Condominium Law FAQs

On the other hand, standard condos are usually equipped with parking space and 24-hour security. Such express consent shall be deemed to have been given by the owner of any condominium in the case of emergency repairs of his condominium unit. The owner of any condominium may remove his condominium from a lien against two or more condominiums or any part thereof by payment to the holder of the lien of the fraction of the total sum secured by such lien which is attributable to his condominium unit. After such transfer or conveyance, the provisions of this Act governing undivided co-ownership of, or undivided interest in, the common areas in condominium projects shall fully apply. Very quiet environment due to Low apartment unit to total land plot ratio.

  • Please enter the dates of your stay and check what conditions apply to your preferred room.
  • Since you share common spaces with other residents in the building, you’ll see your neighbors frequently.
  • A well-managed condominium community typically experiences a 20{dc5599750ff1cc541c2fcfd61e935889d1aa08cfd7ad38e28706e209e37a5525} lower rate of maintenance-related disputes among residents, showcasing the impact of effective management on harmonious living.
  • This includes checking for any damages or defects in the unit, as well as verifying the amenities and facilities promised by the seller.
  • After an unsuccessful search for villas with other rental companies, we found Villas of Bali.

There is also a restriction that at least 25{dc5599750ff1cc541c2fcfd61e935889d1aa08cfd7ad38e28706e209e37a5525} of the units in the condominium shall be sold to ‘buyers in the market’. Nevertheless, it would appear from section 15 of the Condo Law, read together with certain express references in the Condo Rules to the ability to convert state-owned land into condominium land , that state-owned land may be registered as condominium land. This is all welcome news, in particular for the owners of the many developments currently being built under BOT projects. Mirah Investment & Development takes pride in being recognized by prestigious global publications for our outstanding contributions to the real estate landscape in Bali and across Indonesia. Our dedication to delivering ultra-luxury properties and exceptional investment opportunities has garnered accolades and features in renowned platforms such as USA Today, Market Watch, Forbes, South China Morning Post, and FOX. Immerse Yourself in Wellness and Investment at Sunny Wellness SPA Sunny Wellness SPA is a revolutionary project in Bali, unlike anything else on the island.

Riverfront Residences

Whether it’s a modest 40 square meter unit or a sprawling 600 square meter unit, all requirements and budgets are catered for. Also known as “The Island of the Gods”, Bali has long been heralded for its breath-taking natural beauty and its rich, vibrant cultural traditions, so it is of little surprise that it ranks as Indonesia’s number one tourist destination. Home to 4 million residents, and frequently rated as a Top 10 tourist destination for travelers, it has become wildly popular in the last three decades for its high-octane surfing, glorious temples, and amazing sunsets. Narrow down your search from the comfort of your own home with our video tours of hundreds of projects and their units. Condo for sale, consisting of 2 bedrooms and 1 bathroom located at Ubung, Denpasar.

Condo for sale of 15sqm, consisting of 1 bedroom and 1 bathroom located at Duren Tiga, Jakarta Selatan. Condo for sale of 11sqm, consisting of 1 bedroom and 1 bathroom located at Senen, Jakarta Pusat. Condo for sale of 15sqm, consisting of 1 bedroom and 1 bathroom located at Kebon Pala, Jakarta Timur.