Sunday, 17 February 2019

America's Largest Real Estate Web Site - Zillow Wants to Flip Your House

Best Asia Real Estate Editor's Comments: 
Lawrence editing this newsletter while on vacation in Macau
This new high-tech technique for selling homes in America by America's largest online visit website ( Who I modeled my best Asia real estate website after recently) in my opinion is froth with dangers for the company Zillow.

Buying homes and flipping them at any time is a dangerous business.
Usually, it works best at the start of a bull market in real estate.

The market in America real estate has been going on since I gave my buy signal in 2009 and is already 10 years old. 

With interest rates raising rising lately and the price of homes rising beyond the cost of the average consumer I think this is a very dangerous time For Zillow to be flipping homes

If I was a Zillow stockholder I would be selling their stock and getting out.

When the market turns and if they have a large number of properties they purchased for flipping they are going to get themselves into serious trouble.

A new breed of high-tech real estate flippers is using algorithms (and a healthy dose of Silicon Valley venture capital) to buy at massive scale.

Patrick Clark
February 14, 2019, 6:00 PM GMT+8






With its tan stucco exterior and red tile roof, the Rittenhouse home on South Star Canyon Drive looks a lot like the other houses in Power Ranch, a large planned community southeast of Phoenix.

Mark, a meat buyer for a grocery chain, and Anne, a nurse, bought the house for $293,000 in 2010 during the U.S. foreclosure crisis, which hit the Phoenix area particularly hard. At the time, local home prices were down about 50 percent from their peak in 2006. By late last year the market had recovered, and Mark and Anne were thinking about moving on.

They still liked Power Ranch, which had good schools and a network of parks and hiking trails where they walked their golden retriever. But a quirk in the 3,000-square-foot home’s layout was grating. The kids’ rooms were the size of typical master bedrooms, and the master was even bigger. But the living room was the only usable common space, a vexing issue when the family’s two boys brought friends over. Mark suggested they could throw up a couple of walls and create a teenage quarantine zone. Anne shot him down. They needed a new place—fast. So they went house hunting.

Featured in Bloomberg Businessweek, Feb. 18, 2019. Subscribe now.

To buy a new home, the Rittenhouses would have to sell their old one. They started pricing repairs and debated whether it made more sense to sell first and move into a temporary rental, or if they should try to manage two transactions at once. Then they met a buyer willing to pay cash, who wasn’t hung up on the big bedrooms or a little bit of dog damage. Their dream buyer? An algorithm.

The company behind the algorithm was Zillow Group Inc., better known for operating apps and websites that help buyers find homes. In May 2018 the Seattle-based company, whose home value estimates—“Zestimates,” they’re called—have become a sort of Kelley Blue Book for American homes, started an “instant offers” business. Zillow would buy houses, fix them up, and resell them, earning a fee for providing a simple, fast transaction.

For the Rittenhouses, who sold their home to Zillow for $513,800 and bought one with more living space, the process was easy enough. They entered some basic information into a website and then set up a time for a Zillow home inspector to come by. After that, it was a question of setting priorities. They could sell their home the traditional way. “Or we go with the Zillow route,” Mark says. “We just accept their offer on the house and, you know, we don’t have to worry about anything.” For the privilege of taking the no-fuss all-cash offer, they paid Zillow a fee. The company charges 6 percent to 9 percent, more than the 5 percent commission typical for real estate agents in Phoenix.

For decades, selling a house in the U.S. was a low-tech, high-stress affair. You hired an agent, fixed your mind on a number, and decided how much time and money you wanted to spend repainting walls, redoing bathrooms, and making other repairs that had seemed too costly or inconvenient to make for your own benefit. You locked up your pets, lit some scented candles, and opened the door to a parade of strangers. Then you waited for an offer—ideally, more than one—and hoped your agent would be able to deliver the price you needed so you could afford your next abode.

There has long been another way, selling to the kind of investors who post signs under the highway overpass promising cash for ugly houses. Those home “flippers” have an unsavory reputation, partly because they’re seen as pushing lowball offers to those behind on their mortgage payments or otherwise desperate—the newly divorced, the widowed, or the unemployed.

