The Coco Boulevard

Yes, though not as freehold. Foreigners hold Bali property through three legal routes: a leasehold (Hak Sewa) of up to around 80 years, a Hak Pakai right-to-use title, or a PT PMA foreign-owned company holding an HGB title. Leasehold suits single lifestyle or rental villas; a PT PMA suits investors buying multiple assets or operating a rental business.

Buy or deposit at least USD 130,000 (about IDR 2 billion) to qualify for Indonesia's Second Home Visa, granting 5 years' residency, renewable for another 5. Alternatively, an Investor KITAS via a PT PMA shareholding (from roughly IDR 1 billion) gives 2-year renewable residency plus the right to work and hold Hak Pakai title directly.

Buyers pay a 5% acquisition duty (BPHTB) on the transaction value, plus notary and legal fees. There is no meaningful annual property tax on leasehold. When you sell, the seller pays 2.5% on the gross sale price. Budget total acquisition friction of roughly 5-8% depending on structure and legal setup.

Bali delivers 10-12% gross rental yields, among the highest of any prime market. Well-managed villas typically net 7-12%, while branded resort-managed stock targets around 13%+ blended returns. Capital growth runs 6-8% per year, and Canggu land values are up roughly 50% since 2019 on relentless tourism demand.

Rental income is taxed as a final tax: 10% if you hold a KITAS residency permit, or 20% without one. Because it is a final tax, no further income tax is due on that rent. Holding a KITAS therefore halves your rental tax, alongside enabling a local bank account and NPWP tax ID.

Off-plan purchases are staged: you sign a notarised sale and purchase agreement, then pay in construction-linked instalments through to handover. Foreigners usually secure the underlying land via a long leasehold (up to ~80 years) or a PT PMA holding HGB title. Use an independent notary (PPAT) to verify the land certificate, zoning and developer track record before committing.

Canggu leads for rental returns and capital growth, with land values up around 50% since 2019 on strong digital-nomad and tourism demand. Berawa, Pererenan and Uluwatu are fast-rising for branded villas and resort stock, while Seminyak offers established, high-occupancy short-let demand. INOVO's Villa Santai Sereno sits within this prime southern belt.