Obtaining finance in Indonesia
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Wed, June 08
Obtaining finance in Indonesia
This article is intended as a brief guide to obtaining property finance in Indonesia.
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Very important information to read:
This article is intended as a preliminary guide only and refers to some but not all elements required to consider in detail prior to starting any property dealings or due diligence. Property dealings are often complex, especially in foreign countries and we highly recommend you seek independent professional advice... read more...
This article is intended as a preliminary guide only and refers to some but not all elements required to consider in detail prior to starting any property dealings or due diligence. Property dealings are often complex, especially in foreign countries and we highly recommend you seek independent professional advice... read more...
Indonesian banks will only lend money to buyers that have 'hak milik' title over their property, in order for the bank to be able to use the property as collateral. Indonesian banks will not lend money to owners that only have 'hak pakai' status for their property.
Therefore, foreigners generally are not able to get loans to purchase property in Indonesia.
The normal term of housing loans in Indonesia is five years.
Read also:
Indonesian real estate glossary
Very important information to read:
This article and the above linked articles are not complete and are intended as preliminary guides only. These guides refer to some elements to consider prior to starting any property dealings or due diligence. Property dealings are often complex areas, especially in foreign countries and we highly recommend you seek independent professional advice... read more...
This article and the above linked articles are not complete and are intended as preliminary guides only. These guides refer to some elements to consider prior to starting any property dealings or due diligence. Property dealings are often complex areas, especially in foreign countries and we highly recommend you seek independent professional advice... read more...
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