Real estate in Kuta Lombok
designed to perform

Malasama Development is a real estate developer based in Kuta, Lombok, Indonesia. We design, build and operate leasehold villas and boutique studios for international investors, and we also offer construction supervision and property management. The group operates through PT Malasama Project Developments and PT Sapo Mandalika Management (PT PMA). Our office is at Malasama Suites Hotel, Jl. Mawun, Kuta, Lombok.

Indonesia has an established legal framework for foreign property investment (Hak Sewa leasehold, Hak Pakai and HGB through a PT PMA), and Lombok benefits from government-backed infrastructure: the international airport, the Mandalika Special Economic Zone and the MotoGP circuit. As with any emerging market, the main safeguards are due diligence on the land certificate and building permit, a clear contract, and an experienced developer with completed projects. Malasama Development has delivered and operates several developments in Kuta Lombok.

For managed short-term rental properties in Kuta Lombok we work with gross rental yields of 13–22% per year, plus indicative capital appreciation of 10–20% in prime areas. These are estimates based on our operating properties and market sources, not guarantees. Our Malasama Suites Hotel is rated 9.3 on Booking.com with occupancy above 75%.

Yes. Foreigners cannot hold freehold (Hak Milik) directly, but can legally invest through a Hak Sewa leasehold (the structure used in most Malasama projects), Hak Pakai (right to use, up to 80 years cumulatively) or HGB held through a PT PMA foreign-owned company. Malasama Development guides investors through the structure, the notary process and the paperwork.

A leasehold (Hak Sewa) gives you the exclusive right to use, rent out and resell the property for a fixed term registered before a notary. Malasama projects are sold with 40-year leaseholds (Malea Villas, Oasis Dune Villas) or 60-year leaseholds (Saona Studios). Extension conditions are defined in each lease agreement.

Entry starts from €60,000. Current pricing: Saona Studios ocean-view studios from €64,000 (60-year leasehold), Malea Villas one-bedroom villas from €89,000 and two-bedroom villas from €125,000 (40-year leasehold), and the last Malakasi Villas two-bedroom freehold unit at €149,000. Prices are all-inclusive as published, with no hidden fees.

Saona Studios (28 ocean-view studios of 60 m², phase 2, delivery 2026), Malea Villas (13 private villas with pool, coming soon) and the last unit of Malakasi Villas. Oasis Dune Villas and Samana Boutique Studios are sold out and Malasama Suites Hotel is operating. See the full list on our projects page.

In summary: choose a unit and reserve it, complete due diligence (land certificate, building permit, developer entity), sign the lease or purchase agreement before an Indonesian notary, pay according to the schedule in the contract during construction, receive the furnished unit at handover and sign the management agreement so the property starts generating rental income. We explain each step on our how-to-buy page.

Malasama manages the property end to end: listing on Booking.com and Airbnb, pricing, guest communication, check-in, housekeeping, maintenance and investor reporting. Owners receive their rental income without managing day-to-day operations. Management terms and fees are set out in the management agreement.

Lombok offers entry prices roughly 30–50% below comparable areas of Bali, higher gross rental yields (13–22% versus 7–15% in Bali) and stronger growth potential, driven by the Mandalika Special Economic Zone and rising tourism. Bali is the more mature and liquid market. Many investors combine both; our Lombok vs Bali comparison page shows the data side by side.

Studios have the lowest entry price (from €64,000), high occupancy and simple operations, which usually means the highest yield per euro invested. Villas cost more, attract families and longer stays, and tend to appreciate more in absolute terms. The best choice depends on budget and goals; we compare both in detail in our insights.

Mandalika is a government-backed Special Economic Zone on Lombok's south coast, next to Kuta, home to the Pertamina Mandalika International Circuit that hosts MotoGP. It concentrates public and private investment in roads, hotels and tourism infrastructure, which is the main driver of demand and property values in Kuta Lombok, where all Malasama projects are located.

Yes. Owner use is possible and is agreed in the management contract so that it fits around rental bookings. Most investors block a few weeks per year and let the property rent the rest of the time.

Yes. A leasehold can be transferred to another buyer for the remaining term of the lease, before a notary. A well-managed property with a rental track record is easier to sell. Any gain may be subject to Indonesian tax; we recommend independent tax advice.

Rental income earned in Indonesia is taxed in Indonesia; rental of land and buildings is generally subject to a final withholding tax on the gross rent (currently 10%). Your home country may also tax foreign income depending on double-taxation treaties. Malasama can introduce you to local advisors; this is not tax advice.

Yes. Beyond our own developments, we provide construction supervision (contractor control, quality, budget and progress reporting) and property management (short-term rental operations and reporting) in Kuta and Mandalika, Lombok, through PT Sapo Mandalika Management.