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Stop! 7 Key Tips to Know Before Buying a Bali Property
Discover the 7 critical mistakes Bali property buyers often make! A must-watch for anyone looking to secure the perfect investment!
In this episode of the Bali Business Club Podcast, hosts Gawain Blizzard and Omri Ben-Canaan discuss the key factors to consider before purchasing property in Bali—whether it’s leasehold, freehold, or a rental.
If you’re an investor, property enthusiast, or planning to buy your dream villa, this episode is packed with essential insights to help you make informed decisions and avoid common pitfalls.
Why Understanding Bali’s Property Market is Crucial. Bali is a dream destination for property investment, with its breathtaking landscapes, rich culture, and booming tourism. But buying property here isn’t straightforward!
There are unique challenges – like local regulations, noise pollution, water access, maintaining your view and evaluating the neighborhood’s future development plans. Understanding these critical factors before you invest is essential to avoid costly mistakes and ensure your investment stands the test of time.
This episode uncovers these 7 key aspects and helps you navigate the Bali property market so you don’t make a disastrous mistake!
What You Will Learn
In today’s episode, we’ll explore:
– Key Considerations: Discover the 7 critical factors to keep in mind when purchasing property in Bali.
– Government Influence: Learn about government policies and their role in stimulating westward development.
– Neighborhood Insights: Learn how to evaluate your potential neighbors and community to ensure a peaceful living environment.
– Market Trends: Get to know the current trends and future projections in Bali’s property market.
Episode Highlights
00:00:00 – Intro: Overview of the 7 Factors to Consider Before You Buy!
00:00:34 – Omri’s Insights on Property Types
00:01:08 – Importance of Knowing These 7 Points
00:01:52 – Point 1: Your Neighbors!
00:02:37 – Identify Who Your Neighbours Are
00:03:12 – Potential Neighbour Issues
00:04:18 – Point 2: The Perfect Rice Paddy View
00:04:54 – Why Your View Will Disappear and How To Secure It
00:06:07 – “Leaseview” Strategy Explained
00:08:07 – Green Zone Advantage for Property Owners
00:08:46 – Point 3: Noise Pollution
00:09:21 – Risks of Living Close to the Beach Zone
00:10:37 – Impact of Entertainment Establishments
00:11:52 – Point 4: Area Development Plans
00:12:28 – Example of Development Roll Out
00:13:08 – Talking to Locals and Expats for Insights
00:14:11 – Point 5: Historical Data and Projections
00:14:44 – Utilizing Data from Several Sources
00:15:30 – Agent Insights: Challenges and Tips
00:16:30 – Point 6: Water, Electricity and Trash
00:17:20 – Uluwatu’s Water Supply Issues
00:18:40 – Impact of Development on Infrastructure
00:19:20 – Trash Management Options
00:19:55 – Point 7: Community Engagement
00:21:00 – Expat Community Engagement and Benefits
00:21:40 – Advantages of a Strong Local Network
00:22:10 – Closing Summary
Do Your Homework Before Investing
Understanding Bali’s unique property market is crucial. From regulations to community and neighborhood dynamics, being well-informed helps you avoid hugely costly mistakes. This episode covers the seven essential factors you need to know for a successful investment.
Enhance Your Investment Journey
Always get expert insights on legal due diligence, neighborhood evaluation, and infrastructure. Learn everything you need to make informed decisions and secure the best property for yourself in Bali.
Join Our Community
Don’t forget to like, comment, and subscribe for more valuable content! Your engagement helps us grow and fuels the conversation on Bali’s property market trends. Whether you’re a seasoned investor or just starting out, our episodes provide the insights you need to succeed.
How to Invest in Bali Without The Complications!
– Explore More: Delve deeper into Bali’s investment options by visiting The Kedungu Fund.
– Direct Inquiries: For personalized assistance, reach out to us on WhatsApp at +62 0812 4616 2018.
– Stay Connected: Follow us on Instagram and LinkedIn for the latest updates, tips, and insights into Bali’s investment landscape.
Stay Tuned!
Click the link above and immerse yourself in the future of Bali’s real estate. Don’t miss out on future episodes—subscribe and turn on notifications to stay in the loop!
