South Lombok is attracting property interest. Understanding local regulations, ownership options and market conditions can help buyers make informed decisions.
Lombok's natural beauty has attracted a welcoming and culturally diverse expat community that enjoys gathering around the many white sand beaches, hidden bays and world-class surf.
With strong infrastructure, increasing airline routes, high-profile events like MotoGP, and new international schools, South Lombok promises significant growth potential for investors.
Lombok has become the go-to island for those looking to invest in Indonesia but seeking the authentic charm of a tropical paradise. With a thriving tourism industry and robust infrastructure attracting expats from around the globe, investment opportunities in South Lombok are endless.
Purchasing real estate in Indonesia and more specifically in Lombok can have its challenges. Before considering investing here, it is important to understand the different legal structures and potential obstacles that may come your way.
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Reserved to Indonesian nationals, these freehold titles have the strongest form of ownership in Indonesia. The title is registered with the National Land Agency and extends to all fixtures on the land.
HGB certificates can be owned by foreigners for up to 80 years through a PMA company. This right entitles its owner to build and possess buildings on the land. The title is registered with the National Land Agency and is freely transferable.
HGB ownership through a PMA company is the safest title foreigners can have in Indonesia.
This right grants the permission to use the land for a specific purpose that is negotiated in advance. The title is registered with the National Land Agency. However, it can only be transferred to a third party upon permission of the landowner.
This right is substantially similar to the right of tenancy. It derives from a primary land title and is hence not registered with the National Land Agency. It is neither transferable nor can it be encumbered. It is valid for the time negotiated in the lease or rental contract. There are no other time limits fixed by law.
As we are not qualified legal advisers, we can only provide general information. For advice specific to your circumstances, we recommend consulting a qualified legal professional.
If you would like further information, we recommend that you contact a Lawyer/legal adviser or speak with a notary, who can help to answer any legal questions which you may have.