Frequently asked questions about new apartment complexes in Indonesia
What documents do you need to have to purchase an apartment in a new building in Indonesia?
Foreigners must present a passport from their home country. Residence permit and other documents are not required.
Are there any restrictions for foreigners planning to buy an apartment from a developer in Indonesia?
For foreign persons, a minimum price threshold has been established for the purchase of properties. The exact amount of investment depends on the type of housing and the place where it will be purchased.
Foreigners should also note that when purchasing real estate in a new building in Indonesia, ownership rights are not issued. The property may only be purchased for a long-term lease with the possibility of extending the specified period. This applies to private houses and apartments in residential complexes in Indonesia. You can bypass the restriction after obtaining Indonesian citizenship.
Foreigners should also note that when purchasing real estate in a new building in Indonesia, ownership rights are not issued. The property may only be purchased for a long-term lease with the possibility of extending the specified period. This applies to private houses and apartments in residential complexes in Indonesia. You can bypass the restriction after obtaining Indonesian citizenship.
In which locations are apartments in new buildings in Indonesia in greatest demand?
New housing is especially often purchased in Bali and Sumatra - the most popular local resorts with picturesque nature and developed infrastructure. Foreigners moving to the country for work are showing increased interest in the capital, Jakarta.
