My favourite hide-away in the cool hills of northern Bali now has a resident lessee from Oldenburg in Germany!
Ralf Pelzner and Anke Sawalies came to Bali for the very first time two months ago. They came to stay at Banjar Hills and ask the obvious question "How much?"
It must have been infatuation at first sight because what they really wanted to know was how much it would cost to buy the place!
As it turned out, the asking price was rather more than they could afford, so they leased it instead - initially for two years, with an option to extend the lease or buy the property outright ("investing" in Indonesian real estate is fraught with danger for non-citizens - see here - so the next two years will give them enough time to check it all out before they buy - if they ever do!)
They've just been back to sign the lease and will take up permanent residence in mid-June. Will there be a new menu? ☺
Indonesian Rupiah Exchange Rate
