FAQs
This can be on a Dutch bank account or on an Indonesian bank account. Customers who purchase a villa from us are assisted by us in opening an Indonesian bank account.
You are obligated to declare foreign investments to the Dutch Tax Authorities. In the Netherlands, rental incomes from abroad fall under your Box 3 wealth.
Yes, this is possible. This can be done through us or by selecting a real estate agent yourself.
If you are interested in a villa in Bali, please contact us to see if one of our projects appeals to you.
At the moment, we focus entirely on the Uluwatu region. This is the southernmost part of Bali and is characterized by its wild vegetation, cliffs, and white beaches.
The main advantages are the high returns, short construction period, and low investment costs.
We do this not entirely by ourselves but in collaboration with our partner House Of Reservations.
These range between 18% and 31%, depending on the type of villa and the location of the real estate.
We support in the entire purchase process and all legal matters involved. We also guide in the invoicing process between the Netherlands and Bali and handle the project management from the entire construction to completion.
We work with a step-by-step plan.
Step 1: Luma conducts the full due diligence of a suitable piece of land and chooses the architect and contractor.
Step 2: Handing over investment paper and designs.
Step 3: Signing the development agreement.
Step 4: Purchase land via the notary in Bali.
Step 5: Start payments of construction terms and project management fee.
Step 6: We introduce customers to interior architect Kamu Concepts.
Step 7: Interim reports.
Step 8: Completion.
Step 9: Setting up villa management, including banking matters.
Step 10: Villa ready for rental.
Yes, there are. We conduct extensive due diligence together with an expert to assess whether the purchase of the land is legitimate and complies with all laws and regulations. Here, we collaborate with Kleijn Consulting, based in Bali.
We collaborate with local contractors and use local materials in interior and exterior. We encourage waste separation by applying waste separation in our villas. There is also the possibility to install solar panels.
Yes, you can. You just do not become the owner of the land but lease the land for a period of at least 25 and a maximum of 35 years. After this period, you have the first right to renew this.
The villa is insured throughout the entire construction period. After completion, you will have to take care of insurance yourself. This can be done through Allianz. We can mediate in this for you.
Via the contact form on the website or send an email to info@lumavastgoed.nl. info@lumavastgoed.nl
We have a portfolio of successful real estate projects in Bali, see the references on the website or ask for a brochure.
It is not possible to get financing from the bank in Bali. We work with an annual interest-free payment plan from the start of the construction phase until after completion.