The thought of having (and starting) your own Bali villa rental business is heavenly, isn’t it? Imagine this: You have your own property in a land often dubbed as a heaven on earth. To even sweeten the cake, you are able to rent that property and earn passive income. Sounds like a dream come true, isn’t it? Or is it just too good to be true?
Bali Villa Rental Business: Where to Start
There is no doubt that starting off a villa renting service isn’t easy. Heck, it’s not easy for the locals; let alone a foreigner like you. Despite the seemingly far-fetched idea, it’s actually possible to buy your own villa and rent it out.
Of course, you should do it legally. And by legally, you shouldn’t cut corners. Simply go straight to the department or officials responsible for the legal purchase and obtain your business license. There are some people who can help you, but be sure that they are legal and their business is legit.
When you decide to buy a villa in Bali, you should have already made a plan about what you want to do with it. Are you going to use it for personal use only? Are you going to use it completely for business? Are you going to have both: use it for personal reason for a certain period of time and rent it out when you don’t use it?
These questions are crucial as it will determine your next process to choose the right property. Do you want a small villa in the big city or a big one in a more remote area? Do you want a simple villa or the luxurious type? Are you interested in only having one villa or do you want to build a complex of them?
Afterwards, even after you have found the ideal one, do you still need to renovate it or rebuild it? Are you okay and satisfied enough with its current condition? What do you want to do to improve its aesthetic appeal?
If you still need to do further steps, which may involve renovation and even building, then you need to get yourself the IMB or the building permit. Basically, the more complex your requirements and preferences are, the more complicated the process will be. Not to mention that it will take longer.
Read more article Villa Rental in Bali: Unveiling the Secrets of Successful
Promoting Your Business
Once you are ready with your villa for rent, you need to start promoting it. Since we live in the era of technology and high tech system, it’s only logical if you make use of it to get the words around. Social media can be a potent way to promote your business. You should start from there.
If you have more money to spare, you can always have your own website. Make it look professional and always update it. The risk of having a website is the fact that you should make time on a daily basis. So, have a running website and active social media can really help.
Care and Maintenance
You should have a regular maintenance, not only for your website and social media, but for your property. Having it cleaned regularly will help. You should also perform regular checking and update, so the villa stays in its good condition. After all, who would want to rent a villa when it’s in a shabby or lousy condition? You probably need to consider about hiring a staff or worker to help you with the maintenance and care.
Start Your Villa Rental Business with E-Visa!
Let’s not forget that you need to have the right paperwork and legal documents before you can purchase any Balinese villa and start your business. you need a PMA, which is a type of registration and license for foreigners want to start businesses in the island. Dealing with the complicated process of making the documents can be a headache. That’s why you should turn to the professional service for guidance, advice, and assistance. Don’t hesitate to reach out to E-Visa Bali. They are the professional experts who have the in-depth knowledge of the business – and the overall stages. Check them out at E-Visa Bali so you can learn more about them and have zero doubts about their expertise. With their help, you should be able to start your Bali villa rental business in no time.