In the world of foreign island real estate, it would seem to be distinguished diametrically opposite directions that cause interest and find their fans in the person of tourists, immigrants and investors - Northern Cyprus and Bali . Both regions offer attractive conditions for relaxation, life and investment, but their unique differences can significantly affect the choice. What is the infrastructure and standard of living? Where is it more profitable to rent or buy real estate? How developed is the level of education? What is more reliable from a legal point of view? Where is the higher profitability and the market is more stable? We analyze all the nuances based on real data!
📍 Geographical position and climate
🏝 Bali
- One of the 18,000 islands of Indonesia.
- Square: ~ 5 400 km².
- Climate: subequatorial, temperature all year round +26 ... +33 ° C.
- Seasons: Rainy (December-February) and Sukhoi (March-Noveabr).
- Tour flow: 6.3 million foreign tourists in 2024.
🇨🇾 Northern Cyprus
- Part of Cyprus occupied by Turkey, the UN is not recognized.
- Square: ~ 3 300 km².
- Climate: Mediterranean, temperature in winter +10 ... +18 ° C, in summer +30 ... +40 ° C.
- Tour flow: ~ 1.5 million per year.
🏆 Conclusion: if a stable warm climate is important to you - Bali is better. If the European climate with different seasons is comfortable - northern Cyprus.
📜 Legal nuances of real estate ownership: Bali vs. Northern Cyprus
📌 How can foreigners own real estate in Bali and Northern Cyprus? We analyze all the nuances!
| ⚖️ Legal aspect | 🇮🇩 Bali | 🇨🇾 Northern Cyprus | 💡 Comments |
|---|---|---|---|
| 🏡 Full land ownership (Freehold, Hak Milik) | ❌ prohibited for foreigners | ✅ Available (1 denum (1.338 m2) on a foreigner | 📌 on Bali the land is owned only by the citizens of Indonesia |
| 📜 Long -term rental (Leasehold, Hak Sewa) | ✅ The main option : 25-30 years + extension | ❌ It practically does not meet | 📌 on Bali the land is drawn up with the right to transfer to the heirs |
| 🏢 ownership through the company (PT PMA, HGB) | ✅ Available (up to 80 years) | ❌ Not required | 📌 At Bali, foreigners can own land through PT PMA (company with the right to build) |
| 🏗 Buying an apartment (Strata Title) | ✅ Available (in official condominiums) | ✅ Available (1 object per person) | 📌 at the Strata Title Bali - the only form of full possession of housing |
| 🚧 Purchase restrictions | ⚠️ Earth - only for rent or through company | ⚠️ near military facilities - prohibition | 📌 In 2024, 80/20 quotas (80% of housing for Cypriots) |
| 🛂 residence | ❌ Inaccessible | ✅ You can get it | 📌 In Cyprus, buying real estate gives the right to a residence permit, on Bali - no |
| 💰 taxes on purchase | 🔹 VAT 11% (included in the price) 🔹 Notarial fee 1-2% | 🔹 Certificate of 0.5% 🔹 Title translation 6-12% 🔹 VAT 5% | 📌 In Bali and Cyprus, taxes are fixed |
| 💸 taxes on sale | 🔹 10% of the transaction amount | 🔹 4-6% of the difference in price | 📌 In Cyprus, the tax is charged with the difference between the purchase and sale |
| 📑 Design of transactions | ✅ Notary + due diligence | ✅ Only through a lawyer (always from 2024) | 📌 In both cases, a legal verification is needed |
| ⚖️ Protection of the rights of the owner | ⚠️ Leasehold requires annual confirmation | ✅ Full -fledged protection of the owner's rights | 📌 In Cyprus, possession is preserved throughout life and is inherited by inheritance |
| 🔄 Real estate reselling | ✅ Possible, but with taxes | ✅ Without restrictions | 📌 leasehold on Bali is more difficult to sell than Freehold in Cyprus |
| 🏗 Building restrictions | 🚧 Maximum 19 m of buildings height | 🚧 Strict construction checks | 📌 Bali is limited to the number of storeys, in the Cyprus - the building area |
| 💳 Payment with cryptocurrency | ✅ It is accepted by some developers | ✅ Accepted (developers, exchangers) | 📌 In both territories, cryptocurrency can be used through private transactions |
| 💳 Bank transfers | ✅ Swift, cash, crypto | ✅ Bank transfers, cash, SWIFT, crypto | 📌 There are more payment options for Bali, but transfers can be slower. |
🔥 Conclusion: where is it easier and safer to own real estate?
