Unit - Purchase Lease

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Rob Groot New member

Member since 21 November 2022

Rob GrootNew member21 November 2022 23:23:06

Hi Everyone

great to meet you All (... granted virtually)

thank you so much for all your info to date ...things do change in Bali / Indonesia

it is now the latter part of 2022 and I am looking at "leasing" a Hotel Unit for 30 years with a 15yr option.

the plan is to travel between here and Bali and eventually retire there.

The room will be let out as a hotel room when I gain revenue

I would like someone to look at the lease arrangements and tell me am I being done-over ( is a polite way of saying it )

I really appreciate your help Everyone

thanks

Rob

Fred Indonesia Expert

Member since 02 August 2009

A smile is the universal welcome.
Max Eastman

FredIndonesia Expert22 November 2022 12:16:31

28522

It might well be possible to find a hotel willing to lease out a room on a long term basis, but would they be happy at you sub-letting?

scouser59 Contributor

Member since 15 December 2018

scouser59Contributor22 November 2022 21:30:17

153

@Rob Groot Be careful in your selection ,hotels dont last long in bali , bankruptcies are common here , get a good lawyer here before you pay over 1 rupiah .

Rob Groot New member

Member since 21 November 2022

Rob GrootNew member27 November 2022 23:16:20

@scouser59

Thank you kindly for the advice (...and warning)

cheers

Rob

Rob Groot New member

Member since 21 November 2022

Rob GrootNew member27 November 2022 23:17:02

@Fred

thanks Fred for the advice

cheers

Rob

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