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Growing Tourism Industry: Bali's tourism industry is rapidly growing, making it an attractive market for real estate investment opportunities like Airbnb rentals.

5. Are there any restrictions on renting out my property to tourists or using it as a vacation rental?

Personal propertyCommunity propertyReal propertyUnowned property

What is real estate

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Real estate has a long history dating back to Roman law and Greek philosophy, where the concept of owning property was established. The profession of appraisal began in England during the 1500s to meet agricultural needs. Natural law discussions in the 15th and 16th centuries influenced property theory and foreign investments.

For the legal concept, see Real property. For other uses, see Real Estate (disambiguation).

Other common law areas

Energy Efficiency: Incorporating energy-efficient systems such as LED lighting, low-flow water fixtures, and insulation technologies can significantly reduce energy consumption in real estate properties. This not only lowers utility costs but also promotes sustainability.

Real estate is property consisting of land and the buildings on it, along with its natural resources such as growing crops (e.g. timber), minerals or water, and wild animals; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general. [ 1 ] [ 2 ] In terms of law, real relates to land property and is different from personal property while estate means the "interest" a person has in that land property. [ 3 ]

The natural right of a person to own property as a concept can be seen as having roots in Roman law as well as Greek philosophy. [ 4 ] The profession of appraisal can be seen as beginning in England during the 1500s as agricultural needs required land clearing and land preparation. Textbooks on the subject of surveying began to be written and the term "surveying" was used in England, while the term "appraising" was more used in North America. [ 5 ] Natural law which can be seen as "universal law" was discussed among writers of the 15th and 16th century as it pertained to "property theory" and the inter-state relations dealing with foreign investments and the protection of citizens private property abroad. Natural law can be seen as having an influence in Emerich de Vattel's 1758 treatise The Law of Nations which conceptualized the idea of private property. [ 6 ]

Location, market trends, legal regulations, and potential for rental income are all important factors to consider when investing in real estate in Bali.

History of real estate

A leasehold agreement allows a foreigner to lease land for a set period of time, usually up to 25 years with an option to extend. This is a common way for expats to invest in property in Bali without owning the land outright.

Foreigners are subject to certain limitations when it comes to owning property in Bali. In Indonesia, (non-Indonesians) are not allowed to own freehold land, but they can lease properties for up to 30 years with the option of extending for another 20 years, which can give them a total leasing period of 50 years. It is crucial for foreign investors to be aware of these restrictions and adhere to the regulations set by the Indonesian government in order to avoid any legal issues down the line!

Foreign investors in Bali must adhere to legal requirements and provide specific documents when investing in real estate on the island.

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4. What fees does the property management company charge?