This is not bad. Java doesn’t provide any functions to write PEM files. What you are doing is the correct way. Even KeyTool does the same thing,
BASE64Encoder encoder = new BASE64Encoder();
out.println(X509Factory.BEGIN_CERT);
encoder.encodeBuffer(cert.getEncoded(), out);
out.println(X509Factory.END_CERT);
If you use BouncyCastle, you can use PEMWriter class to write out X509 certificate in PEM.