Lombok Land for Sale

Lombok offers a unique opportunity to own property in a beautiful tropical island that’s rapidly gaining popularity. Unlike Bali, Lombok is still relatively undiscovered, meaning prices are lower, but the potential for growth is high. Whether you want to build a vacation home, an eco-resort, or hold the land as an investment, Lombok’s natural beauty and increasing tourist numbers make it an attractive option.

Yes, Lombok is considered one of Indonesia’s top emerging markets for real estate investment. With its improving infrastructure—like Lombok International Airport and new roads—tourist interest is increasing. This means that property values are expected to rise in the coming years, offering investors a great opportunity for capital growth.

Lombok offers several types of land for different needs:

• Beachfront Land: Ideal for building luxury villas or resorts.
• Hillside Land: Perfect for eco-friendly developments with panoramic views.
• Commercial Land: Great for hotels, restaurants, or larger developments.
• Residential Land: Ideal for private homes or villa communities.

Each type of land comes with its own unique potential for development or investment.

Foreigners cannot directly own freehold land in Indonesia. However, you can purchase land through a leasehold agreement, which allows you to lease the land for up to 80 years. You can also explore alternative options like setting up an Indonesian PMA company (a foreign-owned company) to acquire land legally. It’s essential to consult with a local legal expert to navigate these regulations.

Here’s a typical process:

1. Find a plot: Work with a reliable real estate agent to find the right piece of land.
2. Legal checks: Conduct due diligence to ensure the land has clear ownership and is free of disputes or debts.
3. Land survey: Confirm the boundaries and zoning regulations with a surveyor.
4. Sign the agreement: Work with a notary to sign the sale or leasehold agreement.
5. Transfer and registration: Complete the registration at the local land office to finalize the deal.

In addition to the price of the land, you should budget for:

• Legal fees: These include lawyer, notary, and administrative fees (typically 2-5% of the land value).
• Taxes: The buyer usually pays 5% BPHTB (tax on the acquisition of land/building rights).
• Development costs: If you’re planning to build, costs for infrastructure like roads, utilities, and water supply can vary greatly based on location.

Some of the most popular areas for land investment are:

• Kuta: The tourism hub with growing infrastructure and international appeal.
• Selong Belanak: Famous for its stunning beach, great for beachfront developments.
• Senggigi: A well-known tourist area with a mix of commercial and residential opportunities.
• Tanjung Aan: Close to the Gili Islands, offering high potential for eco-tourism and resorts.

• Location: Proximity to beaches, towns, and tourist attractions will affect both your enjoyment and the resale value.
• Accessibility: Ensure the land has easy access to main roads, utilities, and essential services like water and electricity.
• Legal clarity: Always check the land’s title, zoning, and make sure it’s free from disputes.
• Flood risk: In some areas, you may want to confirm whether the land is prone to flooding, especially during the rainy season.