📌 Bali is more difficult, but it is possible through Leasehold or Pt PMA .
📌 Northern Cyprus is easier, since a foreigner can own land and apartment .
🏆 The best option for long -term investments: Northern Cyprus (there is ownership).
🏆 The best option for rent and profitability: Bali (more developed tourist market).
💰 Real estate prices: Bali vs. Northern Cyprus
📌 Where is it more profitable to buy housing? Compare the cost of studios, villas and apartments, given the location, liquidity and possible profitability .
| 🏡 Property type | 🇮🇩 Bali (Indonesia) | 🇨🇾 Northern Cyprus | 💡 Comments |
|---|---|---|---|
| 📍 high demand locations | 📌 Changa, Uluvata, Seminak, Nusa-Dua, Ubud | 📌 garrne (brush), spark, famagusta, bast shoes, tatlysu | 📌 In both regions there are tourist zones with high liquidity |
| 🏠 studio (40-50 m²) | $80 000 – 150 000 | $75 000 – 120 000 | 📌 Cyprus is cheaper, but Bali is more popular among tenants |
| 🏢 1 bedroom (60-80 m²) | $120 000 – 250 000 | $100 000 – 200 000 | 📌 In resort areas of Bali, prices are higher |
| 🏘 2 bedrooms (80-120 m²) | $150 000 – 350 000 | $120 000 – 300 000 | 📌 The deadline for renovation of housing in Bali occurs earlier than in Cyprus due to climatic conditions |
| 🏡 villa (200-300 m², with a pool) | $300 000 – 1 500 000+ | $250 000 – 800 000+ | 📌 Bali villas are more expensive, especially in top locations |
| 🏙 Apartments in condo-hotels (Strata Title) | $150 000 – 500 000 | $120 000 – 300 000 | 📌 Bali is more expensive, but the demand for rent is higher |
| 🏗 new buildings at developers | $100 000 – 300 000 | $100 000 – 250 000 | 📌 In Cyprus, it is more profitable to buy in the secondary market |
| 🏡 Land plots | $ 100,000-500 000+ (rent for 25-30 years) | $ 80 000 - 300 000+ (owned) | 📌 You can’t own land on Bali, only for rent (Leasehold) |
| 📈 price rising (per year) | 10-15% | 5-8% | 📌 Bali is more expensive due to demand from tourists and investors |
| 💰 average price for 1 m² | $1 500 – 4 500 | $1 400 – 3 500 | 📌 Northern Cyprus is slightly cheaper in a square meter |
| 🔄 Resale and liquidity | ✅ High liquidity in tourist zones | ✅ Good liquidity in areas of permanent residence (garrne, Alsanzhak) | 📌 Bali is easier to sell, but higher taxes for sale |
🔥 Conclusion: where is it more profitable to buy real estate?
📌 Bali - a little more expensive , but prices are rising faster . Great choice for rental investment .
📌 Northern Cyprus is more affordable , but price increases is slower. Better for comfortable residence and residence permit .
🏆 for renting and quick payback: Bali
🏆 for life and safe long -term investments: Northern Cyprus
📈 Investment attractiveness: Bali vs. Northern Cyprus
📌 Where is it more profitable to invest in real estate? Bali and Northern Cyprus offer different possibilities: from passive rental income to resale with capital growth. We analyze the main indicators of profitability, risks and prospects!