Zillow is part of a new breed of high-tech home flippers, sometimes called “iBuyers,” that also includes Silicon Valley startups and a small group of adventurous real estate brokerages that have instant-offer operations. Armed with Wall Street and Silicon Valley capital and algorithms designed to make granular predictions about home prices, these investors are buying homes on a massive scale, wringing tiny profits out of each flip. That makes them valuable to the Rittenhouses and the thousands of other Phoenix-area homeowners who used them last year. It also makes them potentially scary to real estate agents, big-data skeptics, and anyone who remembers the recent history of innovations in housing finance.

“People expect to press a button and have magic happen”

Zillow was started in 2005 by Rich Barton and Lloyd Frink, who wanted to do for the housing market what their previous startup, Expedia Group Inc., did for air travel—that is, make it more transparent for consumers. Before online travel agencies such as Expedia, the best fares were generally available only to professional bookers. Likewise, before Zillow, as its founders would tell the story, shopping for a home was a bit like shopping in the dark. Zillow’s mission, they claimed, was to turn the lights on.

Barton and Frink created the Zestimate, the company’s effort to use public data to approximate home prices. Suddenly, people could look up the market value of any home in the U.S. in real time in the same way they might track the price of an ounce of gold or a share of a blue chip stock. Zillow included property records in all its listing pages, making it easy to look up how much your neighbors (or your exes) paid.

Such voyeuristic curiosity accelerated the company’s growth. So did Zillow’s decision to buy its main U.S. competitor, Trulia, in 2015. An average of 186 million unique users visited the company’s websites and mobile apps each month during the third quarter of 2018, roughly triple that of, which averaged about 60 million users during the same period. Zillow makes money by offering its big audience to real estate agents, who pay for the privilege of putting their smiling faces and contact info in front of all those house hunters. The company expects 2018 ad revenue to be about $1.3 billion.

If agents resented Zillow’s market power, they generally reserved their sharpest complaints for the Zestimate, which they’ve long said creates unrealistic expectations, leaving clients irate when offers come in below the expected number. Employees developed an arsenal of stock phrases explaining why a number was too high or too low. It’s a Zestimate, not a Zappraisal, Zillow would say. If you want to know how much your home is really worth, sell it. That’s more or less the argument Zillow used when, in 2017, it was sued unsuccessfully by a group of Chicago-area homeowners who said the company was undervaluing their houses.

At the same time, Zillow went out of its way to position itself as a partner to real estate agents, not a disrupter, and at first resisted the iBuyer trend. Spencer Rascoff, chief executive officer since 2010, liked to point out that Zillow sold ads, not homes. But as the pioneer Opendoor, which has raised more than $1 billion in venture capital since its 2014 founding, grew—and copycats, including startup Offerpad and brokerage Redfin Corp., started their own efforts—Zillow executives reconsidered. If getting an offer from an iBuyer became a crucial step in the selling process, they worried, Zillow could lose its audience and its advertising base. What’s more, market researchers kept finding that consumers said they’d pay a modest premium to get a cash offer. “People expect to press a button and have magic happen,” says Rascoff, a 43-year-old former Expedia executive who’d earlier started the travel search engine Hotwire, which he sold to Expedia for $700 million. Getting into the business of buying homes directly, Rascoff says, was “the only way to remain in a leadership position.”

Zillow’s Stock Price

Data: Compiled by Bloomberg

By the time Zillow began buying homes last spring, Rascoff had concluded that the new business would play to the company’s strength in valuing homes and could be profitable in its own right. If the company were the buyer in 5 percent of transactions in the country’s biggest housing markets, the business would generate more than $1 billion in annual profit, he said during a call with investors in May. Three months later, after Rascoff announced Zillow was acquiring a mortgage company, he did some more back-of-the-envelope math, determining that Zillow could take in $800 million a year in fees for making home loans. The company has also said it will sell leads to real estate agents who want to reach sellers who’ve already turned down a Zillow offer, a business that could be worth an additional $1 billion in revenue, according to Mike DelPrete of the University of Colorado at Boulder.

