Coco development landscape

The documents, not a brochure

Three documents. Then the house.

Permits are what you ask before money leaves. A stalled PT PMA is what a builder already has. A brochure answers neither. Name the papers, how you buy, and which house is still there.

Ask this, not “is it legal”

Building permit. Land right. Who can rent it out.

IMB / PBG — the building may exist

IMB is the old name for the building permit. PBG (Persetujuan Bangunan Gedung) replaced it. A foreigner building alone usually cannot apply in a personal name; a PT PMA holding HGB is the usual applicant. A Coco house sits in a development they already take through this.

Coco’s own site flags PBG (and SLF) as part of the 2026 line for rentals. Coco on rental returns

HGB — the right to build, usually through a company

Foreigners do not take Hak Milik (freehold). The usual paths are leasehold (Hak Sewa), Hak Pakai, or a PT PMA holding HGB. Dubai freehold zones are a different legal object. Coco: leasehold vs right to use

Who can rent it out — a licence, not a listing

Tourism accommodation is a licence. Building a rental house without it is the grey path their blog warns about. A Coco house is sold as already inside that stack. Confirm the live licence name on that house, on WhatsApp, before you treat the papers as done.

Ask for the three documents on the house that is still open →

How you buy

PT PMA versus a holding.

PT PMA — if you are the one building

Needed when you are the developer: land rights, PBG, rental operations. It needs capital, KBLI, and time. It can start and stall. That stall is not a Coco failure. It is what building yourself costs before the first guest.

Charelle, on Coco’s site, named legal, banking and permits as the reason the package felt complete. Coco testimonial

Holding — if the holding can buy

A European holding can buy a Solea in one go. You are buying a house, not finishing a Bali company. Leasehold / structured title is still Bali law. The difference is who carries the day-to-day.

If the PT PMA already stalled, you do not have to wait for it to revive to own a managed house. How it works →

What is still there

One Cabana around €95k versus a Solea plan.

Cabana

Still discussed near €95k. Cabanas otherwise sold out. Fits about €100k, and Azoria’s published from-€90,000 line. Coco: Azoria from €90,000

Solea

Larger. The payment plan is the live ask: Coco publishes 20% from rental or resale profit, and the 50 / 30 / 20 construction split on Azoria. A holding can also pay in one go. Confirm the current schedule before treating either as reserved.

Coco site: 20% from rentals or resale

Own use plus rental fits a Cabana. Living there someday points at Aura Wellness from €105,000 as much as at an Uluwatu Cabana. When you last visited does not change the papers.

What to ask next

Three things to ask on the next call.

1. The three documents on this house

PBG (or older IMB), HGB / title chain, rental licence. Names, dates, who holds them.

2. How you buy

Personal leasehold, PT PMA, or your holding. If a PT PMA already stalled, say so. The holding can still buy.

3. Which house, and the 8%

Cabana around €95k if it is still there. Solea plan or one payment. 8% is what Coco puts on paper. 11–15% is what you wrote on the form, not what they promise.