Bali's real estate market is booming, attracting both local and international investors. However, this surge in interest has unfortunately also attracted scammers. Here's how to protect yourself:

1. Research and Due Diligence:

• Know the Laws: Understand Indonesian real estate laws, especially concerning foreign ownership. There are specific regulations for foreigners purchasing property, so ensure you're complying.
• Verify the Seller: Check the seller's identity and legitimacy. Use reputable sources like the Indonesian National Land Agency (BPN) to confirm land ownership and verify if the seller has the legal right to sell.
• Investigate the Property: Inspect the property thoroughly, examining its condition, boundaries, and any potential issues. If possible, engage an independent surveyor or lawyer to conduct a detailed inspection.

2. Professional Guidance:

• Reliable Real Estate Agent: Find a reputable and experienced real estate agent who is familiar with Bali's market and legal complexities. They can help you navigate the process and identify red flags.
• Lawyer and Notary Public: Consult with a lawyer specializing in real estate and a licensed notary public to review all documents and ensure the legality and transparency of the transaction.
• Independent Translator: If you don't speak Indonesian, hire an independent translator to translate legal documents accurately. Don't rely on the seller's chosen translator.

3. Red Flags to Watch For:

• Too Good to be True Deals: Be wary of deals offering unrealistically low prices or unrealistic promises.
• Pressure Tactics: If the seller pressures you to make a quick decision, it could be a sign of a scam.
• Lack of Transparency: If the seller is evasive about providing documentation or refusing to answer questions, it could be a warning.
• Cash Transactions: Be cautious of sellers who insist on cash transactions as they make it harder to trace funds and hold them accountable.
• Unofficial Documents: Stick to officially issued documents like Land Certificates (Sertifikat Hak Milik) and Building Permits (IMB).
• Foreign Ownership Restrictions: Be aware of restrictions on foreign ownership and the different types of ownership rights (HGB, Hak Pakai, etc.).

4. Additional Tips:

• Get everything in writing: Ensure all agreements, terms, and conditions are documented and signed by both parties.
• Escrow Accounts: Use a reputable escrow service to hold the purchase funds until all legal requirements are met and the property is transferred.
• Be Patient: The process of buying property in Bali can take time. Don't rush into any decisions.
• Trust your instincts: If you feel something is off, trust your instincts and walk away.

Remember:

• Bali's real estate market is complex and often involves cultural nuances that might be unfamiliar to foreigners.
• Due diligence is crucial to avoid scams and ensure a secure and legally sound investment.

It is advisable to consult with a qualified real estate lawyer and other relevant professionals before making any real estate decisions in Bali.