Wall Street has seemed more interested in the risks of Zillow’s pivot than any possible payoff. Shares in the company fell 7.3 percent, to $49.84, the day after Rascoff made his announcement; they’ve declined sharply since. A slowing housing market and some unpopular changes to Zillow’s ad-sales model arguably had a bigger impact on the stock, which is at about $36 per share. Concerns that the new business would require large investments and distract from the company’s main business haven’t helped either.

Zillow, the skeptics said, was moving from a high-margin business—online advertising—into a capital-intensive, low-margin one. (Infomercials notwithstanding, home flipping is generally a hard way to try to get rich.) The company would have to add billions of dollars in debt, expose itself to the risk of declining home prices, and hire thousands of workers to inspect, repair, and manage its properties.

Steve Eisman, a well-known investor who famously bet against subprime mortgage bonds ahead of the foreclosure crisis, told Bloomberg Radio in August that he’d decided to short shares of Zillow. Flipping distressed homes is a decent business in a good economy, he said, but it’s a small business at best. Moreover, making offers at fair-market prices, as Zillow intended, is a lot riskier than traditional home flipping, because sellers will pull the trigger only if they know they’re getting a good deal. “Why would a nondistressed seller sell their home” to Zillow, Eisman asked. “There’s only two possibilities for that. Either, one, Zillow has mispriced the house,” he said. “Or there’s something wrong with the house.”

The iBuyers’ Expanding Domain

Data: Company reports
Rascoff doesn’t like to describe his company’s homebuying business as flipping, because of the stigma, and more important, because he says it undersells the size of the opportunity. Only a small number of people will take a large discount to sell in a hurry; a greater number will pay a smaller amount for the convenience of not having to deal with agents and open houses. The corollary is that Zillow needs to sell its homes quickly to limit the amount of time it’s on the hook for mortgage payments, home-ownership-association fees, and insurance premiums. It also needs to keep renovations to a minimum to preserve already small margins.

Not far from the Rittenhouse home, Zillow’s bare-bones approach was on display at a three-bedroom house in the Phoenix suburb of Chandler, where a group of workers changed lightbulbs, refitted electrical outlets, and groomed the succulents. With a kidney-shaped pool and a classic split layout (the master suite on one side of the living room and the kids’ bedrooms on the other), the house is nice, if unremarkable. That’s also part of Zillow’s strategy: Suburban boxes are easier to value accurately, since there are so many of them selling at any given time.

Zillow paid $335,300 for the Chandler house on Sept. 27, collecting a 6.5 percent fee from the seller, or a little less than $22,000. It budgeted $8,000 and 10 days for the renovation and about four months to resell it. That gave it time to replace the refrigerator and microwave, repair a leaky toilet, and make some basic cosmetic fixes, such as repainting the pool decking. The outdated master bathroom, on the other hand, and a purple accent wall in the living room were left untouched.

“In my past life, I might have added a closet to the den or put in new tiles in the master bath,” says Leo Sanchez, a senior director in Zillow’s Phoenix office, who previously worked in the single-family rental industry. “If we can get away with a touch-up, we’ll do it that way and save a dollar.”

“A person who’s lived in a house for 10 years has a pretty good algorithm in their head”

Of course, renovations are beside the point if Zillow can’t value a home properly. In its early days, the company’s home-price estimator had a median error rate of 14 percent. The algorithms improved, but not in every case.

In 2016, Rascoff sold his four-bedroom home in Seattle’s Madison Park neighborhood for $1 million, 40 percent lower than what his app claimed it was worth. Later that year the Zillow CEO paid more than $1 million above the Zestimate on a 13,000-square-foot mansion in the Brentwood section of Los Angeles. The company recently awarded a $1 million prize to a team of computer scientists whose work is supposed to help it push its error rate below its current 4.5 percent.

But even a 4 percent margin of error could be problematic in the instant-offer business. Zillow says it shoots for a 1.5 percent profit margin on every house. That means even a small miss on price can eat into the profit margin fast. The Chandler house sold at the end of December for $1,800 less than the company bought it for, highlighting Eisman’s concerns.

