Leasehold is a long-term right to use a land plot for a fixed period, with ownership and use rights over the real estate located on it.
Freehold is full ownership of land, which in Indonesia is available only to Indonesian citizens and the state.
For foreigners, leasehold is a legal and standard format for owning property in Bali.
It is important to note that under a leasehold arrangement, the land itself is not purchased, but the right to use it.
At the same time, leasehold grants the owner the same usage rights over the property as freehold, except for the time limitation of the agreement, while being significantly more affordable.