At first, you fell in love to Bali. The tropical weather, the wonderful scenery of the beaches, the friendly locals, everything just endlessly charmed you. Then, you are playing with the ideas of living in Bali. You start to look for ways how you can make a living while enjoying this beautiful island, and, voila! Starting a vacation rental business with private villas in Bali seems to be a good idea.
It may seem difficult to comprehend how to buy a profitable short-term rental, but with the proper house, a modest budget for improvements, and the time to handle guests, it may be a fantastic chance! Many homeowners have found that purchasing bali private villa investment property has been entertaining and profitable.
See If There’s Any Road Leading to the Private Bali Villas
Any investor may assume that the vacation rental property they are interested in may be reached by car using the road it is located on or any adjacent connected streets. But in many rural regions, accessways or private roads, rather than public roadways, are where vacation rental houses are located.
If the access road is a road, that needs to be established first. Perhaps not. It might just be a route that a developer at some time invented. Perhaps when a landowner divided a sizable parcel into two or as part of a community expansion initiative. You will require proof that you have authorized access to the property if the access road is not one.
It is unlikely that the town will keep a private road. Some private villas in Bali, though, look for very secluded areas to provide an ultimate getaway surrounded by the jungles. However, often times it comes with a price. We had a first hand experience as a guest who, in our attempt to stay at a secluded bamboo house, need to drive through rough forest trail, with no other houses at all along the road.
You must carefully examine how your weekly or Airbnb guests will reach the house you intend to rent as a private vacation rental host in Bali.
See Any Property Setbacks for Waterfront Villas
Setbacks are guidelines or demands placed on landowners. In general, they limit what you can do and where you can do it on your property. For instance, setbacks may be required for beachfront property by a municipality or governmental organization like the department of environmental protection. Examples include mandating a specific distance between new construction and the high water mark. It’s a good idea to be aware of how setbacks could restrict your plans if you purchase a private waterfront villa in Bali with the intention of making any additions or significant modifications.
More Vacation Rental Business:
How to Start A Short Term Vacation Villas Business in Bali
6 Ways to Make Your Luxury Villa Bali More Instagrammable!
Know the Height Restriction in Bali
Older vacation homes were frequently constructed as modest one-story cottages. It is extremely typical for owners to seek to increase the living area of their coastal home in later generations. This is especially true when it comes to rental property. Vertical expansion may increase your home’s capacity for bathrooms and bedrooms, increasing its value and bringing in additional rent. However, you need to know that the maximum permitted high for any building in Bali is 15 metres. For W1 and W2 tourism zones (the beachfronts and coastal area), the maximum height is 12 meters.
Height limitations can prevent your view from being obstructed by a neighbor’s development, but they can also prevent you from adding a story. Knowing the regulations is an essential aspect of your due diligence when buying private villas in Bali, especially for buildings on a slope that face the lake.
