Sudirman Suites
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Overview
A residential tower located in the heart of Jakarta's Central Business District.
Building/Community Amenities
- 24/7 Security
- Fitness Center / Gym
- Parking
- Pool
Investment Insights
Legal & Ownership
Legal & Ownership Information
Ownership Structure
Ownership Rights
Full ownership rights (Freehold)
Foreign Ownership
Foreign Ownership: Foreigners can buy apartments under a 'Right to Use' title but are restricted from owning land directly.
Tax Considerations
Property Taxes
Property taxes in Indonesia include a purchase tax, generally around 5% of the property value, payable by the buyer
Transfer Tax
purchase tax, generally around 5% of the property value, payable by the buyer
Inheritance Tax
Capital gains tax is applicable on the sale of property at a rate of 2
Important Considerations
Restrictions
- Restrictions: Foreigners can only purchase property with a minimum price set by the government, varying by region.
Required Documents
Financing Options
Financing Options
Financing in Indonesia
Indonesia offers a variety of property financing options for foreign buyers, making it an attractive destination for real estate investment. Typical loan-to-value (LTV) ratios for foreign buyers range from 70% to 80%, allowing investors to leverage their capital effectively. The country's burgeoning economy, coupled with a stable property market, makes Indonesia an appealing choice for mortgage financing. Foreign investors are particularly drawn to the competitive interest rates and the potential for high returns on investment properties, making it a strategic choice for both residential and commercial real estate acquisitions.
Requirements for Foreign Buyers
- 1Valid passport
- 2Proof of income (salary slips or tax returns)
- 3Bank statements from the past six months
- 4Letter of employment or business registration documents
- 5Credit report from the buyer's home country
- 6Property appraisal report
- 7Local guarantor may be required
