Villas for sale in Bandung
Today, any foreigner can buy a villa in Bandung. This city is located in the island of Java. It is the capital of the province of West Java and the third largest city in the country, which offers highly liquid property in Indonesia. Surrounded by volcanoes, coffee plantations, and cascading rice fields, Bandung is situated in a mountainous area. With a population of almost 3 million people, it is also known for its universities and educational institutions, which makes it the hub of academic and intellectual activity. There are many cosy cafes, restaurants, shops, and shopping malls.
The local real estate market is currently developing. It features new houses and apartments in Indonesia from developers and options in the secondary segment. Demand for housing here is not focused exclusively on the centre as there are many interesting options in the suburbs.
Nowadays, there are several popular districts to buy a house in Bandung. Buah Batu will suit wealthy buyers. Another attractive location is Arcamanik, featuring mid-range and high-end properties. Here are some of the sought-after clusters:
- Harmoni Sindanglaya
- Permata Tamansari Cisaranten
- AULiv Arcamanik Urban Living
All of these developments feature small comfortable 2-bedroom homes.
In the Antapani district, it is worth noting the Mandala and Andir clusters. The east of the city also offers high-yielding real estate with good appreciation potential. Popular communities here are Cibiru Village and Monte Rosa.
The Ranca Mulya Indah 2 and Gaharu Residence 2 clusters in the south include mid-range and low-end homes. Other sought-after areas include the city’s north and the tourist Dago. If you want to acquire an investment property, purchasing a home in its clusters of Pramestha Mountain City, Villa Tropis Dago, and Valle Verde Villas, to name a few, will be a good option.
Investment house in Bandung
Investing in houses for sale in Bandung is a promising way to save money. You should keep in mind that in Indonesia overseas nationals can purchase real estate with the right of ownership (Hak Milik) only in certain locations and tourist areas. Moreover, they cannot own land. They can either lease the land long-term or obtain a Hak Pakai (right to use) title, allowing them to lease it for 25–45 years, which is renewable for a fee. In addition, the city has a minimum price at which foreigners can acquire housing. A citizen of another country is eligible to purchase a detached home here worth at least $328,000.
Last year, the house price index in the city increased by 6.3%, which should be taken into consideration when buying villas in Bandung as an investment. West Java’s GDP growth rate in Q1 2023 amounted to 5%, which indicates the stable development of the region.
Rental yields now range from 4.06% to 9.20%. The national average is 5.75%, second only to Thailand among Asian countries.
The average rental yield in the centre is 4.82%, and in the surroundings, 5.19%. The owner can always rent out their property to tourists, receiving income from short-term or long-term rentals. People visiting this wonderful haven in West Java are mainly interested in living in private houses in order to enjoy nature and proximity to city attractions.
Depending on a variety of parameters, the daily rent on a house ranges from $30 to $250 and more. The average price of renting a 3- to 4-bedroom villa in Indonesia with a swimming pool, parking, and a private outdoor space is about $2,600 per month.
Villas prices in Bandung
Houses prices in Bandung depend on the size, amenities, neighbourhood, year of construction, and other factors.There are mainly 3- to 5-bedroom properties. For example, a 450 m² mansion with 4 bedrooms, 5 bathrooms, and a swimming pool costs $601,000.
The cost of villas in Bandung with a living space of 475 m² and 5 bedrooms is $776,000
There are also more affordable options available. A small 2-bedroom villa in Bandung costs $246,000.
Check out the catalogue of our website to view current offers and choose the suitable option.
Buying house in Bandung
Our real estate aggregator website will help you find villas in Bandung for investment and living. A convenient search system allows you to save time on choosing and comparing options. You can use the filters to browse offers by price, area, number of bedrooms, neighbourhood, and other parameters. Explore the latest listings collected on one platform and start your search for your perfect home in Java today.