This isn’t just a problem for Zillow. “You could argue that because our algorithms are so powerful, we understand real estate prices better,” says Glenn Kelman, CEO of Redfin. “You could also argue that a person who’s lived in a house for 10 years has a pretty good algorithm in their head.”

Pricing a home, meanwhile, is easy compared with managing thousands of investment properties. A few months pass from the time Zillow signs a contract to buy a home to the earliest time it can hope to sell it, meaning the company has to predict future prices. It also has to manage risk across its portfolio, like a quantitative hedge fund that uses data to invest in houses instead of stocks. Losing a little money on one house isn’t a big deal if the company is making money on others; if the assumptions it uses to invest turn out to be wrong on a large scale, the mistake will be magnified.

Zillow stresses that the company isn’t making offers based on Zestimates. It keeps its homebuying business separate to prevent any appearance of algorithmic monkey business. (The company could theoretically set Zestimates low to help it buy homes cheaply, or set Zestimates high to try to sell homes for higher prices.) A human real estate expert lays eyes on every offer before it goes out, to make sure the pricing software doesn’t go haywire. In December the company sold homes for an average of 2 percent more than it bought them for, locking in a profit of $6,000 per home in addition to the fee sellers paid, according to Matthew Brooks, a senior analyst at Macquarie Capital USA Inc.

Zillow says if housing prices dropped, it could slow its pace of buying. It could also adjust its fees, raising them to compensate for the risk that prices will fall. Even a full-on housing-market crash, such as the one that defined Zillow’s early years of existence, “would present a huge opportunity for us to popularize this type of method of home selling,” Rascoff says, because sellers would be more eager to accept cash offers. The question in that hypothetical “is would we have the gumption to push through and the fortitude to hold hands and say, yeah? And hold our breath.”

The three main iBuyers in Phoenix—Zillow, Opendoor, and Offerpad—bought roughly 4,700 homes last year, or about 4.5 percent of the market, according to the University of Colorado’s DelPrete. Another institutional buyer, the startup Knock, began operating in the city this month. Brooks predicts the iBuyers will soon get to 20 percent of sales in the Phoenix market. In fact, there are now so many players making “offers” that another company, HomeLight, recently unveiled an Expedia-like comparison-shopping tool to make it easy for homeowners to get the best price. Zillow, which began buying homes in Houston on Feb. 11, is aiming to operate in 14 cities by this fall as it races to keep up with Opendoor, which has said it plans to buy and sell homes in 50 markets by the end of 2020. The opportunity is “scary, unknown, dangerous, huge, and awesome,” says Barton, Zillow’s co-founder and executive chairman.

In suburban Arizona, which has mostly recovered from the financial adventurism of the previous decade, not everyone sees demand for the service Zillow is selling. “I don’t know what it is about Phoenix that it attracts every experiment in real estate,” says Wendy Shaw, an agent at Realty One.

Friday, 15 February 2019

A Rare Opportunity to Earn 15% per yr. Fully secured by land in your name.

There will be only a few times during your life when you will be offered a relatively safe investment return of 10 % to 15% per year. 

Especially when you are fully secured by real estate in your name with little or no risk and by a company with a long and successful track record.

PT. B.A.L.I. ( PT. Bali Affordable Lifestyles International ) is one of the oldest, largest and 65 most successful Bali Companies over the past 14 yrs.

14 Yr. Old, 100 + staff strong PT. B.A.L.I. Head Office 

It is owned and operated by a married couple consisting of a Bali Notaris and Canadian Developer who have lived and prospered in Bali for the past 22 years Bali.

Owners of 14 Yr. Old, 100 + staff strong PT. B.A.L.I. Hasband and Wife
Indonesian Notaris, Azizah & Canadian Developer , Lawrence, A 22 Yr Bali resident
Azizah and Lawrence together have combined experience of over 40 years of real estate development, sales and management. 

Over the past 1 4 yrs. PT. B.A.L.I. Designed, built and managed three major Villa complexes in Sanur close to the Beach and the brand-new Hyatt Regency Hotel. PLus a beach front complex in Purnama.
They also have of over 25 years experience as Owners, directors and managers of Bali hotels and villas. Together they and their 100+ loyal employees make for an experienced, powerful, successful team.