| 🔍 Indicator | 🇮🇩 Bali | 🇨🇾 Northern Cyprus | 💡 Comments |
|---|---|---|---|
| 💰 rental profitability (ROI, annual %) | 8-12% (in resort areas up to 15%) | 6-10% (in tourist areas up to 9-10%) | 📌 Bali wins due to high demand for rent from tourists and remote workers |
| 📈 Real estate cost growth (per year) | 10-15% | 5-8% | 📌 At Bali, prices are rising faster due to limited construction and growth in tourist flow |
| 🏡 average payback period (years) | 6-9 years | 8-12 years | 📌 payback on Bali faster due to high rental |
| 🏖️ Tourist flow (per year) | 6.3 million foreign tourists (2024) | ~ 1.5 million tourists (including transit from southern Cyprus) | 📌 Bali is more developed as a world tourist center |
| 🏗 New construction projects | 🚧 limited (moratorium in a number of areas) | 🏗 are actively growing (new resort complexes) | 📌 In Cyprus, more affordable land for development |
| 📜 Easy to buy for foreigners | ⚠️ Limited (only lease Leasehold or via PT PMA) | ✅ Full possession (FreeHold is available, but with a limitation of 1 object per person) | 📌 Cyprus is easier in terms of ownership, Bali requires legal study |
| 💸 taxes on purchase | 11% VAT (included in the price) + 1-2% notarial expenses | 6-12% for the translation of the title + 5% VAT | 📌 Fixed taxes on Bali, in Cyprus depend on the cadastral assessment |
| 🔄 taxes on sale | 10% of the transaction amount | 4-6% of the difference in price | 📌 Bali tax is higher, but transactions are faster |
| ⚖️ Investor rights protection | ⚠️ Leasehold requires annual confirmation | ✅ Full property ownership | 📌 Cyprus is more attractive from the point of view of the Institute of Property |
| 🏗 Risks of market oversaturation | 🔄 Locally possible (Changa, Uluvat) | 🔄 It is possible locally (spark, Espertep) | 📌 In both regions there are areas with an excess of housing, it is worth choosing wisely |
| 🛂 Possibility of a residence permit | ❌ No (only through a business visa) | ✅ You can get a residence permit | 📌 Cyprus is suitable for moving, Bali for short -term investments |
| 💳 Methods of payment | ✅ Cryptocurrency, Swift, cash | ✅ Cryptocurrency, banking transfers, cash | 📌 In both cases, you can pay cryptocurrency through intermediaries |
🔥 Conclusion: where is it better to invest?
📌 Bali - high profitability (8-12%), rapid price increase (10-15%), but a complex ownership system . Ideal for short -term investments and leasing.
📌 Northern Cyprus - more affordable prices, maintaining property rights, the possibility of residence permit , but rising prices and rental demand below. Suitable for calm long -term investments .
🏆 for quick income: Bali
🏆 for long -term investments with the possibility of a residence permit: Northern Cyprus
🏦 Taxes and costs when buying real estate: Bali vs. Northern Cyprus
📌 What amount should additionally be laid down when buying housing? In addition to the cost of the object, buyers are faced with taxes, fees and legal expenses. We will analyze where cheaper and easier!
| 🔍 Category of expenses | 🇮🇩 Bali (Indonesia) | 🇨🇾 Northern Cyprus | 💡 Comments |
|---|---|---|---|
| 🏡 VAT (value added tax) when buying | 11% (usually included in the price of the developer) | 5% (paid by the buyer) | 📌 At Bali VAT is included in the price, in Cyprus it is paid by the buyer separately |
| 📜 transfer of ownership (title) | ❌ does not apply (land for rent) | 6-12% (depends on the title) | 📌 Bali is not required for a title transfer, since lease objects |
| 🔄 | 10% of the transaction amount | 4-6% of the difference in purchase and sale price | 📌 Bali tax is higher, but there are no requirements for the minimum price |
| 📑 Legal support (lawyer, notary) | 1-2% from the cost of the transaction | $2000-2500 | 📌 In both cases, a check of documents is required before buying |
| 🏗 registration fee for new construction | The developer pays | 0.5% pays the buyer in the tax | 📌 includes in the final price |
| 💳 Methods of payment | ✅ Cryptocurrency, Swift, cash | ✅ Cryptocurrency, SWIFT, banking transfers, cash | 📌 In both regions, cryptocurrency is accepted through intermediaries |
| 🔌 Connection of water, electricity, Internet | Included in the price | $1 000-3 000 depending on the complex | 📌 There are separate collections for connecting communications in Cyprus |
| 📜 Proceeding the transaction (notarization, Due diligence) | Must (legal verification is required) | Mandatory (since 2024, transactions only through a lawyer) | 📌 Verification of legal purity - the key stage of the transaction in both countries |
| 🛂 Make freezing through the purchase | ❌ Not provided | ✅ You can get it | 📌 In Cyprus, buying real estate gives the right to a residence permit, on Bali - no |
🔥 Conclusion: Where is it cheaper to buy?
📌 There are fewer hidden payments on Bali (VAT is included, there is no translation of the title), but the tax on the sale is higher.
📌 In the Northern Cyprus , the cost of transferring the title (6-12%) and the connection of communications , but the tax on the sale below.
