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Thread: If you are coming, get your ass in gear - NOW!

  1. #11
    Insane Poster Jimbo's Avatar
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    Default Re: If you are coming, get your ass in gear - NOW!

    Easier said than done Markit. It would take at least a month on Bali (and maybe longer) for me to locate, research and buy. Just cannot drop everything and just come.

    Sure I will get there in the end.
    Regards Jimbo

  2. #12
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    Default Re: If you are coming, get your ass in gear - NOW!

    The fact that a bule gets involved also seems to bring out the rupiah stars in the eyes of some of the landowners.

    My GF and I purchased some land on the bukit for a small project we are doing at a very reasonable price per are. We bought 7are and the GF did 90% of the transaction and I came in at the last minute.
    No problem with that and we decided if the farm next door may want to offload a bit of land then maybe we should look at it.

    Cut a long story short, farmer got wind of the bule in the mix and the land price he wanted for bare, no facilities, nothing land was 2.5 times more than what we paid less than 3 months prior. His words were that once people see a bule here doing business they will pay his price....

    Damn!
    Cheers
    Ken

  3. #13
    Addicted gilbert de jong's Avatar
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    Default Re: If you are coming, get your ass in gear - NOW!

    yup...imo Ken is right..when a foreigner buys land where there no foreigners yet, the price of the surrounding land will double right of the bat...and double that again when the foreigners house (if it's a nice house) is done.
    don't read between the lines..i think the words are clear enough...:)

  4. #14
    Addicted Markit's Avatar
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    Default Re: If you are coming, get your ass in gear - NOW!

    Duh! Of course it does. Go to any district in London and if an Arab or Russian buys the surrounding prices rise. Same in America - you get a city guy come to the country and buy something nice the locals are all running around semi-erect looking for the next one.

    What you don't say is that the it's always caveat emptor (buyer beware) - wherever you are.

    If the sellers raise the price because there may be a Bule involved it doesn't change in the least the sales constellation - 1 seller, wanting to sell with a lower limit and 1 buyer wanting to buy with an upper limit. Nationality or skin color doesn't really enter in to it in my humble opinion.

    Do your homework and don't get ripped off. If you don't, you will :twisted: Anywhere!

  5. #15
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    Default Re: If you are coming, get your ass in gear - NOW!

    Quote Originally Posted by Jimbo
    Easier said than done Markit. It would take at least a month on Bali (and maybe longer) for me to locate, research and buy. Just cannot drop everything and just come.

    Sure I will get there in the end.
    Don't worry Jimbo, there will always be land that westerners can afford in Bali.
    However it may not beachside or cliff top with magnificent views , however it will be in Bali.

    As far as I am concerned , that is all I need. I can always jump on the bike and go to the beach when I want the views.

    Cheers
    Ken

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