Previous Episodes Worth Checking:
Pioneer Investing: The 3 Golden Rules • Pioneer Investing: The 3 Golden Rules
Bali Leasehold vs. Freehold! The Ultimate Guide to the Hows, Whats and Whys! • Bali Leasehold vs. Freehold! The Ulti…
These episodes will equip you with the knowledge and strategies to thrive in Bali’s real estate market.
Tune in now and secure your place in this exciting real estate movement!
#balirealestate #PropertyInvestment #BaliPropertyMarket #InvestmentStrategies #BaliBusinessClub #RealEstateOpportunities #SustainableDevelopment #TropicalProperty #FutureDevelopments #HighReturnInvestments #BaliGrowth
Summary
Highlights
- 🏡 Neighbors: Research surrounding properties to avoid future issues.
- 🌅 View: Understand potential changes to your view over time.
- 🔊 Noise Pollution: Avoid properties too close to beaches or busy roads.
- 📈 Area Development Plans: Investigate future developments in the area.
- 📊 Historical Data: Know past property trends to predict future value.
- 💧 Utilities: Ensure access to water, electricity, and trash services.
- 🤝 Community Engagement: Connect with local expats for valuable insights.
Key Insights
- 🏘️ Neighbors Matter: Knowing your neighbors and their potential plans can prevent future conflicts or disruptions. Researching is crucial for long-term satisfaction.
- 🌄 Views Can Change: A beautiful view today may disappear with future developments. Buyers should consider how construction trends might impact their property.
- 📢 Noise Control: Properties near the beach or busy streets often face noise issues. Buyers should prioritize quieter locations to enhance their living experience.
- 🔍 Development Awareness: Understanding local development plans helps buyers anticipate changes and avoid unpleasant surprises that could affect property value.
- 📉 Market Trends: Historical data on property prices can guide investment decisions, enabling buyers to make informed choices based on past performance.
- 💡 Utility Access: Confirming reliable access to water, electricity, and waste management is essential, as these factors can significantly affect living conditions.
- 🌍 Community Connection: Engaging with local communities, especially expats, provides valuable insights and support, making the transition smoother for newcomers.
Transcript:
00:00
So Bali Business Club, here we are again with Omri Ben-Canaan. Hi. And today we’re talking about the seven factors that you have to take into account when acquiring leasehold or freehold or long-term rent, rental, everything. Or villa or anything, or anything, basically. So like Gawain said, today we’re going to talk about those seven points. We made that list this morning, so hopefully we didn’t forget something. And it’s also so intuitive. If you’ve been living here for a couple of years, you know these things naturally.
00:34
But if you haven’t been, these are the most important things to take into account. And so unique to Bali also. So this is a must watch episode if you’ve been living here for under a year, this is a must watch. So yeah, over to you. All right, well, let’s do it. All right, guys. Hi again. So today, the seven points that you must factor in when you acquire a property in Bali, property being a bare land, like an empty piece of land, or it can be a villa. It does apply to, I guess, all of this apply to any kind of property.
01:20
So seven points. We’ll share that as well. Let’s read them, yeah? So point number one, the neighbors. Point number two, the view. Point number three, noise pollution. Point number four, area development plans. Point number five, historical data and projections of those data. Number six, water, electricity, trash, etc. And point seven is community engagement. Okay, so let’s now dive right in, go point by point. But before we start with point number one, let’s talk about the obvious, which is the
01:55
notarized. I mean, the due diligence made by the notary. Legal due diligence. So we didn’t put it in there because this is, you have to do it anyway. This is the most obvious thing that you must do. So includes the zoning, making sure the certificate is okay. The, what else? The land, the area, the borders. The neighbors, there’s all bunch of factors that the notary will check that the certificate is not as collateral in the bank because that happens a lot. I’ve had experiences, which were not bad
02:35
experiences, but where the bank dude actually comes with the certificate in hand at the signing and only releases it when it’s signed. And when the money is transfered. Yeah, yeah, yeah. Interesting. But anyway, there’s a good podcast to watch with, Semilir, the notary, on the technical side of things. So this is more like a soft diligence, as in what you should do yourself to make sure that you’re buying the right land in the right area. That’s what’s not in the book. Yeah, it’s not in the book.
