Legion Real Estate Guide:
How to Choose a Profitable Property in Bali

 


Bali is one of the leading locations for property investment. The exotic island has a limited area, but this does not prevent developers from actively developing the infrastructure, increasing the number of properties every year. Over the past few years, foreign demand for property in this region has risen by 20%, while property values have surged by 30%.

Bali's promising investment climate was the key factor in the launch of Legion Real Estate agency. Today the company co-operates with the largest building contractors and is actively expanding its base.

Legion Real Estate agency representatives monitor the market, get access to favourable offers and select the best property options for clients according to their individual needs.

Aleksandr Guliaiev - CEO and Founder of Legion Real Estate Agency
Aleksandr Guliaiev - CEO and Founder of Legion Real Estate Agency

 

Who is Legion Real Estate?

Photo of Aleksandr Guliaiev on the island of Bali
Photo of Aleksandr Guliaiev on the island of Bali

Legion Real Estate is the leading real estate agency in Bali. Aleksandr Guliaiev became the founder of the company. The successful businessman worked in the real estate industry in Ukraine until the crisis hit in 2022. In search of new directions he discovered the market of Turkey. He explored opportunities in Dubai, but after arriving in Bali, he decided to establish a real estate agency there.

The island in Indonesia attracted not only interesting landscapes and gorgeous nature, but also a favourable investment climate. There was a huge number of property developers, but almost no agencies that would help clients in finding suitable properties. Legion Real Estate launched its first property listing on January 1, 2023.

 

The extensive experience of Aleksandr Guliaiev's team allowed them to quickly familiarize themselves with the Bali market, analyze its advantages and disadvantages, and develop their own business strategy. Legion Real Estate has earned an ideal reputation for several years.

Now the agency is the leader in sales from major property developers in Bali. Legion Real Estate provides exclusive conditions for its clients - from bargain prices to instalments. The database is constantly being replenished. It already has more than 500 property options in different locations in the region. Each object is thoroughly checked, and clients are provided with a full set of services:

  • selection of a property that meets their needs;
  • preparation of documentation;
  • assistance in making the purchase.

Numerous reviews of Legion Real Estate confirm their expertise and high level of service.

Awarding Legion Real Estate and Aleksandr Guliaiev from the developer LOYO & BONDAR
Awarding Legion Real Estate and Aleksandr Guliaiev from the developer LOYO & BONDAR

 

How to choose property in Bali profitably: tips from Aleksandr Guliaiev

The success of financial investments in property depends on many factors. What key indicators should you focus on when choosing a property to avoid common mistakes? Recommendations from Legion Real Estate.

 

Determining the purpose of purchase

One of the most important moments, because the investor's goal determines the strategy and choice of the object. The main strategies most often used by clients are:


Photo of Aleksandr Guliaiev from his Instagram account
Photo of Aleksandr Guliaiev from his Instagram account
  • Rental income right now. Properties that are ready or in the final stages of construction are considered. The client can start receiving income immediately after the transaction.
  • Long-term rental income. The investor enters the project at the planning stage, when the object is at an early stage of construction and its cost is minimal. As a rule, at this stage the price of the property is 20-30% lower. It is important to understand that from such a deal income will be received later, after the construction is completed and the object is put into operation. Suitable for customers who are willing to wait, in order to get a high return in the long term.
  • Investment for the purpose of resale. Optimal option for investors who are ready to invest in the project, wait for price growth and sell the property at a much higher value. In this case, it is important to choose the right area of development and type of object. Take into account the demand for the location among tourists, infrastructure features and the prospects for development of the area. Careful analysis helps to understand when it will be possible to get the maximum capitalisation.

 

Checking the quality of properties and the reliability of developers

You need to invest with confidence, so checking the developer and the object itself is an essential step. It is necessary to choose a reliable company with a positive history of successful projects. What Legion Real Estate agency does before including the developer in its database:

  • thoroughly studies the history of the construction company;
  • checks the reputation and delivery dates of previous projects;
  • assesses the quality of work;
  • analyses client feedback.

Such a primary filter allows to screen out dubious companies in order to reduce all kinds of risks and count on reliable investments.

The check also includes analysing the competition in a particular area of the island. What does it do? The information obtained helps to understand how profitable it will be to resell the object in the future or how much rental income can be received. If large-scale development is planned in the selected location, its impact on investor profitability is carefully analyzed. As a result, it is possible to choose solutions that meet the objectives and bring maximum profit.

Photo of Legion Real Estate CEO at work
Photo of Legion Real Estate CEO at work

 

How Legion Real Estate helps investors?

Photo of Legion Real Estate founder Aleksandr Guliaiev
Photo of Legion Real Estate founder Aleksandr Guliaiev

Legion Real Estate Agency has several internal principles of working with clients. The main one is to represent the interests of the investor, not the developer. For example, if the agency is approached by a construction company with an offer of a higher percentage of payment, so that their objects would be in priority, such offers are rejected. Legion Real Estate does not care what commission the developer will pay, the main thing is that the property is as interesting as possible for the investor. Every broker at the real estate agency understands that the client's interests come first, even if the deal results in a lower commission.

An equally important principle is safety, based on thorough checking of documentation and legal control of each stage of the transaction. Therefore, investors who turn to Legion Real Estate may not worry about pitfalls. Brokers fully accompany the transaction, performing the following tasks:

 

  • selection of a property that meets the objectives;
  • complete inspection of the property's condition;
  • negotiations with the construction company;
  • legal verification and preparation of the necessary documents;
  • assistance in the implementation of the transaction;
  • remote lease management, if the client cannot do it himself.

One of the advantages of Legion Real Estate is that the company has a representative office on the island. Brokers are the first to monitor market updates, meet personally with representatives of the construction company and get access to unique offers. Therefore, the agency manages to select the ideal options to meet the needs of investors, satisfying the needs and fit into the budget.

When choosing a property in Bali and investing a significant amount of money, you should rely on real facts and concrete figures, not emotions. Independently check the data that relate to the construction company, quality and prospects of the object - quite difficult. As a rule, this is done by brokers. Therefore, it is important to choose a reliable agency that has a good understanding of the local market and favours the interests of the investor over the interests of the developer.