Buying Lombok property is not just about finding the right place, but also determining the future possibilities and values from your property investment in Lombok. Sometimes, the best option is not buying empty plot or fully-furnished, fully-constructed property, but the one that is still half-renovated or requiring further developments. Depending on what you look for from an investment, this kind of property can have its advantages.
Benefits of Half-Renovated Lombok Property Investment
There is a growing popularity of villa and resort development in Lombok, in which many villas are being offered while they are still in construction, or still in modest, basic designs, waiting to be renovated. A rural villa in Meninting, North Lombok, for example, is offered as a modest 2-story house that can be developed into a private holiday home, regular house, or family villa.
With basic, modest building and bare yard, the house gives several advantages: it has been fully built, but it is still open for specific design plan of the investor. For example, if you want to make a villa with mix between traditional and modern theme, you can combine tropical elements with the basic modern house style and contemporary furniture. You can also create a private villa with personal design that matches your family’s taste.
How to Develop Half-Renovated Lombok Property
When you get a half-renovated Lombok property such as villa, make sure to know everything local about building codes before deciding your plan. Also, check if the villa already has connections to water, electricity, and telephone line. Do not make basic utility problem turns your project into disaster. After taking care of basic needs, feel free to create the design you like for renovation.
Developing half-renovated property investment in Lombok is a great way to erase the hassle of building from scratch, but also freedom to develop the property in your chosen design.