🏆 for short -term rental and resale: Bali
🏆 for long -term ownership and residence permit: Northern Cyprus
🏡 Moving and accommodation: Bali vs. Northern Cyprus
📌 Which region is more convenient for life, work and integration of foreigners? We analyze the issues of residence permit, work, medicine, schools and adaptation to life!
| 🔍 Parameter | 🇮🇩 Bali (Indonesia) | 🇨🇾 Northern Cyprus | 💡 Comments |
|---|---|---|---|
| 🛂 residence permit when buying real estate | ❌ does not give the right to a residence permit (we need a working or business visa) | ✅ A residence permit is available when buying real estate , as well as rental (high income) | 📌 At Bali you have to arrange kitas or a tourist visa with an extension |
| 📜 Ways to obtain a residence permit | 🔹 Kitas (working visa, business visa, pension) 🔹 E-Voa (tourist visa 30-60 days) | 🔹 Buying real estate 🔹 study, business, work | 📌 In the Kytv, a residence permit can be issued through the purchase or rental of housing, on Bali - no |
| 💼 Work for foreigners | ⚠️ Only by working visa (kitas) | ✅ Working visa , it is easier for foreigners to get a job here and fewer restrictions | 📌 It is impossible to work without a visa on Bali and Cyprus, but Cyprus is more loyal in the appointment with employers to work foreigners |
| 💵 Average salary | $ 500-1 500 per month (local) | $1 000-2500 | 📌 In IT, tourism and real estate can be earned more |
| 💰 The cost of life (per month, for 1 person) | $1 000-2 000 | $800-1500 | 📌 Bali is more expensive if you live in popular areas (Chang, Uluvata) |
| 🏠 Housing rental (per month) | Studio-$ 500-700 1 bedroom-$ 800-1 500 villas-$ 2,000+ | Studio-$ 350-500 1 bedroom-$ 500-800 villas-$ 1,500+ | 📌 Bali is more expensive due to tourist demand |
| 🏥 medical care | Private clinics of good level, but expensive | The quality of medicine is higher, cheaper insurance | 📌 Medicine is more accessible and more developed in Cyprus and you can even find Russian -speaking doctors |
| 📡 Internet and mobile communications | Home Internet-$ 30-50 mobile-$ 5-15 | Home Internet-$ 30-50 mobile-$ 15-25 | 📌 Internet speed is slightly higher in Cyprus, but mobile communications are cheaper in Bali |
| 🚌 Transport | Scooter-$ 50-80/month of taxi (Gojek/Grab)-$ 1-5 car rental-$ 300-600 | Car rental- + taxi-$ 10-25 Public transport-$ 1-2 | 📌 At Bali, almost everyone drives on scooters, there are no sidewalks and traffic is loaded. A good road infrastructure is in Cyprus, but public transport is poorly developed and it is difficult |
| 🎓 Education (schools for foreigners) | Private schools- $ 500-2,000/month | Private schools-$ 350-1,000/month , state-owned on Turkish-free | 📌 International schools are more expensive in Bali, and the quality of education and the choice of schools is greater in Cyprus |
| 🍽️ The cost of food (per month, for 1 person) | $ 200-400 (if you eat local products) | $250-400 In the store and in the market | 📌 Bali can be saved if there are in Varungs (local cafes) |
| 🛍 Entertainment and leisure | Surfing, yoga, nightclubs, beach holidays | Golf, yachting, casino, beach holidays, historical attractions | 📌 Bali for an active lifestyle, Cyprus - for a relaxing vacation and studying history |
| 🌍 climate | Tropical (hot, wet, rainy season) | Mediterranean (hot summer, soft winter) | 📌 Cyprus is more comfortable for life all year round |
🔥 Conclusion: where is it easier for moving?
📌 Bali - paradise for remoters, tourists and investors, but without a residence permit through real estate. Great climate, cheap food, but high rental and traffic jams.
📌 Northern Cyprus - more suitable for a relaxing vacation, pensioners, families with children and long -term residence. It’s easier to get a residence permit, cheaper and better medicine .
🏆 for digital nomads and active life: Bali
🏆 for a calm, comfortable and measured life with the possibility of a residence permit: Northern Cyprus
📜 How have the laws that affect the real estate market of Northern Cyprus and Bali have changed?
