The cost of a villa largely depends on the location. The more popular the area, the more expensive the villa will be. In addition to the cost of the property, additional costs of buying property like buyer’s tax (5% of the transaction value), seller’s tax (2.5% of the transaction value), and the notary fee (0.5-1% of the transaction value).  You must also consider the legal expenses for due diligence as well as consultation and review of agreements. The total of this will depend on the scope of work done. Foreign buyers, in particular, must consider the cost to convert the land certificate from Hak Milik (freehold) to one that is available to foreigners. The safest way to buy property is with a Hak Guna Bangunan (Right to Build) land certificate, available to foreigners through a foreign limited liability company. The fees for converting the land certificate will depend on the location and size of the property. The land agency will determine the amount after the submission of documents. It is common practice to declare smaller transaction values in the agreement to lower taxes. But note that the amount in the agreement is the same amount that you can declare as your investment in your company.