03:09
Yeah, exactly. So that’s from experience and what you should know from our experience. Okay, so point number one. So due diligence is before, yeah? This is obvious. Technical due diligence. Yeah. Yeah. Legal. Legal. Legal. Boom. Legal. Here. Okay, let’s go point number one. Neighbors. Yeah. Love my neighbors. Why is that right there? Yeah. Why? Okay, so let’s take the example of the land. And right now in Kedungu, for example, there aren’t so many things developed, built. So it’s very important to
03:51
interest into developing the tourism. This tourism industry in Indonesia. Why? Because it’s very, very far behind other countries. It’s only I think half of the one in Singapore. Singapore which is like big like this, Indonesia is 5,000 kilometers long. It’s nowhere near a country like France where I’m from, which has like 100 million tourists per year. I forgot the exact number in Indonesia, so I don’t want to say wrong numbers, plus the change every year. But like I know in Bali this year is a million, which
04:25
So… As opposed to community. Understand. Also, a banjar would know those kinds of things. Yeah. Community active viewer, we’ll get to that. Sure. So understand what’s going on around you, basically. So is your neighbor someone who has already a plan to build a two-story building, for instance? Or is your neighbor… And by neighbor, it doesn’t have to be human beings. It can be businesses. It can be forests or rivers or… We wrote neighbor. It’s like neighboring stuff. Yeah, basically. So if you have a river next to your land, for
05:08
instance, it’s important to know what’s happening with this river. When the rainy season comes, does it overflows? Does it stay as is, for sure it’s overflows. They all overflow. What’s happening usually when you have a river, so your land is like this and the river is here and then you have another land here. In most cases, what’s going to happen there? Does this land have an access? Who in your neighbor’s… In your neighboring land, who has an access? And that brings us to point number two, which is the view.
05:44
So let’s talk about.. Well, just before we jump on, so neighbors could be good, as in it’s very residential. They’re settled. They’re really developed. You know who they are. And neighbors could be extremely bad, as in you could end up with a massive either a beach club, which I suppose we’ll get to here, or some big hotel or construction, and right in front of your view. The biggest risk is people building up and building noisy stuff. That’s the biggest risk, yeah? So it’s view and noise. Yeah, which is point number two and number three.
06:17
Yeah, well, there you go. One, two, three. Oh, there you go. There you go. I think that’s why I put them in that order. That does make sense. Yeah, yeah, yeah. All right, point number two. So the view. Everyone in Bali, me included back in the day, not anymore, I was like, “Okay, I’m in Bali, I want an amazing view, the rice field, blah, blah, blah.” Yeah, sure. That’s great if you buy a land in Munduk or in a Sidemen or whatever, yeah? If you buy along the coast here, don’t think about the view, or at least understand that
06:48
you will lose it at some point. It’s not an if, it’s a when. So if you look at areas like Seminyak, when I came into Bali in 1994, Seminyak was a giant rice field. There was a couple of streets, yeah? Jalan Legian and Dhyana Pura was already a rice field, still, Jalan Gado Gado, Dhyana Pura. So nobody would have thought that it was going to be overbuilt. Like right now, there’s only one piece of grass in Seminyak. So and Canggu is the same. And Canggu still have a little patches of rice fields here and there.
07:27
There’s the new road behind the shortcut, Canggu shortcut that goes to the Pepito in Batu Bolong, in the back street. It’s pretty handy. Lots of rice field there. Mark my words in one year, you don’t see any more grass. For sure, there will be a little bit in between the houses, the developments, but the main street will be covered with businesses. Yeah, when I first moved here, that was my first mistake I made. I was always trying to find a rice paddy view. Yeah. And then I would be destroyed with construction
07:54
right in front of me and I had to move again. So there’s a trick, actually. I didn’t think about this one. when I wrote this, but I let you in a second. So it’s very important to understand that your view is not here to last. So what does that mean? That means when you do your architectural plans with your architect, you can do a house that’s open with, you know, full of fresco living inside, outside, over or something. Yeah, the overflowing pool, infinity pools, actually. The infinity pool with a beautiful rice field.