🔍 In recent years, significant changes have been made to the legislation of both territories affecting the purchase, ownership and sale of real estate by foreigners. Let's figure out how it was reflected in the market!
| 🏛 Legislative aspect | 🇨🇾 Northern Cyprus (changes 2023-2024) | 🇮🇩 Bali (changes 2023-2024) |
|---|---|---|
| 📌 property ownership of foreigners | 🔴 limited : since 2024, foreigners can own only 1 object and area area up to 1 denuma | 🔴 is prohibited : the land remains in rent (Leasehold 25-30 years), full FreeHold only through the company |
| 📌 The number of objects in the property | 🔻 From 2024, up to 1 object is limited | 🔄 without restrictions , you can buy many objects (but without the right to land) |
| 📌 Types of titles | ⚠️ Tight toughening of titles (transitional lands), new restrictions on buying near military zones | ⚠️ New control of cadastral data: check the compliance of the Earth with the intended purpose (tourist, agricultural, commercial) |
| 📌 residence | ✅ Perhaps : buying real estate remains one of the ways to obtain a residence permit | ❌ does not give an automatic residence permit . Only through business, kitas (working visa) or investment |
| 📌 taxes on purchase | 🚀 grew up in 2024: from 6 to 12% for the title transfer (was 3-6%) + 5% VAT | 📉 unchanged : 11% VAT is included in the price of the developer, 1-2% notarial fee |
| 📌 Real estate reselling | 📈 4-6% of the difference in purchase price and cadastral assessment when selling | ⚖️ 10% remained , but now they track the real cost of sale through an official cadastral estimate |
| 📌 Construction standards | ⚠️ Strong control over construction , the mandatory receipt of the necessary permits and the division of land at the construction stage | 🚧 The requirements for developers are tightened : inspections for compliance with permits are strengthened, developers who built on agricultural lands were detained |
| 📌 Development restrictions | 🏗 The rule “80/20” : in the new complexes, 80% of apartments should be sold to foreigners, 20% of Cypriots | ⛔ Moatorial for a construction site in a number of regions (Ubud and adjacent zones) after identifying illegal construction |
| 📌 Design of transactions | ⚖️ Since 2024, transactions are required through a lawyer (it was previously possible directly with the developer) | ⚖️ Legal verification "Due diligence" is required for all projects before sale |
| 📌 Rising prices | +10-20% for 2023-2024 | 📊 +10-15% per year due to the growth of demand and limited construction |
🔥 result:
📌 Northern Cyprus tightened the rules for real estate owners, increased taxes and strengthened the control of developers. However, the possibility of a residence permit through the purchase remains.
📌 Bali also tightened control over construction sites, but retained relatively stable taxes. The purchase of real estate does not give the right to a residence permit, but can be invested through the company.
🏆 What to choose?
- 📈 for investors : Bali (high liquidity, flexibility, the possibility of leasing).
- 🏡 for personal residence : Northern Cyprus (easier to get a residence permit, property in property).
🏝 How does the ownership of foreigners regulate the ownership and what restrictions are regulated by Bali?
📌 At Bali, foreigners cannot own land directly, but there are legal mechanisms to acquire real estate. Consider them in detail.
| 🔍 Aspect | 🏡 Option of ownership | ⚠️ Restrictions and nuances |
|---|---|---|
| 1️⃣ Full possession (freehold) 🏠 | ❌ Inaccessible to foreigners | Only Indonesia citizens can own land in the status of Hak Milik (full -fledged property) |
| 2️ ⃣ Long -term rental (Leasehold) 📜 | ✅ The main option for foreigners | -term: 25-30 years + the right to extension (usually 20-30 years) -is issued through a notary and recorded in the land cadastre -you can rent and resell |
| 3️⃣ Possession through the company (HAK GUNA BANGUNAN - HGB) 🏢 | ✅ Available via Pt PMA (foreign company) | - only for commercial purposes (for example, hotels, rent) - Land lease term: 80 years (30+20+30) - the company must have an operating business |
| 4️⃣ nominal possession (through a local resident) ⚠️ | ⚠️ A risky option | - Formally, the land is drawn up on the Indonesian, but the trust management agreement is signed - legally vulnerable : it may be challenged in court |
| 5️⃣ Apo-hotel apartments (Strata Title) 🏢 | ✅ Available to foreigners | - only in the officially approved complexes - the possession of the unit without the right to land |
| 6️⃣ Inheritance of real estate ⚖️ | 🔴 Limited | - Leasehold is transferred to the heirs, but requires re -registration - Freehold (if decorated on PT PMA) goes to the new owners of the company |
| 7️⃣ Loans and mortgages 💰 | ❌ No mortgage for foreigners | - Indonesia banks do not give mortgage to foreigners - a loan is possible through private structures |
| 8️⃣ Real estate sale 🔄 | ✅ Possible subject to formalities | - Leasehold can be resold, but 10% - PT PMA is sold by changing the owners of the company |
🔥 result:
📌 A foreigner cannot own land directly , but can:
✔️ Buy leasehold (rent 25-30 years with an extension)
✔️ File real estate on PT PMA (legal entity)
✔️ invest in Strata Title (hotels)
📌 High risk for nominal ownership through local persons.
