Glossary

Alfamart’s digital loyalty and promo system for points and periodic discount campaigns.

An interbank ATM network allowing cross-bank withdrawals and balance checks in Indonesia.

A recurring local contribution to the community that can support security, waste management, and ceremonial costs.

Mandiri’s full-featured mobile banking app for transfers, bills, and financial operations.

A widely used Indonesian banking app with fast transfers and QR-based daily payments.

Indonesian land and building acquisition duty—often the headline buyer-side transfer levy in notary workflows.

Major non-daily spend—repaints, pool resurfacing, roof refreshes—that protects yield and guest ratings.

Expected or realised increase in a property’s value—often cited in high-demand Ubud micro-markets where scarcity and tourism drive pricing.

ATM cash withdrawal via mobile banking code without inserting a card.

A major Indonesian bank often noted for ATM convenience and withdrawal limits.

Indonesia’s customs authority handling duties and taxes on imported goods.

Popular Indonesian digital wallets used for transport, shops, and app payments.

Third-party holding of funds until deed conditions clear—more common in expat-to-expat deals than purely local cash customs.

A loyalty app for Indomaret offering points, discounts, and member-only promos.

The everyday Indonesian word for a membership fee or local contribution, including banjar-level payments.

A one-time payment for the entire lease term (often 25–30 years), common on Bali leasehold—full capital upfront instead of monthly rent.

Insurance cover for emergency transfer to overseas hospitals when local intensive care is insufficient.

Profit after every operating line—OTA fees, staff, utilities, tax, marketing—not gross booking totals.

Professional fees for deed drafting, tax workflow, and registration—distinct from the taxes themselves.

Share of the year a villa earns from paying guests; 65–85% is often quoted as healthy for Ubud investment villas when ops and marketing are strong.

Buying before or during construction—often discounted versus finished stock, but needs milestone contracts and developer track record.

Property deals and rentals in Indonesia involve different taxes, including transfer taxes and income-based withholding on rental earnings.

Indonesia’s annual land and building tax—usually modest rates, but unpaid years can block transfers and permit work.

A digital-first banking product known for easy mobile workflows and promo programs.

Income tax dimension on many property sales—usually framed as seller obligation but negotiable in net-price deals.

Contract between owner and operator covering revenue share, marketing, staffing, and maintenance SLAs.

Standard QR checkout bridging bank apps and e-wallets—street stalls to boutiques.

Indonesian rupiah IDR—cash still matters for villages; apps bridge where networks fail.

Average daily rate swings between Christmas peaks and February troughs—yield models need season curves.

In gated clusters, monthly common-area fees may cover security, roads, clubhouses, or drainage—separate from rent.

Reserve budget for future major repairs in shared or managed property setups.

A recurring owner contribution to a reserve fund for major future repairs in managed projects.

North of Ubud center, UNESCO-famous terraces; cooler air, larger plots, and growing upscale resort and eco-villa interest.

Delivered fully finished with build, interiors, furniture, and often kitchenware—move-in or rent-ready without running your own fit-out.

Unique payment number used in Indonesia for instant matching and confirmation.