Villas for sale in Medan
Buying villas in Medan is available not only to locals but also to foreigners who are interested in investment or a home to relocate. It is a large city in the north of the island of Java, which is part of Indonesia. It is located in the province of North Sumatra and is the fourth largest city in the country. Medan has a rich history and cultural heritage and is the region’s economic, commercial, and educational centre. It is home to many attractions: historical buildings, cathedrals, mosques, museums, parks, and vibrant local markets.
In 2022, the 10 most popular districts to purchase villas in Medan for investment and living were identified. The most sought-after location is M. Helvetia. The demand for real estate here is 16.62%. In second place is M. Selayang with 12.22%. In many ways, its high position is due to its convenient location in the downtown. The top three is rounded out by M. Sunggal. The district is home to many commercial facilities and government offices. Housing is mainly in the premium segment. The demand here reaches 11.92%. Popular communities are Mentari Jasmine and Bima Setiabudi Ringroad, featuring spacious landscaped areas and 24-hour security.
Johor accounts for 11.11% of the demand. Here, unlike the previous district, you can acquire inexpensive housing in the economy segment. M.Kota, with a demand index of 6.90%, is the centre of the city, and, therefore, real estate is in great demand here.
Another promising district is M. Amplas with a housing demand index of 6.8%. M. Tembung (6.64%) is one of the most densely populated neighbourhoods in the city. However, here you can also find available real estate for sale—comfortable and at fairly affordable prices. One of the most popular complexes is Bintang Saudara Residence.
Marelan, located 16 km from the downtown, is considered by many to be the ideal place to live. The housing demand index here is 4.39%. Developers are paying close attention to it. One of the latest projects here is Royal Marelan with villas and houses. Many residential developments have private swimming pools, gardens, playgrounds, and sports grounds. This is a good place to live a tranquil family life.
The top 10 most popular areas also include M. Timur in the eastern part of the city and M. Denai, located near the iconic landmark, the royal Maimun Palace. Demand in them is 4.03% and 3.65%, respectively.
Investment house in Medan
Property in Indonesia is a new avenue for investors. This is an emerging market, which has relatively recently begun to lift restrictions for foreigners, so now is a good time to purchase a home here. You can consider condominiums, houses, villas, and apartments in Indonesia.
There are multiple reasons why investing in houses for sale in Medan will be profitable:
- Java, where the city is located, is the most populated island in Indonesia and one of the most densely populated regions in the world. It is known for its rich cultural heritage, impressive nature, volcanoes, rice terraces, and beautiful beaches. The island attracts travellers and expats from all over the world.
- Medan is the third largest city in Indonesia and the economic centre of North Sumatra. The region continues to develop, which will contribute to the growth of property values.
- North Sumatra is a sought-after tourist destination. Once you have bought a house, you can rent it out short- or long-term. Investing in housing will be a stable source of income.
- The city shows good economic growth, standing at 4.71% in 2022. If you buy a house in Medan, you will make a long-term investment in a highly liquid property.
Villas prices in Medan
When purchasing a villa in Indonesia, it is important to keep in mind that the country has a minimum price threshold for foreigners in each region. The cost of villas in Medan must be at least $197,000, which is much lower than, for example, in Jakarta or Bali. This means that the potential buyer can choose from a wider range of properties.
Houses prices in Medan depend on:
- living space area and number of bedrooms;
- neighbourhood;
- year of construction;
- equipment and amenities;
- number of storeys and other parameters.
For example, $490,000 can get you an off-plan premium villa with 2 bedrooms and 2 bathrooms. The 114 m² home is sold unfurnished and has electricity connected. It features a plot of land and parking.
A ready-made 325 m² villa in Medan with 4 bathrooms and 4 bedrooms sells for $268,000.
A rather modest but spacious 120 m² house with 5 bedrooms and 5 bathrooms is priced at $229,000. There is a private land plot and 2-car parking.
Buying house in Medan
Use our real estate aggregator to explore listings from multiple sources all in one platform. Our website contains offers from trusted developers, agencies, and individuals, so you can be sure that your choice is safe. You can compare prices in euros and dollars and use convenient filters to buy a villa in Medan that meets all your wishes and budget.