📌 Sale is possible , but with a tax 10% .
🏆 The best option for investors:
leasehold + contract for extension or design via PT PMA for business.
💰 What is the real cost of life in Bali in comparison with Northern Cyprus?
📌 Bali and Northern Cyprus are popular areas for life, rest and investment. But where is it cheaper to live? We will analyze the main costs of housing, meals, transport, Internet and entertainment!
| 🔍 Category of expenses | 🇮🇩 Bali (Indonesia) | 🇨🇾 Northern Cyprus | 💡 Comments |
|---|---|---|---|
| 🏡 Housing rental (per month) | 💲 Studio-$ 500-700 💲1 bedroom-$ 800-1 500 💲villa-$ 2,000+ | 💲 Studio-$ 350-500 💲1 bedroom-$ 500-800 💲villa-$ 1,500+ | 📌 Bali is more expensive due to high demand from tourists and expans |
| 🏠 Buying real estate | 💲 Studio - from $ 80,000 💲1 bedroom - from $ 120,000 💲villa - from $ 300,000 | 💲 Studio - from $ 75,000 💲1 bedroom - from $ 100,000 💲villa - from $ 250,000 | 📌 Real estate prices in Cyprus are below, but it is more difficult to get a mortgage |
| 🥑 products (per month for 1 person) | 💲$200-400 | 💲$250-400 | 📌 Bali is cheaper if you eat local products |
| 🍽️ Dinner in a restaurant | 💲 Local kitchen-$ 8-12 💲 European cuisine-$ 15-30 | 💲 Local kitchen-$ 10-15 💲 European cuisine-$ 20-35 | 📌 Dinner in a restaurant is cheaper in Bali, but imported products are expensive |
| 🚗 Transport | 💲 Scooter-$ 50-80/month 💲 Taxi (Gojek/Grab)-$ 1-5 💲Arend of the machine-$ 300-600 | 💲 Autto-$ 600+ 💲 Taxi-$ 15-20 💲 Public transport-$ 1-2 | Almost no one drives in Bali , mostly scooters rent |
| 💡 utilities | 💲 Svet/water/gas-$ 50-100 💲 Internet-$ 30-50 | 💲 Svet/water/gas-$ 50-150 💲 Internet-$ 20-50 | 📌 Electricity is more expensive in Cyprus, but the connection is more stable |
| 📶 Internet and mobile communications | 💲 mobile-$ 10-15 💲 domestic Internet-$ 30-50 (fast) | 💲 mobile-$ 20-25 💲 domestic Internet-$ 30-50 | 📌 Internet speed is better in Cyprus, but there are malfunctions |
| 🏥 Medicine | 💲 Suild-$ 50-200/month 💲 Friendly doctor-$ 20-50 💲 Gospital-from $ 100 | 💲 Suild-$ 50-150/month 💲 Friendly doctor-$ 30-70 💲 Gospital-from $ 80 | 📌 Private medicine in Bali is cheaper, but quality is better in Cyprus |
| 🏫 Schools (for a child per month) | 💲 Founding schools-$ 500-2,000 | 💲 Founding schools-$ 350-1,000 | 📌 International schools are more expensive in Bali |
| 🎉 Entertainment | 💲Kino-$ 5 💲portsal-$ 30-60 💲Yoga/surfing-$ 50-150 💲 clubs/bars-$ 5-20 | 💲Kino-$ 7-10 💲 Sportsal-$ 25-40 💲Tennis/golf-$ 50-150 💲 Bars/bars-$ 10-30 | exotic activities in Bali (surfing, diving), but in Cyprus is better mountains and yachts |
| 🛂 residence and taxes | 💲 VNG-$ 1,000-2,000/year (KITAS) | 💲 VNG - free when buying housing | 📌 In Cyprus, it is easier to arrange a residence permit |
| 💸 The average budget for a comfortable life (for 1 person per month) | 💲1 000-2 000 | 💲800-1 500 | 📌 Life on Bali is more expensive if you live in tourist areas |
🔥 Results: Where is it cheaper to live?
