Week one
One week has passed, I have really been having a wonderful time at Rivers villa he has really created a marvellous place to relax in and enjoy. To be honest it has inspired me to the point that I am considering doing the same and living here similar to him. So we have put the word out for some available land opportunities for me. I really feel like I would like to spend some time living in Lombok and see what I can do with the capital left from selling my house and the different skills and experiences I have gained over the course of my life. Rivers work here and the fulfillment of his personal vision has further reinforced to me the reality of a persons dreams materializing in their world if they simply just have a go. Include Jette Edens photoshoot.
Week two
I have been surfing various surf breaks some have been working better than others due to wind and swell directions. I put my elbow through my board on a heavy set wave at Mawi and my sea ulcers have also gotten pretty deep due to continued surfing.
Land
I have looked at a few different areas and plots of land and have found a great piece for sale with road access which then climbs up the side of a hill spanning approx 55 are (1are is 10m by 10m) this is enough for a few good sized houses and maybe some shops along the road, if this was to be realized the ones built higher up will offer views of the sea and all the coconut tree plantations and mountains that surround.
I instantly had a good inner feeling about this land, a calmness in my spirit so I have decided to give it a go an as a result we have negotiated a reasonable price, not super cheap however as the land here in this region due to speculation from overseas investors has doubled over the last two years. There is presently the construction of an International airport taking place in Mataram and completion is approx. being a year away. This really is generating an increase i interest investment and speculation here which as a result is pushing prices up steeply.
Land Ownership in Indonesia
Ok, It is not a simple process owning land here as it has to be in a the name of a an Indonesian resident with a complex loan contract drawn up which allows a foreigner the rights to build, rent, lease and use the land indefinitely. There is a trust element involved here and I have heard many horror stories about people who have lost a lot of capital trying to buy land here. However there are also horror stories of people drowning surfing and I still surf heavy waves whenever possible. There are also great examples of ex pats who have pulled this off and I am following their example.
I can see that this can be achieved amicably if the right people are involved. River has a good crew of local professionals on his side and also the head of the village so I am working with these guys to get this right.
Week 3
Moneys transfered from UK to a nominated Indonesian bank account. All in all has taken ten days and 50% deposit has been paid on the plot of land I have chosen, I have now received officially signed and stamped paperwork with all the correct individuals witnessed by the heads of the village and others with positions of social standing. It has been made apparent to me that the leaders and local officials have clearly understood that tourism and the investment it brings is really of benefit to the local economy. As a result the people involved are helping the process run smoothly for me.
Speculation
There has been a tourism boom anticipated in Lombok for 10 years but due to the Bali Bombings a few years ago a lot of investment was withdrawn. However I can feel and see an increase in investors confidence here and as a result I am sure that in less than 3 years time, official helpfulness and efficiency levels this will be very different. I am taking a small risk here compared to buying land in the UK but it is purely financial. I have also weighed up the potential cost and losses and am prepared to take these risks in order to see many dreams materialise and become fruitful. Quite simply due to my skateboarding, bmx, moto x, and surfing I have accepted I have taken greater physical risks every day and even though I have been hurt I continue to achieve many of my dreams and goals. I still carry on smiling after each adversity and always learn a lot in the process.
I feel very blessed to be faced with this opportunity in this stage of my life and also at this stage of Lombok’s development. The dream of living in a beautiful place with waves to surf daily is a few steps closer in the right direction as each day passes and for this I am very grateful. I am fortunate to be able to undertake this at this stage before the cost of labour, materials and official beauracracy become over run. I really believe that soon there will be a significant increase in outside investors and thus I will just become another person in the queue if I do not take the plunge now. At this stage the queue is short and as a result I have the land department pushing my certificates through for me relatively efficiently due to the team I am working with.