Properties for sale in Surabaya

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Property in Surabaya

Real estate for sale in Surabaya, whose prices you can check out on our website, can be bought by foreigners. It is a lively city in the eastern part of the island of Java in Indonesia. Being the second largest metropolitan area after Jakarta, Surubaya has a developed infrastructure and remains a popular tourist destination. Buying real estate in the city can be a great option if you are planning on relocation or investment.

Surubaya is an actively developing metropolis with a rich cultural heritage, beautiful nature, and numerous attractions. There are many interesting places to visit in the city, including:

  • Bromo Tengger Semeru National Park, which is known for the landscape created by active volcanoes.
  • Suramadu, the longest bridge in Indonesia. Its length is 5.4 km.
  • Chinatown, famous not only for numerous ethnic markets but also for Buddhist temples.

The city has everything you need for a comfortable stay: hospitals and schools, shops and supermarkets, and cafes and restaurants.

Real estate in Surabaya is easy to buy as property hunters are offered a wide selection of properties for sale. The old part of the city houses mostly colonial-style buildings, while in other areas there are many high-rise residential complexes where you can buy apartments with a different number of bedrooms. Townhouses and detached houses in Indonesia are also built in various architectural styles, from a classic design with Asian touch to a modern style. You can buy an off-plan or resale apartment in a condominium or a villa.

Property prices in Surabaya

The average property cost in Surabaya is $143,000. But this does not mean that all urban real estate has a similar price. The cost directly depends on the specific unit, its area and amenities. At the time of publication of this post, the average housing prices in Surabaya are as follows:

  • a 1-bedroom apartment can be bought for $100,000;
  • a 2-bedroom apartment costs $130,000;
  • a 3-bedroom residences are offered for $170,000;
  • a 4-bedroom villa can be purchased for $270,000.

More spacious units are sold in the middle price segment from $300,000 to $600,000, but this is far from the upper limit. When browsing through property listings in Surabaya, Indonesia, you find high-end properties at a price of $1.5–2 million. With this price tag, you can buy a mansion with an area of 2,500 m².

Investment property in Surabaya

You can buy an apartment in Indonesia for investment, living or consider it as a buy-to-let option. For many foreigners this can be a great option to invest money safely. When buying overseas real estate, you can profit from its resale. Housing in Indonesia is steadily growing in price, which ensures the capitalization of value. In this case, we recommend considering off-plan residential projects. In Surabaya, the cost of housing at the early stage of construction is several tens percent lower than after its handover. You can also rent out a house and get a stable rental income.

Buying property in Surabaya

Our real estate website offers an ultimate collection of property listings from trusted developers and real estate agencies. We daily update the property database to ensure you the latest deals with up-to-date information and real-time prices. With our easy-to-use search system, you can set filters to sort property listings by various parameters so that you can find your ideal property in Indonesia in no time. To buy real estate in Surabaya, you just need to find the best offer and contact our our team.