08:27
Okay, great. Do it. But understand this, that when someone and someone will build, not maybe not in two years, maybe in five years, ten years, twenty years, whatever, there will be a whole year. So your plans have to also work with potential construction around the house. So it’s very important. So that’s about the view. So in Kedungu, I’m very active in Kedungu. There are lots of amazing views. I myself have some land with views. I make for the villas that I build, I always make usually a glass wall where the view is
09:05
and eventually we’ll build a normal wall when someone builds in front, you know. Even in front of Green Zone. Green Zone tend to, I mean, it’s very, tend to become yellow very quickly in Indonesia, yeah. Okay, so the trick. I did that once and I was lucky. But what I did, it was in Tumbak Bayuh, maybe a few years back. What I did is I acquired a piece of land, it was seven are, I remember. I paid very cheap back in the day, four million per are. I was just before COVID I think. And now it’s like way more.
09:42
It’s a nice area actually. Yes. I love it. And what I did is I also, I did what’s called a lease view. So I went to the owner of the land in front who didn’t have an access. Well, access was very complicated. So I saw, okay, there’s a good chance he accepts my deal. Access is actually probably something we should touch on also because that’s a very foreign thing to buy after. Access is part of the legal diligence. What is it and how does it work? What I did is I had my seven are plot and what I
10:14
did, I went to see the owner with my neighbors and we leased from him 40 are, so 20 each, of land for a period of 30 years. My deal was 30 years, about one million per are per year. Oh, wow. Just to maintain the view. Yeah, just to maintain the view. Eventually we ended up paying way, and there was an installment on 24 years. That was ridiculous. So, and eventually we decided, okay, we just pay we just pay everything at once, so we paid like 200 millions, or something like that. Yeah, so that’s a good thing.
10:47
And what I did at some point, instead of looking for land that were buildable, I was looking for green zones. And whenever I see a land that I, whose view, which were my view, I will look at the land on the buildable side and try to get it. And that way, so you get a land as a normal price, and then you get the green zone for super cheap and you can extend your garden. You can do a bunch of things. Because of view, you just protect your view. Yeah, that takes your property price up to the next level.
11:25
If you can maintain your view for the next 10, 15, 20 years. You keep the view and you can use, it’s almost like your property. You can use, it is your property. You go and notarize it. It is a compo. But yeah. So, yeah, it’s a great way to have a massive garden as well. Okay, so that’s the view, noise pollution. So this is a killer. This is a killer in Bali. You’re not going to like what I’m going to say now. Everyone that comes to Bali say, I want to be next to the beach. That’s the biggest mistake you should, you will do.
11:58
Do not go next to the beach. I mean, it depends where in Bali, of course. I’m talking here about the coast, Seminyak, Canggu, Pererenan and so on. Even more up the coast. So what is the coast? Would you say, what, 200, 100? Okay, let’s say why first. So if you go close to the beach, you feel, first you will pay more expensive. The price of the properties are more expensive near the beach. In Kedungu, at the moment, I’ve seen some 17, 18 million rupiah, not far from the beach, whereas you can find like 11, 12, 13, a little bit further
12:34
in Bengkel, for instance, which is perfectly fine. So first, ypu will pay on the price of the land. And secondly, right now, Kedungu is very quiet, or Seseh or Cemagi. But beach clubs will come the same way as you will lose your view. You will lose your sanity. Yeah, you will lose your sanity. And there is no things like regulation, police coming to turned it. Forget about it. So it’s very important to understand. I mean, look at the, in Berawa, for instance, before, not even 8, like five, six years
13:16
ago where Finns and Atlas. It was all residential. It was all residential. And when Finns existed before, Finns was a villa before. Oh, really? Yeah, a big villa that was transformed into a beach club, yeah? Wow. And Atlas, there were a few villas and there were all the little beach bars that were so cool, the Brekele, not the match, I forgot the names anyway. So all these places were up, bought up by Hotman Paris, or whatever his name is, and they did the Atlas. Imagine living in a house, in a villa, next to Atlas.
13:54
Actually, there is one. If you go into Atlas and you go to the very end and you look over at the fence. There’s a massive, beautiful villa. Massive. Maybe 50 are or something. Oh, wow. Nothing in there. Empty, because it’s too much noise. I went to Cafe del Mar. I went to visit a villa next to Cafe del Mar on the other side. Showing Cafe del Mar looking at the ocean. You have the river here and there’s a villa here, an old school Seminyak villa style. Yeah, like a hotel. And when the beachfront was super cheap, yeah?
