Apocalypse69
I'm in Gatsu Barat, Denpasar and the land here now is an incredible 700m rp per arah.
Incredible actually as this area a few years ago was only 30m per arah.
Anyway would love to sell and move out to a cheaper area.
JabberWokker
Pancasari is cheap and there is supposed to be a new fast road there by 2017.
ronb
A few years ago I saw land up in the mountains from Seririt. It was being used to grow coffee at the time, and was a large area sloping steeply down to mountain streams. The access roads were only good for motorcycle, there was no electricity, and getting internet would have been tricky.
So it was cheap - about Rp1,000,000 per are at that time.
Now I know you don't want that land - but you did ask a silly question.
Markit
Ron have you been to Seririt recently? Was there last week - it's one big building site with villas, a water park, hotels, etc - just like in real Bali. I wouldn't be surprised if the land prices were too.
tintin
Seririt is a "cool" place. Well, that's nor saying much: I think every place in Bali has something special and great to offer.:adoration:
spicyayam
Here's a promo video for the new water park:
[video=youtube;yj5HZzO-yV0]http://www.youtube.com/watch?v=yj5HZzO-yV0[/video]
Markit
tintin wroteSeririt is a "cool" place. Well, that's nor saying much: I think every place in Bali has something special and great to offer.:adoration:
Happy birthday Tintin - just heard you turned 85 last week. (the Belgian character did, anyway)
Apocalypse69
I'll rephrase that then.
Where is the best place to buy land, that has all the necessary amenities :-)
Markit
See Apo therein lies the problem: what do you think is "cheap" and what do you consider "necessary" amenities - the 2 seldom go together for obvious reasons.
Smoke
Apocalypse69 wroteI'll rephrase that then.
Where is the best place to buy land, that has all the necessary amenities :-)
Lovely Sanur has all the necessary amenities !!
Apocalypse69
There must be some parts of Bali that you can buy land for 30-50m per are that are still close to civilisation. ie Tabanan type area.
The only thing I would need would be electricity and Internet.
ronb
Well, Tabanan area seems to offer what you want. Take a look at
http://www.rumah123.com/tanah-dijual-di-tabanan-bali-id.html. The prices are quoted as Rp per square metre, so Rp300,000 would be 30 million per are.
Markit
Up a mountain - road up to Kintamani has some lovely gorges and ravines with cool mountainside land costing in the high teens/are. Long way to the beach but some great veg...
Apocalypse69
Cheers guys :-)
I will check that website out.
joji gulapetis
Apocalypse69 wroteThere must be some parts of Bali that you can buy land for 30-50m per are that are still close to civilisation. ie Tabanan type area.
The only thing I would need would be electricity and Internet.
Look at places north of Ubud, like Markit said in his above post
[COLOR="#FF0000"]@ Markit "Up a mountain - road up to Kintamani has some lovely gorges and ravines with cool mountainside land costing in the high teens/are. Long way to the beach but some great veg…" [/COLOR]
But before you get to Kintamani. Have heard from many sources the ppl up around Kintamani are not the friendliest folk around.
Have been offered land up that way anywhere from 35 jt to 50 jt per are.
:topsy_turvy:
davita
I've faced this dilemma of property I've bought going up in value that it made economic sense to sell, but caused emotional issues on where to go next, a few times.
1. An apartment in Central London. 2. A 'village' house I personally architected and had built in New Territory, HKG. 3. A SW styled villa on a golf-course in Scottsdale, AZ.
I've never regretted selling, taking profit, and moving on. I never bought as investments but they all turned out to be just that. Six months after I sold the USA property the market collapsed...I could probably buy back now at my original price.
With that in mind I suggest to the OP he first take the profit...then, with cash, is able to look for the next project.
btw I'm facing the situation again...I bought our house here in Kerobokan new, only 20 months ago. A developer is in process to build 4 more houses beside our 4 house complex...nearly identical in size and look. I've just found he PAID 3X what we paid for the land...never mind the obvious increased construction cost. I'm waiting to see the asking price, nearer completion, as I might have to go thru' my own 'advice to the OP' process one more time, even tho' we love our house!
Mark
I really don't see a decline unless there are distressed expat sellers who need to offload poorly built villas situated on postage stamp size parcels of land, or else built in the middle of beautiful rice fields which no longer exist. Balinese selling land typically hang on through economic downturns so while transaction volumes decrease, prices don't. In any case, a property across the road from ours North of Ubud just sold for over 3x per are what we paid in 2012 and the new owners reckon they got a bargain as the asking prices in the area keep rising.
geedee
[B]Markit[/B]and others Whats the approx price range for land and or land/villa near your area.
I prefer to be away from the south and Sanur with too many expats(and davita)
Doesn't need to be luxury as my budget tight spent most of my money on wine and wild woman and wasted the rest.
I will probably look around there when I'm in Candidasa in January
Don't get me wrong i don't really want to be your neighbour I've had bad neighbours for years while i lived in Scotland(they were called English)
Good advise means any cheese request will be catered for.
geedee
Markit wrote
From the seller point of view its always trying to find that sweet spot where your place ticks the boxes for the buyer who: has the money
isn't too worn down by the buying torture
likes you (yes, that matters)
I finding the someone who likes part you hard to believe
davita
geedee wroteI prefer to be away from the south and Sanur with too many expats(and davita)
That's a pity...I could probably get you a good deal on any one of the four villas next to me...still unsold after a year of being finished. They had to empty the pool on one as it was green with algae...and manually scrub the tiles clean. They then refilled from the same pump aquifier that my pump uses...and we haven't had rain for months...how f'fing stupid.
I don't think maintenance is high on the developers priority list...but, as Mark observed and many of us discuss, the Balinese don't seem to care...they stubbornly wait it out.
