Long term lease


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Posted by Angee on Wednesday, 1. March 2006 at 04:28 Bali Time:

In Reply to: long term villa lease posted by bali__crazy on Tuesday, 28. February 2006 at 14:52 Bali Time:

This was the preferred option to obtaining a villa as leasing is more recognized in Indonesian law than freehold sale. If you look at the website for Bali Advertiser you will find a good selection. Be aware that the whole amount of the lease is paid up front so if it is $5,000 per year for 20 years you will have to come up with the whole amount - also make sure you have a good Notaris.


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