you through without someone noticing. My first year the owner drew up an A4 size document basically saying how much for a year and what is covered (no listrik for example), since then its just been a little receipt each year after I pay a year up front.
If you pay for 3 years you will get a discount too.
Good luck
This is the only facts ive seen in this thread so far ,,,,,
BTW , arangements are now being made to allow for 60 year leases , while efforts are swaying toward making ownership more unlikely in the future .
For peace of mind , regarding the OP , renting a house on a year by year basis is the most hassle free of the options available
That's what I thought... it was 12m x 10m & included re-erecting on site... but didn't include a bunch of things like waterproofing roof, base etc etc.
I'll be in Yokya, Surabaya & Jebara in a couple of months on other business & will spend a few days looking around (the basic footwork having been done by an Indonesian friend).
But sakumabali, I'll contact you after I've had a look there - possibly the cost of an old one, knocking-down, cleaning up, shipping & re-erecting would be higher than $40k - maybe not.
@ sherm: no pics of the specific house, but generic pics can be found here to give you an idea of what they look like - not so shabby, eh? (of course none of those pictured are in the 'condition' of the one I looked at):
https://www.google.com/search?q=ruma...iw=891&bih=462