tel522 wrote
Are there any properties here with a 50 year guarantee as in the uk , your joking ya , the guarantee here only lasts as long as the contractor can pack up his stuff and jump a boat to java , be serious ya .
Why would anyone buy junk overpriced property , with no internationally accepted standards of construction ,really come on ! ,
It's perfectly true that there are not the same building certification standards in Indonesia as there are in places such as the UK. That is something which I would love to see change. That is a matter for politicians to deal with. I always visit a property before I am willing to endorse it or act on behalf of an owner to find a buyer. I will not put my name to any property which is any state of disrepair or poorly built. I always advise those owners that they must provide some renovation first or accept a much lower price, and I would make it clear to the buyer that these problems exist on the site. I usually deal with higher standards of villas which sell to bule for several billion rupiah. As for being overpriced, a good villa in Bali might be somewhere between 3 and 5 billion IDR (£180,000 - £300,000). The equivalent property in the UK would be closer to £700,000 - £1,000,000. There are some bargains to be had for people coming here to invest, live, or retire.