Being a novice when it comes to investing, and only one property rented, I was just wondering if anyone watched the Great Outdoors on Monday night, in particular buying investments properties in “The Villas in Bali” under a managed unit scenario, which can be rented out, and used by the owner whenever?
Anyone looked into this, or have any thoughts?
Thanks
Get your money working for you instead of a bank! You could earn up to 3% PER MONTH on your money. Ask me how!
I did see that one and can’t really comment on the managed unit scenario too much. Nice idea and the villas looked beautiful!
What I did find interesting was the prices they were asking for for units in Croatia! $300k Australian for a 2/3 bedder!! That would put it in line with prices in Australia! Can’t imagine the locals paying that for units!
Am I missing something or did that seem odd?
I agree, I was thinking the same thing.
Get your money working for you instead of a bank! You could earn up to 3% PER MONTH on your money. Ask me how!
Well,
Have just got back from over there where I was looking at land and property.
Apparently the ownership laws for foreigners have recently been changes, to encourage and promote foreign investment.There are various pros and cons with investing in Indonesia which I am still working through.
Having said that, I found that there are lots of ‘ex pats’ who are currently investing and have invested over there, inclding Canadians, Dutch, Germans, French, British, Japanese, Taiwanese, etc.
There seems to be numerous tax advantages to investing over there, and the prices I was quoted were extremely reasonable.
The only thing that kept ringing in my ears was what a jewish solicitor said to me many years ago with regard to investing in Indonesia.
All he said was ‘soverign risk.’Bottom line is that high risk = high return, so in the end it will depend on your risk profile.
But without wanting to talk the place up, I would say that it is a hive of construction activity and very very busy.
This was one project I was introdued to by the owner of the land:
C151.net
complete with helipad….kp
Interesting. Thanks.[biggrin]
Get your money working for you instead of a bank! You could earn up to 3% PER MONTH on your money. Ask me how!
Hi KP,
How much are those villas going for at Club 151?
I looked on the internet but couldn’t see any prices.
We were looking at bali a couple of years ago. Let me know if you find anything good.
Mei
I think the price has been left off deliberately to force you to enquire or leave your email details…
Interesting that the office is in HK.
I heard that it was Canadian money.As far a finding anything good, ther was plenty that looked very interesting, but more homework is needed before making a commitment.
Right now, there is a reasonable return to be made in Aus (especially WA ) without the risk level attached, albeit at higher tax penalties if you decide to take your profit.
Mei, consider Batam if you are interested in Indo. its a bit closer to Singapore, and you can purchase in Rp but resell is Sg$…. just an idea.
Anyway, PM if you are interested in more details on Bali prospects…..am happy to share.
kp
Just back from Bali and bargains galore. If I had PLENTY of money (and willing to gamble it) I’d have a go. You have to go in with a local and they own the land, but you own any improvements on it. Never buy off the original owner and use him as your sponsor as its hard to prove transference from him. Lots of Dutch building there. Don’t buy to have your own accommodation as its so cheap to hire.
You must be logged in to reply to this topic. If you don't have an account, you can register here.