14:29
So maybe almost one hectare. And I talked to the maid. So the agent went, “Amazing, villa, blah, blah, blah.” The villa is amazing. You look at it, it’s like, “Wow.” And then I talked to the manager and go like, “No.” 3am, you’ll be… Yeah, no, it’s 3am. Like 6pm is finished here. The noise is crazy. You can’t live in there. But that doesn’t even… I mean, it’s not even the big clubs you’ve got to worry about. It’s just like a normal bistro, like a restaurant. Yeah, yeah, yeah. But a vibing restaurant can open up.
15:00
I mean, the clubs is the most scary thing because they put the decibels. But if you go right next door to live music or karaoke or something, you’ll also be dead. You’re dead, yeah. Not too close to the main roads. So my land where I’m building my villa is a bad example in Kedungu next to Salty Cowboy because it’s like right on the thing, yeah? But don’t follow my example. You’re going to build right back off the road, no? No, I’m going to make some buildings in front like commercial and then the villa back here
15:33
with a big… It’s quite a big line, it’s 14 are. I’ve had a bit of a setback here, hopefully, you know. Okay, so noise pollution, yeah? Don’t go too close to the shore because even though it might feel more attractive to be close to the beach, it might destroy entirely your sanity and your business if it’s a villa that you build for business or… But also like a main commercial road, something to look at, just be careful because there will be restaurants and bars. Yeah, absolutely. Going to be in the second line or third line
16:05
behind the road, at lease, because it’s noisy. Pererenan When before we move the offices here, that little house, in front of our parking. That was my house And I used to be upset when I heared one bike. Per day. Now, it’s crazy. That poor guys that have the white villa on the road next to Wasabi. I don’t know what’s happening to them. Okay, so point one, two, three, we just saw that. So let’s go to point number four, area development plans. So choose your area contingent on what you know about what is going to happen next in
16:51
that area. In places like Canggu, Seminyak, whatever, it’s already too late, I want to say. It’s already done. I mean, it’s already fully developed. There’s construction everywhere. There isn’t a plan. It was on a plan to start with. There isn’t a plan now. So there won’t be bad surprises there. The only bad surprise is this one that will not be close to the beach. But like in line, if you live next to Black Sand, I wouldn’t want to be next to Black Sand I love these guys. I love the Black Sand owners, Atlas owners, and
17:26
Finns owner, is.. A good friend of mine Yeah, you don’t want to live next to these guys. So you have to understand how it’s going to develop. So then we come back to what you just said, sir, the main street. Okay, so if you look at Batu Bolong, for instance, Batu Bolong, maybe like five, six years ago, you would have said, okay, I’m not too close to the ocean. I’m fine. Yeah, but Black Sand is not next to the ocean. Black Sand is like two kilometers in, maybe three kilometers in, yeah. And I’m sure there’s a lot of people that had
17:59
properties around in the middle of nowhere, and then suddenly some big nightclub opens. Well, yeah, I mean, in that case, it was a good time to sell also because it’s… Yeah, who’s going to buy? Well, commercial, you know, and F&B It’s harder. It’s harder. So very important to know what’s going on. But how do you know it? You got to search, and talk to people. So this one. Yeah, we come back to this one after. But I really had an open plan to talk to local people on the ground, not only local as the
18:39
Indonesian local, but foreigners also that live there, like expat that lives there. Or, you know, I mean, anyone can give you some… Just phone Omri, We’ll put his number at the bottom. For one minute. My number is two. Okay. So, I mean, Kedungu is very important to know what the plans are. Okay, look, example. Kedungu, I think everyone is interested to know that there’s going to be a school there, right? Because this is a game changer for the area. This is a school that we are developing there.
19:08
It’s being built right now. So that’s a huge game changer for the area because it means you can bring your kids. It means probably what’s around the school won’t be night stuff. It would be more like, you know, shops and cafes and stuff. So those kind of things. It’s important. And for foot fall. I mean, kids get picked up daily to and from… It’s a lot of foot fall for the area. Yeah, exactly. Yeah. All right. So that’s number four. Let’s try to keep it short. Number five, historical data projections.
