Bali Real Estate: 11 Reasons to Invest in Bali

Whether you are considering investing in Bali real estate to build your future house or start a rental business, you are making the right decision. Bali’s real estate market has proven itself high-yielding, easy to enter, and very stable in face of an eventual crisis. It is also worth mentioning that real estate in Bali is attractive not only for foreign investors but for many domestic investments as well. 

Both political and economic situations in the country are also contributing to the real estate boom in Bali and other Indonesian islands demonstrating the government support and deep understanding of investment profits for the economy and quality of life in the country. Working in Indonesia and Bali specifically for more than 20 years, Harcourts Bali crystalized their own reasons to invest in Bali real estate. 

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Is the property in Bali a good investment? 11 reasons to invest in Bali

1. Natural beauty 

Bali is one of the most beautiful places in the world, with stunning beaches, lush greenery, and towering volcanoes, its popularity among tourists is only increasing every quarter.

Bali has a fantastic climate, with year-round sunshine and balmy temperatures. Rice paddies are immense and are considered UNESCO heritage. Volcanoes are silently watching the island, waterfalls, jungles, rivers, lakes, tropical forests, fruits, and berries plantations, and, of course, an underwater kingdom – this place is a real island of Gods. 

2. Tourism hub

Bali is a popular tourist destination – according to Statista, 6.3 million tourists visit Bali every year. This creates plenty of options for accommodation, dining, and entertainment. The infrastructure is better than on other Indonesian islands and the environment is built for foreigners’ needs. 

The island has something for everyone, whether you’re looking for a peaceful retreat in Ubud, an action-packed holiday around the island, or nightlife in Canggu and Seminyak. 

3. Cost of living

The cost of living in Bali is relatively low compared to other Western countries, making it an attractive proposition for retirees and families. You can easily live and work in Bali for under $1500-2000 per month.

This makes Bali one of the top destinations not only for short-term tourists but also for digital nomads and expats. It is also beneficial on the investors’ side, as long-term residents are also tending to rent long-term. On the other hand, daily rates are higher and bring more immediate cash. And it is amazing that both income streams are possible in Bali. 

4. Economic stability  

Bali has a stable economy and political situation, which makes it safe to invest money in real estate. Indonesia is the only member of the G-20 from South-East Asia with the perspective to become one of the top-5 leading countries by 2030.

Indonesia is one of the top Asian countries with the strongest domestic market and most favorable investment climate – it is also considered the 4th global investment destination after India, China, and the USA. 

Economic stability has proven itself during years of crisis – Bali’s economy is one of the fastest to recover and grows every year. It is due to a few factors: the evergreen tourism industry on the island, strong domestic investments, and transactions in cash. 

5. Rising property values

The property values are only going to go up in the future. The Bali real estate market is growing not only thanks to foreign investment but due to high and rising demand among Indonesians. 

Businessmen from Jakarta – the capital of Indonesia, see Bali as one of the best destinations for investment in property and business. Foreign investments amount to 6-7 billion dollars per quarter with Singapore, China, Australia, and the United States being the top countries investing in Indonesia. 

Only in the first quarter of 2022, the Bali real estate market grew almost 30% (28.5%) which is the biggest growth rate since 2012. 

At Harcourts Purba, you can check actual property prices across Bali and the outer islands. 

How much does a house in Bali cost?

It costs on average USD 200 000- 300 000 to buy a simple modern house in Bali. The better location is or the more sophisticated the design is, the higher will be the asking price. 

Speaking of land, you can lease land in Bali starting from USD 400 per 100 sq m (are) per year in less popular areas. This translates into USD 30 000 for 25 years if you will buy a 3 are lot (enough to build a house with a garden and pool). If you are looking for land in the most popular areas like Canggu, the same 3-are lot for the same 25 years will cost you around USD 112 500 (approximately USD 1500 per are per year).

6. Versatile real estate market in Bali

There is a huge range of different properties available in Bali. In terms of property type, locations, and budget. From luxurious villas to more affordable apartments. From beachfront real estate in the hotspots to the outer islands’ land and villas. 

Buying real estate in Bali can cost you as low as under USD 100 000.  

Can a foreigner buy property in Bali?

