Surabaya

Apartments and Condominiums in Surabaya, Indonesia

Categories of Housing

1. Apartments: Typically smaller units within a larger building, suitable for individuals or small families. They can be furnished or unfurnished.
2. Condominiums: Similar to apartments but often owned individually. Condos may offer more amenities and are usually located in desirable areas.
3. Serviced Apartments: Fully furnished apartments that provide hotel-like services, ideal for short-term stays or expatriates.

Average Costs

• Rent:
  • 1-Bedroom Apartment: IDR 3,000,000 - IDR 7,000,000 per month (USD 200 - 500).
  • 2-Bedroom Apartment: IDR 5,000,000 - IDR 12,000,000 per month (USD 350 - 850).
  • 3-Bedroom Apartment: IDR 8,000,000 - IDR 20,000,000 per month (USD 550 - 1,400).
• Purchase:
  • 1-Bedroom Condo: IDR 500,000,000 - IDR 1,200,000,000 (USD 35,000 - 85,000).
  • 2-Bedroom Condo: IDR 800,000,000 - IDR 2,000,000,000 (USD 55,000 - 140,000).
  • 3-Bedroom Condo: IDR 1,200,000,000 - IDR 3,000,000,000 (USD 85,000 - 210,000).

Rental Procedures

1. Search: Use local real estate websites, social media groups, or contact real estate agents.
2. Viewings: Schedule visits to potential apartments/condos.
3. Documentation: Prepare necessary documents (ID, proof of income, etc.).
4. Lease Agreement: Review and sign a lease agreement. Ensure it includes terms on duration, payment, and maintenance responsibilities.
5. Deposit: Typically, a security deposit of 1-2 months' rent is required.

Purchase Procedures

1. Research: Identify preferred locations and property types.
2. Legal Assistance: Hire a local lawyer to navigate property laws and regulations.
3. Negotiation: Discuss price and terms with the seller.
4. Documentation: Prepare necessary documents (ID, proof of income, etc.).
5. Payment: Arrange for payment, usually through bank transfer.
6. Ownership Transfer: Complete the legal process for ownership transfer, which may involve notary services.

Local Considerations

• Neighborhoods: Popular areas include Surabaya City Center, West Surabaya, and East Surabaya. Each has its own character and amenities.
• Utilities: Check if utilities (water, electricity, internet) are included in the rent. If not, budget for these additional costs.
• Cultural Nuances: Understand local customs and etiquette. For example, greeting with a smile and a nod is common.
• Transportation: Public transport options include buses and ride-hailing services. Consider proximity to public transport when choosing a location.

Tips for Adaptation

• Language: Basic knowledge of Bahasa Indonesia can be helpful. Many locals speak English, especially in urban areas.
• Community: Engage with local expat communities for support and social connections.
• Safety: Surabaya is generally safe, but like any city, remain aware of your surroundings and take standard safety precautions.

This guide provides a foundational understanding of the apartment and condominium market in Surabaya, helping newcomers navigate their housing options effectively.