Purchasing Real Estate in Bali

Bali is regarded generally as the “Island of the Gods”. So you may presume quite easily that it can be the place of your ideal residence. Who does not desire to live with ‘the Gods’? Hence if you have cherished any desire to live with ‘the Gods’ you may try to buy a villa or a home in Bali. In this article I would try to elaborate why you should choose Bali as the ideal place to dwell in.

Day by day people from different parts of the globe flock here in search of the divine peace. As a result Bali is gradually becoming the ideal sector for real estate business. As the insurgence of people from different countries goes rampant you may miss a plot in this divine island. A delay from your part may lead you to utter despair. Hence make haste and try to gather different instructions regarding the real estate affairs.

Many people from the US or other corners come to Bali to live for good. They come here selling their properties. At the very instant people or those who love you may think that you are crazy. But within a few days sojourn in Bali will offer you enough scope to answer back their questions. You may tell them with full throated ease why you have opted for Bali.

Actually Bali has the variety of luxurious flora than any other place you know about. The remarkable terrain of mountains, the awesome river gorges, the paddy fields where paddy plants sway their heads in glee and the dazzling beaches are ready to steal your heart. Initially the name of the island may force you to think of a boring island that is all the time engaged in deep slumber. But all the time keep it in mind that Bali is always bubbling with mirth and merriment and you may find the essence of life here in the golden beaches of the Divine Island. You are sure to get back your lost health boosted if you set foot on Bali.

Bali has the exotic golf courses, the sailing yachts, rafting, riding on the horse, paragliding, scuba diving, scope of long trekking and many things that may easily draw your attention. If you decide to reside in Bali and enjoy the warmth of life all the while you must meet a real estate agent and discuss with him every detail. In the very conclusion it may be told with confidence that Bali never deprives anyone. If you feel her pulse she is ready to offer you the divine happiness that is actually rare in our beautiful planet.

Firstbuy Proving Popular At Landmark Royal Arsenal Riverside Development

The government-backed FirstBuy purchase assistance scheme has proved to be a popular option for homebuyers at Berkeley Homes’ regeneration scheme at Royal Arsenal Riverside, which is providing some 5,000 new homes in South East London. The scheme is available on selected plots and 11 homes have already been snapped up with FirstBuy funding, with more still available.

Paul Vallone, Managing Director of Berkeley Homes (Urban Renaissance), says: “FirstBuy has proved to be extremely popular at Royal Arsenal Riverside, with first-time buyers taking advantage to buy an affordable new home in a stunning riverside setting with exceptional transport links. This is an exciting time for Greenwich, which has recently been awarded Royal Borough status and is a host Olympic borough, and through schemes like FirstBuy more and more people are able to get their foot on the property ladder in an area which is really going places.”

Royal Arsenal Riverside sees the regeneration of a former government-owned site that manufactured armaments during the Second World War and suffered greatly from bomb damage. Some 2,000 new homes have already been provided at the scheme, housing around 4,000 people. In addition, a new Crossrail station is under construction adjoining the development and residents benefit from a supermarket, pharmacy, health and wellbeing centre, gym, gastropub and cafe on the site itself.

With its fantastic transport links to all parts of London and the new amenities being provided, many young people aspiring to homeownership are considering a property there, made all the more affordable with FirstBuy, which only requires them to provide a 5% deposit. Up to 20% of the purchase price is contributed jointly by Berkeley Homes and the Homes and Communities Agency in the form of an equity loan, meaning the buyer only has to find a 75% mortgage – usually at a much more competitive rate than a 95% mortgage, for example.

Eligible to those earning up to 60,000, FirstBuy is aimed at those who are buying a first home or getting back onto the property ladder and intend to use the home as their main residence. The buyer retains 100% ownership from the start, and the loan is interest free for five years and repayable when the property is sold.

At the current phase, known as The Warehouse No.1 Street, prices start at 252,500 for a one-bedroom apartment and there are a number of one-, two- and three-bedroom properties complete and ready to move into. The marketing suite open from 10.00am to 6.00pm daily (until 8.00pm on Thursdays), enabling buyers to visit the site and get a feel for the new homes themselves.