Absolutely! It is possible to buy and own 100% of a property, yet, it is worth mentioning that by purchasing real estate in Bali you’re not holding it indefinitely. As a foreigner, you are allowed to lease property for a certain number of years under a renewable contract that will give you rights to build on this land or to use the property for residential or commercial purposes

7. Government support 

The Indonesian government is very supportive of the island’s property market, so you can be sure that your investment is in good hands. The legal process of buying a land or a property has become easier and safer for foreigners, allowing them to lease the land long-term and do business legally.

Indonesia is a very safe country politics-wise. Based on international analytical surveys, its political system is as stable as Western. 

8. Reliable market

The real estate market in Bali is backed up by many property agents and international real estate agencies opening branches in Bali. 

There are many experienced and reputable developers operating in Bali, so you can be confident that you’re getting a high-quality property with European standard property building and management. 

Many of them are involved in building sustainable projects and supporting local communities through charity and education which is also a big contribution. It is important to work with companies that give back and support local culture and resources. 

Be aware of the abundance of amateurs and unqualified real estate agents in Bali. Unfortunately, there is no mandatory license needed to become a property agent here. Working with an under qualified agent creates a lot of problems for foreign clients, including significant losses of money or even getting an illegal build. 

9. Culture

Bali has a versatile cultural landscape with the majority of the local population being Hindu. It brings an unforgettable experience to get to know and watch beautiful ceremonies and discover how a different culture sees life, love, death, and the world itself. The other two main religions in Bali are Islam and Christianity. 

Apart from it, foreigners coming from all around the world bring their knowledge, and culture and create a truly international community. 

10. Bali real estate market is easy to enter 

According to the World Bank’s survey, Indonesia is one of the top countries where the real estate business is easy to start. The ranking included government support, the legality of property ownership, taxation, purchasing real estate, and the building process. 

And it is true that foreigners can legally lease land and properties long-term individually or by setting up a company in Indonesia. The whole process takes only a couple of months. However, the process is currently simple and transparent only if you have a trustworthy property agent in Bali. Navigating real estate by yourself is challenging at the moment. 

11. Social environment.

Indonesian society is not only the TOP-3 democracies in the world, it is also historically used to be versatile. Hindus, Christians, and Muslims coexist here creating a unique cultural experience and protecting their own cultures in a very respective way. 

Why should it be a reason to invest? Stable societies impact the economy and growth significantly. Any strikes are extremely rare in Indonesia. 

Balinese people are not just welcoming. The country itself is focused on reforms, investments, and growing its power in the most eco-friendly and human way. At the same time, a lot of rich people live in Indonesia and Asia – 36% of all world’s billionaires live in the Asia Pacific region. As we saw, China and Singapore also prefer to invest in Indonesia, keeping the money within the Asian region.

Investing in Bali real estate is a great way to secure your financial future – so what are you waiting for? Contact Harcourts Bali – the award-winning property agency – today and start planning your dream property in Bali!

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Trust the experts at Harcourts Purba Bali. If you are thinking of buying property in Bali, or if you have been trying to sell your villa, ask us what we can do for you!

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What They Say

We’ve been working with Harcourts Purba for a while now and we are very impressed with their commitment to providing excellent Realestate Services. They have been proactive in their searches and dealings and sensitive and understanding towards our needs in the various projects we’ve chosen them to be our partner in. Even though the Realestate Services market in Bali offers many options, we recommend Harcourts Purba to everyone who is keen to live and or invest in Bali or the surrounding islands. From the friendly and non-confronting atmosphere at their offices to their unparalleled local knowledge and great understanding of realestate markets and trends, you’d be hard pressed to find a better realtor.
by Dennis & Kristin Zwijnenburg
Siti, Eugene and the team have been very helpful in finding my dream property on Bali. They went the extra mile to make sure I got the villa I wanted. The whole process were very complicated as other agencies were involved, but with Siti and Eugene’s help I now own my dream villa. I am very satisfied and highly recommend them!
by Lili Tjandra
A million thanks to Siti and Eugene who helped us sell our Bali villa. It was a long process that required a lot of patience and that is why I really admire your dedication, perseverance and professionalism in closing the deal. Thank you for standing by us and guarding our interests throughout several years of rental management and ultimately the sales process itself – you did a fantastic job!
by Bojan Tercon

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