Over the past 14 years they have successfully satisfied thousands of clients in Bali And abroad. 2019 will mark the 15 year anniversary of PT. B.A.L.I.

Testimonial. " Lawrence, It has been a pleasure to do business with you over the years and it is a further pleasure in this day and age to do business with such a trust worthy man. Very kindest regards." Ken H. England

Tripadvisor "Hall of Fame" Award
awarded to top 2% of the hotels
and villas in the world

Last year they received the coveted Tripadvisor, Hall of Fame award which places them among the top 2% of the hotels and villas in the world.

Unique Profitable Opportunity: 

PT. B.A.L.I. is now offering a unique opportunity for you to invest in the new Bali retirement and long-term rental market.

Rare, Safe, Secure Opportunity for Investors:

They are now offering two unique choices for you in their next development which offers substantial above average returns with no risk.

These investment opportunities are in a brand new luxury villa development which will cater to long-term renters and baby boomer retirees representing approximately 25% of the world’s population.
Bali Luxury Rental and Retirement villas. Saba

Opportunity # 1 Short Term 15 % per yr.

You may invest in their initial development of the property by securing 400 m² (4,305 Sq. Ft.) in your name of gorgeous, Ocean View land with close proximity to two of Bali’s most sought-after areas, Sanur and Ubud. 
A brand-new hospital and Beach resort within walking distance are also attractions of this new beach view complex.

Investment # 1: 

You will invest U.S. $98,000. It will be fully secured by U.S. $98,000 worth of land in the your name until you receive your money back plus 15 % per year for a minimum of two years and maximum of three years. Therefore, it  100% safe and secure.

The net result is you will receive a  minimum of $29,400 to $44,100 on your $98,000 investment over 2 to 3 years.

Opportunity # 2 Longer Term Investment 2 - 80 Yrs.

This opportunity will provide you more profit over a longer term of an estimated minimum time of 24 months to a maximum time of 80 years for you and your heirs.

You will purchase one of the eight 200 M2 (2,152, Ft.2) Bali luxury rental retirement villas shown below which will be built a mere 200 meters from a fabulous beach already featuring several very successful beachfront villas and hotel.

These highly sought-after Bali luxury villas will have extremely strong rental income in the future of an estimated minimum of $22,000 or more per year for an 80-year lease or approximately $1.8 million over the term of the lease.

The two-bedroom luxury villas with private swimming pool will be a hit with 25% of the population that is retiring around the world commonly known as Baby Boomers. 

Proximity to the beach with a new hospital, and Beach club within walking distance plus close proximity to Sanur and Ubud assure strong positive cash flow.

The investment to purchase your own private rental or retirement villa for an 80-year lease is only $228,000 which will be paid over a 12-month period.

Below is more information on the Development.

For further information, secure an investment or purchase contact us direct at

You may also Call us or Whatsapp us at:

Lawrence in English +62-812-381-4014

For legal information In English or Bahasa Indonesian Contact Azizah 

You may also contact our office at two 62– 361 – 284- 069  24 hours per day.
You may also fax us at 62– 361 – 270- 143

Below is more information on the Development.

"Far better than you expected”


Discover how you can retire in luxury with housekeepers, drivers and great year-round weather at a cost of living that is up to 70 % less.

Are you a baby Boomer born between 1946 and 1964?
Do you find that you’re not happy living in a busy Western City or suburb?

Are you concerned about rising crime and pollution, extreme hot or cold temperatures and most important a cost of living that is 70% higher than Bali?

Now you have an opportunity to retire on the “Island of the Gods” in complete luxury with private maids’ and gardeners for a fraction of what it costs in the West.
Private Full-time live in or live out maids only $200 per month


In the past retiring in Bali was difficult because you had to leave every 30 to 60 days to renew your visa. Now the government of Bali is encouraging foreigners to retire in Bali with a retirement visa for anyone over 55 years of age.
This retirement visa is relatively easy to obtain and will allow you to stay in Bali for five years at a time without leaving Bali. It is easy to renew every five years. The cost is insignificant.

