When considering an investment in building a villa in Bali, it’s crucial to factor in the associated cost of building a villa in Bali. While constructing a villa may seem similar to building a house, it often involves certain expectations that can be quite expensive. Therefore, knowing the cost of building a villa in Bali is essential to plan your budget accordingly and start building your dream home.
What is the cost of building a villa in Bali?
Anticipating the cost of building a villa in Bali is crucial when making real estate investments. However, it is essential to remember that construction costs in Bali can vary depending on the type and location of the property. We have provided estimated villa building prices in Bali to assist you in your research.
Villa type | Estimated building cost per m2 |
---|---|
Single villa | IDR 7.6 million ($494) |
Multi-story villa | IDR 10.9 million ($709) to IDR 12.4 million ($806) |
Villa with luxury materials (e.g., wood and marble) | IDR 22.9 million ($1,489) |
Villa with swimming pool | Villa type cost + IDR 2 million ($130) per m2 of the pool |
What factors determine villa construction costs in Bali?
Several factors can impact Bali villa construction costs. To determine the cost of building a villa in Bali, the size and complexity of the design are crucial, as larger villas with more intricate designs will require more materials, labor, and time. The villa’s location can also influence construction costs, as remote areas may require additional expenses for transportation and delivery. For example, building a villa in Nusa Penida can be more expensive due to transportation.
The cost of labor in Bali can vary depending on the skill level of the workers hired. Other factors, such as the timing of the project and any additional amenities or features, can also impact the overall cost of constructing a villa in Bali.
Overall, these are the factors that determine the cost of building a villa in Bali:
- The size and complexity of the design.
- The location of the villa.
- Skill level of the hired workers.
- Timing of the project.
- Additional amenities or features.
Hiring an architect in Bali for your villa: What does it cost?
When investing in property intended for accommodation, hiring an architect in Bali to design and oversee the construction process is highly recommended. This is an integral part of the total cost of building a villa in Bali.
Architects in Indonesia typically charge an average hourly rate of IDR 177,000 ($11.51). While this may seem like a significant expense, investing in a skilled architect can bring numerous benefits, including designing a building that meets your specific needs and preferences, optimizing available space, ensuring the construction process is completed on time and within budget, and enhancing the property’s aesthetic appeal to make it stand out in a competitive market.
How to find the best contractor to build your villa in Bali?
A project’s success hinges on the contractor’s performance. Selecting a skilled and reliable contractor who can efficiently initiate the project, adhere to the budget, and deliver impeccable quality is highly advisable. Indonesian contractors can cost about IDR 205,110 ($13.33) per hour. For further information on the best contractor to build your villa in Bali, kindly email us at [email protected].
The cost of building a villa in Bali calculator
It’s good to have an idea about the cost of your villa before you start hiring an architect or contractor. You can calculate the estimated cost of building a villa in Bali with our calculator, which you can use for free. Just
Buy or build a villa in Bali with Own Property Abroad
Do you want to build a villa in Bali, or are you considering buying an existing one? Own Property Abroad can assist you and ensure a seamless and hassle-free property journey. Thanks to our extensive knowledge and local experience in Bali, we can help with legal requirements, calculating the cost of building a villa in Bali, finding properties, negotiating the best deals, and conducting due diligence.
With our expert team, you won’t have to navigate the complexities of the Balinese real estate market alone. For further information on how we can assist you, kindly drop your details below or email us at [email protected]. Let’s start working on your property success story today!
Conclusion
The real estate construction phase is undoubtedly one of the most challenging obstacles. It can generate considerable worry, particularly when the cost of building a villa in Bali rises. Working together with a reliable contractor who can make your dreams and wishes come true is essential. This can also prevent unnecessary costs from accumulating, and their expertise makes the construction of your villa in Bali a reality.
Frequently Asked Questions (FAQs)
Can a foreigner own a villa in Bali?
Foreigners can own a villa in Bali through a leasehold, Hak Guna Bangunan (HGB), Hak Pakai (HP), a passport, or a PT PMA. Those who want to own a villa in Bali to start villa rentals benefit from owning a villa through a PT PMA, as this is a foreign-owned company that allows foreigners to run a business and earn income in Indonesia.
Is it worth buying property in Bali?
Whether it’s worth buying property in Bali depends on your circumstances and needs. Bali can be an attractive location for investment or those seeking a holiday home. Still, it’s essential to research and carefully consider factors such as legal regulations, property prices, and maintenance costs before deciding.
Is it cheaper to buy or build a house in Bali?
Building a house in Bali can be cheaper than buying an already-built property, especially if you are willing to do some work or use local materials. However, the cost of building a villa in Bali can vary depending on several factors, such as size, location, and materials. Another option is buying off-plan property in Bali, which is considered cheaper to invest in Bali real estate.
What is the cost of building a pool in Bali?
The cost of building a pool in Bali depends on the size and materials. For example, a pool of seven by three meters made with natural stones can cost around IDR 105 million ($6,825), while the same swimming pool with mosaic tiles cost around IDR 109.2 million ($7,098).