Newsletter

When it comes to investments many people still believe Bali to be a third world island, and expect prices for real estate in Bali to be extremely low. Although they definitely are low, it is not uncommon for foreign property investors to buy a property in Bali mainly using a low sales price as a buying criterion. In reality though, Bali has a well running economy and the domestic market is strong. Properties in the prime areas are not that cheap anymore, but still do offer excellent and solid long-term investment potential. Like anywhere else in the world, location of a property is fundamental for making a good property investment. A property in Bali that enjoys a good location is guaranteed to produce stable rental incomes, and will also be easy to re-sell in the future. Due to lower land costs, a property in a less popular area might sell for 20-30% less, but most likely will be a bad investment as it will not generate any rental income and will be difficult to resell.

Read More

You do not have to be better than anyone else, just be a bit better again than you were yesterday. Among all of the notes that I wrote, the December issue has been my favorite. Because every December is a brooding edition, comparing achievement throughout the year with the targets I have set before in January. Often enough I regrett the set goals, think that I should have done better, be more diligent, more consistent, more this and that - and then I will make a commitment and set the new targets for the coming year (which would possibly result into blaiming myself again at the end of next year :) Lets see how you and I can do better: To be able to meet the targets or expectations relating to the property industry in the coming year, it is important to understand the current Indonesian macroeconomic condition and the anticipated developments in the coming year.

Read More

Moving to Bali

03 November 2014

A fruit vendor in the Ubud market Jack Kurtz/Zuma Press. How did you find Bali? and What do you do all day? are the two most common questions asked of us. I am a retired lawyer from California; my husband is a vintner (plus many other things). We are both 68 years old, and most people cant wrap their minds around the change we made moving to Bali, Indonesia, seven years ago. As we approached retirement age, we kept a watchful eye for those places that were exotic, less expensive (we lived in California for 35 years) and comfortable for Americans. A top priority was warmth. We both grew up in Connecticut, and I spent four winters in Buffalo, N.Y., so we were done with cold and snow. We visited all the warm climates we could find on the globe. It was by chance that a client/friend asked me to visit her in Ubud, Bali. When I returned, I said to my husband, This may be it.

Read More

If you dont know where are you going, you ill end up someplace else– Yogi Berra In the previous edition, we have seen that # ONE in smart investment is managing greed. We learned how to manage greed in analyzing an opportunity, so that we can avoid emotional buying. We now know how to set our limit. In this edition, we will learn how to set our investment goal, so you can confident go ahead and end up where you want to be. Being in property business for many years, I have experienced that most property investors don’t know what they do, because they have no clear concept. Those people will say my purpose of the purchase is investment, but they are often not sure what investment really means for them. Whether the property will be re-sold, or if they should build, if they like to rent out, or subdivide and sell those smaller blocks.

Read More

In a gentle way, you can shake the world. - Mahatma Gandhi. 
I heard on occasions a question by my friends and clients from outside Ubud who want to buy a property in Ubud: Is it true, the local people can be annoying there ?. Well, Iam not a Balinese, nor am I coming from Ubud, therefore they feel free to ask me such question. I also heard a few less enchanting stories from foreigners living in Ubud, like: my local neighbor is a nightmare for me or they just want my money and similar ones. What happened actually? Who is wrong? Is the local community here sometimes really horrible? Or could it be the new comers behave inappropriately and are upsetting their neighbors, therefore have provoked a negative reaction? 
In my daily work, Iam dealing with my Balinese team from Ubud, with vendors and many of the local community. I found that all of my Balinese colleagues have a great personality.

Read More