We can assist you obtaining this in a reasonably short time.


PT. B.A.L.I. (PT. BALI AFFORDABLE LIFESTYLES INTERNATIONAL) and it’s 135 staff have been providing accommodations and services to retirees from around the world for the past 14 years.

Their company has received the highest award from TripAdvisor, their Hall of Fame award accorded to only 2% of hotels and villas in the world.

Approximately 30% of their Villa complexes are already occupied by full-time retirees from countries such as Canada, United States, Australia, New Zealand, Europe, and even some Asian countries recently.

As the world’s population of baby boomers, which represents 25% of the population of the world, ages more and more are deciding to leave the busy cities and suburbs to retire in Bali.


Bali is on most everybody’s bucket list.

Last year it was ranked the fourth most sought-after destination in the world On the heels of Paris, London, and Rome by the readers of the TripAdvisor website, the largest online travel website in the world.

Bali Ranked 4th. Best Designation in 2018 by Tripadvisor
1) Paris
2) London
3) Rome
4) Bali

It also was ranked as the number one destination for Asians last year.

Java and Bali were also ranked as the first and second-best Islands in the world by Tripadvisor readers in 2018.

One must visit Bali to understand why everybody wants to come back. The beautiful year-round weather, friendly, honest Balinese, $5 to $10 meals, $10 massages and custom-made clothing for up to 70% off Western prices.


Retirees soon find out that the best location in Bali for them is not the hectic, gridlocked, areas of Bali’s S/W Coast which have poor infrastructure.

The East Coast communities of Sanur and just North of Sanur feature a high quality four-lane road, are much more attractive and affordable.

The By-Pass offers rapid transit from rural areas to Sanur in as little as 15 to 20 minutes, Denpasar or Ubud in 20 to 25 min. The recently built world class International Airport is only 45 Min. drive.

Bali luxury rental and retirement villas Saba

“I can’t imagine retiring anywhere else”
2019-01 - B.M.B. Canadian Developer


PT. B.A.L.I., who has already successfully built and marketed villa complexes for those who desire the best in life has now launched ©Bali Luxury Rental & Retirement Villas to fill the huge demand of approximately 750 million baby boomers within a 6 ½ hour flight of Bali.


©Bali Luxury Retirement Villas were designed by a Canadian 22 year resident of Bali with over 15 years of experience designing and marketing villas in Bali.
Developer, Realtor, Hotel General Manager and International Speaker 

He too is a Baby Boomer, born in 1950, and knows what baby boomers want after managing 55 Bali Luxury Villas for the past 14 years.
Lawrence with family in 2018
These new ©Bali Luxury Retirement Villas feature everything a baby boomer always wanted but perhaps couldn’t afford.

Starting with a quiet community.The owner’s charters, which all owners must sign, states there shall not be any unreasonable noise before 8 AM or after 10 PM each evening. This rules out loud parties and sleepless nights.


Saba Beach, Bali with another Magical Sunrise

B.L.R.V. will be built within close proximity to beautiful Saba beach which will be only a 3 to 5 walk at a leisurely pace.

The beaches in this area are generally primarily for locals with very few tourists. Making it for a very pleasant experience. There are magical sunrises every day.
Beach that is relatively free from tourists


There are several hotels, restaurants, shops, stores bars etc. within 5 - 10 minutes from your Bali Luxury Retirement Villa, Saba.
Wally Safari Park just a few minutes drive

Commune Beach club 30 minute walk

Hotel Luwih Close by

Royal Purnama hotel within walking distance

Royal Purnama restaurant

Inexpensive transport services such as Grab, (Similar to Uber) will be available for as little as $3 to $6 each way. With costs this low for the equivalent of having a personal driver, most retirees will opt not to have their own car. But if you do want your own car add another $150 a month for your own personal driver as well.


Professional 24-hour security is provided managed by a PT. B.A.L.I. who has 14 years of managing security for 55 Bali Luxury villas.

SINGLE-STORY VILLAS: These villas are very baby boomer friendly in that they are all one level with no stairs and wheelchair friendly throughout most of the villa.


