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Investing in Bali, Buying Land or Contracting?

There are various ways to invest in Bali . Many things are interesting and promising is given when we invest in Bali. However, confusion often struck when it came to choosing to purchase the land or land contract.

Options to purchase or hire of land has a lot of background. Could be due to the thought which is most favorable in between these two things, or it could be because of constrained cost. However, with the stock pengatahuan sufficient and steady conviction, then we will be able to decide which one is better in between the two.

Buying or have the contracted land advantages and its own advantages. Depending on how we will focus parts which will be a priority. Instead, purchase or hire of land need to consider several things, including the advantages, disadvantages and the benefits obtained.

Buying land will certainly be more expensive than contracting on equal ground. However, by buying land, then we will obtain ownership of the land. Thus, we will be free to manage our own land. Instead, before we decide to buy land in Bali, see the prospect of land prices in the future. Whether for 3 to 5 years into the future price of land has increased by 15 percent or not. If not, we better sign it, looking at further developments. In addition, by buying land , we will also get the obligations that must be paid. For example, pay taxes and such. Then, if he thought the amount of costs incurred is commensurate with what we get from the land.

Contracted land can be a good solution for us is constrained by limited funds to buy land. In addition, the contracted land would provide a distinct advantage compared to buying land. With a land contract, then the ownership of land is temporary depending on how long the agreement we will sign. This is good if it turns out that our land contract was shown to have no economic value is high. That way, we can immediately act quickly as not to extend the contract and so on. However, if it turns out the land is becoming increasingly have high economic value, then we will be affected. Large landowners will also likely raise the price of land which we contract. In fact, we already have fit with the venue. Moreover, if we also set up a business in that place, then we are in a very weak position. We can not do anything when the landowner asked for the price of the rented land is raised. Even worse is when the owner of the land will not extend the contract again and use it themselves. Herein lies the weakness of the contracted land.

In essence, when we want to hire or buy the land, must be carefully mempertimbangakan impacts both positive and negative. In addition we also need mempertimbangakan financial condition to comply with Traffic us to pay. However, things are more important and can be done before the contract or the purchase of land is to check the completeness of the letter. Make sure that the letters are legitimate and can be used as the basis of the transaction. Make sure also that we are also engaged in transactions with the right person. This is to prevent us from forms of fraud and cheating. In addition, to prevent us from civil legal problems that can ensnare us.

 

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