📌 Bali is more expensive for housing, especially rental, but cheaper products, restaurants and transport.
📌 Northern Cyprus is more profitable for life with a family, thanks to affordable housing, education for children and good medicine.
📌 Entertainment and medicine are more diverse and cheaper in Bali.
🏆 Conclusion:
- For digital nomads and surf lovers 🏄♂️ Bali is the best option!
- For families with children, pensioners and those who want a residence permit of the northern Cyprus - the best choice!
💡 Final comparison: Bali vs. Northern Cyprus
📌 Where is it more profitable to live, work, invest and buy real estate? The final comparative table according to key parameters!
| 🔍 Parameter | 🇮🇩 Bali | 🇨🇾 Northern Cyprus | 💡 Comments |
|---|---|---|---|
| 🏝️ Climate | Tropical (hot and wet, rainy season) | Mediterranean (hot summer, soft winter) | 📌 Bali is perfect for beach life, Cyprus is comfortable all year round |
| 🏡 property ownership of foreigners | ❌ There is no complete ownership (only lease Leasehold) | ✅ You can own (FreeHold is available, but with a limit of 1 object) | 📌 Cyprus is easier and safer to own real estate |
| 📈 rental profitability (ROI) | 8-12% per year | 6-10% per year | 📌 Bali is more profitable for renting, but higher competition |
| 💰 Real estate cost growth (per year) | 10-15% | 5-8% | 📌 Bali grows faster in price, but the market is more volatile |
| 🛂 residence permit through the purchase of real estate | ❌ No | ✅ You can get it | 📌 In Cyprus, buying housing gives the right to a residence permit, on Bali - no |
| 💼 Opportunity | ⚠️ Only with a working visa (kitas) | ✅ Legally | 📌 Bali is more difficult to officially work for foreigners |
| 📡 Internet and communication | ✅ Good 4G, Internet 30-50 MBPS | ✅ Stable Internet 4.5G, higher Wi-Fi speed | 📌 Cyprus is better than mobile Internet, Bali is cheaper mobile communications |
| 🏥 Medicine | High -level private clinics | Good price/quality ratio, insurance is cheaper | 📌 In Cyprus, medicine is more affordable and better |
| 🍽️ The cost of food | $ 200-400 (when eating in Varungs is cheaper) | $250-400 | 📌 Bali is cheaper local food, but imported products are more expensive |
| 🚗 Transport | Scooter-$ 50-80/month, cheap taxi (Gojek, Grab) | Car - $ 600+, taxi is more expensive | 📌 Bali is more convenient to move on a bike, in Cyprus - on a car |
| 🏠 average real estate price | $ 80 000+ (studio), $ 300,000+ (villa) | $ 75 000+ (studio), $ 250 000+ (villa) | 📌 Real estate is cheaper in Cyprus, but prices are slower |
| 🏗 Building restrictions | 🚧 Maximum 19 m of buildings height | 🚧 Building restrictions, near military facilities | 📌 In both regions there are harsh construction regulations |
| 💳 Payment with cryptocurrency | ✅ It is accepted by some developers | ✅ Can be paid (through agencies, developers or exchangers) | 📌 Cryptocurrency can be paid in both regions |
| 🎉 Entertainment | Surfing, yoga, beaches, nightclubs | Golf, yachts, casinos, historical sights | 📌 Bali for active life, Cyprus - for a relaxing vacation |
| 💰 The cost of life (for 1 person per month) | $1 000-2 000 | $900-1500 | 📌 Cyprus is slightly cheaper than the standard of living |
| 💵 Taxes when buying real estate | 11% VAT (included in the price), 1-2% notary | 5% VAT, 6-12% for the translation of the title | 📌 In Cyprus, tax expenses are higher |
🔥 Conclusion: where is it more profitable to live and invest?
📌 Bali is ideal for short -term investments, rental and active lifestyle , but it is difficult with full possession of real estate and residence permit .
📌 Northern Cyprus - a more stable market, cheaper life, it is easier to buy real estate in property and get a residence permit , but below the profitability from rent.
🏆 If you need quick income and active life → Bali
🏆 If you need a residence permit, reliability, calm lifestyle and comfort → Northern Cyprus
💬 Your choice depends on the goals: investment or moving. If you need more details - write, we’ll figure it out together! 🚀