The first thing your friends and relatives will notice as they enter these luxury villas is the stunning private swimming pool. It will be a hit when children and grandchildren children visit. It’s also great for baby boomers to keep in shape. Water aerobics is by far one of the best exercises for retirees.


There is an area next to the pool that will be suitable for gardening if you wish to grow your own vegetables fruits etc. So, you can enjoy your own fresh banana’s, papaya, beans tomatoes etc. year-round.


The living area was designed after realizing what baby boomers want.

The windows may be fully closed for the hotter months so that you can turn on your own personal air conditioning or open them during the cooler months to avail of Bali’s beautiful breezes and fresh clean air.

There is a high ceiling that makes the space feel even larger than normal.


The dining area has ample room for up to six persons, eight if you squeeze your grandchildren in. The kitchen is designed to provide lots of room for the gourmet cook.

All the areas including Kitchens can be custom-designed during construction for a small additional sum.


Since baby boomers will be spending most of the time in the villas by them self it is important to have a huge bedroom with a large en-suite bathroom with toilet, two sinks, bathtub plus a stand-up shower.

The guest bedroom is slightly smaller but still has en- suite bathroom which also has a door to the living area so that guests can use this bathroom as well.


Every door and window is built from quality kiln-dried timber to reduce shrinkage and warping and fitted with screen windows and doors. Your screen doors and windows will maintain a pest-free environment while allowing you to enjoy the fresh air. Your electric bills for air-conditioning will also be considerably reduced.


The quality of materials and workmanship is not only apparent in the finishing but also continues under the surface.


The bedroom ceilings have a unique woven bamboo covering sandwiched between thick rock wool insulation. This will insure that you enjoy an excellent uninterrupted sleep, even when your relatives and guests are still active. This insulation also reduces the cost of air-conditioning.


You may opt to take care of your own pool maintenance and gardening to save a little bit of money or share with 4 to 6 other villas the cost of a gardener and a pool man. This should cost as little as $50-$70 a month.


One of the great features of living in Bali is that housekeepers currently only cost around $200 per month for full-time staff. No more need for washing dishes, clothes, floors etc.

There is a possibility of sharing your housekeeping with other villas in the complex therefore reducing the costs even further.

Balinese housekeepers are not only very friendly and hard working but extremely honest. Many become like family.

“In Bali, the locals, mainly Hindu, treat age with respect and caring. They increase their care towards older people. They are delighted to assist physically, mentally and emotionally, with tasks or challenges”

2018-08 Ms. E.B. Spouse of Australian Attorney, Retired in Bali for 10 years.


 The common area security fees initially are estimated to be around $195 per month and will only grow at the annual cost of inflation plus any other expenses dictated by government. This will cover the maintenance of the common areas and gardening plus the 24-hour security.


We anticipate in the future that there will be minibuses with daily schedules going to the major towns close by such as Sanur for shopping and even the local markets which can be a very pleasurable  experience for those that love to have the freshest fruits, vegetables and spices at below store prices.


Bali medical care has improved dramatically in the last few years. There are three major hospitals within proximity of 5 to 20 minutes, or even faster with an ambulance.

This includes a brand-new international hospital which is being managed with the cooperation of an Australian hospital in Darwin.

Costs of Dr. visits are minuscule and can be as little as $50 for one visit.

Most drugs and prescriptions are available without prescriptions in Bali at a fraction of the cost in Western countries. 

No need to go to a doctor simply for antibiotics that you know work. Just go to the local pharmacy and ask for it. Or have your housekeeper pick it up.


Professional, helpful concierges available 24 hrs. per day will attend to your every need at the main reception on the ground floor of our head office in Sanur.


You can enjoy modern Fiber Optic cable vision and Wi-Fi so that you may keep in touch with business, friends and relatives from around the world.


When you purchase one of our ©Bali Luxury Retirement Villas you also receive the services of one of Bali’s most successful award winning professional villa management and marketing companies. 