19:43
So that’s more on a… If you’re building your dream villa and you’re going to live in it for the rest of the life, that doesn’t really matter. But if you’re… It always matters, but not as much as if you have a business or if you want to run to make your villa a business, if you want to do some AirBnB, or if you want to rent it for a longer term or whatever, it’s important. Or if you want to flip it, if you want to build a house or not build a house, you just want to land bank. And it’s important that you understand where you
20:15
come from and where it’s going. So we have… And I think they’re on The Kedungu Fund website. You have data from different areas. I think we have Berawa, Batu Bolong, Pererenan, right? So you can see the different areas and the price points for a result for a leasehold for commercial and residential in the past five, ten years. I know that most good property agents will not have that data information. Like the… All the agents have that, unfortunately. And also we talked about that, don’t trust all the agents.
20:54
They will tell you what you want to hear. Love you guys, but the agents, I mean. Be careful. Okay, so important to know, for example, if you go to Kedungu today and someone will tell you, “Okay, the price is 13 million.” You have to understand how it got to 13 million. So a year ago it was 5 million, so it did almost two and a half X in one year. And it will get… In one year it will do another 2X or something like that. So it’s important to understand that data to apply to your business so you know what
21:29
your bottom line is going to look like in one, two, three, five years. So that way you can make a plan, you can say, “Okay, I’m putting $100,000 down now, and that $100,000 is going to look like it’s going to become $250,000 in so many years. And with that money I’m going to buy this and that,” and so on and so forth. So you make like a 10-year plan. It’s a time and plan. Yeah, exactly. All right, point number six, water, electricity, trash. Also a big topic of contention at the moment, some of these factors, mainly down south,
22:08
but problems– can be problematic. So we put that, especially to talk about water on the Bukit. So the Bukit is the peninsula that’s attached to the main… It’s Uluwatu really. Yeah, it’s south of Bali, the little put in the back, in Uluwatu. Surfers love this place. So the Bukit doesn’t have water. Plain and simple. If you want to have water, you have to dig the height of the cliff, sometimes 100 meters or more, and then you have to dig more to get some water. Well, Bukit means mountain. Yeah, Bukit means mountain.
22:49
Yeah, so getting water fundamentally on a mountain is not an easy thing to do. So they have to truck it in. Yeah, there are some how do you call it, plates? Yeah, water plates. Water sources and water plates. Like pools of… But on the Bukit, you won’t find it. So what happens then? And we come back to this example. Bukit is a very good example. So there’s no water. So the only way you can get water is by buying it. So if you buy it, then bring it by trucks. And the system works perfectly fine.
23:28
You can get you water every month or two weeks or whatever. The problem with that is that the more development there is, the more water is needed, the more trucks are on the road. And those roads are not getting any bigger. No, and the trucks are getting a lot more common. I was there last weekend. It’s chaos. It’s just full of water trucks, and it will be way more than now in one, two, three years, because people are just going to Bukit. And it’s dangerous. I mean, those trucks fly down those roads,
24:01
mountain roads, and they’re all full of water. And they’re just… Yeah, I don’t want to be one of them. I don’t know one of them. So that’s something to consider. So in the Bukit, the water is linked to the area development plans. Is it possible to build a metro in the Bukit? It’s not possible. We know that. So it can only go up to Jimbaran or Nusa Dua on the left, on the right, if you look at the map. But it cannot go inside the Bukit, where Uluwatu, Bingin, Melasti, Pandawa, whatever. Impossible.
24:36
So it can only be above ground transportation. And right now, and we know by the above ground transportation or not, are never getting better, or really, there’s no room to build a Sunset Road on the Bukit. So those roads are going to stay like that. So I’m sure they will have time to come with boats. And there’s already the company GoBoat that’s going to Uluwatu from Canggu. I think one sunk. Small stuff like that. Few sunk I think. So water, electricity. So electricity is pretty easy to get as long as
25:15
you’re not too far from one of the PLN post. PLN is the Indonesian National Electrical Company. Trash. Trash. That’s a big headache. It’s not such a big headache. It’s …? such a big headache. If you want to do it the right way, it’s a headache. If you don’t care about the trash, and you don’t care about the planet, and you’re not recycling, you go you call Bumdes. It’s called Bumdes. B-U-M-D-E-S. And they’re affiliated with government. And they are the one that will come and pick up your trash.