It is owned and operated by a Baby Boomer, Canadian President who has lived in Bali for 22 years and his Indonesian Spouse who is a Licensed Notaris. Together they have successfully owned and managed Bali Hotels, Villas and Restaurants for over 30 yrs.
PT. B.A.L.I. Managed team of over 100 Trained, Experienced Professionals


We anticipate several of our ©Bali Luxury Retirement Villas owners will opt to buy one villa to live in and another one for rental with net cash flows anticipated of 8% to 15% per year for long-term rentals. 

They should enjoy positive cash flows plus appreciation on these villas with an 80-year lease. All leases may be taken over by others or your heirs. 

The beauty of an 80-year lease is that you can live in it 10 to 20 years and still sell your lease to someone else who can still enjoy it for another 60-70 years. So, we believe these ©Bali Luxury Retirement Villas also have excellent appreciation potential.


Don’t miss out on the launch of the first of these ©Bali Luxury Retirement Villas.

They will be constructed and ready for occupancy in 2020.

As a special incentive to those who know how to make an investment decision, we are offering a $10,000 discount on the first two Villas providing the order is placed with a small fully refundable deposit of $1,000 before Feb 28th. 2019. All orders will be subject to your full approval of all designs and specifications.


Shown below are our current availability and selling prices. There are only a few villas available in these new complexes and they are selling fast.


Sq., MT.

IDR 3,316,432,000,000
IDR 3,204,432,000,000
IDR 3,204,432,000,000
IDR 3,344,432,000,000
IDR 3,400,432,000,000
IDR 3,372,432,000,000
IDR 3,372,432,000,000
IDR 3,484,432,000,000

*Approximate square meters of Villa plus pro rata share of common area.

** Based on USD equals 14,000 IDR

The terms of the agreement will be 30% down 25% upon completion of walls 25% and completion of roof 15% upon handover and 5% holdback or 90 days. There will be an unconditional one-year guarantee on all parts and labor.
For further information, secure an investment or purchase contact us direct at

You may also Call us or Whatsapp us at:

Lawrence in English +62-812-381-4014

For legal information In English or Bahasa Indonesian Contact Azizah 

You may also contact our office at two 62– 361 – 284- 069  24 hours per day.
You may also fax us at 62– 361 – 270- 143

Buyers, sellers, brokers, agents, investors, lessors or renters will benefit from attending one of our Free Real Estate Seminars in Bali.

Free Seminar Schedules: Dates & Times:   Sat. - Feb. 23 rd. 2:00 PM - 3:15 PM.

Location: Bali, Emerald Villas, Jl. Karangsari, # 5, Sanur, Bali, Indonesia.

Seminar Topics: At these seminars you will learn about:

  • Ø The Past, Present and Future of Bali Real Estate.
  • Ø Clarification of laws allowing foreigners total control up to 80 years.
  • Ø How to avoid legal problems and make sure a property is safe.
  • Ø How to avoid complicated laws - Indonesians married to foreigners.
  • Ø Why this is the second-best time to buy this century.
  • Ø Where are the best locations to buy for maximum profits?
  • Ø What properties offer the potential of *10% to 20 % per year?
  • Ø Discover how you can sell your property fast for the highest prices and lowest commissions on a brand-new web-site.
  • Ø First Class Beachfront property at almost 50% discount.
  • Ø Low cost properties with Luxury Villas starting as low as $158,000 for a three-bedroom 650 m² 3-bedroom, 4 baths with private 9 mtr. Pool.
  • Ø Ridiculously low-priced ocean view building lots $25,000 for 500 m².
  • Ø Brand new Bali Luxury Retirement Villas starting at $198,000.
  • Ø A Rare opportunity for only 1- 4 Investors to have Beach View land in you name and earn 15 % per yr. for next 2- 3 yrs Guaranteed by 14 YR Old Company
Limited Seating & Free Parking: 

Seating is very limited for these free seminars so please avoid disappointment and make reservations A.S.A.P. Click Here for Free Reservation 

Email: or Tel: Office: 62-361- 284069 – Bahasa Indonesia  62-812363217 

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Best Asia Real Estate Editor's Comments:  Lawrence editing this newsletter while on vacation in Macau This new high-tech technique...