25:48
So yeah, if you don’t want to recycle, then it’s Bumdes. They’re not recycling. But it all just goes down to the dump in Ceningan. Yeah. Landfill. So I don’t know. It goes to somewhere. You don’t want to know. But there are other companies like EcoBali, for instance. There’s a few others. These guys are doing an amazing job. But sometimes, like for example, in Pererenan, Bumdes has the monopoly of trash. They signed agreement to have the monopoly of trash. So it’s completely outrageous. So if you, for example, I don’t do it, but my
26:25
neighbors were crazy recyclers. So they have a company that takes their trash out of Pererenan. And then Bumdes, pick it up. Or they go directly Bum–. Not Bumdes, sorry, EcoBali Yeah. It’s a bit too much for me. Anyway, so yeah. And then seventh point, we added it because we think it’s not a deal breaker. It’s something maybe you want to look into. Some areas have a very strong and a very tight-knit community, mainly around expats. We are addressing our viewers now. Well, Banjar,is a community itself, and it’s also–
27:13
Yeah, I’m talking community, expat community. So for example, in Pererenan, we have WhatsApp groups, multi-subgroups, whatever. There’s like 750 residents are in the group, so it’s very easy to communicate with one. Everyone is on the group. Banjar is on the group. Desa is on the group. All the government officials, Banjar means city owner. All the government officials are not all, but many are on the group. So it’s super easy to communicate. And it kind of like bridge the gaps between the local community and the expat community.
27:51
It also keeps everybody very well aware of all these other things. Exactly. And it’s helpful. Absolutely. Absolutely. So you can– it’s important. I thought it’s nicer to be in an area where you have a strong community. So you can get help for some stuff. People can give you advice on other things, like don’t buy there, or buy there, or this guy’s a douche. Or whatever. Or is there coming in some– Exactly. You’ll get a lot of information from those guys. So it’s important. And I know that– I know people are part of the
28:29
process as well, but like in Kedungu, for instance, and in Pererenan. But we got a lot of people– I mean, there’s a ton of valuable information in those communities. So talk to people that live there, whether they are local. Or again, we talked– we said that earlier, whether they are local or they’re expat, probably easier for you guys to talk to the expat, because I’m guessing a lot of our viewers are expats. But it’s important to talk to everyone. Try to get various information from different people.
29:02
Don’t believe this one dude. Believe the– a few of them. So yeah, well, that’s it. I think I covered things off. I think we have– I mean, it’s pretty interesting. I’ve been talking to you, as I said, if you’ve been here a long time. But really essential. And especially these kinds of things. Just to know– because you can make a really big mistake. You get you overexcited. You got a little bit of money to spend. You buy a villa, and it’s just a disaster. And a lot of pain and suffering involved.
29:35
I think if you go through these points, I mean, you probably won’t be able to cover all of these points. There’s always a little bit of gray area here, gray area there. You might not know the community. But at least you have that in mind. You have a little roadmap where you’re going to have– OK, so the view, check. Due diligence, of course, check. Neighbors, check. Noise pollution. So it gives you an incentive to think about things a little bit outside the box, and that you may not have thought about–
30:11
If you you don’t watch that podcast. So I hope that helps. And don’t forget to subscribe if you like what we talk about. And feel free to write to us if you have some questions about– or some topic– yeah, some suggestion on topic that you would like us to discuss in our next podcast about. We’d love to hear from you. And comment below. Share. And see you next time. What’s our next one about? Oh, if only I knew. If only I knew. A golden nugget, I think, next time. So keep your eyes out for that.
30:53
And subscribe below. And we’ll let you know. And perhaps the next one, we are in our new studio. So we are building a state-of-the-art podcast studio in two rooms from here that costs us a lot of money. I hope it’s useful. And hopefully, you will enjoy and like the surrounding. We will a lot more than standing– We will. But standing in my office. Thank you, guys. Thanks. Bye-bye.